2023 Q3 Form 10-Q Financial Statement

#000095017023041617 Filed on August 11, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $17.21M $18.33M
YoY Change 15.17% 39.25%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.250M $1.150M
YoY Change -9.81% -17.74%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $6.114M $4.629M
YoY Change 813.9% 557.53%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $5.477M $6.923M
YoY Change -22.15% 0.6%
Income Tax $824.0K $1.272M
% Of Pretax Income 15.04% 18.37%
Net Earnings $4.653M $5.651M
YoY Change -19.39% -0.6%
Net Earnings / Revenue 27.03% 30.83%
Basic Earnings Per Share $0.87 $1.05
Diluted Earnings Per Share $0.86 $1.05
COMMON SHARES
Basic Shares Outstanding 5.366M 5.366M
Diluted Shares Outstanding 5.395M 5.375M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $416.5M $511.2M
YoY Change -39.53% -25.11%
Cash & Equivalents $18.39M $29.94M
Short-Term Investments $398.1M $481.3M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $16.30M $17.56M
YoY Change -13.39% -8.49%
Goodwill $7.800M $7.800M
YoY Change -3.7% -3.7%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.60M $17.00M
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.563B $1.584B
YoY Change -9.87% -9.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.300M $3.700M
YoY Change 178.95% 144.87%
Accrued Expenses $6.800M $6.300M
YoY Change 3.8% -9.03%
Deferred Revenue
YoY Change
Short-Term Debt $43.00M $59.67M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $53.10M $90.20M
YoY Change 586.58% 969.23%
LONG-TERM LIABILITIES
Long-Term Debt $3.400M $3.400M
YoY Change -0.03% 0.29%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $3.400M $3.400M
YoY Change -0.03% 0.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.10M $90.20M
Total Long-Term Liabilities $3.400M $3.400M
Total Liabilities $1.427B $1.442B
YoY Change -11.25% -10.5%
SHAREHOLDERS EQUITY
Retained Earnings $72.38M $69.50M
YoY Change 24.74% 29.06%
Common Stock $13.25M $13.25M
YoY Change 0.3% 0.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $135.7M $142.4M
YoY Change
Total Liabilities & Shareholders Equity $1.563B $1.584B
YoY Change -9.87% -9.22%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $4.653M $5.651M
YoY Change -19.39% -0.6%
Depreciation, Depletion And Amortization $1.250M $1.150M
YoY Change -9.81% -17.74%
Cash From Operating Activities $580.0K $3.520M
YoY Change -92.55% 1157.14%
INVESTING ACTIVITIES
Capital Expenditures $370.0K $260.0K
YoY Change -310.23% -244.44%
Acquisitions
YoY Change
Other Investing Activities $4.990M -$18.58M
YoY Change -106.71% -78.89%
Cash From Investing Activities $4.620M -$18.84M
YoY Change -106.2% -78.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -16.75M 9.990M
YoY Change 339.06% -105.64%
NET CHANGE
Cash From Operating Activities 580.0K 3.520M
Cash From Investing Activities 4.620M -18.84M
Cash From Financing Activities -16.75M 9.990M
Net Change In Cash -11.55M -5.330M
YoY Change -83.64% -97.99%
FREE CASH FLOW
Cash From Operating Activities $580.0K $3.520M
Capital Expenditures $370.0K $260.0K
Free Cash Flow $210.0K $3.260M
YoY Change -97.36% 608.7%

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CY2023Q2 vabk Non Interest Expense Computer Software
NonInterestExpenseComputerSoftware
203000
CY2022Q2 vabk Non Interest Expense Computer Software
NonInterestExpenseComputerSoftware
357000
vabk Non Interest Expense Computer Software
NonInterestExpenseComputerSoftware
405000
vabk Non Interest Expense Computer Software
NonInterestExpenseComputerSoftware
620000
CY2023Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
806000
CY2022Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
699000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1548000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1437000
CY2023Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
220000
CY2022Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
125000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
320000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
351000
CY2023Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
275000
CY2022Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
259000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
650000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
526000
CY2023Q2 vabk Plastics Expense
PlasticsExpense
30000
CY2022Q2 vabk Plastics Expense
PlasticsExpense
92000
vabk Plastics Expense
PlasticsExpense
78000
vabk Plastics Expense
PlasticsExpense
231000
CY2023Q2 us-gaap Professional Fees
ProfessionalFees
198000
CY2022Q2 us-gaap Professional Fees
ProfessionalFees
404000
us-gaap Professional Fees
ProfessionalFees
390000
us-gaap Professional Fees
ProfessionalFees
741000
CY2023Q2 vabk Core Deposit Intangible Amortization
CoreDepositIntangibleAmortization
379000
CY2022Q2 vabk Core Deposit Intangible Amortization
CoreDepositIntangibleAmortization
427000
vabk Core Deposit Intangible Amortization
CoreDepositIntangibleAmortization
770000
vabk Core Deposit Intangible Amortization
CoreDepositIntangibleAmortization
866000
CY2023Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
973000
CY2022Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1153000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2012000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2324000
CY2023Q2 us-gaap Noninterest Expense
NoninterestExpense
8564000
CY2022Q2 us-gaap Noninterest Expense
NoninterestExpense
9442000
us-gaap Noninterest Expense
NoninterestExpense
17425000
us-gaap Noninterest Expense
NoninterestExpense
19537000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6923000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6882000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13999000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
12851000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1272000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1197000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2557000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2242000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
5651000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
5685000
us-gaap Net Income Loss
NetIncomeLoss
11442000
us-gaap Net Income Loss
NetIncomeLoss
10609000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.99
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.98
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5357873
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5326271
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5348040
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5319166
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5375073
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5347008
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5375545
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5345242
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
5651000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
5685000
us-gaap Net Income Loss
NetIncomeLoss
11442000
us-gaap Net Income Loss
NetIncomeLoss
10609000
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
831000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
766000
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
4308000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
9536000
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-3127000
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-16214000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2881000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-35879000
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
0
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
97000
vabk Othercomprehensiveincomelossreclassificationadjustmentfromrealizedgainlosscashflowhedgenetoftax
Othercomprehensiveincomelossreclassificationadjustmentfromrealizedgainlosscashflowhedgenetoftax
363000
CY2023Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
43000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-163000
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
9000
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
42000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
104000
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
160000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-37000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
395000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3127000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-16054000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2644000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-35484000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2524000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10369000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14086000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-24875000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
161987000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
41000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
93000
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.3
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1596000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
4924000
CY2022Q1 vabk Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Including Adjustment
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentIncludingAdjustment
-19430000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
146019000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
42000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
121000
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.3
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1597000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
5685000
CY2022Q2 vabk Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Including Adjustment
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentIncludingAdjustment
-16054000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
134216000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
133416000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
18000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
42000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
111000
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.33
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1762000
CY2023Q1 vabk Impact Of Adoption Of Current Expected Credit Losses
ImpactOfAdoptionOfCurrentExpectedCreditLosses
1890000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
5791000
CY2023Q1 vabk Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Including Adjustment
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentIncludingAdjustment
5771000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
141497000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
68000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
120000
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.33
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1770000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
5651000
CY2023Q2 vabk Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Including Adjustment
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentIncludingAdjustment
-3127000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
142439000
us-gaap Net Income Loss
NetIncomeLoss
11442000
us-gaap Net Income Loss
NetIncomeLoss
10609000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
13000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-69000
vabk Net Accretion Of Certain Acquisition Related Adjustments
NetAccretionOfCertainAcquisitionRelatedAdjustments
4671000
vabk Net Accretion Of Certain Acquisition Related Adjustments
NetAccretionOfCertainAcquisitionRelatedAdjustments
1023000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
770000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
900000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1117000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-539000
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-206000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
1113000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
513000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
457000
vabk Depreciation And Other Amortization
DepreciationAndOtherAmortization
1654000
vabk Depreciation And Other Amortization
DepreciationAndOtherAmortization
1921000
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
110000
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
83000
us-gaap Restricted Stock Expense
RestrictedStockExpense
231000
us-gaap Restricted Stock Expense
RestrictedStockExpense
214000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-344000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-94000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1648000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2032000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10117000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9666000
us-gaap Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
2301000
us-gaap Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
188000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
10000000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
216525000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
78930000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
12558000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
34282000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-101621000
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
6355000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
962000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6207000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
610000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
501000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
334000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
32808000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-102406000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-240112000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-185348000
vabk Increase Decrease In Certificate Of Deposit And Other Time Deposits
IncreaseDecreaseInCertificateOfDepositAndOtherTimeDeposits
109856000
vabk Increase Decrease In Certificate Of Deposit And Other Time Deposits
IncreaseDecreaseInCertificateOfDepositAndOtherTimeDeposits
-11892000
us-gaap Increase Decrease In Federal Funds Purchased
IncreaseDecreaseInFederalFundsPurchased
-20503000
vabk Net Increase Decrease In Other Borrowings
NetIncreaseDecreaseInOtherBorrowings
59666000
us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
479000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
18000
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
3532000
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
3193000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-53122000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-200433000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10197000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-293173000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
40136000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
508840000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
29939000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
215667000
us-gaap Interest Paid Net
InterestPaidNet
2705000
us-gaap Interest Paid Net
InterestPaidNet
1664000
us-gaap Income Taxes Paid
IncomeTaxesPaid
2134000
us-gaap Income Taxes Paid
IncomeTaxesPaid
1500000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
3852000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-45415000
vabk Unrealized Losses Gains On Interest Rate Swaps
UnrealizedLossesGainsOnInterestRateSwaps
499000
vabk Right Of Use Assets Obtained In Exchange For New Operating Lease Liabilities
RightOfUseAssetsObtainedInExchangeForNewOperatingLeaseLiabilities
540000
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;">Reclassifications:</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> If needed, certain previously reported amounts have been reclassified to conform to current period presentation. No such reclassifications were significant.</span></p>
CY2023Q2 us-gaap Financing Receivable Accrued Interest Before Allowance For Credit Loss
FinancingReceivableAccruedInterestBeforeAllowanceForCreditLoss
2900000
CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
532072000
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
58204000
CY2023Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
473868000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
600242000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
62056000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
538186000
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
471800000
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
288
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
58200000
CY2023Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
120136000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1526000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
351710000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
56678000
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
471846000
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
58204000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
364997000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
18596000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
171871000
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
43460000
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
536868000
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
62056000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
49900000
vabk Available For Sale Securities Pre Tax Loss
AvailableForSaleSecuritiesPreTaxLoss
206000
CY2022Q2 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2023Q2 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2023Q2 us-gaap Restricted Investments
RestrictedInvestments
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CY2022Q4 us-gaap Restricted Investments
RestrictedInvestments
5100000
CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
532072000
CY2023Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
473868000
CY2023Q2 us-gaap Interest Receivable
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CY2023Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
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CY2022Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
936415000
CY2023Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7863000
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5552000
CY2023Q2 us-gaap Loans And Leases Receivable Net Reported Amount
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CY2022Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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930863000
CY2023Q2 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
1800000
CY2022Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
1800000
CY2023Q2 vabk Accumulated Amortization Deferred Finance Costs Fees
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-1700000
CY2022Q4 vabk Accumulated Amortization Deferred Finance Costs Fees
AccumulatedAmortizationDeferredFinanceCostsFees
-755000
CY2023Q2 vabk Deposit Account Overdrafts
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58000
CY2022Q4 vabk Deposit Account Overdrafts
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CY2023Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
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CY2023Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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1185000
CY2023Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
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vabk Number Of Non Accrual Loans Required Allowance Of Credit Loss
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CY2023Q2 vabk Due To Collateral Value Shortfall
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CY2023Q2 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
705000
CY2023Q2 vabk Financing Receivable Nonaccrual Loans With Allowance
FinancingReceivableNonaccrualLoansWithAllowance
480000
CY2023Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
1185000
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
673000
us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications To From Nonaccretable Difference
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2193000
vabk Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Other Changes Net
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CY2022Q4 vabk Acquired Loans Purchased Credit Impaired
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32067000
CY2022Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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936415000
CY2022Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
705000
CY2022Q4 vabk Financing Receivable Number Of Contracts Modifications Recorded Investment
FinancingReceivableNumberOfContractsModificationsRecordedInvestment
49
CY2022Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1283000
CY2022Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
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CY2023Q2 vabk Financing Receivable Specific Reserve Nonaccrual Status
FinancingReceivableSpecificReserveNonaccrualStatus
19000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5552000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
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2491000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
142000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
106000
CY2023Q1 us-gaap Provision For Loan Losses Expensed
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CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7772000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
180000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
55000
CY2023Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
216000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7863000
CY2023Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
216000
CY2022Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-217000
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ProvisionForLoanLossesExpensed
-19000
us-gaap Provision For Loan Losses Expensed
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CY2023Q2 us-gaap Provision For Other Losses
ProvisionForOtherLosses
45000
us-gaap Provision For Other Losses
ProvisionForOtherLosses
32000
CY2023Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
261000
CY2022Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-217000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
13000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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vabk Financing Receivable Allowance For Credit Losses Write Offs Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
17000
vabk Financing Receivable Allowance For Credit Losses Write Offs Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
1000
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FinancingReceivableAllowanceForCreditLossesWriteOffsYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
27000
vabk Financing Receivable Allowance For Credit Losses Write Offs Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
273000
vabk Financing Receivable Allowance For Credit Losses Write Offs Revolving Loans
FinancingReceivableAllowanceForCreditLossesWriteOffsRevolvingLoans
4000
vabk Financing Receivable Allowance For Current Gross Credit Losses Write Offs
FinancingReceivableAllowanceForCurrentGrossCreditLossesWriteOffs
322000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5984000
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1255000
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
717000
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
106000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5552000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
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CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
5529000
CY2022Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
1283000
CY2022Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
903065000
CY2022Q4 vabk Acquired Loans Purchased Credit Impaired
AcquiredLoansPurchasedCreditImpaired
32067000
CY2022Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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936415000
CY2022Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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936415000
CY2023Q2 us-gaap Goodwill
Goodwill
7800000
CY2022Q4 us-gaap Goodwill
Goodwill
7800000
CY2022Q2 us-gaap Goodwill
Goodwill
8100000
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
372000
CY2023Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
5800000
CY2022Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
6600000
CY2022Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
7600000
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
9660000
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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FiniteLivedIntangibleAssetsAccumulatedAmortization
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FiniteLivedIntangibleAssetsGross
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CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
379000
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
444000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
770000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
900000
CY2023Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P12M
us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
6301000
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
6925000
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6634000
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7343000
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10D
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M2D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0207
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0197
CY2023Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
395000
CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
449000
us-gaap Operating Lease Expense
OperatingLeaseExpense
906000
us-gaap Operating Lease Expense
OperatingLeaseExpense
894000
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
81000
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
139000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
204000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
191000
CY2023Q2 us-gaap Lease Cost
LeaseCost
476000
CY2022Q2 us-gaap Lease Cost
LeaseCost
588000
us-gaap Lease Cost
LeaseCost
1110000
us-gaap Lease Cost
LeaseCost
1085000
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
336000
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
418000
us-gaap Operating Lease Payments
OperatingLeasePayments
848000
us-gaap Operating Lease Payments
OperatingLeasePayments
832000
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2.13
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5345242
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
694000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1332000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1248000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
907000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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811000
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LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
1665000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6657000
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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356000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
6301000
CY2023Q2 us-gaap Net Income Loss
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5651000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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5357873
CY2023Q2 us-gaap Earnings Per Share Basic
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CY2022Q2 us-gaap Net Income Loss
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5685000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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5326271
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17200
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2022Q2 vabk Dilutive Securities Effect On Basic Earnings Per Share Stock Options Per Share Amount
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0.01
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CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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5375073
CY2023Q2 us-gaap Earnings Per Share Diluted
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1.05
CY2022Q2 us-gaap Net Income Loss
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5685000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5347008
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.06
us-gaap Net Income Loss
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WeightedAverageNumberOfSharesOutstandingBasic
5348040
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.14
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WeightedAverageNumberOfSharesOutstandingBasic
5319166
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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us-gaap Net Income Loss
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.98
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ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
170501
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SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P6Y4M24D
CY2023Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
34.14
CY2023Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
109616
CY2023Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
36.72
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
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CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2022Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
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NumberOfReportableSegments
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us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2023Q2 us-gaap Provision For Loan Lease And Other Losses
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CY2023Q2 us-gaap Noninterest Income
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CY2023Q2 us-gaap Noninterest Expense
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CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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6923000
CY2023Q2 us-gaap Income Tax Expense Benefit
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1272000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
5651000
us-gaap Interest Income Expense Net
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us-gaap Provision For Loan Lease And Other Losses
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us-gaap Noninterest Income
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us-gaap Noninterest Expense
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17425000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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13999000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2557000
us-gaap Net Income Loss
NetIncomeLoss
11442000
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
12461000
CY2022Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-217000
CY2022Q2 us-gaap Noninterest Income
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3646000
CY2022Q2 us-gaap Noninterest Expense
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CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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6882000
CY2022Q2 us-gaap Income Tax Expense Benefit
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1197000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Interest Income Expense Net
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us-gaap Noninterest Income
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us-gaap Noninterest Expense
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19537000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
12851000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2242000
us-gaap Net Income Loss
NetIncomeLoss
10609000

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