Revenue
$14.29M
Fiscal year ended 2025-12-31Net income
$17.70M
Fiscal year ended 2025-12-31Total assets
$2.04B
Fiscal year ended 2025-12-31FIRST NATIONAL CORP /VA/ (FXNC) reported revenue of $14.29M and net income of $17.70M for the fiscal year ended 2025-12-31. This page shows 9 annual periods of income statement, balance sheet and cash flow figures normalized from FIRST NATIONAL CORP /VA/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.29M | $14.18M | $10.24M | $10.07M | $9.02M | $7.49M | $7.81M | $7.72M | $7.18M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $17.70M | $6.97M | $9.62M | $16.80M | $10.36M | $8.86M | $9.56M | $10.14M | $6.45M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 9.02M | shares 6.97M | shares 6.28M | shares 6.26M | shares 5.56M | shares 4.88M | shares 4.97M | shares 4.96M | shares 4.94M |
| Pretax income | $21.94M | $8.05M | $11.80M | $20.75M | $12.94M | $10.91M | $11.79M | $12.42M | $10.17M |
| Income tax expense | $4.24M | $1.08M | $2.18M | $3.95M | $2.59M | $2.05M | $2.24M | $2.29M | $3.73M |
| Diluted EPS | $1.96 | $1.00 | $1.53 | $2.68 | $1.86 | $1.82 | $1.92 | $2.04 | $1.30 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $160.91M | $162.87M | $87.16M | Unavailable | Unavailable | Unavailable | Unavailable | $28.62M | $39.99M |
| Total assets | $2.04B | $2.01B | $1.42B | $1.37B | $1.39B | $950.93M | $800.05M | $752.97M | $739.11M |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $1.85B | $1.84B | $1.30B | $1.26B | $1.27B | $866.02M | $722.83M | $686.30M | $680.96M |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $186.20M | $166.53M | $116.27M | $108.36M | $117.04M | $84.92M | $77.22M | $66.67M | $58.15M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $3.03M | $3.03M | $3.03M | $3.03M | $3.03M | $0 | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $25.11M | -$22.20M | $16.39M | $26.77M | $7.87M | $15.09M | $11.85M | $13.76M | $6.57M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$29.41M | $136.83M | -$34.34M | -$120.14M | -$126.30M | -$70.49M | -$28.89M | -$29.84M | -$26.54M |
| Financing cash flow | $2.34M | -$38.91M | $38.20M | -$15.72M | $167.14M | $136.91M | $34.21M | $4.71M | $18.87M |
| Net change in cash | -$1.96M | $75.71M | $20.25M | -$109.09M | $48.71M | $81.51M | $17.17M | -$11.37M | -$1.11M |
| Stock-based compensation | $1.18M | $635.00K | $753.00K | $785.00K | $354.00K | $290.00K | $183.00K | $189.00K | $141.00K |
| Common dividends paid | $5.52M | $4.04M | $3.60M | $3.31M | $2.50M | $2.01M | $1.67M | $929.00K | $646.00K |
| Common share repurchases | Unavailable | Unavailable | Unavailable | $0 | $0 | Unavailable | Unavailable | $25.00K | $0 |
| Depreciation & amortization | $2.76M | $1.94M | $1.60M | $1.50M | $1.38M | $1.32M | $1.34M | $1.35M | $1.39M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 8.3% | 4.5% | 7.4% | 7.8% | 3.9% | 3.9% | 2.3% | 2.4% | 2.0% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 0.8% | 38.5% | 1.7% | 11.6% | 20.4% | -4.1% | 1.2% | 7.4% | Unavailable |
| Net margin | 123.9% | 49.1% | 94.0% | 166.8% | 114.9% | 118.2% | 122.4% | 131.3% | 89.7% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 19.3% | 13.4% | 18.5% | 19.0% | 20.0% | 18.8% | 19.0% | 18.4% | 36.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FXNC in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-13View SEC filing
10-K · Filed 2026-03-25View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-14View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.