Colonial Virginia Bank Announces 1st Quarter 2012 Operating Results

GLOUCESTER, Va., April 25, 2012 /PRNewswire/ --  Colonial Virginia Bank (OTCBB: CNVB) ("the Bank"), today reported a net operating loss of ($151,977), or ($0.25) per share assuming dilution, for the quarter ended March 31, 2012, compared to net income of $127,891, or $0.21 per share assuming dilution, for the same period in 2011.  Return on average assets was (0.46%) for the current quarter compared to 0.44% for March 31, 2011.   The decline was predominantly due to the continue...continued CNVB  loan Banking savings

URL: http://www.investorpoint.com/news/INTHPINK/50677738/