Last $7.85 USD
Change Today +0.04 / 0.51%
Volume 236.0
FXNC On Other Exchanges
Symbol
Exchange
OTC US
As of 9:54 AM 07/28/14 All times are local (Market data is delayed by at least 15 minutes).

first national corp/va (FXNC) Snapshot

Open
$7.90
Previous Close
$7.81
Day High
$7.90
Day Low
$7.85
52 Week High
06/17/14 - $8.00
52 Week Low
10/15/13 - $4.41
Market Cap
38.5M
Average Volume 10 Days
1.0K
EPS TTM
$0.92
Shares Outstanding
4.9M
EX-Date
06/4/14
P/E TM
8.5x
Dividend
$0.10
Dividend Yield
0.32%
Current Stock Chart for FIRST NATIONAL CORP/VA (FXNC)

Related News

No related news articles were found.

first national corp/va (FXNC) Related Businessweek News

No Related Businessweek News Found

first national corp/va (FXNC) Details

First National Corporation operates as the bank holding company for First Bank that provides a range of banking services to individuals, small and medium-sized businesses, local governmental entities, and non-profit organizations in Virginia. The company’s deposit products include checking, savings, NOW account, money market, individual retirement accounts, certificates of deposit, and cash management accounts. Its loan products comprise construction loans, including residential and land acquisition and development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by various types of commercial real estate, including multi-family residential buildings, commercial buildings and offices, hotels, small shopping centers, farms, and churches. The company’s loan products also include commercial and industrial loans that are secured by business assets, such as accounts receivable, equipment, and inventory; and secured and unsecured consumer loans, such as unsecured personal loans and lines of credit, automobile loans, deposit account loans, and installment and demand loans. In addition, it provides trust and asset management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and benefit plans; financial planning and brokerage services. Further, the company offers title insurance and investment services; and holds other real estate owned properties. Additionally, it provides Internet banking, mobile banking, remote deposit capture, and other traditional banking services. As of April 23, 2014, the company offered its products and services in the northern Shenandoah Valley region of Virginia through 10 branch offices and a network of ATMs, as well as through its fbvirginia.com Website. First National Corporation was founded in 1907 and is headquartered in Strasburg, Virginia.

141 Employees
Last Reported Date: 03/25/14
Founded in 1907

first national corp/va (FXNC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $350.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $180.0K
Chief Credit Officer, Senior Executive Vice P...
Total Annual Compensation: $200.0K
Compensation as of Fiscal Year 2013.

first national corp/va (FXNC) Key Developments

First National Corporation and First Bank Announce the Appointment of Dennis A. Dysart as Senior Executive Vice President and Chief Operating Officer

On July 24, 2014, First National Corporation appointed Dennis A. Dysart as Senior Executive Vice President and Chief Operating Officer of the company and its wholly-owned subsidiary, First Bank, effective August 11, 2014. Prior to this transition, Mr. Dysart had served as Senior Executive Vice President and Chief Credit Officer of the company and the Bank since February 2012. He had previously served as Executive Vice President and Chief Operating Officer from May 2011 through January 2012, Interim Chief Executive Officer from January 2011 through April 2011, Executive Vice President and Chief Administrative Officer of the Bank from March 2005 through December 2010, Executive Vice President - Administration of the Bank from 2003 to 2005 and Senior Vice President - Administration of the Bank from 1999 to 2003.

First National Corp. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

First National Corp. reported unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported, total interest income was $5,095,000 compared to $5,371,000 a year ago. Net interest income was $4,638,000 compared to $4,654,000 a year ago. Income before income taxes was $2,216,000 compared to loss of $569,000 a year ago. Net income was $1,542,000 or $0.26 basic and diluted per share compared to $261,000 or $0.01 basic and diluted per share a year ago. Net income available to common shareholders were $1,282,000 compared to $31,000 a year ago. Book value at period end was $8.58 compared to $5.83 a year ago. Return on average assets was 1.16% compared to 0.19% a year ago. Return on average equity was 11.05% compared to 2.32% a year ago. For the six months, total interest and dividend income was $10,004,000 compared to $10,778,000 a year ago. Net interest income was $9,065,000 compared to $9,270,000 a year ago. Income before income taxes was $3,845,000 compared to $685,000 a year ago. Net income was $2,688,000 or $0.45 basic and diluted per share compared to $1,244,000 or $0.16 basic and diluted per share a year ago. Net income available to common shareholders were $2,207,000 compared to $789,000 a year ago. Book value at period end was $8.58 compared to $5.83 a year ago. Return on average assets was 1.03% compared to 0.47% a year ago. Return on average equity was 9.81% compared to 5.57% a year ago.

First National Corporation Launches New Mortgage Division 'First Mortgage'; George Ballew Joins First Bank as the Chief Executive Officer of the Division

First National Corporation, the parent company of First Bank, has announced the launch of a new mortgage division named, 'First Mortgage.' The company said that George Ballew has joined First Bank as the chief executive officer of the division, which will be headquartered in Staunton, Virginia. Ballew has over 27 years of mortgage lending experience, with nearly 20 years in the Staunton market. He has most recently served as a senior vice president and mortgage market manager.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FXNC:US $7.85 USD +0.04

FXNC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for FXNC.
View Industry Companies
 

Industry Analysis

FXNC

Industry Average

Valuation FXNC Industry Range
Price/Earnings 3.7x
Price/Sales 1.4x
Price/Book 0.9x
Price/Cash Flow 3.4x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FIRST NATIONAL CORP/VA, please visit www.firstbank-va.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.