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From monthly archives: October 2024

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ODNB Financial Corporation Reports Third Quarter 2024 Financial Results

TYSONS CORNER, Va., October 31, 2024 – ODNB Financial Corporation (“ODNB” or the “Company”), the holding company for Old Dominion National Bank (the “Bank”) and its Centre 1st Bank division (“Centre 1st Bank”), reported financial results for the third quarter ended September 30, 2024.

“With the support of our Board, shareholders, and teammates, we have built deep and enduring relationships with our local customers,” said Chief Executive Officer and Chairman Mark Merrill. “Core deposit relationships are central to our funding strategy and fuel the in-market lending activity that has made ODNB one of the fastest growing community banks in the country. The success of these efforts continued to pay off in the third quarter.” Mr. Merrill added: “Double digit loan growth and improved net interest margin boosted net interest income and total revenues to new record levels. With strong pipelines, abundant liquidity and capital strength, we are well positioned to continue executing our growth strategy through the end of 2024, and into the new year.”

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ODNB Financial Corporation Reports Second Quarter 2024 Financial Results

TYSONS CORNER, Va., August 6, 2024 – ODNB Financial Corporation (“ODNB” or the “Company”), the holding company for Old Dominion National Bank (the “Bank”) and its Centre 1st Bank division (“Centre 1st Bank”), reported financial results for the second quarter ended June 30, 2024.

“We are incredibly proud of ODNB’s record as one of the fastest growing community banks in the country, thanks to the dedication of our talented team of highly experienced bankers and the incredible support of our local shareholders and customers,” Chairman and Chief Executive Officer Mark Merrill said. “ODNB’s ability to fully fund double-digit loan growth through new deposit relationships has been key to our success in executing our organic growth plan. We expect to continue this growth momentum in the second half of the year.”

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