BAY BANKS OF VIRGINIA, INC. (OTCMKTS:BAYK) Files An 8-K Financial Statements and Exhibits
Item 9.01 of Form 8-K. This amendment to the Original Form 8-K is
being filed solely to provide such financial information, which
is attached to this report as Exhibits 99.1 and 99.2. No other
changes are being made to the Original Form 8-K.
| Item9.01 | Financial Statements and Exhibits. |
(a)
Financial statements of businesses acquired.
The consolidated
financial statements of Virginia BanCorp as of and for the years
ended December31, 2016 and 2015 are attached hereto as Exhibit
99.1 and incorporated herein by reference.
(b) Pro
forma financial information.
The unaudited pro
forma condensed consolidated financial information of the Company
and Virginia BanCorp as of and for the year ended December31,
2016 is attached hereto as Exhibit 99.2 and incorporated herein
by reference.
(d)
Exhibits.
|
Exhibit No. |
Description of Exhibit |
|
| Consent of Yount, Hyde Barbour, P.C. | ||
| 99.1 |
Consolidated Financial Statements of Virginia BanCorp Inc. as of and for the years ended December31, 2016 and 2015 |
|
| 99.2 |
Unaudited Pro Forma Combined Condensed Consolidated Financial Information as of and for the year ended December31, 2016 |
2
About BAY BANKS OF VIRGINIA, INC. (OTCMKTS:BAYK)
Bay Banks of Virginia, Inc. is a bank holding company that conducts its operations through its subsidiaries, Bank of Lancaster (the Bank) and Bay Trust Company (the Trust Company). The Bank is a state-chartered bank and a member of the Federal Reserve System. The Bank serves businesses, professionals and consumers with a range of financial services, including retail and commercial banking, investment services and mortgage banking. Its products include cash management accounts, individual retirement accounts, commercial and industrial loans, residential mortgages, commercial mortgages, home equity loans, consumer installment loans, investment accounts, insurance, credit cards and telephone banking. The Bank’s deposits include non-interest bearing demand deposits, interest bearing deposits and time deposits. The Trust Company provides management services for personal and corporate trusts, including estate planning, estate settlement and trust administration.