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We are pleased to present below all posts archived in 'October 2023'. If you still can't find what you are looking for, try using the search box.
TYSONS CORNER, Va., October 31, 2023 - We are pleased to report strong operating results for the third quarter of 2023 and nine months ended September 30, 2023. Third quarter earnings marked our fifteenth consecutive quarter of profitability with total assets, loans and deposits reaching record highs. We continue to execute upon our organic growth strategy, resulting in meaningful earnings and long-term franchise value for shareholders. Pretax income was a record $2.1 million in the current quarter, compared to $1.5 million in the second quarter of 2023.
Old Dominion National Bank (the “Bank”), the wholly-owned banking subsidiary of ODNB Financial Corporation (the “Company” or “ODNB”), continues to serve its growing number of customers across Northern Virginia and the Washington, D.C. metro area, Central Virginia and the Charlottesville area, and Pennsylvania through its Centre 1st Bank division.
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