---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-003857"
form_type: "8-K"
ticker: "FXNC"
cik: "0000719402"
company_name: "FIRST NATIONAL CORP /VA/"
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T03:09:25.716526+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-26-003857
- form_type: 8-K
- ticker: FXNC
- cik: 0000719402
- company_name: FIRST NATIONAL CORP /VA/
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719402/000143774926003857/0001437749-26-003857-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719402/000143774926003857/fxnc20260211_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-003857
- JSON: https://secwatch.observer/filing/0001437749-26-003857.json
- Plain text: https://secwatch.observer/filing/0001437749-26-003857.txt

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