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Recent Updates — FXNC

August 13, 2026View Source ↗

On August 12, 2026, the Board of Directors declared a quarterly cash dividend of $0.17 per common share. The payment is scheduled for September 11, 2026, to shareholders of record as of August 28, 2026. First National Corporation operates in the banking industry.

July 29, 2026View Source ↗

First National Corporation reported second quarter 2026 net income of $5.7 million, or $0.64 basic and $0.63 diluted earnings per share, compared to $0.56 per share in the prior year period. The company achieved a tax-equivalent net interest margin of 4.15% and recorded net loan growth of $22.7 million. Non-performing assets stood at 0.23% of total assets, while noninterest income rose to $4.0 million and noninterest expense increased to $16.4 million. The company received all regulatory approvals for the sale of its North Carolina branches, with a transaction date planned for October 2026, which is expected to reduce its branch count from 33 to 28 by year-end. First National Corporation operates as a bank holding company providing traditional banking and wealth management services through its subsidiary, First Bank.