Southern National Bancorp of Virginia Inc. reports earn

Transcription

Southern National Bancorp of Virginia Inc. reports earn
Volume Nine
Issue Four
4th Quarter 2015
In this
Issue:
Page 1
 Groundbreaking
of YMCA
 Press Release
 The Christmas
Mother Program
Page 2
Ron McKay
Sona Holiday
Party


Page 3
 Halloween Fun
 Paul Aliloo
 Fitness Equation
Page 4
Employee of the
Quarter
 Locations

Sonabank’s New
Mobile App is
Here!
On November 5, 2015, the Piedmont Family
YMCA located in Charlottesville,VA broke ground
on a new 77,000 square foot state of the art facility.
This day has been 21 years in the making. Sonabank
was an integral part to making this dream a reality
thanks to the help of Tom Baker and Charles Bruce
from the Court Square office in Charlottesville.
The new facility will feature a 10 lane competition pool, a double basketball gymnasium, a suspended walking track, locker rooms, and multiple
work out facilities and meeting rooms. Sonabank is
proud to be a part of the community and to support
the community in which we operate.
Southern National Bancorp of Virginia Inc. reports earnings of $9.3 million for 2015, up 24% from $7.5 million in
2014. Declares seventeenth consecutive regular dividend.
McLean, Virginia, January 21, 2016 – Southern National Bancorp of Virginia, Inc. (“Southern National”) announced today that net income for the year ended December 31, 2015 was $9.3 million compared to $7.5
million for the year ended December 31, 2014. In addition, Southern National declared a regular quarterly dividend of $.08 per share payable on February 19, 2016 to shareholders of record on February 8, 2016. 2015 was
a solid year where we built on what we put in place in 2014 and 2013 – including the acquisition of Prince
George’s Federal Savings (PGFSB) and the purchase of a 44% interest in Southern Trust Mortgage (STM).
Total deposits were $825.3 million at December 31, 2015 compared to $742.4 million at December 31, 2014.
Noninterest-bearing demand deposits and NOW accounts were $111.8 million at December 31, 2015 up from
$94.6 million at December 31, 2014. Total assets of the Bancorp exceeded $1 billion for the first time. Total
assets were $916.6 million at year-end 2014.
Sonabank of Clifton Forge was recently in the
Virginian Review for their participation in The Christmas
Mother Program. The branch contributed toys and household goods, as well as, substantial monetary donations, all
from the staff, for the program. The Christmas Mother Program was started in the 1950’s to assist in the community
for those who are in need around the holidays. Our Clifton
Forge branch was happy to participate for such a great
cause.
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The Clifton Forge branch with their donations
Photo credit: Virginian Review
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Ron McKay, owner of Affordable Exterminators and Handyman, LLC was featured in America’s #1
Home Improvement Magazine. You can view the article on Richmond.TheHomeMag.com. He has been
proudly serving Richmond, Virginia’s homeowners and businesses since 1989. Ron is a family oriented man
and that carries over into his business as well. It shows in the way that he cares about his business, staff and
customers. He has been a part of the Sonabank family for many years and we are happy to have him as a customer and friend. Our Midlothian staff, particularly Charlene Benjamin and Naomi Hill, always enjoy seeing
Ron and his employees when they visit. If you are looking for an affordable exterminator and great service,
give Ron a call at the number below.
Affordableexterminators.com
(804) 744-3835
Located in Brandermill Midlothian, VA
Ron McKay
Beautiful holiday decorations
Lori and Joe Sprouse
Carroll Amos and Bob Neff
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Devon and the band
Sharon, Patrick and Bridget
Bonnie, Dianne and Robyn
Georgia and Bill
Kevin and Neva
Maureen and Richard North
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It is a tradition at Sonabank
for employees to dress up for Halloween. Sona has very creative and
fun staff who love to make our customers smile. Some of our branches
offer refreshments and candy to
customers and to the children
trick’or’treating.
Old Town Warrenton Branch
Midlothian Branch
Frederick Branch
At Sonabank, we have known Paul Aliloo for nearly three decades, as a customer
and a friend. Over the years, we have gotten to know his family and we consider them to
be some of our closest friends. His children have grown up in front of our eyes. Paul has
helped us on many occasions to decorate our branch locations (and even some of our personal homes!) with beautiful rugs and is well known in the Middleburg community for
having the best products, the best knowledge and the best service, just like Sonabank.
While we know he isn't closing his store just yet, we wish him all the best in his eventual
retirement.
-Sonabank Senior Management
Paul Aliloo & Family
Ahmad Kangarloo opened the first fitness center in 1990 in Fredericksburg, VA.
They subsequently designed and opened two additional clubs in Reston and Dale City.
They grew membership over the years and sold the business enterprise to Sport & Health
Club in 2000. The 15 year non-compete agreement has ended. They have opened a Fitness
Equation in January 2016 in One Loudoun. They offer a variety of activities and classes.
They have personal training, basketball, cycling, mind and body yoga, climbing wall and
cardio dance classes. They even have training programs for kids. Everything you need to
reach your fitness goals. After a good workout, you can relax in their day spa. Ahmad Kangarloo plans to develop additional locations of Fitness Equation after the first one is stabilized.
Devon, Marie and Ahmad
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Sonabank New sletter
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Robyn Reid, our Treasurer, VP has been with Sonabank since it’s inception and worked for it’s predecessor bank (Southern Financial) for more than a decade. One of Sona’s most dedicated employees, Robyn
can be found in her office by 7:30 am every day. Besides running the bank’s accounting department, Robyn
also performs several other functions for the bank, including running a detailed analysis on every municipal
bond that the bank invests in.
She lives in Warrenton and everyone at Sona knows Robyn’s son Josh as well. We’ve watched him
grow up into an impressive young man. He is attending his second year at Virginia Tech and working towards a degree in Communications with a minor in History. He already has a job broadcasting for the varsity
baseball team at Tech and we expect to see him do more of that in the future.
In 20 years, Robyn has never missed a Sonabank party and her smiling face can be found with our
CFO, Bill Lagos, Tim Armstrong, our Cashier, VP and Dianne Joynes, her right-hand woman in the accounting department. Thank you for your dedication and hard work for all of these years. Here’s to two more decades in the Sonabank family!
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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