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Trading Day: Local SEC filings for 4.22.21 - Richmond BizSense

Trading Day: Local SEC filings for 4.22.21 - Richmond BizSense
richmondbizsense.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from richmondbizsense.com Daily Mail and Mail on Sunday newspapers.

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Henrico-based Sonabank changing its name to Primis Bank

Henrico-based Sonabank changing its name to Primis Bank
Sonabank is changing its name to Primus Bank.
Coming off a 2020 regime change that brought in a new CEO, a local bank is taking the next step in what it says is a transformation for the long haul.
Henrico-based Sonabank announced Thursday its plans to rebrand as Primis Bank, effective March 31.
The change also will apply to its McLean-based parent company, Southern National Bancorp, which will become Primis Financial Corp.
Its stock ticker symbol will change from SONA to FRST, a play on the meaning of Primis, which Sonabank CEO Dennis Zember is Latin for “first.” ....

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Richmond banking recap for 2020: M&A action, CEO changes, new branches

Richmond banking recap for 2020: M&A action, CEO changes, new branches
BizSense file)
It’s hard to remember there were a few weeks at the start of 2020 when coronavirus wasn’t part of our everyday vocabulary and life seemed normal.
The local banking scene started the year in somewhat normal fashion as well, with C&F Bank completing its acquisition of Peoples Community Bank on the Northern Neck. C&F also got underway on a new headquarters for its finance division in Henrico.
Then, what could have been an interesting year for bank M&A action was put on hold when the pandemic hit. Still, at least two deals got underway and continue toward the finish line. ....

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