A scrappy local bank had its first profitable year in 2011.
Xenith Bank
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.
A divorcee’s default and a bank’s demise
Bankrupt socialite Patricia Kluge’s financial collapse has spread to Richmond.
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.
Let the capital-raising begin
One of Richmond’s newest banks has set the price on its public stock offering.
Local bank moves closer to $42M capital raise
The parent of one Richmond’s newest banks is looking to commence a big stock offering.
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.