Village Bank and Trust Financial Corp.

Village Bank and Trust Financial Corp., incorporated on March 19, 2009, is a bank holding company. The Company has three active subsidiaries: Village Bank (the Bank), Southern Community Financial Capital Trust I and Village Financial Statutory Trust II. The Bank has one active subsidiary: Village Bank Mortgage Corporation (the mortgage company), which is a full service mortgage banking company. The Company is the holding company of and successor to the Bank. The Bank is the primary operating business of the Company. The Bank offers a range of banking and related financial services, including checking, savings, certificates of deposit and other depository services, and commercial, real estate and consumer loans, primarily in the Richmond, Virginia metropolitan area. The Bank offers a range of financial services and products, and specializes in providing customized financial services to small and medium sized businesses, professionals, and individuals. The Bank conducts business from over 10 full-service branch banking offices, one offsite automatic teller machine (ATM) and over two mortgage loan production offices in Central Virginia in the counties of Chesterfield, Hanover, Henrico and Powhatan. The Bank also has a mortgage loan production office in Manassas, Virginia. Deposits are the major source of the Bank’s funding. The Bank offers a range of deposit services that are available in banks and other financial institutions, including checking accounts, savings accounts and other time deposits of various types, ranging from daily money market accounts to longer term certificates of deposit and individual retirement accounts. The Bank services its deposit clients in its full-service branches, at drive-up windows, at its ATMs, through its customer care team and through technology, such as online banking, mobile banking applications and remote deposit capture for business clients. The Bank makes secured and unsecured loans to small- and medium-sized businesses for purposes, such as funding working capital needs, including inventory and receivables, business expansion, including acquisition of real estate and improvements, and purchase of equipment and machinery. The Bank also makes loans under small business administration and state sponsored business loan programs. The Bank makes loans to its clients for the purposes of acquiring, developing, constructing and owning commercial real estate. Consumer loans include secured and unsecured loans for financing automobiles, home improvements, education and personal investments. The Bank also originates fixed and variable rate mortgage loans and real estate construction and acquisition loans. Residential loans originated by its mortgage company are sold in the secondary mortgage market. The Bank sells loan participations in the ordinary course of business when a loan originated by it exceeds its legal lending limit or the Bank otherwise deems it prudent to share the risk with another lending institution. All of its investment securities are classified as available for sale.
Bank NameVillage Bank and Trust Financial Corp.
Stock ExchangeLSE
IndustryMajor Banks
CountryUnited States
World Region"North America "
CEOMr. William G. Foster Jr.
Registered Year1999

2017 2016 2015
  € m € m € m
Total interest income 17 16 16
Total Interest Expenses 3 3 3
Net Interest income 15 13 13
Total Net Revenue 21 24 23
Earnings per share
Basic 2.55 8.99 5.65
Diluted 2.55 8.99 5.49
Total current assets
Other assets 17,867 21,983 24,528
Total assets 4,76,974 4,44,802 4,19,941
Total current liabilities
Total liabilities 4,37,640 4,01,188 3,89,582
Total Equity 39,334 43,614 30,359
Net income
Net cash provided by operating activities 8 1 2
Net cash used for investment activities 38 21 14
Net cash provided by financing activities 36 14 16
Currency in EUR, All numbers in million.


United Satets