Inactive Instrument

Bay Banks of Virginia, Inc.

BAYK

US0720351081

Bay Banks of Virginia, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Reports Net Charge-Offs for the First Quarter Ended March 31, 2019

April 30, 2019 at 09:30 pm

Bay Banks of Virginia, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported net interest income was $8,683,000 against $8,644,000 a year ago. Net income was $1,492,000 against $1,124,000 a year ago. Basic earnings per share were $0.11 against $0.09 a year ago.

For the quarter, the company reported net charge-offs of $358,000 against $167,000 a year ago.

Latest news about Bay Banks of Virginia, Inc.

Blue Ridge Bankshares, Inc. completed the acquisition of Bay Banks of Virginia, Inc. in a merger of equals transaction.	30/01/21	CI
Bay Banks of Virginia, Inc.'s Equity Buyback announced on October 18, 2019, has expired.	30/12/20	CI
Tranche Update on Bay Banks of Virginia, Inc.'s Equity Buyback Plan announced on October 18, 2019.	30/10/20	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020	29/10/20	CI
Blue Ridge Bankshares, Inc. entered into a definitive merger agreement to acquire Bay Banks of Virginia, Inc. for $97.3 million in a merger of equals transaction.	12/08/20	CI
Tranche Update on Bay Banks of Virginia, Inc.'s Equity Buyback Plan announced on October 18, 2019.	04/08/20	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020	03/08/20	CI
Bay Banks of Virginia, Inc. Records Impairment Charges for the Second Quarter Ended June 30, 2020	03/08/20	CI
Tranche Update on Bay Banks of Virginia, Inc.'s Equity Buyback Plan announced on October 18, 2019.	08/05/20	CI
Bay Banks of Virginia, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2020	07/05/20	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020	07/05/20	CI
Tranche Update on Bay Banks of Virginia, Inc.'s Equity Buyback Plan announced on October 18, 2019.	06/03/20	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019	28/01/20	CI
Bay Banks of Virginia, Inc. Provides Earnings Guidance for the Year 2020; Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2019	28/01/20	CI
Bay Banks of Virginia, Inc. Announces Executive Changes	02/01/20	CI
Bay Banks of Virginia, Inc. Announces Consolidation	12/11/19	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019	29/10/19	CI
Bay Banks of Virginia, Inc. announces an Equity Buyback for 400,000 shares, representing 3% of its issued share capital.	18/10/19	CI
Bay Banks of Virginia, Inc. authorizes a Buyback Plan.	17/10/19	CI
Bay Banks of Virginia, Inc. Announces Retirement of Douglas F. Jenkins, Jr. as Executive Vice President, Effective January 1, 2020	15/10/19	CI
Bay Banks of Virginia, Inc. Completes $25 Million Subordinated Notes Offering	07/10/19	CI
Bay Banks of Virginia, Inc. announced that it has received $25 million in funding	06/10/19	CI
Bay Banks of Virginia, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019	30/07/19	CI
Bay Banks of Virginia, Inc. Provides Net Charge-Offs for the Three Months Ended June 30, 2019	30/07/19	CI
Bay Banks of Virginia, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Reports Net Charge-Offs for the First Quarter Ended March 31, 2019	30/04/19	CI

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Company Profile

Bay Banks of Virginia, Inc. is a bank holding company that conducts its operations through its subsidiaries, Virginia Commonwealth Bank and Bay Trust Company. The Bank is a state-chartered bank and a member of the Federal Reserve System. It serves businesses, professionals and consumers with a range of financial services, including retail and commercial banking, investment services and mortgage banking. Its products include cash management accounts, individual retirement accounts, commercial and industrial loans, residential mortgages, commercial mortgages, home equity loans, consumer installment loans, investment accounts, insurance, credit cards and telephone banking. Its deposits include non-interest bearing demand deposits, interest bearing deposits and time deposits. The Trust Company provides management services for personal and corporate trusts, including estate planning, estate settlement and trust administration.

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