Parent company of Valley Bank reports 3% gain over same period in 2012

The parent company of Roanoke’s Valley Bank earned $1.9 million during its April-June quarter, about 3 percent more than for the same period a year ago.

Valley Financial Corp. said more than $1.7 million was available to common shareholders after deducting dividends and related items on its preferred stock.

The company, which opened in 1995, is building its ninth branch, in eastern Roanoke County.

• Dr. John Piatkowski of Carilion New River Valley Medical Center will speak at the next Montgomery County Chamber of Commerce Eggs and Issues meeting on Aug. 1. Visit www.montgomerycc.org to register.

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