Virginia National Bankshares Corporation VABK Data processing and equipment
Discontinued — last reported Q1 '26
Data processing and equipment at other companies
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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:InformationTechnologyAndDataProcessing.
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 data processing and equipment?
- Virginia National Bankshares Corporation (VABK) reported data processing and equipment of $550K in Q1 2026.
- How has Virginia National Bankshares Corporation's data processing and equipment changed year-over-year?
- Virginia National Bankshares Corporation's data processing and equipment decreased by 25.2% year-over-year, from $735K to $550K.
- What is the long-term trend for Virginia National Bankshares Corporation's data processing and equipment?
- Over 4 years (2021 to 2025), Virginia National Bankshares Corporation's data processing and equipment has grown at a -7.5% compound annual growth rate (CAGR), from $2.79M to $2.04M.
- What does data processing and equipment mean?
- This metric encompasses the expenses related to the bank's core processing systems, network infrastructure, and outsourced data management services. It is a fundamental operational cost required to support secure and reliable banking transactions. High levels of investment here are often necessary to maintain competitive digital banking capabilities and cybersecurity standards.