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Southern National Bancorp of Virginia, Inc Announces Earnings for the Fourth Quarter of 2020

Share this article Share this article 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.

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