Trading Day: Inside local SEC filings for 2.2.12

Altria

About a dozen of the company’s top executives each received tens of thousands of shares at no cost as part of an equity compensation plan.

Brink’s

Brink’s entered into a $25 million credit agreement with HSBC Bank.

CarMax

Director Robert Grafton exercised options for 8,000 shares at $10.75 per share or $86,000. He then sold the shares at market price for $31.80 each for a total of $254,000.

C&F Financial

The holding company for C&F Bank reported its fourth quarter and year-end earnings. It made a profit of $3.27 million for the fourth quarter, up from $2.09 million in the same period of 2010. Its net income for the full year 2011 was $11.79 million, up from $6.96 million in 2010. The bank’s non-performing assets were $16.07 million at year’s end, compared to $18.06 million the end of 2010. Its total assets reached $928.12 million, up from $904.13 million. It ended the year with $646.41 million in deposits, up $21 million from the previous year. Its loan portfolio reached $616.9 million, up from $606 million.

Community Bankers Trust

The holding company of Essex Bank reported net income for the fourth quarter of $423,000, down from $2.4 million in the same period of 2010. For the full year 2011, its net income was $354,000, an improvement from a $22.1 million loss in 2010. The company reported $40.8 million in non-performing assets. It had $1.09 billion in total assets at year’s end, down $23.1 million compared to the end of 2010. Total loans were $642.3 million, compared to $641.1 million.

Dominion

Dominion filed a registration statement to allow it to leave open the option for an offering of up to $500 million worth of shares should the need arise. It signed sales agreements with BNY Mellon Capital Markets, Merrill Lynch and Morgan Stanley.

President and CEO Thomas Farrell bought 5,000 for $49.49 per share, a purchase of more than $247,000. He now owns more than 880,000 shares.

CFO Mark McGettrick also bought 5,000 shares for $49.48 each.

Director Mark Kington bought 2,800 shares for $49.66. He owns more than 35,000 shares.

Dynex Capital

The REIT said it is selling 12.5 million shares at $9 per share and expects proceeds from the offering of approximately $120 million.

First Capital

The holding company of First Capital Bank set Feb. 10 as the record date for its previously announced stock offering. It’s looking to raise up to $17.8 million in fresh capital.

Genworth Financial

Patrick Kelleher, an executive vice president, received 5,000 shares at no cost from a previous restricted stock award. He then sold 1,820 shares for $7.73 or approximately $14,000.

James River Coal

The company announced its annual shareholders meeting will be held April 23 at itsRichmondheadquarters at901 E. Byrd St.

MeadWestvaco

MWV entered into a new $600 million and $250 million credit agreements. They are good until 2017.

Media General

The company’s top executives each were awarded thousands of shares at no cost as part of a restricted stock plan. President and CEO Marshall Morton received 88,500 such shares. They vest over a ten year period.

Union First Market Bankshares

Union’s fourth quarter net income was $7.3 million, up from $3.9 million in the same period of 2010. It had $77.1 million in non-performing assets, down $20.7 million from the end of 2010. Total assets rose to $3.9 billion from $3.83 billion. Its total loan portfolio declined slightly to $2.81 billion from $2.83 billion. It finished the year with $3.17 billion in total deposits, up from $3.07 billion at the end of 2010.

Altria

About a dozen of the company’s top executives each received tens of thousands of shares at no cost as part of an equity compensation plan.

Brink’s

Brink’s entered into a $25 million credit agreement with HSBC Bank.

CarMax

Director Robert Grafton exercised options for 8,000 shares at $10.75 per share or $86,000. He then sold the shares at market price for $31.80 each for a total of $254,000.

C&F Financial

The holding company for C&F Bank reported its fourth quarter and year-end earnings. It made a profit of $3.27 million for the fourth quarter, up from $2.09 million in the same period of 2010. Its net income for the full year 2011 was $11.79 million, up from $6.96 million in 2010. The bank’s non-performing assets were $16.07 million at year’s end, compared to $18.06 million the end of 2010. Its total assets reached $928.12 million, up from $904.13 million. It ended the year with $646.41 million in deposits, up $21 million from the previous year. Its loan portfolio reached $616.9 million, up from $606 million.

Community Bankers Trust

The holding company of Essex Bank reported net income for the fourth quarter of $423,000, down from $2.4 million in the same period of 2010. For the full year 2011, its net income was $354,000, an improvement from a $22.1 million loss in 2010. The company reported $40.8 million in non-performing assets. It had $1.09 billion in total assets at year’s end, down $23.1 million compared to the end of 2010. Total loans were $642.3 million, compared to $641.1 million.

Dominion

Dominion filed a registration statement to allow it to leave open the option for an offering of up to $500 million worth of shares should the need arise. It signed sales agreements with BNY Mellon Capital Markets, Merrill Lynch and Morgan Stanley.

President and CEO Thomas Farrell bought 5,000 for $49.49 per share, a purchase of more than $247,000. He now owns more than 880,000 shares.

CFO Mark McGettrick also bought 5,000 shares for $49.48 each.

Director Mark Kington bought 2,800 shares for $49.66. He owns more than 35,000 shares.

Dynex Capital

The REIT said it is selling 12.5 million shares at $9 per share and expects proceeds from the offering of approximately $120 million.

First Capital

The holding company of First Capital Bank set Feb. 10 as the record date for its previously announced stock offering. It’s looking to raise up to $17.8 million in fresh capital.

Genworth Financial

Patrick Kelleher, an executive vice president, received 5,000 shares at no cost from a previous restricted stock award. He then sold 1,820 shares for $7.73 or approximately $14,000.

James River Coal

The company announced its annual shareholders meeting will be held April 23 at itsRichmondheadquarters at901 E. Byrd St.

MeadWestvaco

MWV entered into a new $600 million and $250 million credit agreements. They are good until 2017.

Media General

The company’s top executives each were awarded thousands of shares at no cost as part of a restricted stock plan. President and CEO Marshall Morton received 88,500 such shares. They vest over a ten year period.

Union First Market Bankshares

Union’s fourth quarter net income was $7.3 million, up from $3.9 million in the same period of 2010. It had $77.1 million in non-performing assets, down $20.7 million from the end of 2010. Total assets rose to $3.9 billion from $3.83 billion. Its total loan portfolio declined slightly to $2.81 billion from $2.83 billion. It finished the year with $3.17 billion in total deposits, up from $3.07 billion at the end of 2010.

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