Southern National Bancorp of Virginia Inc. reports

Transcription

Southern National Bancorp of Virginia Inc. reports
Volume Ten
Issue Two
2nd Quarter 2016
In this
Issue:
Page 1
 Press Release
 Middleburg
Spring Races
Southern National Bancorp of Virginia Inc. reports earnings for
the first quarter of 2016 of $2.6 million, up 28% from the first
quarter the prior year, and declares a dividend of $.08.
Page 2
Employee of the
Quarter
 Annual Meeting
 Teach Children to
Save
McLean, Virginia, April 28th, 2016– Southern National Bancorp of Virginia Inc. (NASDAQ: SONA), the
holding company for Sonabank, announced today that net income for the quarter ended March 31, 2016 was
$2.6 million compared to $2.0 million during the quarter ended March 31, 2015.

Page 3
 Teach Children to
Save continued
 Cinderella
Dreams
 Bike Rodeo
The Board of Directors declared a dividend of $.08 per share payable on May 27, 2016 to shareholders of record on May 16, 2016. This is our eighteenth consecutive quarterly dividend.
This year, Sonabank proudly presented the Sona Cup at the Middleburg Spring Races. The winner was ‘Prima
Facie’, rider was Jeff Murphy, owner is Celtic Venture Stable and the trainer is Eva Smithwick. Each year,
Sonabank staff celebrates this Loudoun County tradition with clients, advisors and friends. Rod and Georgia
have been hosting the races for over 20 years, since the days of Southern Financial Bank.
Page 4
Chamber Event
Locations


Sonabank’s New
Mobile App is
Devon, Sharon & Race winners
Richard & Rhonda Reed
Rhea Clagett
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Sonabank New sletter
Rod, Ahmad Kangarloo & Georgia
Cara, Joan, Linda & Georgia
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Middleburg Spring Races
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At Sonabank, we often say we’re a family business, and we mean that in more ways than one. Many of us
have worked together for decades – we’ve been working together for so long that we feel like a family. As
many of you know, Devon Porter is Rod and Georgia’s son, but we also have other employees of the bank
who are related.
Sharon Taylor is the daughter of our senior loan officer, Marie Taylor Leibson. Sharon started coming to
Southern Financial summer picnics when she was just a kid, back in the nineties. Devon remembers her
throwing water balloons at him. Since then, Sharon put herself through school, had a beautiful daughter, and
worked her way up from teller, to branch manager, and beyond. She’s currently heading Sonabank’s Human
Resources department, and has been doing so for several years. Employees can always count on Sharon for
level-headed advice, compassion, and deep knowledge of HR-related issues.
Congratulations to Sharon Taylor, our employee of the quarter!!
A well-attended 2016 Annual Meeting!
Sonabank announced on April 28th that net income for
the quarter ended March 31, 2016 was $2.6 million
compared to $2.0 million during the quarter ended
March 31, 2015. That was a 28% increase from the 1 st
quarter of the prior year. The bank also announced an
$.08 per share dividend. This is the bank’s eighteenth
consecutive quarterly dividend.
The meeting was well attended by employees, directors of the bank and shareholders. Georgia Derrico,
CEO, and Rod Porter, President, discussed the bank’s
performance for the previous year and elaborated on
strategic plans for the coming year.
Anita, Rod and Georgia
Georgia & Rod
As Derrico said, “Your bank is strong. We thank our
shareholders and employees for their support, and
management will continue to work hard to increase
loan production, raise deposits, and control expenses.”
Thanks to everyone who attended!
Rod, Georgia & Matt Veneri
Employees & Shareholders
On April 29th, Branch managers Anita Hughes and Jessica Stewart went
to M.M. Pierce Elementary, in Remington, VA to do a “Teach Children
to Save” Day presentation to Kindergarten and 1 st graders in Karla
Kolb’s art classroom. They discussed safe and unsafe places to save
money, and the kids participated in an interactive lesson where they were
able to choose which place was safe or unsafe based on what they had
discussed. There were lots of giggles!
The students also made take-home piggy bank crafts out of plastic water
bottles, and they sent them home with some activity sheets from the
VBA website as well. They had a great time and Mrs. Kolb said some of
her students asked if they were coming back anytime soon.
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Sonabank New sletter
Branch Managers
Anita Hughes & Jessica Stewart
with the students of M.M. Pierce
Elementary School.
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On May 11, 2016 our McLean Branch went to Barcroft Elementary
School in Arlington County. They taught the kindergarten students
about saving. Celina and Tia helped the students put together carbon piggy banks with Sonabank logos. We read them the “Sam’s
Silly Saving Spots” story and had them participate in a game where
students decide which places were “More Safe” and “Less Safe” to
put their money.
Kate Ryan and Anita Hughes spent time networking at the Warrenton Chamber of Commerce Woman's Business Council Luncheon
with guest speaker: Virginia State Senator Jill Vogel. Empowering
Women to Succeed! It was a great Chamber event.
Our Upper Marlboro branch also had a fantastic time giving back
and sharing career information with the children at Brandywine
Elementary on April 22, 2016. They spoke to four classes
(kindergarten, 1st, 2nd and 5th grade) and shared with them the
importance of math, reading, writing when working in a bank.
Tia Pham and Celina Cuadro of the
Mclean Branch
with students from Barcroft
Arlinda Harris and
Priscilla Reynolds
of the Upper Marlboro Branch
Anita Hughes and Kate Ryan
On March 5th the Midlothian Branch participated and volunteered for an event called
Cinderella Dreams. They were ‘Fairy Godmothers’ and assisted teen girls in finding
the perfect dress. Cinderella Dreams is an event put together by the Midlothian Junior
Women’s Club. Area high school senior girls can come to shop for their Prom dress
and accessories for a $5.00 donation. The community donates New/like-new prom/
evening gowns (recent style from 2010 or later), evening bags, new unopened cosmetics, perfume, jewelry and new unopened hosiery, hair accessories and hair spray.
The Midlothian Branch participates each year. Employees of Sonabank donate items
that the branch takes with them to the event. This is a great event that really helps the
young girls in their community. Every girl deserves to feel like a princess and this
helps them to access the tools to make their prom night a fashion success.
Midlothian Branch
The Clifton Forge Branch sponsored the 20th Alleghany Highlands Bike Rodeo on May 7th.
This event is organized by the local law enforcement agencies to promote bicycle safety for area
youth. Equipment, including 150 bikes, are given away to boys and girls who participate in the
event. Sonabank is proud to sponsor such events. We care about the communities we live and
work in. We appreciate our local law enforcement and we do our best to work with them in any
way we can to help the people in our communities. No matter how large our bank gets, we will
always maintain our small town feel.
Sgt. Chris Fisher of the Alleghany Sheriff’s Department
and Amber Bess, Sonabank Teller ,Clifton forge Branch
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Sonabank New sletter
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Sonabank was an exhibitor at a Bethesda-Chevy Chase
Chamber event called ‘The Big Event 2’. Our Branch Manager, Sabri Math, of our Bethesda branch, promoted the bank
and spoke to potential clients about our fantastic products
and services.
There were approximately 350 people in attendance and featured many local businesses in and around Bethesda and
Montgomery County.
Sabri Math
MARYLAND
BETHESDA BRANCH
7700 Wisconsin Ave.
Bethesda, MD 20814
301.215.6322
MIDLOTHIAN BRANCH
13804 Hull Street Road
Midlothian, VA 23112
804.521.6585
BRANDYWINE BRANCH
14118 Brandywine Rd
PO Box 255
Brandywine, MD 20613
240.681.3784
MCLEAN BRANCH &
HEADQUARTERS
6830 Old Dominion Drive
McLean, VA 22101
703.893.7400
FREDERICK BRANCH
37 North Market Street
Frederick, MD 21701
301.662.5086
NEW MARKET BRANCH
9484 Congress Street
New Market, VA 22844
540.740.3898
HUNTINGTOWN BRANCH
4009 Old Town Road
PO Box 1326
Huntingtown, MD 20639
410.535.3760
OLD TOWN WARRENTON
BRANCH
11A Main Street
Warrenton, VA 20186
540.428.3435
VIRGINIA
CLIFTON FORGE
BRANCH
511 Main Street
OWINGS BRANCH
137 E. Chesapeake Beach Road Clifton Forge, VA 24422
540.862.4251
Owings, MD 20736
301.855.3600
ROCKVILLE BRANCH
11200 Rockville Pike #105
Rockville, MD 20852
301.881.1900
SHADY GROVE BRANCH
9707 Medical Center Drive
Suite 150
Rockville, MD 20850
301.838.2307
UPPER MARLBORO
BRANCH
14804 Pratt Street
Upper Marlboro, MD 20772
301.627.3504
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Sonabank New sletter
FAIRFAX BRANCH
10855 Fairfax Boulevard
Fairfax, VA 22030
703.273.0050
HAYMARKET BRANCH
6719 Lea Berry Way
Haymarket, VA 20169
571.248.6459
LEESBURG BRANCH
1 East Market Street
Leesburg, VA 20176
703.777.2424
LEESBURG DRIVE THRU
10 West Market Street
FOREST LAKES BRANCH Leesburg, VA 20176
1770 Timberwood Blvd. #100 703.443.8770
Charlottesville, VA 22911
434.973.5242
MIDDLEBURG BRANCH
FRONT ROYAL
10 West Washington Street
1 South Royal Avenue
PO Box 423
Front Royal, VA 22630
Middleburg, VA 20117
540.631.1185
540.687.3893
RESTON BRANCH
11527 Sunrise Valley Drive
Reston, VA 20191
703.860.8088
SOUTH RIDING BRANCH
43086 Peacock Market Plaza
South Riding, VA 20152
703.327.1700
WARRENTON BRANCH
& LOAN PRODUCTION
OFFICE
550 Broadview Ave., Suite LL1
Warrenton, VA 20186
540.347.4521
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