2016 Q2 Form 10-Q Financial Statement
#000120677416005958 Filed on May 16, 2016
Income Statement
Concept | 2016 Q2 | 2016 Q1 | 2015 Q4 |
---|---|---|---|
Revenue | $4.753M | ||
YoY Change | 18.5% | ||
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 | $310.0K | $310.0K | $280.0K |
YoY Change | 6.9% | 3.33% | -3.45% |
% of Gross Profit | |||
Operating Expenses | |||
YoY Change | |||
Operating Profit | |||
YoY Change | |||
Interest Expense | $239.0K | ||
YoY Change | 1.27% | ||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $2.200M | $1.961M | $1.570M |
YoY Change | 107.94% | 274.24% | 109.33% |
Income Tax | $690.0K | $606.0K | $470.0K |
% Of Pretax Income | 31.36% | 30.9% | 29.94% |
Net Earnings | $1.510M | $1.355M | $1.100M |
YoY Change | 96.87% | 226.51% | 92.98% |
Net Earnings / Revenue | 28.51% | ||
Basic Earnings Per Share | $0.57 | ||
Diluted Earnings Per Share | $606.4K | $0.57 | $428.0K |
COMMON SHARES | |||
Basic Shares Outstanding | 2.359M shares | 2.383M shares | 2.436M shares |
Diluted Shares Outstanding | 2.397M shares |
Balance Sheet
Concept | 2016 Q2 | 2016 Q1 | 2015 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $106.8M | $120.0M | |
YoY Change | -39.23% | ||
Cash & Equivalents | $33.64M | $43.53M | |
Short-Term Investments | $73.14M | $76.48M | |
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | |||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $8.300M | $8.445M | $8.668M |
YoY Change | -9.17% | -9.19% | -8.42% |
Goodwill | $372.0K | ||
YoY Change | |||
Intangibles | $756.0K | $0.00 | |
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | |||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | |||
Total Long-Term Assets | |||
Total Assets | $545.7M | $555.8M | $567.5M |
YoY Change | 2.88% | 2.19% | 5.67% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.500M | $2.000M | $1.600M |
YoY Change | 15.38% | 66.67% | -5.88% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $15.70M | $18.50M | $23.20M |
YoY Change | -2.48% | -5.13% | 28.89% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.500M | $2.000M | $1.600M |
YoY Change | 15.38% | 66.67% | -5.88% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.500M | $2.000M | $1.600M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $487.6M | $499.3M | $511.2M |
YoY Change | 2.6% | 3.51% | 7.3% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $29.29M | $28.17M | |
YoY Change | 11.82% | 8.44% | |
Common Stock | $5.897M | $6.031M | |
YoY Change | -12.27% | -10.27% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $58.10M | $56.58M | $56.30M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $545.7M | $555.8M | $567.5M |
YoY Change | 2.88% | 2.19% | 5.67% |
Cashflow Statement
Concept | 2016 Q2 | 2016 Q1 | 2015 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $1.510M | $1.355M | $1.100M |
YoY Change | 96.87% | 226.51% | 92.98% |
Depreciation, Depletion And Amortization | $310.0K | $310.0K | $280.0K |
YoY Change | 6.9% | 3.33% | -3.45% |
Cash From Operating Activities | $830.0K | $1.800M | $1.470M |
YoY Change | -20.95% | 26.85% | 31.25% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$150.0K | $92.00K | -$80.00K |
YoY Change | 66.67% | -44.58% | -68.0% |
Acquisitions | $700.0K | ||
YoY Change | |||
Other Investing Activities | $2.190M | $2.190M | $6.870M |
YoY Change | -67.22% | -105.56% | -130.07% |
Cash From Investing Activities | $2.040M | $2.100M | $6.780M |
YoY Change | -69.0% | -105.3% | -129.35% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $1.260M | ||
YoY Change | 6900.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -11.39M | -13.79M | 17.81M |
YoY Change | -14.3% | -320.71% | -35.63% |
NET CHANGE | |||
Cash From Operating Activities | 830.0K | 1.800M | 1.470M |
Cash From Investing Activities | 2.040M | 2.100M | 6.780M |
Cash From Financing Activities | -11.39M | -13.79M | 17.81M |
Net Change In Cash | -8.520M | -9.890M | 26.06M |
YoY Change | 50.53% | -69.02% | 358.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | $830.0K | $1.800M | $1.470M |
Capital Expenditures | -$150.0K | $92.00K | -$80.00K |
Free Cash Flow | $980.0K | $1.708M | $1.550M |
YoY Change | -14.04% | 36.31% | 13.14% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2016Q1 | us-gaap |
Liabilities And Stockholders Equity
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Loans And Leases Receivable Gross Carrying Amount
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Loans And Leases Receivable Gross Carrying Amount
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Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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Loans And Leases Receivable Allowance
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Loans And Leases Receivable Net Reported Amount
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Noninterest Bearing Deposit Liabilities
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Restricted Investments
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Restricted Investments
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Marketable Securities
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Marketable Securities
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Noninterest Bearing Deposit Liabilities
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Cash And Due From Banks
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Bank Owned Life Insurance
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Deposits
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Securities Sold Under Agreements To Repurchase
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Securities Sold Under Agreements To Repurchase
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1951000 | USD |
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Accounts Payable And Accrued Liabilities Current And Noncurrent
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Liabilities
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Preferred Stock Par Or Stated Value Per Share
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Preferred Stock Par Or Stated Value Per Share
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Preferred Stock Shares Authorized
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Preferred Stock Shares Outstanding
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Preferred Stock Value
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Common Stock Par Or Stated Value Per Share
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Common Stock Shares Authorized
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Common Stock Shares Authorized
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Common Stock Shares Issued
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Common Stock Shares Outstanding
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Common Stock Shares Issued
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Common Stock Value
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Common Stock Value
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Retained Earnings Accumulated Deficit
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Retained Earnings Accumulated Deficit
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Labor And Related Expense
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Stockholders Equity
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Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
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12000 | USD |
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388000 | USD |
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198000 | USD |
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180000 | USD |
CY2016Q1 | us-gaap |
Bank Owned Life Insurance Income
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109000 | USD |
CY2015Q1 | us-gaap |
Bank Owned Life Insurance Income
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108000 | USD |
CY2016Q1 | us-gaap |
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8000 | USD |
CY2015Q1 | us-gaap |
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22000 | USD |
CY2016Q1 | us-gaap |
Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
|
48000 | USD |
CY2015Q1 | us-gaap |
Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
|
37000 | USD |
CY2016Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1918000 | USD |
CY2016Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
3797000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1355000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
3000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
7000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
5000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
15000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
394000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
723000 | USD |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1749000 | USD |
CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1138000 | USD |
CY2015Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
23000 | USD |
CY2015Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
9000 | USD |
CY2015Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.075 | |
CY2015Q1 | us-gaap |
Dividends
Dividends
|
201000 | USD |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
61583000 | USD |
CY2016Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
22000 | USD |
CY2016Q1 | vabk |
Adjustments To Additional Paid In Capital Stock Repurchased During Period Value
AdjustmentsToAdditionalPaidInCapitalStockRepurchasedDuringPeriodValue
|
1260000 | USD |
CY2016Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
7000 | USD |
CY2016Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.10 | |
CY2016Q1 | us-gaap |
Dividends
Dividends
|
236000 | USD |
CY2016Q1 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
-120000 | USD |
CY2015Q1 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
317000 | USD |
CY2016Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-117000 | USD |
CY2015Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-196000 | USD |
CY2015Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
USD | |
CY2016Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
290000 | USD |
CY2015Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
296000 | USD |
CY2016Q1 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
7000 | USD |
CY2015Q1 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
9000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-315000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-845000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-85000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-529000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1804000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1419000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
6982000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
26770000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
|
27000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
|
21000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
8804000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
11533000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
2030000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
3302000 | USD |
CY2016Q1 | us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
4709000 | USD |
CY2015Q1 | us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
15228000 | USD |
CY2016Q1 | vabk |
Payments For Proceeds From Purchased Loans
PaymentsForProceedsFromPurchasedLoans
|
-3778000 | USD |
CY2015Q1 | vabk |
Payments For Proceeds From Purchased Loans
PaymentsForProceedsFromPurchasedLoans
|
12240000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
92000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
166000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
2102000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-39590000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Deposits
IncreaseDecreaseInDeposits
|
-14907000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Deposits
IncreaseDecreaseInDeposits
|
8332000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
|
7233000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
|
-3407000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
-4637000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
1519000 | USD |
CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1260000 | USD |
CY2015Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
18000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
22000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
23000 | USD |
CY2016Q1 | us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
241000 | USD |
CY2015Q1 | us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
201000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-13790000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
6248000 | USD |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-9884000 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-31923000 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
43527000 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
54107000 | USD |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
33643000 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
22184000 | USD |
CY2016Q1 | us-gaap |
Interest Paid
InterestPaid
|
235000 | USD |
CY2015Q1 | us-gaap |
Interest Paid
InterestPaid
|
243000 | USD |
CY2016Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
454000 | USD |
CY2015Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
309000 | USD |
CY2016Q1 | us-gaap |
Available For Sale Securities Change In Net Unrealized Holding Gain Loss
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss
|
596000 | USD |
CY2015Q1 | us-gaap |
Available For Sale Securities Change In Net Unrealized Holding Gain Loss
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss
|
1096000 | USD |
CY2016Q1 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
71018000 | USD |
CY2016Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
609000 | USD |
CY2016Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
191000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
74979000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
447000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
625000 | USD |
CY2016Q1 | us-gaap |
Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
|
38900000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
2000000 | USD |
CY2015Q1 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
18000 | USD |
CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
13445000 | USD |
CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
39000 | USD |
CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
11833000 | USD |
CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
152000 | USD |
CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
25278000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
29755000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
306000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
12392000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
319000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
42147000 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
625000 | USD |
CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
191000 | USD |
CY2016Q1 | us-gaap |
Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
|
USD | |
CY2016Q1 | us-gaap |
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
|
USD | |
CY2016Q1 | vabk |
Impaired Financing Receivable With Related Allowance Related Allowance
ImpairedFinancingReceivableWithRelatedAllowanceRelatedAllowance
|
USD | |
CY2016Q1 | us-gaap |
Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
|
USD | |
CY2016Q1 | us-gaap |
Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
|
USD | |
CY2016Q1 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
1597000 | USD |
CY2016Q1 | us-gaap |
Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
|
1670000 | USD |
CY2016Q1 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
USD | |
CY2016Q1 | us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
1604000 | USD |
CY2016Q1 | us-gaap |
Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
|
15000 | USD |
CY2015Q4 | us-gaap |
Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
|
USD | |
CY2015Q4 | us-gaap |
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
|
USD | |
CY2015Q4 | vabk |
Impaired Financing Receivable With Related Allowance Related Allowance
ImpairedFinancingReceivableWithRelatedAllowanceRelatedAllowance
|
USD | |
CY2015 | us-gaap |
Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
|
USD | |
CY2015 | us-gaap |
Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
|
USD | |
CY2015Q4 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
1619000 | USD |
CY2015Q4 | us-gaap |
Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
|
1688000 | USD |
CY2015Q4 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
USD | |
CY2015 | us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
1833000 | USD |
CY2015 | us-gaap |
Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
|
70000 | USD |
CY2016Q1 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
185000 | USD |
CY2015Q4 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
191000 | USD |
CY2016Q1 | vabk |
Financing Receivable Number Of Contracts Modifications Recorded Investment
FinancingReceivableNumberOfContractsModificationsRecordedInvestment
|
4 | pure |
CY2016Q1 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
1445000 | USD |
CY2015Q4 | vabk |
Financing Receivable Number Of Contracts Modifications Recorded Investment
FinancingReceivableNumberOfContractsModificationsRecordedInvestment
|
4 | pure |
CY2015Q4 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
1461000 | USD |
CY2015Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
3567000 | USD |
CY2016Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
12000 | USD |
CY2016Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
|
5000 | USD |
CY2016Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
3440000 | USD |
CY2016Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
|
USD | |
CY2016Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
|
3440000 | USD |
CY2016Q1 | us-gaap |
Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
|
1597000 | USD |
CY2016Q1 | us-gaap |
Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
|
422991000 | USD |
CY2014Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
3164000 | USD |
CY2015 | us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
141000 | USD |
CY2015 | us-gaap |
Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
|
81000 | USD |
CY2015 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
463000 | USD |
CY2015Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
|
USD | |
CY2015Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
|
3567000 | USD |
CY2015Q4 | us-gaap |
Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
|
1619000 | USD |
CY2015Q4 | us-gaap |
Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
|
422045000 | USD |
CY2016Q1 | us-gaap |
Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
|
870000 | USD |
CY2016Q1 | us-gaap |
Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
|
423718000 | USD |
CY2016Q1 | us-gaap |
Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
|
74000 | USD |
CY2015Q4 | us-gaap |
Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
|
1323000 | USD |
CY2015Q4 | us-gaap |
Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
|
422341000 | USD |
CY2015Q4 | us-gaap |
Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
|
USD | |
CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
14088 | shares |
CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
9664 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2397039 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2698064 | shares |
CY2016Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
29000 | USD |
CY2014Q3 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
400000 | shares |
CY2016Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
343559 | shares |
CY2016Q1 | vabk |
Weighted Average Share Price During Period
WeightedAverageSharePriceDuringPeriod
|
22.89 | |
CY2016Q1 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
56441 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2382951 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2688400 | shares |
CY2016Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
133043 | shares |
CY2016Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P2Y4M24D | |
CY2016Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
24.48 | |
CY2016Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
129293 | shares |
CY2016Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
24.69 | |
CY2016Q1 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
71436000 | USD |
CY2015Q4 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
74801000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
8000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
22000 | USD |
CY2016Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-25000 | USD |
CY2016Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | pure |
CY2016Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2016Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
2358777 | shares |
CY2016Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | |
CY2016Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2016Q1 | us-gaap |
Goodwill
Goodwill
|
372000 | USD |
CY2016Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
756000 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
USD | |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
USD | |
CY2015Q1 | us-gaap |
Assets
Assets
|
543919000 | USD |
CY2016Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Virginia National Bankshares Corp | |
CY2016Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001572334 | |
CY2016Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2016Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-03-31 | |
CY2016Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2016Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2015Q1 | vabk |
Adjustments To Additional Paid In Capital Stock Repurchased During Period Value
AdjustmentsToAdditionalPaidInCapitalStockRepurchasedDuringPeriodValue
|
18000 | USD |
CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
773000 | USD |
CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
17000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
5400000 | USD |
CY2015Q1 | vabk |
Additional Marketable Securities Realized Gain Loss
AdditionalMarketableSecuritiesRealizedGainLoss
|
4000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
700000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
USD | |
CY2016Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
17000 | USD |
CY2015Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
USD | |
CY2016Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2016Q1 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
445000 | USD |