Charlottesville Breaking News
News about the sudden closing of St. Maarten Café on the Corner, the place with the Buffett vibe (Jimmy, not Warren) long before Cheeseburger in Paradise, spread like wildfire on social media websites.
"I was totally overloaded," says Lisa Roland, wife of owner Jim Roland, after a reporter called January 30 to verify the news. "My computer is going crazy, my phone is ringing. But, yes, St. Maarten Café is closed."
A Friends of St. Maarten Café Facebook group immediately grabbed 200 members– over 350 by 6pm on the day this news was reported at readthehook.com– and some of those commenting describe bursting into tears at hearing the news. Long-time patron Marianne Votaw, who says she first started visiting the restaurant in 1985, the year it opened, says she plans to organize a vigil outside the building on Tuesday night.
"Are you kidding me?" Roland laughs. "We knew this was going to be big news, but it's been bigger than we thought it would be."
Roland says her husband prefers not to talk about the reasons for the sudden closure. After 26 years, she says, "it's just too tough right now." However, he did post a comment on the restaurant's Facebook page: "A big thank you for your...
Virginia National Bank, long seen as one of the bulwarks of the local financial services industry, saw its net income fall 42 percent last year, according to an earnings report released Friday.
The new report, released January 27, shows that in addition to suffering a drop in profit, VNB found itself making greater allowances for loan losses– due in no small part to one customer which cost the bank $426,000 last year. As previously reported, VNB lent over $300,000 to the father of accused murderer George W. Huguely V for an ill-fated land speculation on Morgantown Road in Ivy, but that appears not to be last year's jumbo loss.
However, President Glenn Rust says he feels good about the overall results particularly because the bank itself achieved a gain– with its profit rising from $1.94 million to $2.0 million– and saw what Rust calls a "healthy" increase in average deposits of seven percent.
The total profit downturn, from $4.03 million to $2.34 million, Rust says, stemmed primarily from lower "performance fees" at VNBTrust, t...