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FIRST NATL CORP STRASBURG VA 8-K Filings

FXNC NASDAQ

Every 8-K that FIRST NATL CORP STRASBURG VA (FXNC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow FXNC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FXNC filings page.

Rhea-AI Summary

First National Corporation reported that its Board of Directors declared a quarterly cash dividend of $0.17 per common share on August 12, 2026. The dividend is payable on September 11, 2026 to shareholders of record as of August 28, 2026. The company’s common stock, with a par value of $1.25 per share, trades on The Nasdaq Stock Market LLC under the symbol FXNC.

Rhea-AI Summary

First National Corporation reported second quarter 2026 net income of $5.7 million, with basic and diluted EPS of $0.64 and $0.63, respectively. Return on average assets was 1.11% and return on average equity 12.03%. The fully tax-equivalent net interest margin improved to 4.15% from 3.95% in the prior-year quarter as tax-equivalent net interest income reached $20.1 million, supported by higher earning-asset yields, stable funding costs and $22.7 million of net loan growth.

Total assets were $2.076 billion and loans held for investment were $1.472 billion at June 30, 2026. Asset quality remained strong: nonperforming assets were 0.23% of total assets and 0.32% of loans, with net charge-offs of $105 thousand and an allowance equal to 1.00% of loans, covering nonperforming assets 315%. Total deposits were $1.831 billion, including $520.5 million of noninterest-bearing balances. Available liquidity sources totaled $747.8 million, and estimated uninsured customer deposits were $573.8 million (or $466.9 million excluding collateralized municipal balances).

Capital levels stayed robust, with a total risk-based capital ratio of 14.81% at the holding company and a tangible common equity to tangible assets ratio of 8.65%. Tangible book value per share increased to $19.71, while the quarterly cash dividend was $0.17 per share. The company received all regulatory approvals to sell two North Carolina branches, expects a one-time gain from that transaction in the fourth quarter of 2026, and plans to consolidate three additional offices, reducing its network from 33 to 28 locations as part of a branch optimization initiative.

Rhea-AI Summary

First National Corporation reported results of its Annual Meeting, a dividend declaration, and board leadership changes. Shareholders elected twelve directors and ratified Yount, Hyde & Barbour, P.C. as independent registered public accounting firm with 6,773,790 votes for, 26,530 against, and 1,435 abstentions.

The board declared a quarterly cash dividend of $0.17 per common share, payable on June 12, 2026 to shareholders of record on May 29, 2026. Following the retirement of longtime chair Elizabeth Cottrell, the board elected Gerald F. Smith, Jr. as Chair and James R. Wilkins, III as Vice Chair, continuing a planned governance succession process.

Rhea-AI Summary

First National Corporation furnished an investor presentation given at its Annual Meeting of Shareholders as an exhibit to a current report. The presentation, attached as Exhibit 99.1, includes financial and other information discussed by management at the meeting.

The company states this information is being furnished under Regulation FD and is not deemed filed under the Exchange Act or incorporated into other securities law filings unless specifically referenced. The report also includes customary cautionary language about forward-looking statements and notes the company has no obligation to update those statements after the report date.

Rhea-AI Summary

First National Corporation reported strong first quarter 2026 results. Net income rose to $4.9 million, with basic and diluted earnings per share of $0.54 for the quarter ended March 31, 2026, up sharply from $0.18 a year earlier.

Profitability improved, with return on average assets at 0.98% and return on average equity at 10.51%. The fully tax-equivalent net interest margin expanded to 3.99%, supported by disciplined funding costs and acquisition-related accretion. Asset quality remained solid as nonperforming assets fell to 0.21% of total assets and coverage ratios increased.

Balance sheet growth was modest but healthy. Net loans increased by $14.7 million, a 4.0% annualized pace, while deposits grew $37.7 million, or 8.4% annualized, driven by lower-cost deposit categories. Tangible book value per share increased to $19.11, and regulatory capital ratios at both the holding company and bank stayed comfortably above required levels.

Rhea-AI Summary

First National Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.17 per share on its common stock. The dividend will be paid on March 13, 2026 to shareholders who are on record as of February 27, 2026, providing ongoing cash returns to investors.

Rhea-AI Summary

First National Corporation, parent of First Bank, announced a strategic branch optimization plan. The Bank will sell two banking offices in Roanoke Rapids and Louisburg, North Carolina, and consolidate three Virginia offices into nearby locations, reducing total banking offices from 33 to 28.

The moves are part of a plan to streamline operations, reduce overhead, and reallocate resources toward digital banking and growth markets. The transactions are expected to close in the second half of 2026, subject to regulatory approval, with a one-time gain on the branch sales partly offset by consolidation costs and no layoffs for affected employees.

Rhea-AI Summary

First National Corporation filed a current report to note that it issued a press release with its financial results for the period ended December 31, 2025. The company is furnishing this press release as an exhibit to the report, making the year-end results publicly available.

Rhea-AI Summary

First National Corporation (FXNC) declared a quarterly cash dividend. The Board approved a $0.17 per share dividend, payable on December 12, 2025, to shareholders of record on November 28, 2025.

Rhea-AI Summary

First National Corporation (FXNC) reported that it issued a press release covering its financial results for the period ended September 30, 2025. The company furnished the release as Exhibit 99.1 to this report.

This is an informational update providing public access to the company’s latest quarterly results through the attached press release.

Rhea-AI Summary

First National Corporation announced that its board declared a quarterly cash dividend of $0.155 per common share. The dividend is payable on September 12, 2025 to shareholders of record as of August 29, 2025.

This disclosure is a routine corporate distribution of earnings to common shareholders and specifies the per-share amount and the dates for record and payment. The filing lists the companys principal office in Strasburg, Virginia, and identifies its common stock trading under the ticker FXNC on The Nasdaq Stock Market.