secwatch.observer — SEC 8-K summary
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Issuer:     FIRST NATIONAL CORP /VA/ (FXNC)
CIK:        0000719402
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001437749-25-023891
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First National reports record Q2 2025 net income $5.05M, EPS $0.56
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- Net income $5.05M ($0.56 per share); adjusted EPS $0.57; EPS up 44% YoY.
- Net interest margin (FTE) 3.95%, up 16.2% from 3.40% a year ago.
- Efficiency ratio improved to 65.11% from 70.64% in prior year.
- Loans held for investment $1.428B (+46.1% YoY); total deposits $1.803B (+42.5% YoY).
- Tangible book value per share $17.40; dividend maintained at $0.155/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719402/000143774925023891/0001437749-25-023891-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719402/000143774925023891/fxnc20250602_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-023891

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer