First National Corp Overview
Industry: Banks Regional
Sector: Financial Services
First National Corporation operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company's deposit products include checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions. Its loan products comprise construction loans, including residential, land acquisition, and development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by commercial real estate, including multi-family residential buildings, office and retail buildings, hotels, industrial buildings, and religious facilities. The company's loan products also include commercial and industrial loans that are secured by business assets, such as accounts receivable, equipment, and inventory; home equity loans; and secured and unsecured consumer loans, such as lines of credit, automobile loans, deposit account loans, and installment and demand loans. In addition, it provides wealth management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and estate settlement. Further, the company offers title insurance and investment services; and holds other real estate owned and office sites, as well as provides internet and mobile banking, remote deposit capture, and other traditional banking services. First National Corporation was founded in 1907 and is headquartered in Strasburg, Virginia. First National Corporation operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company's deposit products include c Read MoreReported Results
What the company reported, with filing details kept small.
Quarterly result summary
Revenue was $22.5M (-6% YoY); EPS was $0.54 (reported).
What changed
- Revenue -6% YoY to $22.5M; EPS reported to $0.54.
Guidance / outlook
We expect that the loan production late in the quarter will reap benefits going forward and we will begin the year with good momentum.
Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.
Other recent earnings materials
Prediction-grade evidence
Recent News
Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.
First National Holdings Data Breach Alert Issued By Wolf Haldenstein
Headline from PR Newswire: First National Holdings Data Breach Alert Issued By Wolf Haldenstein.
First National Holdings Data Breach Alert Issued By Wolf Haldenstein
Headline from PR Newswire: First National Holdings Data Breach Alert Issued By Wolf Haldenstein.
First National Holdings, LLC Data Breach Alert: Edelson
Headline from GlobeNewswire: First National Holdings, LLC Data Breach Alert: Edelson.
Bank First National earnings missed by $0.07, revenue topped estimates
Headline from Investing.com Nigeria: Bank First National earnings missed by $0.07, revenue topped estimates.
Why First National Corp. (FXNC) is a Great Dividend Stock Right Now
Headline from Yahoo Finance: Why First National Corp. (FXNC) is a Great Dividend Stock Right Now.
First National Corp. (FXNC) to Report Q2 Results: Wall Street Expects Earnings Growth
Headline from Yahoo Finance: First National Corp. (FXNC) to Report Q2 Results: Wall Street Expects Earnings Growth.
Financial Statements
Company-reported SEC EDGAR facts organized into the three core statements.
Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.