trending Market Intelligence /marketintelligence/en/news-insights/trending/kJfOgQA9uETIsmLFLU_ZYQ2 content esgSubNav
In This List

Virginia-based Village Bank names market prez

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Virginia-based Village Bank names market prez

Bill Carr was appointed Peninsula market president at Midlothian, Va.-based Village Bank.

Carr leads the new venture in connection with the bank's announcement that it has entered the Williamsburg, Va., market with the establishment of a loan production office and a full-service branch.

Joining Carr is Mike Maddocks, who serves as senior vice president with a focus on commercial banking.

Carr most recently served as Peninsula market president at Monarch Bank, while Maddocks was Williamsburg City executive for Middleburg Bank.

Village Bank is a unit of Village Bank and Trust Financial Corp., which reported third-quarter net income available to common shareholders of $160,000, or 11 cents per share. That compares to the year-ago period's $11.7 million, or $8.21 per share, which was positively impacted by the reversal of a $12.0 million valuation allowance previously recorded against the net deferred tax asset, according to the release.