Village Bank & Trust Financial Corp. reported earnings results for the fourth quarter of 2013. For the quarter, the company reported net loss of $3.8 million, or 88 cents per share, compared to net income of $1.1 million, or 20 cents per share, in the same quarter of 2012.

The company appointed Jay Hendricks as chief credit officer. In his role, Hendricks heads up special assets and credit administration efforts.