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AI brief of an SEC Form 8-K · FIRST NATIONAL CORP /VA/ (FXNC)

First National Corporation reports third-quarter net income of $6.9 million, up from $5.6 million

Positive Impact 3 of 5 earnings Written later

First National Corporation reported net income of $6.9 million, or $0.76 per basic share, for the quarter ended September 30, 2026, compared with $5.55 million, or $0.62 per share, a year earlier. For the nine months, net income was $17.5 million, or $1.94 per basic share, versus $12.2 million, or $1.36, in the same period of 2025. The company also said it expects a one-time gain in the fourth quarter from the early October sale of two North Carolina banking offices, though the filing does not state the amount.

Key points

  • Q3 2026 net income of $6.9 million and basic EPS of $0.76, versus $5.55 million and $0.62 in Q3 2025
  • Net interest margin (FTE) of 4.38% for Q3 2026, up from 3.84% a year earlier
  • Nine-month 2026 net income of $17.5 million and basic EPS of $1.94, versus $1.36 a year earlier
  • Tangible book value per share was $19.94 on September 30, 2026, up from $18.26 on September 30, 2025

The filing

CompanyFIRST NATIONAL CORP /VA/ (FXNC)
Form8-K, current report
Filed with the SECOct 23, 2026, 8:32 AM ET
Accession number0001437749-26-033337

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.