Xenith Bank

Welcome to the black

A scrappy local bank had its first profitable year in 2011.

Local bank to be acquired in $40M deal


Richmond-based Peoples Bank of Virginia is being acquired by a larger competitor hungry for more deals and more branches.

Too good to pass up

A two-year old Richmond bank is the first of its local peers to tap into a government small-business lending program.

Xenith Bank’s growth spurt

The Richmond-based bank began last week with about $288 million in assets. Then it went on a buying binge, closing two acquisitions Friday.

With new branches, Union closes in on 100

Richmond’s biggest bank officially opened seven new branches in the western part of Virginia Monday – all inside Martin’s grocery stores.

Xenith Bank to buy Paragon branch

Xenith will close Paragon’s Henrico office and is still working out which staff will come onboard.

Trading Day: Inside the SEC filings for local companies

After missing the original deadline for filing its second quarter financial results, Village reported net income of $460,000 for the quarter, compared with a $1.7 million loss in the same period last year. Also, lots of insider buying and selling.