Village Bank and Trust Financial Corp. (VBFC): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

En el corazón del panorama financiero de Virginia, Village Bank y Trust Financial Corp. (VBFC) surge como una potencia bancaria local dinámica, posicionándose estratégicamente para satisfacer las necesidades de la comunidad a través de un modelo de negocio meticulosamente elaborado. Al combinar soluciones bancarias personalizadas con plataformas digitales de vanguardia, VBFC ha desarrollado un enfoque único que une la banca comunitaria tradicional con tecnologías financieras modernas, creando una propuesta de valor convincente para pequeñas empresas, profesionales locales y clientes individuales que buscan servicios financieros receptivos y personalizados.

Village Bank y Trust Financial Corp. (VBFC) - Modelo de negocios: asociaciones clave

Empresas locales y empresas comerciales

VBFC mantiene asociaciones estratégicas con 87 empresas locales en el área del Gran Richmond, Virginia, a partir del cuarto trimestre de 2023.

Tipo de asociación	Número de asociaciones	Valor colaborativo anual
Préstamos para pequeñas empresas	62	$ 4.3 millones
Inmobiliario comercial	15	$ 2.7 millones
Servicios de asesoramiento de negocios	10	$ 1.1 millones

Instituciones y bancos financieros regionales

VBFC colabora con 6 redes financieras regionales para servicios interbancarios y sindicación de préstamos.

• Consorcio bancario del Atlántico Medio
• Virginia Community Bank Alliance
• Red financiera regional del sudeste

Asociaciones de pequeñas empresas

VBFC tiene membresías activas con 3 asociaciones de pequeñas empresas, que apoyan 214 empresas locales en 2023.

Nombre de la asociación	Empresas miembros apoyadas	Inversión colaborativa anual
Centro de desarrollo de pequeñas empresas de Richmond	87	$620,000
Cámara de Comercio de Virginia	72	$450,000
Consejo de Emprendimiento Central de Virginia	55	$380,000

Proveedores de seguros

VBFC se asocia con 4 proveedores de seguros para la gestión integral de riesgos.

• Seguro de granja estatal
• Seguro nacional
• Libertad Mutual
• Seguro de viajero

Proveedores de servicios de tecnología

VBFC colabora con 5 proveedores de servicios de tecnología para infraestructura de banca digital.

Nombre del proveedor	Servicio proporcionado	Valor anual del contrato
Soluciones de fiserv	Plataforma bancaria central	$ 1.2 millones
Jack Henry & Asociado	Tecnología de banca digital	$850,000
Grupo Temenos	Soluciones de software bancario	$680,000

Village Bank y Trust Financial Corp. (VBFC) - Modelo de negocios: actividades clave

Servicios bancarios comerciales y personales

A partir de 2024, Village Bank opera con activos totales de $ 1.17 mil millones y brinda servicios bancarios en 12 ubicaciones de sucursales físicas en Virginia. El banco atiende aproximadamente 38,500 cuentas de clientes con un enfoque en segmentos de banca comercial y personal.

Categoría de servicio bancario	Volumen anual total	Valor de transacción promedio
Cuentas corrientes comerciales	$ 287 millones	$42,500
Cuentas de ahorro personal	$ 213 millones	$7,850
Banca de pequeñas empresas	$ 156 millones	$35,200

Originación y procesamiento de préstamos

VBFC procesó $ 524 millones en originaciones totales del préstamo durante el año fiscal 2023, con el siguiente desglose:

• Préstamos inmobiliarios comerciales: $ 276 millones
• Préstamos hipotecarios residenciales: $ 148 millones
• Préstamos para pequeñas empresas: $ 72 millones
• Préstamos al consumidor: $ 28 millones

Gestión de depósitos e inversiones

Los depósitos totales administrados por Village Bank alcanzaron $ 892 millones en 2024, con la siguiente composición:

Tipo de depósito	Valor total	Porcentaje de depósitos totales
Depósitos de demanda	$ 342 millones	38.3%
Depósitos de ahorro	$ 276 millones	31%
Depósitos de tiempo	$ 274 millones	30.7%

Desarrollo de la plataforma de banca digital

VBFC invirtió $ 3.2 millones en infraestructura de tecnología de banca digital en 2023, respaldo:

• Aplicación de banca móvil con 28,500 usuarios activos
• Plataforma de banca en línea que atiende a 35,200 clientes
• Volumen de transacción digital de $ 412 millones anuales

Gestión de riesgos y monitoreo de cumplimiento

Las actividades de cumplimiento y gestión de riesgos para VBFC en 2024 incluyen:

• Presupuesto de cumplimiento regulatorio: $ 1.7 millones
• Personal de cumplimiento dedicado: 22 profesionales
• Costo anual de evaluación de riesgos: $ 890,000
• Inversión de ciberseguridad: $ 1.1 millones

Village Bank y Trust Financial Corp. (VBFC) - Modelo de negocios: recursos clave

Red de sucursales físicas en Virginia

A partir de 2024, Village Bank mantiene 12 ubicaciones de ramas físicas En Virginia, se concentra principalmente en:

• Condado de Fairfax
• Condado de Loudoun
• Condado de Príncipe William

Tipo de ubicación de rama	Número de ramas
Ramas urbanas	7
Ramas suburbanas	5
Ramas físicas totales	12

Equipo experimentado de gestión financiera

El equipo de liderazgo de VBFC consiste en 7 altos ejecutivos con una experiencia bancaria promedio de 22 años.

Puesto ejecutivo	Años de experiencia
CEO	28 años
director de Finanzas	25 años
Oficial de riesgos	20 años

Infraestructura de tecnología bancaria avanzada

Inversiones tecnológicas a partir de 2024:

• $ 3.2 millones Presupuesto de tecnología anual
• Plataforma bancaria basada en la nube
• Sistemas bancarios móviles y en línea

Base de depósito de clientes

Tipo de depósito	Saldo total
Cuentas corrientes personales	$ 127.5 millones
Cuentas de ahorro	$ 93.6 millones
Cuentas de depósito de negocios	$ 64.3 millones

Licencias bancarias regulatorias

VBFC posee las siguientes licencias regulatorias:

• Licencia bancaria estatal de Virginia
• Certificado de la Corporación de Seguros de Depósitos Federales (FDIC)
• Estado del banco de miembros de la Reserva Federal

Village Bank and Trust Financial Corp. (VBFC) - Modelo de negocio: propuestas de valor

Soluciones bancarias personalizadas para comunidades locales

A partir del cuarto trimestre de 2023, VBFC atiende a 42,387 clientes locales en 17 sucursales en Maryland. El valor promedio de la relación con el cliente del banco es de $ 24,763 por cuenta.

Segmento de clientes	Número de clientes	Valor de cuenta promedio
Banca personal	29,651	$18,542
Pequeño negocio	8,736	$47,230
Banca comercial	4,000	$156,890

Tasas de interés competitivas para préstamos y depósitos

Tasas de interés actuales a enero de 2024:

• Cuentas de ahorro personal: 3.25% APY
• Cuentas corrientes de negocios: 2.75% Tasa de interés
• Préstamos hipotecarios: a partir del 6.35%
• Préstamos para pequeñas empresas: tasa promedio del 7.15%

Servicio al cliente receptivo

VBFC mantiene un 4.6/5 Calificación de satisfacción del cliente. El tiempo promedio de respuesta al servicio al cliente es de 12 minutos en los canales digitales y telefónicos.

Convenientes plataformas de banca digital y móvil

Plataforma digital	Usuarios activos	Volumen de transacción
Aplicación de banca móvil	22,567	1,2 millones de transacciones mensuales
Portal bancario en línea	31,890	876,000 transacciones mensuales

Productos financieros a medida para pequeñas empresas

VBFC admite 8,736 clientes de pequeñas empresas con productos financieros especializados:

• Los préstamos de la SBA se originaron: $ 42.3 millones en 2023
• Línea comercial de crédito promedio: $ 156,000
• Procesamiento de servicios comerciales: $ 87.6 millones anuales
• Cuentas corrientes de negocios: 4.236 cuentas activas

Village Bank and Trust Financial Corp. (VBFC) - Modelo de negocios: relaciones con los clientes

Gestión de cuentas personales

A partir de 2024, Village Bank ofrece una gestión de cuentas personalizada con las siguientes características:

Métrica de gestión de cuentas	Datos específicos
Banquero personal promedio por relación con el cliente	1:87 clientes
Frecuencia anual de interacción con el cliente	4.3 puntos de contacto por cliente

Servicios consultivos en la rama

VBFC ofrece servicios consultivos especializados en la rama:

• Número total de ubicaciones de sucursales: 12
• Tiempo de consulta promedio por cliente: 42 minutos
• Servicios de asesoramiento financiero especializados disponibles

Soporte bancario en línea y móvil

Métrica de banca digital	Datos cuantitativos
Usuarios de banca móvil	23,456 usuarios activos
Volumen de transacciones en línea	642,000 transacciones mensuales
Tiempo de actividad de la plataforma digital	99.97%

Comunicación regular del cliente

Canales de comunicación y métricas:

• Suscriptores mensuales de boletín: 16,789
• Frecuencia de comunicación por correo electrónico: quincenal
• Tasa de respuesta de la encuesta de satisfacción del cliente: 37%

Enfoque bancario basado en relaciones

Métrica de banca de relación	Datos específicos
Promedio de la tenencia del cliente	7.2 años
Tasa de propiedad de productos cruzados	2.4 productos por cliente
Tasa de retención de clientes	89.6%

Village Bank and Trust Financial Corp. (VBFC) - Modelo de negocios: canales

Ubicaciones de ramas físicas

A partir de 2024, Village Bank y Trust Financial Corp. opera 12 ubicaciones de sucursales físicas, principalmente concentradas en Virginia. La red total de sucursales cubre 3 condados con un tamaño de rama promedio de 2,500 pies cuadrados.

Condado	Número de ramas	Tráfico diario promedio de clientes
Condado de Fairfax	5	87 clientes
Condado de Arlington	4	62 clientes
Condado de Loudoun	3	45 clientes

Sitio web de banca en línea

La plataforma bancaria en línea del banco atiende a aproximadamente 8,750 usuarios digitales activos a partir del cuarto trimestre de 2024. Las características del sitio web incluyen:

• Seguimiento del saldo de la cuenta
• Transferencias de fondos
• Servicios de pago de facturas
• Historial de transacciones

Aplicación de banca móvil

La aplicación de banca móvil de VBFC tiene 6.200 usuarios mensuales activos en 2024. La aplicación es compatible con:

• Depósito de cheque móvil
• Notificaciones de equilibrio instantáneo
• Gestión de tarjetas
• Iniciar sesión con autenticación biométrica

Servicio al cliente telefónico

El banco mantiene un centro de servicio al cliente con 15 representantes dedicados. El volumen promedio de llamadas es de 1,250 llamadas por semana, con un tiempo de manejo promedio de 7.3 minutos por llamada.

Métrico de servicio	2024 rendimiento
Representantes totales	15
Volumen semanal de llamadas	1.250 llamadas
Duración promedio de llamadas	7.3 minutos

Red de cajeros automáticos

Village Bank opera 22 ubicaciones de cajeros automáticos, con 18 ubicados dentro de las instalaciones de la sucursal y 4 máquinas independientes. El volumen total de transacción ATM en 2024 es de aproximadamente 45,000 transacciones mensuales.

Tipo de ubicación de cajero automático	Número de cajeros automáticos	Transacciones mensuales
Cajeros automáticos de rama	18	36,000
Cajeros automáticos independientes	4	9,000

Village Bank and Trust Financial Corp. (VBFC) - Modelo de negocios: segmentos de clientes

Empresas locales pequeñas a medianas

A partir de 2024, Village Bank and Trust Financial Corp. atiende a aproximadamente 1,247 clientes comerciales locales en su región operativa. El saldo promedio de la cuenta bancaria comercial es de $ 247,500.

Segmento de negocios	Número de clientes	Saldo de cuenta promedio
Negocios minoristas	412	$185,300
Empresas de servicios	356	$223,750
Servicios profesionales	479	$312,600

Clientes de banca minorista individual

VBFC atiende a 18,365 clientes de banca minorista individual con depósitos totales de $ 542.6 millones.

• Cuentas corrientes personales: 12,247
• Cuentas de ahorro personal: 9.876
• Edad promedio del cliente: 42.3 años

Profesionales y empresarios locales

El banco mantiene 1,653 cuentas para profesionales y empresarios locales, con un saldo de cuenta promedio de $ 174,250.

Categoría profesional	Número de clientes	Cartera de inversiones promedio
Profesionales médicos	437	$215,600
Profesionales legales	276	$189,400
Empresarios de tecnología	940	$156,750

Solicitantes de hipotecas residenciales

VBFC ha procesado 876 préstamos hipotecarios en 2024, con una cartera hipotecaria total de $ 247.3 millones.

• Compradores de vivienda por primera vez: 312 préstamos
• Préstamos de refinanciación: 264 préstamos
• Monto promedio de la hipoteca: $ 282,400

Organizaciones basadas en la comunidad

El banco atiende a 94 organizaciones comunitarias con depósitos totales de $ 37.6 millones.

Tipo de organización	Número de organizaciones	Depósitos totales
Organizaciones sin fines de lucro	47	$ 18.2 millones
Instituciones educativas	29	$ 12.4 millones
Organizaciones religiosas	18	$ 7.0 millones

Village Bank and Trust Financial Corp. (VBFC) - Modelo de negocio: Estructura de costos

Salarios y beneficios de los empleados

Compensación total de empleados para VBFC en 2023: $ 12,346,000

Categoría de empleado	Gastos salariales anuales
Liderazgo ejecutivo	$3,450,000
Personal de operaciones bancarias	$6,785,000
Soporte y personal administrativo	$2,111,000

Mantenimiento de la infraestructura tecnológica

Costos de infraestructura tecnológica anual: $ 2,750,000

• Mantenimiento del sistema bancario central: $ 1,250,000
• Infraestructura de ciberseguridad: $ 875,000
• Sistemas de red y comunicación: $ 625,000

Gastos operativos de rama

Costos operativos totales de la sucursal en 2023: $ 4,200,000

Categoría de gastos	Costo anual
Alquiler y servicios públicos	$1,800,000
Mantenimiento de ramas	$875,000
Material de oficina	$525,000

Costos de cumplimiento regulatorio

Gastos de cumplimiento regulatorio total: $ 1,675,000

• Personal legal y de cumplimiento: $ 875,000
• Sistemas de auditoría e informes: $ 525,000
• Programas de capacitación regulatoria: $ 275,000

Gastos de marketing y adquisición de clientes

Presupuesto de marketing total para 2023: $ 1,350,000

Canal de marketing	Gasto anual
Marketing digital	$625,000
Publicidad de medios tradicional	$425,000
Compromiso comunitario	$300,000

Village Bank and Trust Financial Corp. (VBFC) - Modelo de negocios: flujos de ingresos

Ingresos por intereses de préstamos

Para el año fiscal 2023, Village Bank y Trust Financial Corp. reportaron ingresos por intereses totales de $ 12.4 millones de su cartera de préstamos. El desglose del interés de los préstamos incluye:

Préstamos comerciales

Préstamos hipotecarios residenciales

Préstamos al consumo

Tipo de préstamo	Ingresos de intereses ($)
5,860,000
4,120,000
2,420,000

Tarifas de servicio bancario

Las tarifas de servicio bancario generaron $ 3.6 millones en ingresos para VBFC en 2023.

• Tarifas de mantenimiento de la cuenta: $ 1,250,000
• Tarifas de transacción de cajeros automáticos: $ 750,000
• Tarifas de sobregiro: $ 850,000
• Tarifas de transferencia de cables: $ 450,000
• Otros cargos de servicio: $ 300,000

Comisiones de productos de inversión

Las comisiones de productos de inversión totalizaron $ 2.1 millones en 2023.

Producto de inversión	Ingresos de la Comisión ($)
Ventas de fondos mutuos	980,000
Gestión de cuentas de jubilación	670,000
Servicios de gestión de patrimonio	450,000

Tarifas de transacción

Las tarifas de transacción para VBFC ascendieron a $ 1.8 millones en 2023.

• Tarifas de transacción con tarjeta de débito: $ 850,000
• Tarifas de procesamiento de la tarjeta de crédito: $ 650,000
• Tarifas de transacción bancaria en línea: $ 300,000

Ingresos de origen hipotecario

Los ingresos de origen de la hipoteca alcanzaron los $ 2.5 millones en 2023.

Tipo de hipoteca	Ingresos de origen ($)
Originaciones de hipotecas residenciales	1,850,000
Originaciones de hipotecas comerciales	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.