14 unchanged sentences
declaration of dividends in the future will depend on our earnings, capital requirements, growth strategies, and compliance with regulatory
−Removed: mandates principally at the Bank level since the Company’s primary source of income is dividends which it would receive from the
−Removed: While no dividend was paid in 2021, on February 28, 2022, the Company declared its first ever cash dividend of $0.05 per share,
−Removed: payable on March 31, 2022 to shareholders of record as of March 15, 2022.
+Added: mandates, principally at the Bank level, since the Company’s primary source of income is dividends paid by the Bank.
+Added: first quarter of 2022, the Company paid its first cash dividend of $0.05 per common share to our shareholders.
+Added: On February 27, 2023,
+Added: the Company declared a dividend of $0.06 per share, payable March 31, 2023 to shareholders of record as of March 15, 2023.
are subject to certain dividend restrictions and capital requirements imposed by the Federal Reserve Bank as well as Virginia statutes
and regulations.
−Removed: See Note 16 Dividend Limitation on Subsidiary Bank and Note 21 Capital to the consolidated financial statements contained
−Removed: in Item 8 of this Form 10-K.
+Added: See Note 16, Dividend Limitations on Subsidiary Bank, and Note 21, Capital, to the consolidated financial statements
+Added: contained in Item 8 of this Form 10-K.
+Added: Company has an approved one-year stock repurchase program that authorizes the repurchase of up to 500,000 of the Company’s common
+Added: shares through March 31, 2023.
+Added: Repurchases may be made through open market purchases or in privately negotiated transactions.
+Added: repurchased will be returned to the status of authorized and unissued shares of common stock.
+Added: The actual means and timing of any purchases,
+Added: number of shares and prices or range of prices will be determined by the Company.
+Added: of the Company’s common stock were repurchased during the three months ended December 31, 2022, as detailed below.
+Added: Under the terms
+Added: of the stock repurchase program, the Company has the remaining authority to repurchase up to 426,405 shares of common stock.
+Added: 27, 2023, the board of directors approved an extension of the repurchase program through March 31, 2024.
+Added: Beginning on First Day of Month Ended
+Added: Number of Shares Purchased
+Added: Price Paid Per Share
+Added: Number of Shares Purchased as Part of Publicly Announced Plans or Programs
+Added: Number of Shares That May Yet Be Purchased Under Plans or Programs
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.