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From monthly archives: January 2025

We are pleased to present below all posts archived in 'January 2025'. If you still can't find what you are looking for, try using the search box.

ODNB Financial Corporation Announces Fourth Quarter 2024 Earnings; Record Quarterly Pretax Income of $2.4 Million as Net Interest Income and Margin Continue to Improve

TYSONS CORNER, Va., January 30, 2025 – 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 fourth quarter and year ended December 31, 2024.

“Our ability to deliver nine consecutive years of healthy balance sheet growth, is the product of our commitment to serve the dynamic needs of sophisticated local customers who value our team’s unmatched expertise and responsiveness,” Chief Executive Officer and Chairman Mark Merrill said. “With our significant earnings, revenue and net interest margin growth in the fourth quarter, we begin 2025 with strong asset quality, capital and liquidity positions that will position us to continue the profitable growth of our in-market lending and core deposit franchises for the benefit of our shareholders, customers, and community.”

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David P. Wilson, Jr. And Matthew Fry join ODNB To Lead New Wealth Management Division

TYSONS CORNER, Va., January 15, 2025 – Old Dominion National Bank (“ODNB”) is pleased to announce the appointment of David P. Wilson Jr. as Managing Director, and Matthew Fry, CFP, as Vice President, to lead ODNB Wealth Management, a division of ODNB. Together, they have over 50 years of experience in the financial services industry, most recently managing more than $560 million in client assets at J.P Morgan Securities.

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