News

TYSONS CORNER, Va., August 17, 2022 - The second quarter of 2022 marked 10 consecutive quarters of profitability and total assets reached a record high. As ODNB executes its growth strategy, we continue to generate meaningful earnings for shareholders. In the second quarter of 2022, ODNB reported pretax income of $1.8 million compared to $1.5 million in the linked quarter and $1.4 million in the second quarter of 2021. Net income in the second quarter of 2022 was $3.5 million, compared to $1.2 million in the linked quarter and $911 thousand in the year-ago quarter.

TYSONS CORNER, Va., July 5, 2022— ODNB Financial Corporation (the “Company”) and Old Dominion National Bank (the “Bank”) announced that effective July 1, 2022, the Company and the Bank consummated the statutory merger pursuant to which the Company has become the parent bank holding company of the Bank (such transaction, the “reorganization”).

TYSONS CORNER, Va., May 13, 2022 - Old Dominion National Bank (ODNB) had its ninth consecutive quarter of profitability in the first three months of 2022, as exceptional levels of quality loan production and low cost deposit generation drove net interest income growth, while strong asset quality continued to lead to low credit costs.

TYSONS CORNER, Va., February 14, 2022 - Old Dominion National Bank (ODNB) is pleased to report continued growth and strong financial performance for the quarter and year-ended December 31, 2021. ODNB delivered record earnings of $6.6 million for the twelve months ended December 31, 2021, with total assets reaching $837.5 million at December 31, 2021.

TYSONS CORNER, Va., November 23, 2021 -- Old Dominion National Bank (ODNB) announced the appointment of Todd Rowley to serve as the bank's Regional President for Central Virginia. Rowley will be based in Charlottesville, Virginia.

TYSONS CORNER, Va. and STATE COLLEGE, Pa., May 19, 2021 — Old Dominion National Bank announced that ODNB and its Centre 1st Bank division secured $301 million in funding for more than 700 small businesses and nonprofits through the Paycheck Protection Program (PPP) before the U.S. Small Business Administration (SBA) announced in May that federal funds for the initiative were exhausted.

TYSONS CORNER, Va., February 22, 2021 — Old Dominion National Bank appointed Robert Hubbell and William Reilly to its Board of Directors. The two new directors, both based in the Washington, D.C. metro area, bring extensive knowledge and experience of the local business community and corporate board experience to ODNB.

STATE COLLEGE, Pa., October 27, 2020 — The parent company of Centre1st Bank, a Division of Old Dominion National Bank, has appointed Jacob “Jake” Doyle Corman III to its Board of Directors.

TYSONS CORNER, Va., October 27, 2020 — Old Dominion National Bank appointed Former Mayor Anthony A. Williams, who served as the mayor of Washington D.C. from 1999 through 2007, to its Board of Directors.

ODNB is proud to announce that our Bank has been named among the Washington Business Journal's 75 Fastest Growing Companies. We are extremely thankful for all the hard work of our staff, and the partnership of all our customers.