MCLEAN, Va., Jan. 27, 2011 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia, Inc. (Nasdaq:SONA) announced today that net income for the year ended December 31, 2010 was $2.1 million down from $2.4 million for the year ended December 31, 2009. The decline was largely attributable to a fourth quarter loan loss provision of $4.8 million and corresponding charge-offs on two related loans which will be discussed in more detail below.
Southern National Bancorp Of Virginia Inc. Reports Earnings Of $2.1 Million For 2010, And A Fourth Quarter Loss Of $1 Million
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