---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-002351"
form_type: "8-K"
ticker: "FXNC"
cik: "0000719402"
company_name: "FIRST NATIONAL CORP /VA/"
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:43:03.626695+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First National reports record Q4 net income $5.5M, EPS $0.61; full-year adjusted EPS $2.13

## Summary
- Q4 net income $5.5M ($0.61 EPS); full-year net income $17.7M ($1.97 EPS) and adjusted $19.1M ($2.13 EPS).
- Net interest margin (FTE) expanded to 3.95% in Q4 from 3.84% prior quarter and 3.83% year ago.
- Loan growth of $16.3M in Q4 (4.6% annualized); nonperforming assets improved to 0.32% of loans.
- Quarterly dividend raised 9.7% to $0.17 per share; tangible book value per share grew 14% to $18.83.
- Redeemed $13M in subordinated debt during Q4 with no gain/loss; capital ratios remain strong.

## SEC filing metadata
- accession: 0001437749-26-002351
- form_type: 8-K
- ticker: FXNC
- cik: 0000719402
- company_name: FIRST NATIONAL CORP /VA/
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719402/000143774926002351/0001437749-26-002351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719402/000143774926002351/fxnc20251204_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-002351
- JSON: https://secwatch.observer/filing/0001437749-26-002351.json
- Plain text: https://secwatch.observer/filing/0001437749-26-002351.txt

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