---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-035507"
form_type: "8-K"
ticker: "FXNC"
cik: "0000719402"
company_name: "FIRST NATIONAL CORP /VA/"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-30T00:01:09.814536+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CFO M. Shane Bell resigns; Bruce E. Thomas appointed interim CFO

## Summary
- M. Shane Bell resigns as EVP & CFO of First National Corporation and First Bank, effective Dec 2, 2024.
- Resignation is not due to any disagreement with the Company; he is pursuing another business opportunity.
- Bruce E. Thomas (61), current SVP of Finance at First Bank since 2022, appointed interim CFO.
- Thomas previously served as EVP & CFO at Essex Bank and Community Bankers Trust Corporation (1990-2021).

## SEC filing metadata
- accession: 0001437749-24-035507
- form_type: 8-K
- ticker: FXNC
- cik: 0000719402
- company_name: FIRST NATIONAL CORP /VA/
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719402/000143774924035507/0001437749-24-035507-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719402/000143774924035507/fxnc20241115c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-035507
- JSON: https://secwatch.observer/filing/0001437749-24-035507.json
- Plain text: https://secwatch.observer/filing/0001437749-24-035507.txt

## Key facts
- Executive change
  Bruce E. Thomas was appointed as interim Chief Financial Officer at FIRST NATIONAL CORP /VA/.
  - Action: appointed
  - Role: interim Chief Financial Officer
  source text: The Company has appointed Bruce E. Thomas as interim Chief Financial Officer of the Company and the Bank, effective December 2, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/719402/000143774924035507/0001437749-24-035507-index.htm
- Executive change
  M. Shane Bell departed as Executive Vice President and Chief Financial Officer at FIRST NATIONAL CORP /VA/.
  - Action: resignation
  - Role: Executive Vice President and Chief Financial Officer
  source text: On November 15, 2024, M. Shane Bell notified the Board of Directors of First National Corporation (the “Company”) and its wholly-owned subsidiary, First Bank (the “Bank”), of his resignation as Executive Vice President and Chief Financial Officer of the Company and the Bank, effective December 2, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/719402/000143774924035507/0001437749-24-035507-index.htm

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