Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $8.50 USD
Change Today 0.00 / 0.00%
Volume 0.0
FXNC On Other Exchanges
As of 8:10 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

first national corp/va (FXNC) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/24/15 - $10.00
52 Week Low
09/4/14 - $7.80
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for FIRST NATIONAL CORP/VA (FXNC)

Related News

No related news articles were found.

first national corp/va (FXNC) Related Businessweek News

No Related Businessweek News Found

first national corp/va (FXNC) Details

First National Corporation operates as the bank holding company for First Bank that provides a range of banking services to individuals, small and medium-sized businesses, local governmental entities, and non-profit organizations in Virginia. The company’s deposit products include checking, savings, NOW account, money market, individual retirement accounts, certificates of deposit, and cash management accounts. Its loan products comprise construction loans, including residential and land acquisition and development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by various types of commercial real estate, including multi-family residential buildings, commercial buildings and offices, hotels, small shopping centers, farms, and churches. The company’s loan products also include commercial and industrial loans that are secured by business assets, such as accounts receivable, equipment, and inventory; and secured and unsecured consumer loans, such as unsecured personal loans and lines of credit, automobile loans, deposit account loans, and installment and demand loans. In addition, it provides trust and asset management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and benefit plans; financial planning and brokerage services. Further, the company offers title insurance and investment services; and holds other real estate owned properties. Additionally, it provides Internet banking, mobile banking, remote deposit capture, and other traditional banking services. As of April 23, 2014, the company offered its products and services in the northern Shenandoah Valley region of Virginia through 10 branch offices and a network of ATMs, as well as through its Website. First National Corporation was founded in 1907 and is headquartered in Strasburg, Virginia.

156 Employees
Last Reported Date: 03/27/15
Founded in 1907

first national corp/va (FXNC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $320.8K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $205.0K
Chief Operating Officer, Senior Executive Vic...
Total Annual Compensation: $240.0K
Compensation as of Fiscal Year 2014.

first national corp/va (FXNC) Key Developments

First National Seeks Acquisitions

First National Corporation (OTCPK:FXNC) said, "We were especially pleased that the cost of funds of the acquired deposits was lower than originally projected, as were the costs associated with the transaction. Because the deposits were materially lower than expected at the closing date, capital levels remained high following the transaction, which positions the Company to be opportunistic either through additional acquisitions or by restructuring capital to enhance future earnings per share."

First National Corp. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

First National Corp. reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported, total interest income was $5,392,000 compared to $5,095,000 a year ago. Net interest income was $5,068,000 compared to $4,639,000 a year ago. Income before income taxes was $622,000 compared to $2,216,000 a year ago. Net income available to common shareholders was $116,000 or $0.03 basic and diluted per share compared to $1,281,000 or $0.26 basic and diluted per share a year ago. Book value at period end was $9.13 compared to $8.58 a year ago. Return on average assets was 0.27% compared to 1.16% a year ago. Return on average equity was 2.97% compared to 11.05% a year ago. For the six months, total interest income was $10,380,000 compared to $10,004,000 a year ago. Net interest income was $9,700,000 compared to $9,065,000 a year ago. Income before income taxes was $1,358,000 compared to $3,845,000 a year ago. Net income available to common shareholders was $331,000 or $0.07 basic and diluted per share compared to $2,207,000 or $0.45 basic and diluted per share a year ago. Book value at period end was $9.13 compared to $8.58 a year ago. Return on average assets was 0.34% compared to 1.03% a year ago. Return on average equity was 3.32% compared to 9.81% a year ago.

First National Corporation Announces Executive Changes

First National Corporation announced that Norman C. (Butch) Smiley, III has joined the Bank as regional president of the newly formed South Region following the Bank's acquisition of six branches from Bank of America. Butch most recently served as the President & CEO of Community Bank in Staunton, prior to being acquired in 2013. Butch will be working at the company's newly established Staunton Regional Headquarters, which will be undergoing renovations over the next several months. The company also recruited Paul K. Martin, senior vice president/market executive. Prior to joining First Bank, Paul has served in various leadership and business development roles, most recently serving as the SVP and senior relationship manager at a local community bank in the Staunton market. Paul will also be working at the Staunton Regional Headquarters. First Bank announced the promotion of Jeffrey R. (Jeff) Smith to senior vice president/market executive. Jeff joined the company in September 2014 and has demonstrated exceptional market knowledge and leadership. Jeff is primarily responsible for developing the Harrisonburg and Rockingham County markets. He will continue to work in the Harrisonburg Loan Production Office.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FXNC:US $8.50 USD 0.00

FXNC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for FXNC.
View Industry Companies

Industry Analysis


Industry Average

Valuation FXNC Industry Range
Price/Earnings 9.0x
Price/Sales 1.4x
Price/Book 0.9x
Price/Cash Flow 7.0x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FIRST NATIONAL CORP/VA, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at