---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-025411"
form_type: "8-K"
ticker: "FXNC"
cik: "0000719402"
company_name: "FIRST NATIONAL CORP /VA/"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:24:50.949597+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First National Corp and Touchstone Bankshares receive regulatory approvals for all-stock merger

## Summary
- Regulatory approvals received from Federal Reserve Bank of Richmond and Virginia Bureau of Financial Institutions.
- Merger expected to close in Q4 2024, pending shareholder votes on August 29, 2024.
- Combined company would have ~$2.1B in assets, $1.8B in deposits, and $1.5B in loans (as of March 31, 2024).
- Touchstone Bank customers' accounts conversion anticipated in February 2025.

## SEC filing metadata
- accession: 0001437749-24-025411
- form_type: 8-K
- ticker: FXNC
- cik: 0000719402
- company_name: FIRST NATIONAL CORP /VA/
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719402/000143774924025411/0001437749-24-025411-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719402/000143774924025411/fxnc20240807c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-025411
- JSON: https://secwatch.observer/filing/0001437749-24-025411.json
- Plain text: https://secwatch.observer/filing/0001437749-24-025411.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.