401k Plan data: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK plan

VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 401k Plan overview

Plan Name	VBA DEFINED CONTRIBUTION PLAN FOR SONABANK
Plan identification number	001

VBA DEFINED CONTRIBUTION PLAN FOR SONABANK Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

PRIMIS BANK has sponsored the creation of one or more 401k plans.

Company Name: PRIMIS BANK

Employer identification number (EIN): 202453966

NAIC Classification: 551111
NAIC Description: Offices of Bank Holding Companies

Additional information about PRIMIS BANK

Jurisdiction of Incorporation: Virginia Secretary of State

Incorporation Date: 2008-11-12

Company Identification Number: 0702004

Legal Registered Office Address: 6830 OLD DOMINION DRIVE

MCLEAN
United States of America (USA)
22101

More information about PRIMIS BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VBA DEFINED CONTRIBUTION PLAN FOR SONABANK

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01
001 2017-01-01 BOBBI WEIMER SHARON TAYLOR 2018-08-08
001 2016-01-01 LAURIE MILLIGAN SHARON TAYLOR 2017-06-16
001 2015-01-01 LAURIE MILLIGAN SHARON TAYLOR 2016-06-30
001 2014-01-01 BETTE J. ALBERT SHARON TAYLOR 2015-07-09
001 2013-01-01 BETTE J. ALBERT SHARON TAYLOR 2014-07-16
001 2012-01-01 BETTE J. ALBERT WILLIAM H. LAGOS 2013-09-20
001 2011-01-01 BETTE J. ALBERT WILLIAM H. LAGOS 2012-04-18
001 2010-01-01 BETTE J. ALBERT WILLIAM H. LAGOS 2011-06-27
001 2009-01-01 BETTE J ALBERT WILLIAM H. LAGOS 2010-08-11

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2018-01-01
001	2017-01-01	BOBBI WEIMER	SHARON TAYLOR	2018-08-08
001	2016-01-01	LAURIE MILLIGAN	SHARON TAYLOR	2017-06-16
001	2015-01-01	LAURIE MILLIGAN	SHARON TAYLOR	2016-06-30
001	2014-01-01	BETTE J. ALBERT	SHARON TAYLOR	2015-07-09
001	2013-01-01	BETTE J. ALBERT	SHARON TAYLOR	2014-07-16
001	2012-01-01	BETTE J. ALBERT	WILLIAM H. LAGOS	2013-09-20
001	2011-01-01	BETTE J. ALBERT	WILLIAM H. LAGOS	2012-04-18
001	2010-01-01	BETTE J. ALBERT	WILLIAM H. LAGOS	2011-06-27
001	2009-01-01	BETTE J ALBERT	WILLIAM H. LAGOS	2010-08-11

Plan Statistics for VBA DEFINED CONTRIBUTION PLAN FOR SONABANK

401k plan membership statisitcs for VBA DEFINED CONTRIBUTION PLAN FOR SONABANK

Measure Date Value
2018: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2018 401k membership
Total participants, beginning-of-year 2018-01-01 159
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 0
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 0
Number of participants with account balances 2018-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2017 401k membership
Total participants, beginning-of-year 2017-01-01 179
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 138
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 21
Total of all active and inactive participants 2017-01-01 159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 159
Number of participants with account balances 2017-01-01 109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2016 401k membership
Total participants, beginning-of-year 2016-01-01 173
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 163
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 16
Total of all active and inactive participants 2016-01-01 179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 179
Number of participants with account balances 2016-01-01 123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2015 401k membership
Total participants, beginning-of-year 2015-01-01 185
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 158
Number of retired or separated participants receiving benefits 2015-01-01 2
Number of other retired or separated participants entitled to future benefits 2015-01-01 12
Total of all active and inactive participants 2015-01-01 172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 172
Number of participants with account balances 2015-01-01 121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 2
2014: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2014 401k membership
Total participants, beginning-of-year 2014-01-01 160
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 172
Number of retired or separated participants receiving benefits 2014-01-01 3
Number of other retired or separated participants entitled to future benefits 2014-01-01 10
Total of all active and inactive participants 2014-01-01 185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 185
Number of participants with account balances 2014-01-01 110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 2
2013: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2013 401k membership
Total participants, beginning-of-year 2013-01-01 146
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 140
Number of retired or separated participants receiving benefits 2013-01-01 2
Number of other retired or separated participants entitled to future benefits 2013-01-01 12
Total of all active and inactive participants 2013-01-01 154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 154
Number of participants with account balances 2013-01-01 91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 3
2012: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2012 401k membership
Total participants, beginning-of-year 2012-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 134
Number of retired or separated participants receiving benefits 2012-01-01 1
Number of other retired or separated participants entitled to future benefits 2012-01-01 10
Total of all active and inactive participants 2012-01-01 145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 145
Number of participants with account balances 2012-01-01 83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2011 401k membership
Total participants, beginning-of-year 2011-01-01 113
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 115
Number of retired or separated participants receiving benefits 2011-01-01 2
Number of other retired or separated participants entitled to future benefits 2011-01-01 7
Total of all active and inactive participants 2011-01-01 124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 125
Number of participants with account balances 2011-01-01 68
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2010 401k membership
Total participants, beginning-of-year 2010-01-01 111
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 108
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 5
Total of all active and inactive participants 2010-01-01 113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 113
Number of participants with account balances 2010-01-01 60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 1
2009: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2009 401k membership
Total participants, beginning-of-year 2009-01-01 65
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 71
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 1
Total of all active and inactive participants 2009-01-01 72
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 72
Number of participants with account balances 2009-01-01 46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2018: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2018 401k membership
Total participants, beginning-of-year	2018-01-01	159
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	0
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	0
Number of participants with account balances	2018-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2017 401k membership
Total participants, beginning-of-year	2017-01-01	179
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	138
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	21
Total of all active and inactive participants	2017-01-01	159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	159
Number of participants with account balances	2017-01-01	109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2016 401k membership
Total participants, beginning-of-year	2016-01-01	173
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	163
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	16
Total of all active and inactive participants	2016-01-01	179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	179
Number of participants with account balances	2016-01-01	123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2015 401k membership
Total participants, beginning-of-year	2015-01-01	185
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	158
Number of retired or separated participants receiving benefits	2015-01-01	2
Number of other retired or separated participants entitled to future benefits	2015-01-01	12
Total of all active and inactive participants	2015-01-01	172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	172
Number of participants with account balances	2015-01-01	121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	2
2014: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2014 401k membership
Total participants, beginning-of-year	2014-01-01	160
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	172
Number of retired or separated participants receiving benefits	2014-01-01	3
Number of other retired or separated participants entitled to future benefits	2014-01-01	10
Total of all active and inactive participants	2014-01-01	185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	185
Number of participants with account balances	2014-01-01	110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	2
2013: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2013 401k membership
Total participants, beginning-of-year	2013-01-01	146
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	140
Number of retired or separated participants receiving benefits	2013-01-01	2
Number of other retired or separated participants entitled to future benefits	2013-01-01	12
Total of all active and inactive participants	2013-01-01	154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	154
Number of participants with account balances	2013-01-01	91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	3
2012: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2012 401k membership
Total participants, beginning-of-year	2012-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	134
Number of retired or separated participants receiving benefits	2012-01-01	1
Number of other retired or separated participants entitled to future benefits	2012-01-01	10
Total of all active and inactive participants	2012-01-01	145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	145
Number of participants with account balances	2012-01-01	83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2011 401k membership
Total participants, beginning-of-year	2011-01-01	113
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	115
Number of retired or separated participants receiving benefits	2011-01-01	2
Number of other retired or separated participants entitled to future benefits	2011-01-01	7
Total of all active and inactive participants	2011-01-01	124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	125
Number of participants with account balances	2011-01-01	68
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2010 401k membership
Total participants, beginning-of-year	2010-01-01	111
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	108
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	5
Total of all active and inactive participants	2010-01-01	113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	113
Number of participants with account balances	2010-01-01	60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	1
2009: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2009 401k membership
Total participants, beginning-of-year	2009-01-01	65
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	71
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	1
Total of all active and inactive participants	2009-01-01	72
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	72
Number of participants with account balances	2009-01-01	46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on VBA DEFINED CONTRIBUTION PLAN FOR SONABANK

Measure	Date	Value
2018 : VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total transfer of assets from this plan	2018-12-31	$5,867,072
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$112,382
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$290
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$0
Value of total assets at end of year	2018-12-31	$0
Value of total assets at beginning of year	2018-12-31	$5,754,980
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$290
Total interest from all sources	2018-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$295
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$295
Administrative expenses professional fees incurred	2018-12-31	$290
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Participant contributions at beginning of year	2018-12-31	$38,810
Total non interest bearing cash at beginning of year	2018-12-31	$53,286
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$112,092
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$5,754,980
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$3,486,409
Value of interest in common/collective trusts at beginning of year	2018-12-31	$1,069,139
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$112,087
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Assets. Invements in employer securities at beginning of year	2018-12-31	$1,107,336
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2018-12-31	Yes
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	No
Opinion of an independent qualified public accountant for this plan	2018-12-31	Unqualified
Accountancy firm name	2018-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2018-12-31	560747981
2017 : VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$1,169,814
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$236,983
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$223,101
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$551,851
Value of total assets at end of year	2017-12-31	$5,754,980
Value of total assets at beginning of year	2017-12-31	$4,822,149
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$13,882
Total interest from all sources	2017-12-31	$1,762
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$204,365
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$204,365
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$416,052
Participant contributions at end of year	2017-12-31	$38,810
Participant contributions at beginning of year	2017-12-31	$53,554
Participant contributions at beginning of year	2017-12-31	$17,378
Total non interest bearing cash at end of year	2017-12-31	$53,286
Total non interest bearing cash at beginning of year	2017-12-31	$58,515
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$932,831
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$5,754,980
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$4,822,149
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$3,486,409
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$2,992,646
Interest on participant loans	2017-12-31	$1,762
Value of interest in common/collective trusts at end of year	2017-12-31	$1,069,139
Value of interest in common/collective trusts at beginning of year	2017-12-31	$538,611
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$366,171
Net investment gain or loss from common/collective trusts	2017-12-31	$45,665
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Assets. Invements in employer securities at end of year	2017-12-31	$1,107,336
Assets. Invements in employer securities at beginning of year	2017-12-31	$1,025,400
Contributions received in cash from employer	2017-12-31	$135,799
Employer contributions (assets) at beginning of year	2017-12-31	$136,045
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$223,101
Contract administrator fees	2017-12-31	$13,882
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	No
Opinion of an independent qualified public accountant for this plan	2017-12-31	Unqualified
Accountancy firm name	2017-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2017-12-31	560747981
2016 : VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2016-12-31	$387,694
Total unrealized appreciation/depreciation of assets	2016-12-31	$387,694
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$1,066,547
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$125,827
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$115,369
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$584,169
Value of total assets at end of year	2016-12-31	$4,822,149
Value of total assets at beginning of year	2016-12-31	$3,881,429
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$10,458
Total interest from all sources	2016-12-31	$2,041
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$92,643
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$92,643
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$418,819
Participant contributions at end of year	2016-12-31	$53,554
Participant contributions at beginning of year	2016-12-31	$61,733
Participant contributions at end of year	2016-12-31	$17,378
Participant contributions at beginning of year	2016-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$29,305
Total non interest bearing cash at end of year	2016-12-31	$58,515
Total non interest bearing cash at beginning of year	2016-12-31	$34,788
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$940,720
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$4,822,149
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$3,881,429
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$2,992,646
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$2,495,749
Interest on participant loans	2016-12-31	$2,041
Value of interest in common/collective trusts at end of year	2016-12-31	$538,611
Value of interest in common/collective trusts at beginning of year	2016-12-31	$464,696
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Assets. Invements in employer securities at end of year	2016-12-31	$1,025,400
Assets. Invements in employer securities at beginning of year	2016-12-31	$695,301
Contributions received in cash from employer	2016-12-31	$136,045
Employer contributions (assets) at end of year	2016-12-31	$136,045
Employer contributions (assets) at beginning of year	2016-12-31	$129,162
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$115,369
Contract administrator fees	2016-12-31	$10,458
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2016-12-31	Yes
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	No
Opinion of an independent qualified public accountant for this plan	2016-12-31	Unqualified
Accountancy firm name	2016-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2016-12-31	560747981
2015 : VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2015-12-31	$113,964
Total unrealized appreciation/depreciation of assets	2015-12-31	$113,964
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$590,677
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$296,226
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$284,640
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$502,099
Value of total assets at end of year	2015-12-31	$3,881,429
Value of total assets at beginning of year	2015-12-31	$3,586,978
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$11,586
Total interest from all sources	2015-12-31	$1,409
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$159,589
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$159,589
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$365,039
Participant contributions at end of year	2015-12-31	$61,733
Participant contributions at beginning of year	2015-12-31	$59,201
Participant contributions at end of year	2015-12-31	$0
Participant contributions at beginning of year	2015-12-31	$13,754
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$7,898
Total non interest bearing cash at end of year	2015-12-31	$34,788
Total non interest bearing cash at beginning of year	2015-12-31	$8,864
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$294,451
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$3,881,429
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$3,586,978
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Investment advisory and management fees	2015-12-31	$7,433
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$2,495,749
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$2,562,624
Interest on participant loans	2015-12-31	$1,409
Value of interest in common/collective trusts at end of year	2015-12-31	$464,696
Value of interest in common/collective trusts at beginning of year	2015-12-31	$236,405
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-194,456
Net investment gain or loss from common/collective trusts	2015-12-31	$8,072
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Assets. Invements in employer securities at end of year	2015-12-31	$695,301
Assets. Invements in employer securities at beginning of year	2015-12-31	$603,685
Contributions received in cash from employer	2015-12-31	$129,162
Employer contributions (assets) at end of year	2015-12-31	$129,162
Employer contributions (assets) at beginning of year	2015-12-31	$102,445
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$284,640
Contract administrator fees	2015-12-31	$4,153
Liabilities. Value of benefit claims payable at beginning of year	2015-12-31	$0
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	No
Opinion of an independent qualified public accountant for this plan	2015-12-31	Unqualified
Accountancy firm name	2015-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2015-12-31	560747981
2014 : VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2014-12-31	$75,818
Total unrealized appreciation/depreciation of assets	2014-12-31	$75,818
Total transfer of assets to this plan	2014-12-31	$1,273,173
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$26,905
Total income from all sources (including contributions)	2014-12-31	$618,473
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$843,193
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$833,672
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$432,209
Value of total assets at end of year	2014-12-31	$3,586,978
Value of total assets at beginning of year	2014-12-31	$2,565,430
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$9,521
Total interest from all sources	2014-12-31	$2,231
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$139,574
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$139,574
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$308,243
Participant contributions at end of year	2014-12-31	$59,201
Participant contributions at beginning of year	2014-12-31	$64,246
Participant contributions at end of year	2014-12-31	$13,754
Participant contributions at beginning of year	2014-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$21,521
Administrative expenses (other) incurred	2014-12-31	$136
Total non interest bearing cash at end of year	2014-12-31	$8,864
Total non interest bearing cash at beginning of year	2014-12-31	$473
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$-224,720
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$3,586,978
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$2,538,525
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$5,018
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$2,562,624
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$1,708,865
Interest on participant loans	2014-12-31	$2,231
Value of interest in common/collective trusts at end of year	2014-12-31	$236,405
Value of interest in common/collective trusts at beginning of year	2014-12-31	$240,736
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$-34,806
Net investment gain or loss from common/collective trusts	2014-12-31	$3,447
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Assets. Invements in employer securities at end of year	2014-12-31	$603,685
Assets. Invements in employer securities at beginning of year	2014-12-31	$447,903
Contributions received in cash from employer	2014-12-31	$102,445
Employer contributions (assets) at end of year	2014-12-31	$102,445
Employer contributions (assets) at beginning of year	2014-12-31	$103,207
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$833,672
Contract administrator fees	2014-12-31	$4,367
Liabilities. Value of benefit claims payable at end of year	2014-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2014-12-31	$26,905
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2014-12-31	560747981
2013 : VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$73,333
Total unrealized appreciation/depreciation of assets	2013-12-31	$73,333
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$26,905
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$30,362
Total income from all sources (including contributions)	2013-12-31	$767,579
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$51,075
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$43,166
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$392,650
Value of total assets at end of year	2013-12-31	$2,565,430
Value of total assets at beginning of year	2013-12-31	$1,852,383
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$7,909
Total interest from all sources	2013-12-31	$2,490
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$58,663
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$58,663
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$273,207
Participant contributions at end of year	2013-12-31	$64,246
Participant contributions at beginning of year	2013-12-31	$69,385
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$18,301
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$16,001
Total non interest bearing cash at end of year	2013-12-31	$473
Total non interest bearing cash at beginning of year	2013-12-31	$1,539
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$716,504
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$2,538,525
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$1,822,021
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Investment advisory and management fees	2013-12-31	$3,878
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$1,708,865
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$1,149,607
Interest on participant loans	2013-12-31	$2,490
Value of interest in common/collective trusts at end of year	2013-12-31	$240,736
Value of interest in common/collective trusts at beginning of year	2013-12-31	$197,718
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$235,800
Net investment gain or loss from common/collective trusts	2013-12-31	$4,643
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Assets. Invements in employer securities at end of year	2013-12-31	$447,903
Assets. Invements in employer securities at beginning of year	2013-12-31	$320,978
Contributions received in cash from employer	2013-12-31	$103,442
Employer contributions (assets) at end of year	2013-12-31	$103,207
Employer contributions (assets) at beginning of year	2013-12-31	$94,855
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$43,166
Contract administrator fees	2013-12-31	$4,031
Liabilities. Value of benefit claims payable at end of year	2013-12-31	$26,905
Liabilities. Value of benefit claims payable at beginning of year	2013-12-31	$30,362
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2013-12-31	560747981
2012 : VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$74,591
Total unrealized appreciation/depreciation of assets	2012-12-31	$74,591
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$30,362
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$639,678
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$34,088
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$28,419
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$427,737
Value of total assets at end of year	2012-12-31	$1,852,383
Value of total assets at beginning of year	2012-12-31	$1,216,431
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$5,669
Total interest from all sources	2012-12-31	$3,760
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$29,899
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$29,899
Administrative expenses professional fees incurred	2012-12-31	$2,501
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$200,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$239,779
Participant contributions at end of year	2012-12-31	$69,385
Participant contributions at beginning of year	2012-12-31	$85,989
Participant contributions at end of year	2012-12-31	$18,301
Participant contributions at beginning of year	2012-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$25,728
Total non interest bearing cash at end of year	2012-12-31	$1,539
Total non interest bearing cash at beginning of year	2012-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$605,590
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$1,822,021
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$1,216,431
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Investment advisory and management fees	2012-12-31	$2,868
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$1,149,607
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$787,966
Interest on participant loans	2012-12-31	$3,760
Value of interest in common/collective trusts at end of year	2012-12-31	$197,718
Value of interest in common/collective trusts at beginning of year	2012-12-31	$160,504
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$98,928
Net investment gain or loss from common/collective trusts	2012-12-31	$4,763
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Assets. Invements in employer securities at end of year	2012-12-31	$320,978
Assets. Invements in employer securities at beginning of year	2012-12-31	$181,972
Contributions received in cash from employer	2012-12-31	$162,230
Employer contributions (assets) at end of year	2012-12-31	$94,855
Employer contributions (assets) at beginning of year	2012-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$28,419
Contract administrator fees	2012-12-31	$300
Liabilities. Value of benefit claims payable at end of year	2012-12-31	$30,362
Liabilities. Value of benefit claims payable at beginning of year	2012-12-31	$0
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	No
Opinion of an independent qualified public accountant for this plan	2012-12-31	Unqualified
Accountancy firm name	2012-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2012-12-31	560747981
2011 : VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2011 401k financial data
Total income from all sources	2011-12-31	$199,023
Expenses. Total of all expenses incurred	2011-12-31	$85,090
Benefits paid (including direct rollovers)	2011-12-31	$55,912
Total plan assets at end of year	2011-12-31	$1,216,431
Total plan assets at beginning of year	2011-12-31	$1,102,498
Value of fidelity bond covering the plan	2011-12-31	$200,000
Total contributions received or receivable from participants	2011-12-31	$228,923
Contributions received from other sources (not participants or employers)	2011-12-31	$23,544
Other income received	2011-12-31	$-53,444
Net income (gross income less expenses)	2011-12-31	$113,933
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,216,431
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,102,498
Assets. Value of participant loans	2011-12-31	$85,989
Assets. Value of employer securities	2011-12-31	$181,972
Value of corrective distributions	2011-12-31	$25,374
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$3,804
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2010 401k financial data
Total income from all sources	2010-12-31	$393,285
Expenses. Total of all expenses incurred	2010-12-31	$102,198
Benefits paid (including direct rollovers)	2010-12-31	$99,272
Total plan assets at end of year	2010-12-31	$1,102,498
Total plan assets at beginning of year	2010-12-31	$811,411
Value of fidelity bond covering the plan	2010-12-31	$200,000
Total contributions received or receivable from participants	2010-12-31	$234,497
Other income received	2010-12-31	$94,581
Net income (gross income less expenses)	2010-12-31	$291,087
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,102,498
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$811,411
Assets. Value of participant loans	2010-12-31	$78,016
Assets. Value of employer securities	2010-12-31	$184,311
Total contributions received or receivable from employer(s)	2010-12-31	$64,207
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$2,926
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for VBA DEFINED CONTRIBUTION PLAN FOR SONABANK

2018: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	Yes
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: VBA DEFINED CONTRIBUTION PLAN FOR SONABANK 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PRIMIS BANK
Employer identification number (EIN):	202453966
NAIC Classification:	551111
NAIC Description:	Offices of Bank Holding Companies

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	2008-11-12
Company Identification Number:	0702004
Legal Registered Office Address:	6830 OLD DOMINION DRIVE MCLEAN United States of America (USA) 22101