Larry Lyons

Trading Day: Inside SEC filings for 4.28.11

More big paydays for area bankers. Plus the former CEO of one local bank resigned from his role as vice chairman. And a local coal company closes on a $475M acquisition.

Bank president makes “tough decision” to retire

With his company having lost nearly $19 million in the last two years and regulatory examiners breathing down the company’s neck, the head of Central Virginia Bankshares announced his plans to retire by year’s end, the company said Friday.