{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-013652","form_type":"8-K","ticker":"FXNC","cik":"0000719402","company_name":"FIRST NATIONAL CORP /VA/","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.099413+00:00","generated_at":"2026-05-23T02:59:49.909808+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First National Q1 net income $1.52M, adjusted EPS $0.35; net interest margin 3.77%","bullets":["Net income $1.52M ($0.18/share); adjusted net income $3.1M ($0.35/share) excluding $1.9M merger costs.","Net interest margin 3.77%, down from 3.83% in Q4 2024; net interest income fell $908K to $17.5M.","Total assets $2.033B, up 40.5% YoY; loans $1.436B, up 49.5% YoY from Touchstone acquisition.","Completed Touchstone system conversion; pre-tax merger costs $1.9M in Q1; duplicative costs ongoing until late Feb.","Net charge-offs $2.4M (primarily C&I loans); NPAs improved to 0.24% of total assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-013652","json":"https://secwatch.observer/filing/0001437749-25-013652.json","markdown":"https://secwatch.observer/filing/0001437749-25-013652.md","text":"https://secwatch.observer/filing/0001437749-25-013652.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/719402/000143774925013652/0001437749-25-013652-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/719402/000143774925013652/fxnc20250408_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T02:59:49.909808+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}