First three months of 2025 marked by record pretax earnings and continued margin expansion, double-digit annual loan and deposit growth, and pristine asset quality

TYSONS CORNER, Va., April 29, 2025 – ODNB Financial Corporation (“ODNB” or the “Company”), the holding company for Old Dominion National Bank (the “Bank”) and its Centre 1st Bank division (“Centre 1st Bank”), reported financial results for the first quarter ended March 31, 2025.

“ODNB’s exceptional first quarter results reflect our continued focus on high-quality loan and deposit relationships as fundamental to the strategic growth of our franchise,” Chairman and Chief Executive Officer Mark Merrill said. “We also successfully launched a full-service wealth management division, reaching almost $400 million in total assets under management in the first quarter of 2025, and expanding the suite of product and service offerings to our customers.”

 

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