{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-001853","form_type":"8-K","ticker":"FXNC","cik":"0000719402","company_name":"FIRST NATIONAL CORP /VA/","filed_at":"2023-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.869035+00:00","generated_at":"2026-06-20T08:45:10.101560+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Record $16.8M net income for 2022; Q4 EPS $0.76","bullets":["Q4 net income $4.8M, diluted EPS $0.76; FY2022 net income $16.8M, diluted EPS $2.68 vs $10.4M, $1.86 in FY2021.","Net interest margin improved to 3.70% from 3.58%; loans grew $14.0M (6% annualized) to $920.5M.","Provision for loan losses increased to $1.3M from $200K in Q3, driven by $888K specific reserve on one customer.","Nonperforming assets remained low at 0.21% of assets; net charge-offs $95K.","Cash dividend of $0.14 per share declared, consistent with prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-001853","json":"https://secwatch.observer/filing/0001437749-23-001853.json","markdown":"https://secwatch.observer/filing/0001437749-23-001853.md","text":"https://secwatch.observer/filing/0001437749-23-001853.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/719402/000143774923001853/0001437749-23-001853-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/719402/000143774923001853/fxnc20221208_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T08:45:10.101560+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"33607caf4000af0ebff59ca8876877765b65643e","claim":"FIRST NATIONAL CORP /VA/ reported the fourth quarter ended December 31, 2022 results: net income $4.8 million, EPS $0.76.","evidence_excerpt":"First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited consolidated net income of $4.8 million and diluted earnings per common share of $0.76 for the fourth quarter ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/719402/000143774923001853/0001437749-23-001853-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Net income","value":"$4.8 million"},{"label":"EPS","value":"$0.76"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3662648d1a74ebefb38b3a8e4b202a7b7d16d2ac","claim":"FIRST NATIONAL CORP /VA/ reported the year ended December 31, 2022 results: net income $16.8 million, EPS $2.68.","evidence_excerpt":"For the year ended December 31, 2022, unaudited consolidated net income totaled $16.8 million and diluted earnings per common share totaled $2.68.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/719402/000143774923001853/0001437749-23-001853-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Net income","value":"$16.8 million"},{"label":"EPS","value":"$2.68"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}