Virginia Heritage Bank Announces Results for the First Quarter 2013

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posted:4/26/2013
language:Japanese
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Description: TYSONS CORNER, Va.--(BUSINESS WIRE)--Virginia Heritage Bank (OTCQB: VGBK), reported net income after taxes of $2.0 million in the first quarter of 2013, compared to $1.4 million for the same period in 2012. The increase in net income for the quarter ended March 31, 2013 was due primarily to an increase in net interest income and, to a lesser extent, an increase in noninterest income. Net interest income increased $1.3 million due primarily to strong balance sheet growth. Noninterest income, whic a style='font-size:
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