Welcome to our dedicated page for First Natl SEC filings (Ticker: FXNC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
First National Corporation filings document the public-company disclosures of a Virginia bank holding company whose primary subsidiary is First Bank. Its 8-K reports include results of operations and financial condition, earnings press releases, dividend declarations and other material-event disclosures tied to community banking operations.
The company’s proxy materials cover board governance, shareholder voting matters, executive compensation, equity awards and pay-versus-performance disclosures. Filing exhibits and Inline XBRL records support formal reporting on capital actions, operating results and governance matters for the holding company and its banking subsidiary.
First National Corp EVP-CFO Brad E. Schwartz reported routine stock transactions. On February 15, 2026, he acquired 728 shares of common stock as a grant at $0.00 per share and had 258 shares withheld at $28.21 per share to cover taxes, leaving him with 5,470 directly owned shares.
First National Corp executive Dennis A. Dysart reported equity transactions in company stock. As Senior EVP/COO, he received a grant of 2,445 shares of common stock at $0 per share on February 15, 2026, increasing his direct holdings to 44,282 shares. On the same date, 868 shares at $28.21 per share were withheld and disposed of to cover tax obligations, leaving him with 43,414 directly owned shares after these transactions.
FIRST NATIONAL CORP /VA/ President & CEO Harvard Scott C reported stock-based compensation activity in company shares. On February 15, 2026, he received a grant or award of 5,225 shares of common stock at $0 per share, then had 1,868 shares withheld in a tax-withholding disposition at $28.21 per share. After these transactions, he directly owned 72,105.7357 shares of common stock.
First National Corp executive Brad E. Schwartz, EVP-CFO, reported an equity award of restricted stock units tied to FXNC common stock. On February 11, 2026, he acquired 2,183 restricted stock units at a price of $0 per unit as a grant or award. Each unit represents a contingent right to receive one share of FXNC common stock.
The award vests in three installments: 728 units on February 15, 2026, 728 units on February 15, 2027, and 727 units on February 15, 2028. After this grant, Schwartz directly beneficially owns 7,183 derivative securities in the form of restricted stock units.
First National Corp executive Dennis A. Dysart, Senior EVP/COO, received a grant of 2,474 restricted stock units on February 11, 2026. Each unit represents a contingent right to one share of FXNC common stock. The units vest in three annual installments: 825 on February 15, 2026, 825 on February 15, 2027, and 824 on February 15, 2028. Following this award, Dysart directly holds 13,747 derivative securities in the form of restricted stock units.
First National Corp President and CEO Scott C. Harvard reported an award of 5,765 restricted stock units on February 11, 2026. Each unit represents a contingent right to receive one share of FXNC common stock at a price of $0 per unit.
The restricted stock units vest in three annual installments: 1,922 units on February 15, 2026, 1,921 units on February 15, 2027, and 1,922 units on February 15, 2028. Following this grant, he directly holds 23,977 derivative securities linked to FXNC common stock.
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.
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.
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.
First National Corporation (FXNC) reported stronger Q3 2025 results. Net income rose to $5.55 million from $2.25 million a year ago, and diluted EPS increased to $0.62 from $0.36. Net interest income improved to $18.30 million from $11.75 million as higher loan yields and interest earnings outpaced funding costs. The provision for credit losses was $0.19 million versus $1.70 million, supporting bottom-line growth.
Noninterest income was $4.50 million, up from $3.20 million, helped by service charges, card fees, and a $0.30 million bargain purchase gain. Noninterest expense increased to $15.78 million from $10.46 million, reflecting higher personnel, occupancy, data processing, and core deposit intangible amortization. For the nine months, net income reached $12.20 million versus $7.90 million.
Total assets were $2.03 billion, with deposits at $1.81 billion. Loans, net, were $1.42 billion, while available-for-sale securities at fair value were $196.48 million. Accumulated other comprehensive loss improved to $13.20 million from $18.69 million, aided by higher unrealized gains on securities.