Virginia National Bankshares Corporation VABK FDIC assessments
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Where this comes from
Reported directly by Virginia National Bankshares Corporation in its filing.
Tagged under the XBRL concept us-gaap:FederalDepositInsuranceCorporationPremiumExpense.
The official record: Virginia National Bankshares Corporation’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Virginia National Bankshares Corporation's FDIC assessments?
- Virginia National Bankshares Corporation (VABK) reported FDIC assessments of $175K in Q1 2026.
- How has Virginia National Bankshares Corporation's FDIC assessments changed year-over-year?
- Virginia National Bankshares Corporation's FDIC assessments increased by 20.7% year-over-year, from $145K to $175K.
- What is the long-term trend for Virginia National Bankshares Corporation's FDIC assessments?
- Over 4 years (2021 to 2025), Virginia National Bankshares Corporation's FDIC assessments has grown at a -2.2% compound annual growth rate (CAGR), from $858K to $785K.
- What does FDIC assessments mean?
- This represents the mandatory insurance premiums paid by the bank to the FDIC to protect customer deposits. These assessments are based on the bank's deposit base and risk profile as determined by regulators. It is a non-discretionary expense that directly impacts the bank's net interest margin and overall profitability.