Press Releases


 

Press Releases


 
Press Releases
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Sep 28, 2009
MCLEAN, Va., Sept. 28, 2009 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia, Inc. (Nasdaq:SONA), the holding company for Sonabank, is now open for business in its newly acquired branch in Warrenton, Virginia on Monday, September 28th. Under a previously announced agreement, Sonabank acquired selected loans and assumed approximately $26...
Jul 24, 2009
MCLEAN, Va., July 24, 2009 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia Inc. (Nasdaq:SONA), the holding company for Sonabank, announced today that net income for the quarter ended June 30, 2009 was $23 thousand and $549 thousand for the six months ended June 30, 2009 compared to $450 thousand and $951 thousand during the second quar...
Jun 22, 2009
MCLEAN, Va., June 22, 2009 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia, Inc. (Nasdaq:SONA), the holding company for Sonabank, announced today that Sonabank has entered into a definitive agreement to purchase the Warrenton branch office, acquire approximately $26 million in selected loans and to assume approximately $26 million of t...
May 12, 2009
MCLEAN, Va., May 12, 2009 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia Inc. (Nasdaq:SONA), the holding company for Sonabank, announced today that the bank had received an award from the Richmond District of the SBA for being the leading community bank originator of SBA loans during the year ended 9/30/08. Results of the five leading...
Apr 23, 2009
MCLEAN, Va., April 23, 2009 (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, 2009 was $526 thousand compared to $501 thousand during the quarter ended March 31, 2008. Our earnings are up despite three serious h...
Mar 4, 2009
MCLEAN, Va., March 4, 2009 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia, Inc. (Nasdaq:SONA) announced today that its banking subsidiary, Sonabank, has completed the design and the coding of SABL, a state of the art asset based lending system and has begun beta testing of the system with two clients. One of the clients is a major gov...
Jan 22, 2009
MCLEAN, Va., Jan. 22, 2009 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia, Inc. (Nasdaq:SONA) announced today that net income for the year ended December 31, 2008, was $1.2 million compared to $1.7 million in the year ended December 31, 2007. Southern National Bancorp's earnings in both 2008 and 2007 were adversely affected b...
Jan 5, 2009
MCLEAN, Va., Jan. 5, 2009 (GLOBE NEWSWIRE) -- Georgia S. Derrico, Chairman and CEO of Southern National Bancorp of Virginia Inc. (Nasdaq:SONA), announced today that Sonabank has moved its headquarters to McLean, Virginia and has changed from a nationally chartered bank to a state chartered bank. The relocation of the headquarters to Mc...
Jan 5, 2009
MCLEAN, Va., Jan. 5, 2009 (GLOBE NEWSWIRE) -- Georgia S. Derrico, Chairman and CEO of Southern National Bancorp of Virginia Inc. (Nasdaq:SONA), announced today that Sonabank has moved its headquarters to McLean, Virginia and has changed from a nationally chartered bank to a state chartered bank. The relocation of the headquarters to Mc...
Nov 14, 2008
CHARLOTTESVILLE, Va., Nov. 14, 2008 (GLOBE NEWSWIRE) -- After careful consideration, the management and the Board of Directors of Southern National Bank of Virginia, Inc. (Nasdaq:SONA) have decided not to apply to participate in the Treasury Department's Capital Purchase Program (the "CPP"). Georgia S. Derrico, Chairman and CEO of Southe...
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