{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-013888","form_type":"8-K","ticker":"FXNC","cik":"0000719402","company_name":"FIRST NATIONAL CORP /VA/","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.767429+00:00","generated_at":"2026-06-03T05:00:43.731544+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First National Q1 net income $3.2M ($0.51 EPS); deposits up 8% annualized; announces Touchstone acquisition","bullets":["Net income $3.2M, diluted EPS $0.51; ROAA 0.90%, ROAE 11.07%.","Deposits increased $25.4M (8% annualized); noninterest-bearing deposits stable at 31%.","Tangible book value per share rose to $18.27 from $17.30 a year ago.","Agreement to acquire Touchstone Bankshares announced in the quarter.","NPAs rose to 0.55% of assets from 0.48%; net charge-offs $362k vs $2.7M prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-013888","json":"https://secwatch.observer/filing/0001437749-24-013888.json","markdown":"https://secwatch.observer/filing/0001437749-24-013888.md","text":"https://secwatch.observer/filing/0001437749-24-013888.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/719402/000143774924013888/0001437749-24-013888-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/719402/000143774924013888/fxnc20240419_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:00:43.731544+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":"2564417d8d465eb4b3677fd0088bcd901911efca","claim":"FIRST NATIONAL CORP /VA/ reported the three months ended March 31, 2024 results: net income $3.2 million, EPS $0.51.","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 $3.2 million and diluted earnings per common share of $0.51 for the three months ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/719402/000143774924013888/0001437749-24-013888-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"$3.2 million"},{"label":"EPS","value":"$0.51"},{"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"}