ADDED
The Bank has fifteen full-service branches, one loan production office, one wealth management office and one drive-through only facility.
Employees The Company, including the Bank, has 254 full-time equivalent employees at December 31, 2025, representing 86 officers, 161 other, non-officer, full-time employees and 8 part-time employees.
Based on total deposits at June 30, 2025 as reported to the FDIC, the Bank has 11.94% of the total deposits in its primary deposit market area of Clarke County, Frederick County, Loudoun County, Fauquier County and the City of Winchester.
During the third quarter of 2025, the Bank opened its first full-service branch in Fairfax County, providing an opportunity to expand strategically and deliver its distinctive brand of community banking to Fairfax County.
Adding Fairfax County to the the Bank's primary deposit market area increases the number of competing banking offices by approximately 66%.
Under the expanded market area, the Bank's has 1.29% of total deposits at June 30, 2025, as reported to the FDIC.
Other federal and state laws, including various consumer and compliance laws, govern the activities of the Company and the Bank, the investments that they may make and the aggregate amount of loans that the Bank may grant to one borrower.
Under the Gramm-Leach-Bliley Act ( GLBA ), bank holding companies that are well-capitalized and well-managed and meet other conditions can elect to become financial holding companies.
During 2025, the Company paid total dividends of $6.1 million, including cash dividends that were reinvested in Company stock.
The Federal Reserve has adopted capital rules implementing the Basel III regulatory capital reforms from the Basel Committee on Banking Supervision and certain provisions of the Dodd-Frank Act.
REMOVED
The number of shares of the registrant s Common Stock ($2.50 par value) outstan ding as of March 21, 2025 was 5,378,653 .
The Bank has thirteen full-service branches, two loan production offices, one wealth management office and one drive-through only facility.
Employees The Company, including the Bank, has 231 full-time equivalent employees at December 31, 2024, representing 75 officers, 150 other, non-officer, full-time employees and 6 part-time employees.
Based on total deposits at June 30, 2024 as reported to the FDIC, the Bank has 9.60% of the total deposits in its market area.
The Company s primary deposit market area includes Clarke County, Frederick County, Loudoun County, Fauquier County and the City of Winchester.
Other federal and state laws, including various consumer and compliance laws, govern the activities of the Bank, the investments that it makes and the aggregate amount of loans that it may grant to one borrower.
In November 1999, Congress enacted the Gramm-Leach-Bliley Act ( GLBA ), which made substantial revisions to the statutory restrictions separating banking activities from other financial activities.
Under the GLBA, bank holding companies that are well-capitalized and well-managed and meet other conditions can elect to become financial holding companies.
During 2024, the Company paid total dividends of $4.3 million, including cash dividends that were reinvested in Company stock.
Effective January 1, 2015, the Federal Reserve adopted capital rules intended to revise and strengthen its risk-based and leverage capital requirements and its method for calculating risk-weighted assets.