| 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 |
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