MCLEAN, Va., April 25, 2013 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia Inc. (Nasdaq:SONA), the holding company for Sonabank, announced today that net income for the quarter ended March 31, 2013 was $1.5 million compared to $1.8 million during the quarter ended March 31, 2012. The decline was largely attributable to the fact that the first quarter of 2012 had benefitted from a gain on the sale of SBA loans in the amount of $657 thousand. Southern National had net income of $1.3 million in the fourth quarter of 2012.
Southern National Bancorp Of Virginia Inc. Reports Earnings For The First Quarter Of 2013 Of $1.5 Million And Declares A Dividend Of $.06
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts