Southern National Bancorp of Virginia Inc. reports earn
Transcription
Southern National Bancorp of Virginia Inc. reports earn
Volume Nine Issue Four 4th Quarter 2015 In this Issue: Page 1 Groundbreaking of YMCA Press Release The Christmas Mother Program Page 2 Ron McKay Sona Holiday Party Page 3 Halloween Fun Paul Aliloo Fitness Equation Page 4 Employee of the Quarter Locations Sonabank’s New Mobile App is Here! On November 5, 2015, the Piedmont Family YMCA located in Charlottesville,VA broke ground on a new 77,000 square foot state of the art facility. This day has been 21 years in the making. Sonabank was an integral part to making this dream a reality thanks to the help of Tom Baker and Charles Bruce from the Court Square office in Charlottesville. The new facility will feature a 10 lane competition pool, a double basketball gymnasium, a suspended walking track, locker rooms, and multiple work out facilities and meeting rooms. Sonabank is proud to be a part of the community and to support the community in which we operate. Southern National Bancorp of Virginia Inc. reports earnings of $9.3 million for 2015, up 24% from $7.5 million in 2014. Declares seventeenth consecutive regular dividend. McLean, Virginia, January 21, 2016 – Southern National Bancorp of Virginia, Inc. (“Southern National”) announced today that net income for the year ended December 31, 2015 was $9.3 million compared to $7.5 million for the year ended December 31, 2014. In addition, Southern National declared a regular quarterly dividend of $.08 per share payable on February 19, 2016 to shareholders of record on February 8, 2016. 2015 was a solid year where we built on what we put in place in 2014 and 2013 – including the acquisition of Prince George’s Federal Savings (PGFSB) and the purchase of a 44% interest in Southern Trust Mortgage (STM). Total deposits were $825.3 million at December 31, 2015 compared to $742.4 million at December 31, 2014. Noninterest-bearing demand deposits and NOW accounts were $111.8 million at December 31, 2015 up from $94.6 million at December 31, 2014. Total assets of the Bancorp exceeded $1 billion for the first time. Total assets were $916.6 million at year-end 2014. Sonabank of Clifton Forge was recently in the Virginian Review for their participation in The Christmas Mother Program. The branch contributed toys and household goods, as well as, substantial monetary donations, all from the staff, for the program. The Christmas Mother Program was started in the 1950’s to assist in the community for those who are in need around the holidays. Our Clifton Forge branch was happy to participate for such a great cause. Find us on Facebook 1 Sonabank New sletter The Clifton Forge branch with their donations Photo credit: Virginian Review 866.336.4600 www.sonabank.co m Ron McKay, owner of Affordable Exterminators and Handyman, LLC was featured in America’s #1 Home Improvement Magazine. You can view the article on Richmond.TheHomeMag.com. He has been proudly serving Richmond, Virginia’s homeowners and businesses since 1989. Ron is a family oriented man and that carries over into his business as well. It shows in the way that he cares about his business, staff and customers. He has been a part of the Sonabank family for many years and we are happy to have him as a customer and friend. Our Midlothian staff, particularly Charlene Benjamin and Naomi Hill, always enjoy seeing Ron and his employees when they visit. If you are looking for an affordable exterminator and great service, give Ron a call at the number below. Affordableexterminators.com (804) 744-3835 Located in Brandermill Midlothian, VA Ron McKay Beautiful holiday decorations Lori and Joe Sprouse Carroll Amos and Bob Neff 2 Sonabank New sletter Devon and the band Sharon, Patrick and Bridget Bonnie, Dianne and Robyn Georgia and Bill Kevin and Neva Maureen and Richard North 866.336.4600 www.sonabank.co m It is a tradition at Sonabank for employees to dress up for Halloween. Sona has very creative and fun staff who love to make our customers smile. Some of our branches offer refreshments and candy to customers and to the children trick’or’treating. Old Town Warrenton Branch Midlothian Branch Frederick Branch At Sonabank, we have known Paul Aliloo for nearly three decades, as a customer and a friend. Over the years, we have gotten to know his family and we consider them to be some of our closest friends. His children have grown up in front of our eyes. Paul has helped us on many occasions to decorate our branch locations (and even some of our personal homes!) with beautiful rugs and is well known in the Middleburg community for having the best products, the best knowledge and the best service, just like Sonabank. While we know he isn't closing his store just yet, we wish him all the best in his eventual retirement. -Sonabank Senior Management Paul Aliloo & Family Ahmad Kangarloo opened the first fitness center in 1990 in Fredericksburg, VA. They subsequently designed and opened two additional clubs in Reston and Dale City. They grew membership over the years and sold the business enterprise to Sport & Health Club in 2000. The 15 year non-compete agreement has ended. They have opened a Fitness Equation in January 2016 in One Loudoun. They offer a variety of activities and classes. They have personal training, basketball, cycling, mind and body yoga, climbing wall and cardio dance classes. They even have training programs for kids. Everything you need to reach your fitness goals. After a good workout, you can relax in their day spa. Ahmad Kangarloo plans to develop additional locations of Fitness Equation after the first one is stabilized. Devon, Marie and Ahmad 3 Sonabank New sletter 866.336.4600 www.sonabank.co m Robyn Reid, our Treasurer, VP has been with Sonabank since it’s inception and worked for it’s predecessor bank (Southern Financial) for more than a decade. One of Sona’s most dedicated employees, Robyn can be found in her office by 7:30 am every day. Besides running the bank’s accounting department, Robyn also performs several other functions for the bank, including running a detailed analysis on every municipal bond that the bank invests in. She lives in Warrenton and everyone at Sona knows Robyn’s son Josh as well. We’ve watched him grow up into an impressive young man. He is attending his second year at Virginia Tech and working towards a degree in Communications with a minor in History. He already has a job broadcasting for the varsity baseball team at Tech and we expect to see him do more of that in the future. In 20 years, Robyn has never missed a Sonabank party and her smiling face can be found with our CFO, Bill Lagos, Tim Armstrong, our Cashier, VP and Dianne Joynes, her right-hand woman in the accounting department. Thank you for your dedication and hard work for all of these years. Here’s to two more decades in the Sonabank family! MARYLAND BETHESDA BRANCH 7700 Wisconsin Ave. Bethesda, MD 20814 301.215.6322 MIDLOTHIAN BRANCH 13804 Hull Street Road Midlothian, VA 23112 804.521.6585 BRANDYWINE BRANCH 14118 Brandywine Rd PO Box 255 Brandywine, MD 20613 240.681.3784 MCLEAN BRANCH & HEADQUARTERS 6830 Old Dominion Drive McLean, VA 22101 703.893.7400 FREDERICK BRANCH 37 North Market Street Frederick, MD 21701 301.662.5086 NEW MARKET BRANCH 9484 Congress Street New Market, VA 22844 540.740.3898 HUNTINGTOWN BRANCH 4009 Old Town Road PO Box 1326 Huntingtown, MD 20639 410.535.3760 OLD TOWN WARRENTON BRANCH 11A Main Street Warrenton, VA 20186 540.428.3435 VIRGINIA CLIFTON FORGE BRANCH 511 Main Street OWINGS BRANCH 137 E. Chesapeake Beach Road Clifton Forge, VA 24422 540.862.4251 Owings, MD 20736 301.855.3600 ROCKVILLE BRANCH 11200 Rockville Pike #105 Rockville, MD 20852 301.881.1900 SHADY GROVE BRANCH 9707 Medical Center Drive Suite 150 Rockville, MD 20850 301.838.2307 UPPER MARLBORO BRANCH 14804 Pratt Street Upper Marlboro, MD 20772 301.627.3504 4 Sonabank New sletter FAIRFAX BRANCH 10855 Fairfax Boulevard Fairfax, VA 22030 703.273.0050 HAYMARKET BRANCH 6719 Lea Berry Way Haymarket, VA 20169 571.248.6459 LEESBURG BRANCH 1 East Market Street Leesburg, VA 20176 703.777.2424 LEESBURG DRIVE THRU 10 West Market Street FOREST LAKES BRANCH Leesburg, VA 20176 1770 Timberwood Blvd. #100 703.443.8770 Charlottesville, VA 22911 434.973.5242 MIDDLEBURG BRANCH FRONT ROYAL 10 West Washington Street 1 South Royal Avenue PO Box 423 Front Royal, VA 22630 Middleburg, VA 20117 540.631.1185 540.687.3893 RESTON BRANCH 11527 Sunrise Valley Drive Reston, VA 20191 703.860.8088 SOUTH RIDING BRANCH 43086 Peacock Market Plaza South Riding, VA 20152 703.327.1700 WARRENTON BRANCH & LOAN PRODUCTION OFFICE 550 Broadview Ave., Suite LL1 Warrenton, VA 20186 540.347.4521 Find us on Facebook 866.336.4600 www.sonabank.co m
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