Village Bank and Trust Financial Corp. (VBFC): Business Model Canvas

Im Herzen der Finanzlandschaft Virginias entwickelt sich die Village Bank and Trust Financial Corp. (VBFC) zu einem dynamischen lokalen Bankenkraftwerk, das sich strategisch positioniert, um die Bedürfnisse der Gemeinschaft durch ein sorgfältig ausgearbeitetes Geschäftsmodell zu bedienen. Durch die Kombination personalisierter Banklösungen mit hochmodernen digitalen Plattformen hat VBFC einen einzigartigen Ansatz entwickelt, der traditionelles Community Banking mit modernen Finanztechnologien verbindet und so ein überzeugendes Wertversprechen für kleine Unternehmen, lokale Fachleute und Einzelkunden schafft, die reaktionsfähige und maßgeschneiderte Finanzdienstleistungen suchen.

Village Bank and Trust Financial Corp. (VBFC) – Geschäftsmodell: Wichtige Partnerschaften

Lokale Unternehmen und Gewerbebetriebe

VBFC unterhält seit dem vierten Quartal 2023 strategische Partnerschaften mit 87 lokalen Unternehmen im Großraum Richmond, Virginia.

Partnerschaftstyp	Anzahl der Partnerschaften	Jährlicher gemeinschaftlicher Wert
Kredite für kleine Unternehmen	62	4,3 Millionen US-Dollar
Gewerbeimmobilien	15	2,7 Millionen US-Dollar
Unternehmensberatungsdienste	10	1,1 Millionen US-Dollar

Regionale Finanzinstitute und Banken

VBFC arbeitet mit 6 regionalen Finanznetzwerken für Interbankdienstleistungen und Kreditsyndizierung zusammen.

• Mittelatlantisches Bankenkonsortium
• Virginia Community Bank Alliance
• Südostregionales Finanznetzwerk

Kleinunternehmerverbände

VBFC hat aktive Mitgliedschaften bei drei Kleinunternehmensverbänden und unterstützt im Jahr 2023 214 lokale Unternehmen.

Vereinsname	Unterstützte Mitgliedsunternehmen	Jährliche Gemeinschaftsinvestition
Richmond Small Business Development Center	87	$620,000
Handelskammer von Virginia	72	$450,000
Central Virginia Entrepreneurship Council	55	$380,000

Versicherungsanbieter

VBFC arbeitet mit 4 Versicherungsanbietern für ein umfassendes Risikomanagement zusammen.

• Staatliche Farmversicherung
• Bundesweite Versicherung
• Liberty Mutual
• Reiseversicherung

Anbieter von Technologiedienstleistungen

VBFC arbeitet mit 5 Technologiedienstleistern für die digitale Bankinfrastruktur zusammen.

Name des Anbieters	Service bereitgestellt	Jährlicher Vertragswert
Fiserv-Lösungen	Kernbankenplattform	1,2 Millionen US-Dollar
Jack Henry & Mitarbeiter	Digitale Banking-Technologie	$850,000
Temenos-Gruppe	Banking-Softwarelösungen	$680,000

Village Bank and Trust Financial Corp. (VBFC) – Geschäftsmodell: Hauptaktivitäten

Kommerzielle und persönliche Bankdienstleistungen

Ab 2024 verfügt die Village Bank über ein Gesamtvermögen von 1,17 Milliarden US-Dollar und bietet Bankdienstleistungen an 12 physischen Filialen in Virginia an. Die Bank betreut rund 38.500 Kundenkonten mit Schwerpunkt auf den Geschäfts- und Privatkundensegmenten.

Kategorie Bankdienstleistungen	Gesamtjahresvolumen	Durchschnittlicher Transaktionswert
Kommerzielle Girokonten	287 Millionen Dollar	$42,500
Persönliche Sparkonten	213 Millionen Dollar	$7,850
Banking für kleine Unternehmen	156 Millionen Dollar	$35,200

Kreditvergabe und -abwicklung

VBFC verarbeitete im Geschäftsjahr 2023 Kredite in Höhe von insgesamt 524 Millionen US-Dollar, mit folgender Aufteilung:

• Gewerbliche Immobilienkredite: 276 Millionen US-Dollar
• Hypothekendarlehen für Wohnimmobilien: 148 Millionen US-Dollar
• Kredite für kleine Unternehmen: 72 Millionen US-Dollar
• Verbraucherkredite: 28 Millionen US-Dollar

Einlagen- und Investmentmanagement

Die von der Village Bank verwalteten Gesamteinlagen erreichten im Jahr 2024 892 Millionen US-Dollar und setzten sich wie folgt zusammen:

Einzahlungsart	Gesamtwert	Prozentsatz der Gesamteinlagen
Sichteinlagen	342 Millionen Dollar	38.3%
Spareinlagen	276 Millionen Dollar	31%
Festgelder	274 Millionen Dollar	30.7%

Entwicklung einer digitalen Banking-Plattform

VBFC investierte im Jahr 2023 3,2 Millionen US-Dollar in die digitale Banktechnologie-Infrastruktur und unterstützte:

• Mobile-Banking-App mit 28.500 aktiven Nutzern
• Online-Banking-Plattform für 35.200 Kunden
• Digitales Transaktionsvolumen von 412 Millionen US-Dollar pro Jahr

Risikomanagement und Compliance-Überwachung

Zu den Compliance- und Risikomanagementaktivitäten für VBFC im Jahr 2024 gehören:

• Budget für die Einhaltung gesetzlicher Vorschriften: 1,7 Millionen US-Dollar
• Engagiertes Compliance-Personal: 22 Fachleute
• Jährliche Kosten für die Risikobewertung: 890.000 US-Dollar
• Investition in Cybersicherheit: 1,1 Millionen US-Dollar

Village Bank and Trust Financial Corp. (VBFC) – Geschäftsmodell: Schlüsselressourcen

Physisches Filialnetz in Virginia

Ab 2024 behält die Village Bank bei 12 physische Filialen in ganz Virginia, hauptsächlich konzentriert auf:

• Fairfax County
• Kreis Loudoun
• Prince William County

Filialstandorttyp	Anzahl der Filialen
Städtische Zweige	7
Vorstadtfilialen	5
Gesamtzahl der physischen Zweige	12

Erfahrenes Finanzmanagement-Team

Das Führungsteam von VBFC besteht aus 7 leitende Angestellte mit einer durchschnittlichen Bankerfahrung von 22 Jahre.

Führungsposition	Jahrelange Erfahrung
CEO	28 Jahre
Finanzvorstand	25 Jahre
Chief Risk Officer	20 Jahre

Fortschrittliche Banktechnologie-Infrastruktur

Technologieinvestitionen ab 2024:

• 3,2 Millionen US-Dollar jährliches Technologiebudget
• Cloudbasierte Bankplattform
• Mobile und Online-Banking-Systeme

Kundeneinlagenbasis

Einzahlungsart	Gesamtsaldo
Persönliche Girokonten	127,5 Millionen US-Dollar
Sparkonten	93,6 Millionen US-Dollar
Geschäftseinlagenkonten	64,3 Millionen US-Dollar

Aufsichtsrechtliche Banklizenzen

VBFC verfügt über die folgenden behördlichen Lizenzen:

• Banklizenz des Staates Virginia
• Zertifikat der Federal Deposit Insurance Corporation (FDIC).
• Status einer Mitgliedsbank der Federal Reserve

Village Bank and Trust Financial Corp. (VBFC) – Geschäftsmodell: Wertversprechen

Personalisierte Banklösungen für lokale Gemeinschaften

Im vierten Quartal 2023 betreut VBFC 42.387 lokale Kunden an 17 Filialen in Maryland. Der durchschnittliche Kundenbeziehungswert der Bank beträgt 24.763 US-Dollar pro Konto.

Kundensegment	Anzahl der Kunden	Durchschnittlicher Kontowert
Persönliches Banking	29,651	$18,542
Kleines Unternehmen	8,736	$47,230
Kommerzielles Banking	4,000	$156,890

Wettbewerbsfähige Zinssätze für Kredite und Einlagen

Aktuelle Zinssätze Stand Januar 2024:

• Persönliche Sparkonten: 3,25 % effektiver Jahreszins
• Geschäftsgirokonten: 2,75 % Zinssatz
• Hypothekendarlehen: Ab 6,35 %
• Kleinunternehmenskredite: durchschnittlicher Zinssatz von 7,15 %

Reaktionsschneller Kundenservice

VBFC unterhält eine 4,6/5 Kundenzufriedenheitsbewertung. Die durchschnittliche Reaktionszeit des Kundendienstes beträgt 12 Minuten über digitale und telefonische Kanäle.

Bequeme digitale und mobile Banking-Plattformen

Digitale Plattform	Aktive Benutzer	Transaktionsvolumen
Mobile-Banking-App	22,567	1,2 Millionen monatliche Transaktionen
Online-Banking-Portal	31,890	876.000 monatliche Transaktionen

Maßgeschneiderte Finanzprodukte für kleine Unternehmen

VBFC unterstützt 8.736 kleine Geschäftskunden mit spezialisierten Finanzprodukten:

• Vergebene SBA-Darlehen: 42,3 Millionen US-Dollar im Jahr 2023
• Durchschnittlicher Geschäftskreditrahmen: 156.000 USD
• Merchant Services Processing: 87,6 Millionen US-Dollar pro Jahr
• Geschäftsgirokonten: 4.236 aktive Konten

Village Bank and Trust Financial Corp. (VBFC) – Geschäftsmodell: Kundenbeziehungen

Persönliche Kontoverwaltung

Ab 2024 bietet Village Bank eine personalisierte Kontoverwaltung mit folgenden Merkmalen:

Kontoverwaltungsmetrik	Spezifische Daten
Durchschnittliches Privatbankier-pro-Kunden-Verhältnis	1:87 Kunden
Jährliche Kundeninteraktionshäufigkeit	4,3 Touchpoints pro Kunde

Beratungsdienste in der Branche

VBFC bietet spezialisierte brancheninterne Beratungsdienste an:

• Gesamtzahl der Filialen: 12
• Durchschnittliche Beratungszeit pro Kunde: 42 Minuten
• Spezialisierte Finanzberatungsdienste verfügbar

Online- und Mobile-Banking-Unterstützung

Digital-Banking-Metrik	Quantitative Daten
Mobile-Banking-Benutzer	23.456 aktive Benutzer
Online-Transaktionsvolumen	642.000 monatliche Transaktionen
Betriebszeit der digitalen Plattform	99.97%

Regelmäßige Kundenkommunikation

Kommunikationskanäle und Kennzahlen:

• Monatliche Newsletter-Abonnenten: 16.789
• Häufigkeit der E-Mail-Kommunikation: Zweiwöchentlich
• Rücklaufquote der Kundenzufriedenheitsumfrage: 37 %

Beziehungsbasierter Banking-Ansatz

Relationship-Banking-Metrik	Spezifische Daten
Durchschnittliche Kundenzugehörigkeit	7,2 Jahre
Cross-Product-Ownership-Rate	2,4 Produkte pro Kunde
Kundenbindungsrate	89.6%

Village Bank and Trust Financial Corp. (VBFC) – Geschäftsmodell: Kanäle

Physische Zweigstellen

Ab 2024 betreibt Village Bank and Trust Financial Corp. 12 physische Filialen, hauptsächlich in Virginia. Das gesamte Filialnetz umfasst drei Landkreise mit einer durchschnittlichen Filialgröße von 2.500 Quadratfuß.

Landkreis	Anzahl der Filialen	Durchschnittlicher täglicher Kundenverkehr
Fairfax County	5	87 Kunden
Arlington County	4	62 Kunden
Kreis Loudoun	3	45 Kunden

Online-Banking-Website

Die Online-Banking-Plattform der Bank bedient im ersten Quartal 2024 rund 8.750 aktive digitale Nutzer. Zu den Website-Funktionen gehören:

• Kontostandverfolgung
• Geldtransfers
• Rechnungszahlungsdienste
• Transaktionsverlauf

Mobile-Banking-Anwendung

Die Mobile-Banking-App von VBFC hat im Jahr 2024 6.200 aktive monatliche Benutzer. Die App unterstützt:

• Mobile Scheckeinzahlung
• Sofortige Kontostandbenachrichtigungen
• Kartenverwaltung
• Sicheres Login mit biometrischer Authentifizierung

Telefonischer Kundendienst

Die Bank unterhält ein Kundendienstzentrum mit 15 engagierten Vertretern. Das durchschnittliche Anrufvolumen beträgt 1.250 Anrufe pro Woche, bei einer durchschnittlichen Bearbeitungszeit von 7,3 Minuten pro Anruf.

Servicemetrik	Leistung 2024
Gesamtzahl der Vertreter	15
Wöchentliches Anrufvolumen	1.250 Anrufe
Durchschnittliche Anrufdauer	7,3 Minuten

ATM-Netzwerk

Village Bank betreibt 22 Geldautomatenstandorte, davon 18 innerhalb der Filialen und 4 eigenständige Automaten. Das gesamte Transaktionsvolumen an Geldautomaten beträgt im Jahr 2024 etwa 45.000 monatliche Transaktionen.

Typ des Geldautomatenstandorts	Anzahl Geldautomaten	Monatliche Transaktionen
Geldautomaten in den Filialen	18	36,000
Eigenständige Geldautomaten	4	9,000

Village Bank and Trust Financial Corp. (VBFC) – Geschäftsmodell: Kundensegmente

Kleine bis mittlere lokale Unternehmen

Im Jahr 2024 betreut Village Bank and Trust Financial Corp. in seiner Geschäftsregion rund 1.247 lokale Geschäftskunden. Der durchschnittliche Kontostand eines Geschäftsbankkontos beträgt 247.500 US-Dollar.

Geschäftssegment	Anzahl der Kunden	Durchschnittlicher Kontostand
Einzelhandelsunternehmen	412	$185,300
Dienstleistungsunternehmen	356	$223,750
Professionelle Dienstleistungen	479	$312,600

Privatkunden im Privatkundengeschäft

VBFC betreut 18.365 private Privatkunden mit Gesamteinlagen von 542,6 Millionen US-Dollar.

• Persönliche Girokonten: 12.247
• Persönliche Sparkonten: 9.876
• Durchschnittliches Kundenalter: 42,3 Jahre

Lokale Fachleute und Unternehmer

Die Bank unterhält 1.653 Konten für lokale Fachleute und Unternehmer mit einem durchschnittlichen Kontostand von 174.250 US-Dollar.

Professionelle Kategorie	Anzahl der Kunden	Durchschnittliches Anlageportfolio
Medizinische Fachkräfte	437	$215,600
Juristen	276	$189,400
Technologieunternehmer	940	$156,750

Suchende nach Wohnhypotheken

VBFC hat im Jahr 2024 876 Hypothekendarlehen mit einem Gesamthypothekenportfolio von 247,3 Millionen US-Dollar bearbeitet.

• Erstkäufer von Eigenheimen: 312 Kredite
• Refinanzierungsdarlehen: 264 Darlehen
• Durchschnittlicher Hypothekenbetrag: 282.400 $

Community-basierte Organisationen

Die Bank betreut 94 gemeindebasierte Organisationen mit Gesamteinlagen von 37,6 Millionen US-Dollar.

Organisationstyp	Anzahl der Organisationen	Gesamteinlagen
Gemeinnützige Organisationen	47	18,2 Millionen US-Dollar
Bildungseinrichtungen	29	12,4 Millionen US-Dollar
Religiöse Organisationen	18	7,0 Millionen US-Dollar

Village Bank and Trust Financial Corp. (VBFC) – Geschäftsmodell: Kostenstruktur

Gehälter und Leistungen der Mitarbeiter

Gesamtvergütung der Mitarbeiter für VBFC im Jahr 2023: 12.346.000 US-Dollar

Mitarbeiterkategorie	Jährliche Gehaltskosten
Exekutive Führung	$3,450,000
Mitarbeiter des Bankbetriebs	$6,785,000
Support- und Verwaltungspersonal	$2,111,000

Wartung der Technologieinfrastruktur

Jährliche Kosten für die Technologieinfrastruktur: 2.750.000 US-Dollar

• Wartung des Kernbankensystems: 1.250.000 US-Dollar
• Cybersicherheitsinfrastruktur: 875.000 US-Dollar
• Netzwerk- und Kommunikationssysteme: 625.000 US-Dollar

Betriebsausgaben der Zweigstelle

Gesamtbetriebskosten der Filiale im Jahr 2023: 4.200.000 US-Dollar

Ausgabenkategorie	Jährliche Kosten
Miete und Nebenkosten	$1,800,000
Filialwartung	$875,000
Bürobedarf	$525,000

Kosten für die Einhaltung gesetzlicher Vorschriften

Gesamtaufwand für die Einhaltung gesetzlicher Vorschriften: 1.675.000 US-Dollar

• Rechts- und Compliance-Personal: 875.000 US-Dollar
• Audit- und Berichtssysteme: 525.000 US-Dollar
• Regulatorische Schulungsprogramme: 275.000 US-Dollar

Aufwendungen für Marketing und Kundenakquise

Gesamtmarketingbudget für 2023: 1.350.000 $

Marketingkanal	Jährliche Ausgaben
Digitales Marketing	$625,000
Traditionelle Medienwerbung	$425,000
Community-Engagement	$300,000

Village Bank and Trust Financial Corp. (VBFC) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Darlehen

Für das Geschäftsjahr 2023 meldete Village Bank and Trust Financial Corp. einen Gesamtzinsertrag von 12,4 Millionen US-Dollar aus seinem Kreditportfolio. Die Aufteilung der Darlehenszinsen umfasst:

Gewerbliche Kredite

Hypothekendarlehen für Wohnimmobilien

Verbraucherkredite

Darlehenstyp	Zinserträge ($)
5,860,000
4,120,000
2,420,000

Gebühren für Bankdienstleistungen

Bankdienstleistungsgebühren generierten für VBFC im Jahr 2023 einen Umsatz von 3,6 Millionen US-Dollar.

• Kontoführungsgebühren: 1.250.000 $
• Gebühren für Geldautomatentransaktionen: 750.000 US-Dollar
• Überziehungsgebühren: 850.000 $
• Gebühren für Überweisungen: 450.000 $
• Sonstige Servicegebühren: 300.000 $

Provisionen für Anlageprodukte

Die Provisionen für Anlageprodukte beliefen sich im Jahr 2023 auf insgesamt 2,1 Millionen US-Dollar.

Anlageprodukt	Provisionseinnahmen ($)
Verkauf von Investmentfonds	980,000
Rentenkontoverwaltung	670,000
Vermögensverwaltungsdienstleistungen	450,000

Transaktionsgebühren

Die Transaktionsgebühren für VBFC beliefen sich im Jahr 2023 auf 1,8 Millionen US-Dollar.

• Debitkarten-Transaktionsgebühren: 850.000 $
• Bearbeitungsgebühren für Kreditkarten: 650.000 $
• Gebühren für Online-Banking-Transaktionen: 300.000 US-Dollar

Einnahmen aus der Hypothekenvergabe

Die Einnahmen aus der Hypothekenvergabe erreichten im Jahr 2023 2,5 Millionen US-Dollar.

Hypothekentyp	Originierungsumsatz ($)
Vergabe von Wohnhypotheken	1,850,000
Kommerzielle Hypothekenvergabe	650,000

Village Bank and Trust Financial Corp. (VBFC) - Canvas Business Model: Value Propositions

You're looking at the value propositions for Village Bank and Trust Financial Corp. (VBFC) as they integrate into the larger TowneBank platform following the merger effective April 1, 2025. The value proposition centers on maintaining local relationship banking while gaining the scale and product depth of the acquiring institution.

Local decision-making for commercial loans and services

The commitment to local underwriting remains a core promise. Loan decisions for commercial clients continue to be made locally, leveraging the deep understanding of the Central Virginia and greater Williamsburg markets that VBFC bankers brought to the combined entity. This local focus is explicitly stated as a key part of the TowneBank strategy, even after the system integration completed in June 2025.

Key metrics reflecting the pre-merger strength and the lending capacity now available include:

Metric	Value/Date
VBFC Legal Lending Limit (Dec 31, 2024)	$13,973,000
VBFC Allowance for Credit Losses to Total Loans (Dec 31, 2024)	0.60%
VBFC Common Equity Tier 1 Capital Ratio (Dec 31, 2024)	13.82%
VBFC Commercial Loan Growth (Twelve Months Ended Dec 31, 2024)	8.71%

Personal, customized service for business and professional clients

The emphasis is on dedicated, client-first service delivered by the bankers you already know. This personalized approach is designed to craft custom financial solutions, a hallmark of the community banking DNA that TowneBank states it embraces. The merger was intended to keep the bankers who serve you in place to deliver this service.

Expanded product suite via Towne Financial Services Group

The acquisition was explicitly positioned to create revenue synergies by cross-selling services from the Towne Financial Services Group. This means former VBFC clients now have access to a broader array of specialized services beyond traditional commercial banking, which was a primary driver for the transaction.

• Revenue synergy opportunities with Towne Financial Services Group.
• Access to a broader array of insurance, wealth management, and mortgage products.

Robust digital banking and remote deposit capture for business

Digital capabilities were enhanced through the full transition of Village Bank's online systems to TowneBank's platforms on June 9, 2025. Business clients who used Remote Deposit Capture (RDC) transitioned to the TowneBank system on that date, ensuring continued access to technology for depositing checks remotely.

The global Remote Deposit Capture market size was valued at USD 317.79 million in 2024 and was projected to reach USD 342.85 million in 2025.

Access to a larger, more diversified regional bank platform

The merger significantly increased the scale of the banking platform supporting your services. The combined entity offers greater lending power and an expanded geographical footprint across Virginia and North Carolina. The integration of Village Bank's operations into TowneBank's core systems was scheduled for completion in June 2025.

Here's a quick math on the scale change post-merger, using figures around the April 1, 2025 closing date:

Financial Metric	Village Bank (Approx. Dec 31, 2024)	TowneBank (Approx. June 30, 2025)
Total Assets	$756.1 million	$18.26 billion
Total Deposits	$637.49 million (Acquired)	$15.33 billion
Loans Held for Investment	$576.57 million (Acquired)	Increased by $0.71 billion from linked quarter
Branch Network (Post-Integration)	Nine locations (pre-merger)	58 offices

The all-cash acquisition deal valued Village Bank and Trust Financial Corp. at $120 million, with shareholders receiving $80.25 per share.

Finance: review the cross-sell metrics for Towne Financial Services Group by end of Q3 2025.

Village Bank and Trust Financial Corp. (VBFC) - Canvas Business Model: Customer Relationships

You're analyzing the relationship strategy for Village Bank and Trust Financial Corp. (VBFC) following its acquisition by TowneBank, which closed on April 1, 2025. The core relationship strategy, which emphasizes personalized service, is now being integrated into a larger structure, with core systems conversion expected in June 2025.

Dedicated relationship managers for SMBs and professionals

Village Bank and Trust Financial Corp. specializes in customized financial services for small and medium-sized businesses and professionals. The bank also specifically targets wealth-building real estate investors. To support this, industry data suggests that banks maintaining dedicated relationship managers for priority customers see a 22% rise in retention rates. The bank, pre-merger, operated with 136 total employees as of 2024, supporting its local market focus across nine branch offices in the Central Virginia region, including the Richmond and Williamsburg metropolitan areas.

High-touch, personal service model in local markets

The bank's model is built on providing personal, customized service alongside modern technology. This approach directly counters the impersonal service risks associated with large-scale transitions. To be fair, even in late 2025, industry metrics show that 71% of customers still prefer human advisors for high-value financial decisions. The bank's strategy is to maintain this local expert availability where you matter, whether for a new personal account or custom business solutions.

Automated self-service via online and mobile banking platforms

While emphasizing human touch, Village Bank and Trust Financial Corp. supports its relationships with digital channels. Industry statistics from 2025 show that 89% of US banking customers use online or mobile banking regularly. The bank requires online or mobile banking to access services like Zelle® and remote deposit capture. The banking app satisfaction score in the broader industry reached 669 out of 1000 in 2025, indicating a general improvement in user experience that VBFC must match.

Community involvement to foster local trust and loyalty

Fostering local trust is a stated commitment, outlined in a formal Community Commitment Initiative (CCI). This commitment translates into tangible local engagement. Employee volunteerism supports over 200 civic, educational, and charitable organizations annually. Furthermore, more than two dozen employees actively serve on the boards and standing committees of community groups. Industry trends suggest that banks with strong Corporate Social Responsibility (CSR) programs enjoy a 30% boost in customer loyalty.

Fee waivers for high-balance accounts (e.g., $75,000 combined balance)

The bank incentivizes deeper, multi-product relationships through fee waivers tied to combined balances. This is a clear mechanism to move customers from transactional to relationship status. Here's the quick math on the consumer side for avoiding monthly maintenance fees:

Account Tier	Monthly Fee Avoidance Balance (ADB)	Monthly Fee Avoidance Balance (Combined Relationship)	Monthly Fee Waived
Premier Checking	$10,000 Average Daily Balance	$75,000 combined average relationship balance	$25.00
Access Plus Checking	$2,500 Average Daily Balance	$25,000 combined average relationship balance	$10.00

Relationship balances for these waivers include owned consumer checking, savings, money market, and certificate of deposit accounts held directly at the same charter bank. What this estimate hides is the commercial relationship value, which is not publicly detailed in the same fee schedule format.

The bank also provides specific fee waivers for customers under 19 or 65 and older, which may include waivers for stop payment orders and treasurer's checks. For example, consumer customers receive 1 Free Money Order and 1 Free Treasurer's Check.

• Wire Transfer - Incoming: No Charge
• Wire Transfer - Outgoing - Domestic (Online): $10.00 fee (waived for some tiers)
• Insufficient Funds Fee (items $100.00 or more): $30.00 (or $5.00 for 18/65 accounts)

Finance: draft post-merger relationship retention projection by next Tuesday.

Village Bank and Trust Financial Corp. (VBFC) - Canvas Business Model: Channels

You're looking at the distribution channels for Village Bank and Trust Financial Corp. (VBFC) as of late 2025. Honestly, the landscape shifted significantly because the merger with TowneBank closed on April 1, 2025. This means the channels are now largely defined by the acquiring entity, TowneBank, which was one of the largest banks headquartered in Virginia with total assets of $17.25 billion as of December 31, 2024.

The physical footprint, which was VBFC's core local channel, is now integrated. Before the merger, Village Bank and Trust Financial Corp. operated nine branch offices serving the greater Richmond Metropolitan area and Williamsburg, Virginia. These locations now function as part of TowneBank's expanded network, which, prior to the acquisition, already included over 50 banking offices across Hampton Roads, Central Virginia, and parts of North Carolina. The core systems conversion was scheduled for mid-June 2025, so by late 2025, the customer experience is running on TowneBank's infrastructure.

The channel strategy is now about leveraging this combined scale and the specialized personnel that came over from Village Bank and Trust Financial Corp. The former President and CEO, James E. Hendricks, Jr., is now a Senior Executive Vice President at TowneBank, ensuring continuity for those relationship-focused channels. Here's a breakdown of the physical and digital touchpoints now available:

• Nine former Village Bank branch locations in Richmond/Williamsburg now serve as TowneBank access points.
• Digital banking platforms inherited the customer base from VBFC's prior technology, which included online banking.
• The merger provides access to TowneBank's family of companies for expanded financial services.
• Relationship managers, including experienced local lending officers, are now TowneBank employees.

The physical channel strength of Village Bank and Trust Financial Corp. was rooted in its local presence, which serviced a holding company asset base of $756.1 million as of December 31, 2024. Now, that local service is overlaid onto a much larger platform.

Consider the scale of the combined physical and digital reach:

Channel Component	Pre-Merger VBFC Metric (As of 12/31/2024)	Post-Merger TowneBank Context (As of 12/31/2024 Pre-Merger)
Physical Branch Offices	9 offices in Richmond/Williamsburg MSA	Over 50 offices across Virginia and North Carolina
Total Consolidated Assets	$756.1 million	$17.25 billion
Digital Access (Pre-Conversion)	Online banking, customer care team, ATMs	Integrated into TowneBank's core systems by mid-June 2025
Key Personnel Integration	Former President/CEO appointed Senior Executive Vice President	Frank E. Jenkins, Jr. appointed to TowneBank board of directors

For business clients, the channel for cash management is definitely enhanced. Remote deposit capture was a service offered by Village Bank, which specialized in customized financial services for small and medium-sized businesses. This capability is now supported by the larger operational capacity of TowneBank, which aims for diverse revenue synergies with the Towne Financial Services Group.

The private banking and lending officers represent a key high-touch channel. Village Bank provided commercial loans and personal customized service. The integration means that the former VBFC client base now has access to the full suite of TowneBank's capabilities, which is the strategic capital deployment benefit of the deal. The key is that the relationship bankers you knew are still there, just under a new operational umbrella.

The expanded service capability through TowneBank's broader network is the primary channel value proposition post-merger. You're no longer limited to the Richmond/Williamsburg footprint for certain services. The combined entity allows for the broader delivery of financial services through its affiliated businesses. This means the local relationship channel is now a gateway to a regional powerhouse.

Finance: draft the pro-forma Q4 2025 channel expense comparison (VBFC vs. TowneBank segment) by Friday.

Village Bank and Trust Financial Corp. (VBFC) - Canvas Business Model: Customer Segments

You're looking at the customer base for Village Bank and Trust Financial Corp. right before the April 1, 2025, merger with TowneBank. The core focus was always on providing personal, customized service within specific Virginia markets.

The Bank explicitly specialized in providing customized financial services to small and medium sized businesses, professionals, and individuals. Their lending footprint was tightly focused on the Central Virginia and greater Williamsburg markets where they maintained branch banking offices.

The overall scale of the lending activity, which serves these segments, gives you a baseline. As of December 31, 2024, the total loans on the books stood at $614.772 million.

Here is a look at some key financial figures related to the Bank's operations leading up to the merger:

Metric	Value	Date/Context
Total Loans	$614.772 million	As of December 31, 2024
Legal Lending Limit (One Borrower)	Approximately $13,973,000	As of December 31, 2024
Non-Interest Bearing Deposits (% of Total Deposits)	Near 38%	As of December 31, 2024
Q4 2024 Net Income	$1,486,000	Fourth Quarter 2024
Shares of Common Stock Outstanding	1,498,097	As of March 15, 2025

The customer base is served through various channels, reflecting a commitment to local accessibility, even with technology integration. You can see the delivery methods used to service the deposit clients:

• Full-service branches
• Drive-up windows
• ATMs
• Customer care team
• Online technology

The Bank's revenue streams were derived from interest and fees connected to loans, deposits, and mortgage services, which directly tie back to the needs of these local customer groups. The primary lending services included short-to-medium term commercial and personal loans, plus a wide range of real estate finance services.

The focus on the Small and medium-sized businesses (SMBs) in the Richmond MSA and Professionals and commercial real estate developers is supported by the Commercial Business Lending focus within the Traditional Commercial Banking segment. For Residential homebuyers in the Richmond/Williamsburg area, the Bank offered residential construction-to-permanent financing through its Mortgage Company.

The structure of the business, split into Traditional Commercial banking and Mortgage banking segments, shows how the Bank organized to serve these distinct needs. The Commercial Banking Segment provided the mortgage banking segment with short-term funds via a warehouse line of credit.

The Affluent individuals and high net-worth clients, along with Local non-profit organizations, would primarily be serviced through the comprehensive deposit services, which included checking, savings, money market accounts, and various time deposits like Certificates of Deposit and IRAs.

Finance: draft the pro-forma deposit mix for the combined entity as of Q3 2025 by Friday.

Village Bank and Trust Financial Corp. (VBFC) - Canvas Business Model: Cost Structure

You're looking at the costs that drive the engine for Village Bank and Trust Financial Corp. (VBFC) right as it integrates with TowneBank following the April 2025 closing. Honestly, for a bank, the cost structure is dominated by what it pays for money and what it pays its people. We'll map out what we know from the latest available filings before the full integration.

Interest expense on deposits and borrowings is a primary cost driver, as noted in their reporting. The pressure on funding costs was significant heading into 2025. For the twelve months ended December 31, 2024, the overall cost of funds increased by 67 basis points, reaching 1.86%, up from 1.19% for the prior twelve-month period.

Looking specifically at the fourth quarter of 2024 compared to 2023:

• The rate paid on interest-bearing liabilities rose by 51 basis points to 2.85% for Q4 2024.
• The rate on money market deposit accounts increased 49 basis points to 3.20%.
• The rate paid on time deposits saw a larger jump, increasing 109 basis points to 3.52%.

Personnel and compensation costs for local bankers, along with administrative and operating expenses, are cited as the major expenses, second only to interest paid on liabilities. Specific dollar amounts for these categories for the 2025 fiscal year aren't public yet, but the structure relies heavily on local expertise.

The cost structure also includes expenses related to the acquisition by TowneBank. You are required to account for the Noninterest expense, including merger-related costs of $932,000 (Q4 2024), which is a specific, one-time hit related to the transaction announced in late 2024.

The physical footprint contributes to operating costs. Village Bank and Trust Financial Corp. serviced its market through nine full-service branch banking offices in Central Virginia and the Williamsburg area as of early 2025.

Here's a summary of the quantifiable cost structure elements we have:

Cost Component Detail	Metric/Period	Value
Merger-Related Costs (Noninterest Expense)	Q4 2024 Amount	$932,000
Branch Locations Maintained	As of Early 2025	9
Cost of Funds (12 Months Ended Dec 31, 2024)	Rate	1.86%
Cost of Interest-Bearing Liabilities (Q4 2024)	Rate	2.85%

The Mortgage Company segment also has its own major expenses, which consist of personnel, occupancy, and data processing costs. To be fair, understanding the full 2025 cost structure means waiting for the post-integration 10-K, as the system conversion was scheduled for mid-June 2025.

Finance: draft 13-week cash view incorporating estimated Q1/Q2 2025 run-rate expenses by Friday.

Village Bank and Trust Financial Corp. (VBFC) - Canvas Business Model: Revenue Streams

You're looking at the core ways Village Bank and Trust Financial Corp. brings in money, based on their latest reported figures from the end of 2024.

The primary engine is Net Interest Income (NII), which comes from the spread between what Village Bank and Trust Financial Corp. earns on its assets, like commercial and real estate loans, and what it pays out on liabilities, like deposits. For the twelve months ended December 31, 2024, the Net Interest Margin (NIM) was reported at 3.86%. This compares to 4.02% for the fourth quarter of 2024 alone.

Non-interest income is another key piece. For the fourth quarter of 2024, the Commercial Banking Segment specifically posted noninterest income of $967,000.

Service charges and fees on deposit accounts are a component of that non-interest income. For instance, in the fourth quarter of 2023, noninterest income saw an increase driven by higher deposit fee income as a result of increased transactions.

The Mortgage Company also contributes directly to revenue, which includes gains from the sale of residential mortgage loans. For the full year 2024, the Mortgage Company generated $3.2 million in revenue.

Here's a breakdown of the reported segment revenues for the full year 2024:

Revenue Source Segment	2024 Revenue Amount
Bank (Traditional Commercial Banking)	$43.1 million
Mortgage Company	$3.2 million

You can see the revenue streams are heavily weighted toward the core banking operations, which is typical for this structure. The total revenue for the Bank segment, after intercompany eliminations, was $43.1 million in 2024.

The components making up the non-interest income for the Commercial Banking Segment include:

• Service charges and fees on deposit accounts.
• Other miscellaneous fees related to commercial banking activities.

The total noninterest income for the Commercial Banking Segment for the twelve months ended December 31, 2024, was $3,529,000.