First National to sell two NC offices, consolidate three VA branches; office count to drop to 28

FIRST NATIONAL CORP /VA/

Selling two North Carolina banking offices in Roanoke Rapids and Louisburg to a Virginia-based financial institution.
Consolidating three Virginia banking offices into nearby locations; office count reduces from 33 to 28.
No layoffs; employees at sold branches will be offered jobs by buyer, consolidated office staff reassigned within bank.
Expects one-time gain on sale; transactions subject to regulatory approvals and closing in H2 2026.
Part of strategic plan to streamline operations and allocate resources to growing markets.

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