SEC Filing Summary: Southern National Bancorp of Virginia, Inc.
Business Context and Reporting Period
This Form 8-K was filed by Southern National Bancorp of Virginia, Inc. on January 27, 2017. The report discloses the issuance of a press release detailing financial results for the three and twelve months ended December 31, 2016, and the declaration of a cash dividend.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the press release filed as Exhibit 99.1, which is incorporated by reference but not reproduced in this document.
Material Changes and Events
- Financial Results: Announcement of results for the quarter and full year ended December 31, 2016.
- Dividend Declaration: The company declared a dividend payable to shareholders of record as of February 13, 2017. The specific dividend amount per share is not stated in the filing text.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, risk factors, or details on contingencies. These items, if present, are located in the referenced press release (Exhibit 99.1).
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, net income, and earnings per share figures for Q4 and FY 2016.
- Verify the exact dividend amount per share and the payment date in the press release.
- Confirm the record date of February 13, 2017, for dividend eligibility.
- Check for any material changes in liquidity or capital adequacy ratios detailed in the full press release.