Owens & Minor (OMI)
Director Craig Smith sold 20,000 shares of common stock at $33.78 per share for a total of $675,600.
Union Bankshares (UBSH)
The parent of Union Bank & Trust issued its first quarter financials, reporting net income for the three months of $19.12, up from $16.96 million in the same period last year. Its total assets grew to $8.66 billion, up from $7.83 billion a year ago. Total deposits were $6.61 billion, up from $5.94 billion. Total loans were $6.55 billion, up from $5.78 billion. Its nonperforming assets were $31.94 million, up from $27.33 million a year ago. Read the full report here.
Village Bank and Trust Financial (VBFC)
The parent of Village Bank filed its proxy statement, disclosing the compensation packages paid to its top executives in 2016. Among them, CEO Bill Foster received compensation valued at $370,000, down from $474,000 in 2015. His pay last year included a base salary of $260,000, a $40,000 bonus, $57,000 in incentive pay and other perks. The full compensation table is on page 18 here.
The company also disclosed a letter sent to shareholders highlighted its recent internal changes. Read the letter here.