2020 Q4 Form 10-K Financial Statement

#000156459021014343 Filed on March 19, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 2019 Q4
Revenue $27.23M
YoY Change 3.94%
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 $490.0K $1.900M $310.0K
YoY Change 58.06% 72.73% 3.33%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.351M
YoY Change -21.58%
% of Operating Profit
Other Income/Expense, Net $4.848M
YoY Change 3.48%
Pretax Income $3.400M $10.04M $1.780M
YoY Change 91.01% 22.24% -14.83%
Income Tax $780.0K $2.065M $350.0K
% Of Pretax Income 22.94% 20.56% 19.66%
Net Earnings $2.620M $7.978M $1.430M
YoY Change 83.22% 19.27% -14.88%
Net Earnings / Revenue 29.3%
Basic Earnings Per Share $2.95
Diluted Earnings Per Share $966.8K $2.95 $531.6K
COMMON SHARES
Basic Shares Outstanding 2.708M
Diluted Shares Outstanding 2.709M

Balance Sheet

Concept 2020 Q4 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $211.8M $134.8M
YoY Change 57.1% 64.5%
Cash & Equivalents $34.70M $19.09M
Short-Term Investments $177.1M $115.7M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $5.238M $8.800M $6.145M
YoY Change -14.76% -9.28% -12.74%
Goodwill $372.0K $372.0K
YoY Change 0.0% 0.0%
Intangibles $341.0K $408.0K
YoY Change -16.42% -14.47%
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 $848.4M $848.4M $702.6M
YoY Change 20.75% 20.75% 8.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.500M $1.500M $1.700M
YoY Change -11.76% -11.76% 13.33%
Accrued Expenses $3.500M $3.500M $3.600M
YoY Change -2.78% -2.78%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.000M $5.000M $5.300M
YoY Change -5.66% -5.66% 253.33%
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 $5.000M $5.000M $5.300M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $765.8M $765.8M $626.5M
YoY Change 22.23% 22.23% 9.14%
SHAREHOLDERS EQUITY
Retained Earnings $41.96M $37.24M
YoY Change 12.69% -3.65%
Common Stock $6.722M $6.720M
YoY Change 0.03% 5.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $82.60M $82.60M $76.11M
YoY Change
Total Liabilities & Shareholders Equity $848.4M $848.4M $702.6M
YoY Change 20.75% 20.75% 8.97%

Cashflow Statement

Concept 2020 Q4 2020 2019 Q4
OPERATING ACTIVITIES
Net Income $2.620M $7.978M $1.430M
YoY Change 83.22% 19.27% -14.88%
Depreciation, Depletion And Amortization $490.0K $1.900M $310.0K
YoY Change 58.06% 72.73% 3.33%
Cash From Operating Activities $2.590M $9.253M $4.750M
YoY Change -45.47% -1.0% 66.08%
INVESTING ACTIVITIES
Capital Expenditures -$70.00K $199.0K -$70.00K
YoY Change 0.0% 5.29% -41.67%
Acquisitions $50.00K
YoY Change 0.0%
Other Investing Activities -$4.940M -$129.8M -$54.41M
YoY Change -90.92% 137.72% 523.97%
Cash From Investing Activities -$5.000M -$129.9M -$54.48M
YoY Change -90.82% 137.28% 517.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.43M 136.3M 40.96M
YoY Change -37.92% 198.71% 154.88%
NET CHANGE
Cash From Operating Activities 2.590M 9.253M 4.750M
Cash From Investing Activities -5.000M -129.9M -54.48M
Cash From Financing Activities 25.43M 136.3M 40.96M
Net Change In Cash 23.02M 15.61M -8.770M
YoY Change -362.49% 7298.1% -186.75%
FREE CASH FLOW
Cash From Operating Activities $2.590M $9.253M $4.750M
Capital Expenditures -$70.00K $199.0K -$70.00K
Free Cash Flow $2.660M $9.054M $4.820M
YoY Change -44.81% -1.12% 61.74%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020 us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilities
CY2019Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilities
CY2020Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssets
CY2019Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssets
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2020 dei Document Annual Report
DocumentAnnualReport
true
CY2020 dei Document Transition Report
DocumentTransitionReport
false
CY2020 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2020Q2 dei Entity Public Float
EntityPublicFloat
54400000
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2692005
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
4000
CY2019 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
21924000
CY2019 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1375000
CY2019 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
290000
CY2019 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
24180000
CY2019 us-gaap Dividend Income Operating
DividendIncomeOperating
110000
CY2019 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
26197000
CY2019 vabk Interest Expense Demand And Savings Deposits
InterestExpenseDemandAndSavingsDeposits
2038000
CY2019 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
2146000
CY2019 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
89000
CY2019 us-gaap Interest Expense
InterestExpense
4273000
CY2019 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
20549000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
6689000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
6689000
CY2020Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
30000000
CY2019 vabk Fiduciary Income
FiduciaryIncome
1267000
CY2020 vabk Fiduciary Income
FiduciaryIncome
722000
CY2020 vabk Investment Management Income
InvestmentManagementIncome
411000
CY2019 vabk Investment Management Income
InvestmentManagementIncome
431000
CY2020 vabk Advisory And Brokerage Income
AdvisoryAndBrokerageIncome
700000
CY2019 vabk Advisory And Brokerage Income
AdvisoryAndBrokerageIncome
605000
CY2020 vabk Royalty Income
RoyaltyIncome
103000
CY2019 vabk Royalty Income
RoyaltyIncome
17000
CY2020 vabk Customer Service Fee Income
CustomerServiceFeeIncome
651000
CY2019 vabk Customer Service Fee Income
CustomerServiceFeeIncome
766000
CY2020 vabk Debit Credit Card And Atm Fee Income
DebitCreditCardAndATMFeeIncome
612000
CY2019 vabk Debit Credit Card And Atm Fee Income
DebitCreditCardAndATMFeeIncome
723000
CY2020 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
437000
CY2019 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
798000
CY2020 vabk Fees On Mortgage Sales
FeesOnMortgageSales
77000
CY2019 vabk Fees On Mortgage Sales
FeesOnMortgageSales
189000
CY2020 vabk Marketable Securities Realized Gain Loss On Sales And Calls
MarketableSecuritiesRealizedGainLossOnSalesAndCalls
743000
CY2019 vabk Marketable Securities Realized Gain Loss On Sales And Calls
MarketableSecuritiesRealizedGainLossOnSalesAndCalls
74000
CY2020 vabk Loan Swap Fee Income
LoanSwapFeeIncome
1313000
CY2019 vabk Loan Swap Fee Income
LoanSwapFeeIncome
214000
CY2020 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
796000
CY2019 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
467000
CY2020 us-gaap Noninterest Income
NoninterestIncome
6565000
CY2019 us-gaap Noninterest Income
NoninterestIncome
5551000
CY2020 us-gaap Labor And Related Expense
LaborAndRelatedExpense
9466000
CY2019 us-gaap Labor And Related Expense
LaborAndRelatedExpense
9249000
CY2020 us-gaap Occupancy Net
OccupancyNet
1908000
CY2019 us-gaap Occupancy Net
OccupancyNet
1824000
CY2020 us-gaap Equipment Expense
EquipmentExpense
463000
CY2019 us-gaap Equipment Expense
EquipmentExpense
430000
CY2020 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1106000
CY2019 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1236000
CY2020 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
988000
CY2019 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
460000
CY2020 us-gaap Other Noninterest Expense
OtherNoninterestExpense
4848000
CY2019 us-gaap Other Noninterest Expense
OtherNoninterestExpense
4685000
CY2020 us-gaap Noninterest Expense
NoninterestExpense
18779000
CY2019 us-gaap Noninterest Expense
NoninterestExpense
17884000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10043000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8216000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2065000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1527000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
7978000
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.94
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.49
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.94
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.49
CY2020 us-gaap Net Income Loss
NetIncomeLoss
7978000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
6689000
CY2019 vabk Marketable Securities Realized Gain Loss On Sales And Calls
MarketableSecuritiesRealizedGainLossOnSalesAndCalls
74000
CY2020 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
437000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1503000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1234000
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
555000
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
345000
CY2020 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2090000
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1292000
CY2020 vabk Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sales And Calls Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSalesAndCallsOfSecuritiesTax
156000
CY2019 vabk Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sales And Calls Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSalesAndCallsOfSecuritiesTax
16000
CY2020 vabk Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sales And Calls Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSalesAndCallsOfSecuritiesNetOfTax
587000
CY2019 vabk Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sales And Calls Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSalesAndCallsOfSecuritiesNetOfTax
58000
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
9481000
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7923000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
70742000
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
102000
CY2019 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
97000
CY2019 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
12000
CY2019 vabk Adjustments To Additional Paid In Capital Unrestricted Stock Grants
AdjustmentsToAdditionalPaidInCapitalUnrestrictedStockGrants
425000
CY2019 vabk Adjustments To Additional Paid In Capital Cash In Lieu Of Fractional Shares
AdjustmentsToAdditionalPaidInCapitalCashInLieuOfFractionalShares
5000
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.20
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3189000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
6689000
CY2019 vabk Stock Dividend Percentage On Dividend Distribution
StockDividendPercentageOnDividendDistribution
0.05
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1234000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
76107000
CY2020 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
124000
CY2020 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
140000
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.20
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3254000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
7978000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1503000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
82598000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
7978000
CY2020 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1622000
CY2019 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1375000
CY2020 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-724000
CY2019 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-291000
CY2020 vabk Marketable Securities Realized Gain Loss On Sales And Calls
MarketableSecuritiesRealizedGainLossOnSalesAndCalls
743000
CY2019 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
798000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
90000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
83000
CY2020 vabk Depreciation And Other Amortization
DepreciationAndOtherAmortization
1866000
CY2019 vabk Depreciation And Other Amortization
DepreciationAndOtherAmortization
1114000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-214000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
91000
CY2020 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
124000
CY2019 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
97000
CY2020 us-gaap Restricted Stock Expense
RestrictedStockExpense
140000
CY2019 us-gaap Restricted Stock Expense
RestrictedStockExpense
437000
CY2020 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
946000
CY2019 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-545000
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-951000
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-504000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9253000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9346000
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
167357000
CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
79747000
CY2020 us-gaap Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
1327000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
39740000
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
7378000
CY2020 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
119729000
CY2019 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
47931000
CY2020 vabk Increase Decrease In Certificate Of Deposit And Other Time Deposits
IncreaseDecreaseInCertificateOfDepositAndOtherTimeDeposits
-10176000
CY2019 vabk Increase Decrease In Certificate Of Deposit And Other Time Deposits
IncreaseDecreaseInCertificateOfDepositAndOtherTimeDeposits
747000
CY2020 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
30000000
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
102000
CY2019 vabk Cash Payment For Stock Dividend Fractional Shares
CashPaymentForStockDividendFractionalShares
5000
CY2020 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
3248000
CY2019 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
3144000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
136305000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
45631000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
15610000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
211000
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
69494000
CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
21065000
CY2020 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
96518000
CY2019 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-600000
CY2020 vabk Payments For Proceeds From Purchased Loans
PaymentsForProceedsFromPurchasedLoans
-26269000
CY2019 vabk Payments For Proceeds From Purchased Loans
PaymentsForProceedsFromPurchasedLoans
4999000
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
50000
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
50000
CY2019 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1176000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
199000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
189000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-129948000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-54766000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19085000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18874000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
34695000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19085000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
3487000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
4221000
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
2750000
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
1925000
CY2020 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
1902000
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
1563000
CY2020 vabk Right Of Use Assets Obtained In Exchange For New Operating Lease Liabilities
RightOfUseAssetsObtainedInExchangeForNewOperatingLeaseLiabilities
711000
CY2019 vabk Right Of Use Assets Obtained In Exchange For New Operating Lease Liabilities
RightOfUseAssetsObtainedInExchangeForNewOperatingLeaseLiabilities
4279000
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
2.50
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
2.50
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:6pt;text-align:justify;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Arial;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of estimates –<span style="font-weight:normal;"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses (including impaired loans), other-than-temporary impairment of securities, intangible assets, income taxes, and fair value measurements.</span></p>
CY2019Q3 vabk Dividends Paid In Kind Percentage
DividendsPaidInKindPercentage
0.05
CY2020Q4 us-gaap Restricted Investments
RestrictedInvestments
3000000.0
CY2019Q4 us-gaap Restricted Investments
RestrictedInvestments
1700000
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2020 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;">Reclassifications –<span style="font-weight:normal;"> Certain reclassifications have been made to the prior year financial statements to conform to current year presentation. The results of the reclassifications are not considered material.</span></p>
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
172237000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2350000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
501000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
174086000
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
114095000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
358000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
412000
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
114041000
CY2020Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
0
CY2019Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
0
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
65322000
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
501000
CY2020 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
69500000
CY2020 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
742000
CY2019 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
21100000
CY2019 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
71000
CY2019Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
5000000.0
CY2020Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
6000000.0
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
65322000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
54940000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
321000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
9711000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
91000
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
64651000
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
412000
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
65300000
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
37
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
501000
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
0
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
172237000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
174086000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
609406000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
539533000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5455000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4209000
CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
603951000
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
535324000
CY2020Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
1800000
CY2019Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
2500000
CY2020Q4 vabk Accumulated Amortization Deferred Finance Costs Fees
AccumulatedAmortizationDeferredFinanceCostsFees
-931000
CY2019Q4 vabk Accumulated Amortization Deferred Finance Costs Fees
AccumulatedAmortizationDeferredFinanceCostsFees
100000
CY2020 vabk Commerical And Industrial Loan Guarantee
CommericalAndIndustrialLoanGuarantee
1
CY2020Q4 vabk Deposit Account Overdrafts
DepositAccountOverdrafts
169000
CY2019Q4 vabk Deposit Account Overdrafts
DepositAccountOverdrafts
197000
CY2019Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
20300000
CY2018Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
21404000
CY2020 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
9308000
CY2019 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
225000
CY2020 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
10538000
CY2019 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
1329000
CY2020Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
19070000
CY2019Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
20300000
CY2020 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
991000
CY2020 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
54000
CY2020Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
1273000
CY2020Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
1320000
CY2020Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
4000
CY2020 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
2136000
CY2020 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
124000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
1295000
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
1340000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
8000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
299000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
2648000
CY2020Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
606758000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
609406000
CY2020Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
137000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
3610000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
535923000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
539533000
CY2019Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
771000
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
117000
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
164000
CY2019 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
1112000
CY2019 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
70000
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
2479000
CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
2524000
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
21000
CY2019 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
2661000
CY2019 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
156000
CY2020Q4 vabk Financing Receivable Number Of Contracts Modifications Recorded Investment
FinancingReceivableNumberOfContractsModificationsRecordedInvestment
77
CY2020Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1273000
CY2019Q4 vabk Financing Receivable Number Of Contracts Modifications Recorded Investment
FinancingReceivableNumberOfContractsModificationsRecordedInvestment
70
CY2019Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
2193000
CY2020 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
17
CY2020 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
180000
CY2020 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
180000
CY2019 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
22
CY2019 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
230000
CY2019 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
230000
CY2020Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
1273000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4209000
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4891000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
805000
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2259000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
429000
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
202000
CY2020 vabk Financing Receivable Allowance For Credit Losses Net Charge Offs
FinancingReceivableAllowanceForCreditLossesNetChargeOffs
376000
CY2019 vabk Financing Receivable Allowance For Credit Losses Net Charge Offs
FinancingReceivableAllowanceForCreditLossesNetChargeOffs
2057000
CY2020 vabk Provision For Recovery Of Loan Lease And Other Losses
ProvisionForRecoveryOfLoanLeaseAndOtherLosses
1622000
CY2019 vabk Provision For Recovery Of Loan Lease And Other Losses
ProvisionForRecoveryOfLoanLeaseAndOtherLosses
1375000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5455000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4209000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
609406000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
539533000
CY2020Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
1300000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
4000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4209000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
805000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
429000
CY2020 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1622000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5455000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
4000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
5451000
CY2020Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
608133000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
609406000
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4891000
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2259000
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
202000
CY2019 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1375000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4209000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
21000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
4188000
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
2479000
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
537054000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
539533000
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
571000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
25449000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
25250000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20211000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
19105000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5238000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6145000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1900000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1100000
CY2019Q1 vabk Operating Lease Right Of Use Asset Liability
OperatingLeaseRightOfUseAssetLiability
4300000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3589000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3604000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3527000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3576000
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M28D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0283
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
90000
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
815000
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
137000
CY2019 us-gaap Lease Cost
LeaseCost
952000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
788000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
877000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
839000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
753000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
544000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
429000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
372000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3814000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
225000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3589000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
341000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
773000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
432000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
341000
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0
CY2020Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
81568000
CY2020Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
12500000
CY2020Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
2717000
CY2020Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
914000
CY2020Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
1403000
CY2020Q4 us-gaap Time Deposits
TimeDeposits
99102000
CY2020Q4 vabk Time Deposits250000 Or More
TimeDeposits250000OrMore
34700000
CY2019Q4 vabk Time Deposits250000 Or More
TimeDeposits250000OrMore
38400000
CY2020Q4 vabk Reciprocal Deposits
ReciprocalDeposits
8500000
CY2019Q4 vabk Reciprocal Deposits
ReciprocalDeposits
13700000
CY2020Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
0
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
0
CY2020Q4 vabk Deposit Account Overdrafts
DepositAccountOverdrafts
169000
CY2019Q4 vabk Deposit Account Overdrafts
DepositAccountOverdrafts
197000
CY2020Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
8100000
CY2019Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
15400000
CY2020Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
30000000
CY2020Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
30000000
CY2020Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
30000000
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
30000000
CY2020 vabk Borrowings Maximum Amount At Any Month End
BorrowingsMaximumAmountAtAnyMonthEnd
40000000
CY2019 vabk Borrowings Maximum Amount At Any Month End
BorrowingsMaximumAmountAtAnyMonthEnd
16364000
CY2020 vabk Borrowings Annual Average Balance Outstanding
BorrowingsAnnualAverageBalanceOutstanding
15419000
CY2019 vabk Borrowings Annual Average Balance Outstanding
BorrowingsAnnualAverageBalanceOutstanding
3417000
CY2020 vabk Borrowings Annual Average Interest Rate Paid
BorrowingsAnnualAverageInterestRatePaid
0.0047
CY2019 vabk Borrowings Annual Average Interest Rate Paid
BorrowingsAnnualAverageInterestRatePaid
0.0258
CY2020 vabk Borrowings Annual Interest Rate
BorrowingsAnnualInterestRate
0.0048
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
1146000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
884000
CY2020Q4 vabk Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Non Accrual Loan Interest
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredNonAccrualLoanInterest
2000
CY2019Q4 vabk Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Non Accrual Loan Interest
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredNonAccrualLoanInterest
4000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
52000
CY2020Q4 vabk Deferred Tax Liabilities Deferred Expense Deferred Loan Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredLoanCosts
196000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
20000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
39000
CY2019Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
12000
CY2020Q4 vabk Deferred Tax Assets Lease Accounting Standard
DeferredTaxAssetsLeaseAccountingStandard
13000
CY2019Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
477000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
43000
CY2020Q4 vabk Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Home Equity Closing Costs
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredHomeEquityClosingCosts
24000
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3111
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1867000
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1490000
CY2019Q4 vabk Deferred Tax Liabilities Deferred Expense Deferred Loan Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredLoanCosts
21000
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
584000
CY2019Q4 vabk Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Home Equity Closing Costs
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredHomeEquityClosingCosts
24000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
9000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
9000
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
11000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
6689000
CY2019Q4 vabk Deferred Tax Assets Lease Accounting Standard
DeferredTaxAssetsLeaseAccountingStandard
6000
CY2019Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
11000
CY2020Q4 vabk Deferred Tax Liabilities Securities Available For Sale Unrealized Gain
DeferredTaxLiabilitiesSecuritiesAvailableForSaleUnrealizedGain
388000
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
21000
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1283000
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1469000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2689977
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2279000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1436000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-214000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
91000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2065000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1527000
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2109000
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1726000
CY2020 vabk Income Tax Reconciliation Tax Exempt Interest Income
IncomeTaxReconciliationTaxExemptInterestIncome
100000
CY2019 vabk Income Tax Reconciliation Tax Exempt Interest Income
IncomeTaxReconciliationTaxExemptInterestIncome
62000
CY2020 vabk Income Tax Reconciliation Tax Exempt Income From Bank Owned Life Insurance
IncomeTaxReconciliationTaxExemptIncomeFromBankOwnedLifeInsurance
92000
CY2019 vabk Income Tax Reconciliation Tax Exempt Income From Bank Owned Life Insurance
IncomeTaxReconciliationTaxExemptIncomeFromBankOwnedLifeInsurance
168000
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
18000
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
10000
CY2020 vabk Effective Income Tax Rate Reconciliation Nondeductible Expense Merger Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseMergerExpense
117000
CY2019 vabk Effective Income Tax Rate Reconciliation Nondeductible Expense Merger Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseMergerExpense
-15000
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
13000
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
36000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2065000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1527000
CY2020Q4 vabk Federal Reserve Daily Average Required Balances
FederalReserveDailyAverageRequiredBalances
0
CY2019Q4 vabk Federal Reserve Daily Average Required Balances
FederalReserveDailyAverageRequiredBalances
0
CY2020Q4 vabk Commitment Letters
CommitmentLetters
4000000.0
CY2019Q4 vabk Commitment Letters
CommitmentLetters
14400000
CY2020 vabk Commitment Letter Expiration Period
CommitmentLetterExpirationPeriod
P120D
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.49
CY2020Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
128112000
CY2019Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
130800000
CY2020Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
258000
CY2020Q4 vabk Tier One Risk Based Common Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCommonCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.045
CY2020Q4 vabk Minimum Capital Conservation Buffer Assets Percentage
MinimumCapitalConservationBufferAssetsPercentage
0.025
CY2020Q4 vabk Common Equity Tier One Risk Based Capital Ratio For Capital Conservation Buffer To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRatioForCapitalConservationBufferToRiskWeightedAssets
0.07
CY2020Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
6.0
CY2020Q4 vabk Minimum Capital Conservation Buffer Assets Percentage
MinimumCapitalConservationBufferAssetsPercentage
0.025
CY2020Q4 vabk Tier One Risk Based Capital Required For Capital Conservation Buffer To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalConservationBufferToRiskWeightedAssets
0.085
CY2020Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
8.0
CY2020Q4 vabk Minimum Capital Conservation Buffer Assets Percentage
MinimumCapitalConservationBufferAssetsPercentage
0.025
CY2020Q4 vabk Capital Conservation Buffer To Risk Weighted Assets
CapitalConservationBufferToRiskWeightedAssets
0.105
CY2020Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
4
CY2020Q4 us-gaap Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
15609000
CY2020Q4 vabk Number Of Other Real Estate Owned Properties
NumberOfOtherRealEstateOwnedProperties
0
CY2019Q4 vabk Number Of Other Real Estate Owned Properties
NumberOfOtherRealEstateOwnedProperties
0
CY2020Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
1300000
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
2500000
CY2020 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M18D
CY2019Q2 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2019-06-13
CY2020 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P8Y4M24D
CY2020Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
33.51
CY2020 vabk Atm Debit And Credit Card Expense
ATMDebitAndCreditCardExpense
180000
CY2019 vabk Atm Debit And Credit Card Expense
ATMDebitAndCreditCardExpense
190000
CY2020 vabk Bank Franchise Tax
BankFranchiseTax
649000
CY2019 vabk Bank Franchise Tax
BankFranchiseTax
591000
CY2020 vabk Computer Software Expense
ComputerSoftwareExpense
579000
CY2019 vabk Computer Software Expense
ComputerSoftwareExpense
529000
CY2020 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
409000
CY2019 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
539000
CY2020 us-gaap Professional Fees
ProfessionalFees
723000
CY2019 us-gaap Professional Fees
ProfessionalFees
771000
CY2020 us-gaap Other General Expense
OtherGeneralExpense
2308000
CY2019 us-gaap Other General Expense
OtherGeneralExpense
2065000
CY2020 us-gaap Other Expenses
OtherExpenses
4848000
CY2019 us-gaap Other Expenses
OtherExpenses
4685000
CY2020 vabk Minimum Age Of Employees For Benefit Plans
MinimumAgeOfEmployeesForBenefitPlans
P18Y
CY2020 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1
CY2020 vabk Defined Contribution Plan Maximum Annual Contributions Per Employee Percent On Which Employer Will Match
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercentOnWhichEmployerWillMatch
0.06
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
398000
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
342000
CY2019Q3 vabk Dividends Paid In Kind Percentage
DividendsPaidInKindPercentage
0.05
CY2018Q2 vabk Dividends Paid In Kind Percentage
DividendsPaidInKindPercentage
0.05
CY2019Q2 vabk Dividends Paid In Kind Percentage
DividendsPaidInKindPercentage
0.05
CY2019Q2 vabk Dividends Paid In Kind Per Share
DividendsPaidInKindPerShare
0.05
CY2019Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2019-07-05
CY2019Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2019-06-26
CY2020 us-gaap Net Income Loss
NetIncomeLoss
7978000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2707877
CY2020Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
30755
CY2020Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
40.28
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.94
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
690
CY2020 us-gaap Net Income Loss
NetIncomeLoss
7978000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2708567
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0068
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0156
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.94
CY2019 us-gaap Net Income Loss
NetIncomeLoss
6689000
CY2020Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
146783
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2686866
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.49
CY2020 vabk Dividends Paid In Kind Percentage
DividendsPaidInKindPercentage
0.05
CY2020 vabk Dividends Paid In Kind Percentage
DividendsPaidInKindPercentage
0.05
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2297
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.1686
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0500
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0318
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2020 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
23879000
CY2020 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1622000
CY2020 us-gaap Noninterest Income
NoninterestIncome
6565000
CY2020 us-gaap Noninterest Expense
NoninterestExpense
18779000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
10043000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2065000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
7978000
CY2019 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
21924000
CY2019 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1375000
CY2019 us-gaap Noninterest Income
NoninterestIncome
5551000
CY2019 us-gaap Noninterest Expense
NoninterestExpense
17884000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8216000
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
587000
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
58000
CY2020 vabk Realized Gains On Sales And Calls Of Securities
RealizedGainsOnSalesAndCallsOfSecurities
743000
CY2019 vabk Realized Gains On Sales And Calls Of Securities
RealizedGainsOnSalesAndCallsOfSecurities
74000
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
156000
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
16000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1527000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
6689000
CY2020 vabk Aggregate Quarterly Cash Dividends Paid To Parent Company
AggregateQuarterlyCashDividendsPaidToParentCompany
4400000
CY2019 vabk Aggregate Quarterly Cash Dividends Paid To Parent Company
AggregateQuarterlyCashDividendsPaidToParentCompany
3400000

Files In Submission

Name View Source Status
0001564590-21-014343-index-headers.html Edgar Link pending
0001564590-21-014343-index.html Edgar Link pending
0001564590-21-014343.txt Edgar Link pending
0001564590-21-014343-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gwhlesfigkma000001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vabk-10k_20201231.htm Edgar Link pending
vabk-10k_20201231_htm.xml Edgar Link completed
vabk-20201231.xsd Edgar Link pending
vabk-20201231_cal.xml Edgar Link unprocessable
vabk-20201231_def.xml Edgar Link unprocessable
vabk-20201231_lab.xml Edgar Link unprocessable
vabk-20201231_pre.xml Edgar Link unprocessable
vabk-ex311_7.htm Edgar Link pending
vabk-ex312_8.htm Edgar Link pending
vabk-ex321_6.htm Edgar Link pending