/PRNewswire/ Notable Items for Fourth Quarter 2021 and Fiscal Year 2021 Completed acquisition of Bank of Commerce Holdings Announced merger agreement with.
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MCLEAN, Va., Jan. 28, 2021 /PRNewswire/ Southern National Bancorp of Virginia, Inc. (NASDAQ: SONA) ( Southern National or the Company ), and its wholly-owned subsidiary Sonabank (the Bank ), today announced net income of $9.0 million for the quarter ended December 31, 2020, compared to $9.0 million for the quarter ended December 31, 2019. Earnings per share for the three months ended December 31, 2020 were $0.37 on both a basic and diluted basis representing no change from the three months ended December 31, 2019.
Earnings for the twelve months ended December 31, 2020 were $23.3 million compared to $33.2 million for the twelve months ended December 31, 2019. Earnings per share for the twelve months ended December 31, 2020 were $0.96 on both a basic and diluted basis compared to $1.38 basic and $1.36 diluted for the twelve months ended December 31, 2019.