---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-014094"
form_type: "8-K"
ticker: "FXNC"
cik: "0000719402"
company_name: "FIRST NATIONAL CORP /VA/"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:19:38.149131+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First National Q1 EPS $0.54, NIM 3.99%; loan growth 4% annualized, deposits up 8.4%

## Summary
- Net income of $4.9M ($0.54 diluted EPS) vs. $0.18 in Q1 2025; adjusted EPS $0.54.
- Net interest margin (FTE) 3.99%, up 22 bps YoY from 3.77%.
- Loans held for investment rose $14.7M (4.0% annualized) to $1.450B; deposits up $37.7M (8.4% annualized) to $1.837B.
- Non-performing assets improved to 0.21% of total assets from 0.32% in prior quarter.
- Tangible book value per share grew to $19.11 from $18.83 at Dec 31, 2025; dividend $0.17/share unchanged.

## SEC filing metadata
- accession: 0001437749-26-014094
- form_type: 8-K
- ticker: FXNC
- cik: 0000719402
- company_name: FIRST NATIONAL CORP /VA/
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719402/000143774926014094/0001437749-26-014094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719402/000143774926014094/fxnc20260324_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-014094
- JSON: https://secwatch.observer/filing/0001437749-26-014094.json
- Plain text: https://secwatch.observer/filing/0001437749-26-014094.txt

## Key facts
- Earnings Releases
  FIRST NATIONAL CORP /VA/ reported first quarter ended March 31, 2026 results: net income $4.9 million, EPS $0.54.
  - Period: first quarter ended March 31, 2026
  - Net income: $4.9 million
  - EPS: $0.54
  - Result: reported results
  source text: reported consolidated net income of $4.9 million and basic and diluted earnings per common share of $0.54 for the first quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/719402/000143774926014094/0001437749-26-014094-index.htm

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