First national corp /va/ (FXNC)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Cash and due from banks

30,551

9,675

11,885

12,354

10,862

13,378

11,370

13,501

11,185

11,358

9,162

9,801

10,593

10,106

8,955

10,518

10,250

8,247

9,890

11,870

7,529

6,043

6,862

6,587

7,106

5,767

8,649

8,104

7,678

7,266

6,655

7,684

9,477

6,314

6,409

8,431

5,048

Interest-bearing deposits in banks

17,539

36,110

18,488

10,716

31,833

15,240

10,068

27,762

58,092

28,628

24,480

40,937

35,246

30,986

47,902

40,225

29,077

31,087

66,956

99,274

1,645

18,802

3,885

12,735

27,017

25,741

29,221

23,045

31,859

23,762

19,564

29,901

19,553

23,210

16,316

21,098

10,949

Securities available for sale, at fair value

128,660

120,983

114,568

119,510

-

99,857

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities held to maturity, at amortized cost (fair value, 2020, $17,626; 2019, $17,646)

17,086

17,627

18,222

18,828

-

43,408

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,500

Securities available for sale, at fair value

-

-

-

-

121,202

-

102,748

106,707

93,699

89,255

93,102

89,741

91,907

94,802

88,323

94,566

99,019

105,559

109,166

112,468

90,855

83,292

104,710

108,884

110,561

103,301

105,321

105,163

89,089

89,456

95,839

87,267

84,627

91,665

85,460

82,780

60,420

Securities held to maturity, at amortized cost (fair value, 2019, $19,190; 2018, $42,394)

-

-

-

-

19,489

-

44,239

45,701

46,791

48,208

49,376

50,824

51,999

53,398

55,263

57,401

64,963

66,519

54,276

37,343

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted securities, at cost

1,848

1,806

1,806

1,701

1,701

1,688

1,590

1,590

1,590

1,570

1,570

1,570

1,570

1,548

1,548

2,058

1,548

1,391

1,391

1,391

1,999

1,366

1,636

1,636

1,636

1,804

1,804

1,805

1,805

1,974

1,973

2,408

2,775

2,775

2,889

2,859

3,153

Loans held for sale

621

167

1,098

675

-

419

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

200

-

516

1,195

68

438

660

999

0

337

1,053

1,819

523

323

471

1,978

-

328

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

181

-

-

-

0

-

-

503

-

-

329

274

-

-

271

Loans, net of allowance for loan losses, 2020, $5,584; 2019, $4,934

576,283

569,412

566,341

569,959

545,529

537,847

535,020

525,894

515,664

516,875

509,406

498,389

492,319

480,746

465,224

459,812

448,556

433,475

400,838

385,592

391,746

371,692

364,974

357,484

349,250

346,449

354,952

365,035

369,583

370,519

366,703

370,136

376,758

379,503

390,706

401,724

418,994

Other Real Estate, Foreclosed Assets, and Repossessed Assets

-

-

-

-

-

-

0

68

0

326

250

250

250

250

250

442

2,112

2,679

2,760

2,407

1,949

1,888

1,807

2,221

2,992

3,030

3,833

4,084

5,173

5,590

5,323

5,420

5,562

6,374

5,576

5,696

3,961

Premises and equipment, net

19,619

19,747

19,946

20,182

20,282

20,066

19,557

19,633

19,833

19,891

20,510

20,501

20,709

20,785

20,852

21,126

21,366

21,389

21,493

21,277

16,298

16,126

16,175

16,305

16,470

16,642

17,417

17,992

18,130

18,589

19,181

19,312

19,446

19,598

19,657

19,804

20,302

Accrued interest receivable

2,124

2,065

2,053

2,163

-

2,113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest receivable

-

-

-

-

2,143

-

2,138

2,073

1,869

1,916

1,886

1,728

1,753

1,746

1,631

1,612

1,741

1,661

1,543

1,423

1,256

1,261

1,327

1,258

1,305

1,302

1,339

1,425

1,430

1,459

1,581

1,536

1,523

1,620

1,660

1,706

1,667

Bank owned life insurance

17,562

17,447

17,324

17,193

17,094

13,991

13,894

13,787

13,711

13,967

14,232

14,115

14,013

13,928

13,808

13,935

13,828

11,742

11,627

11,521

11,431

11,357

11,244

11,141

11,052

10,978

9,213

9,144

9,077

10,609

-

-

-

-

-

-

-

Core deposit intangibles, net

118

170

231

302

-

472

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Core deposit intangibles, net

-

-

-

-

382

-

571

679

799

930

1,071

1,222

1,382

1,551

1,730

1,917

2,115

2,322

2,539

2,765

-

55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

4,401

4,839

5,231

4,801

4,361

4,490

4,743

4,774

4,553

5,748

5,798

5,580

5,555

5,817

6,133

5,917

5,945

5,927

5,945

6,518

5,701

5,955

6,609

7,072

7,206

7,876

4,706

4,942

3,705

2,970

4,863

7,566

8,193

7,731

12,848

11,151

12,364

Total assets

816,412

800,048

777,193

778,384

775,078

752,969

746,454

763,364

767,854

739,110

731,503

735,657

727,296

716,000

712,672

711,348

701,043

692,321

688,895

695,827

530,409

518,165

519,410

525,323

534,595

522,890

536,455

540,739

537,529

532,697

521,682

531,230

528,243

539,064

541,521

555,249

544,629

Liabilities
Noninterest-bearing demand deposits

197,662

189,623

189,797

186,553

189,261

181,964

186,293

196,839

189,460

180,912

179,351

176,780

173,963

168,076

168,204

159,278

161,783

157,070

149,178

147,790

109,927

104,986

103,019

99,396

101,813

92,901

95,609

91,946

90,789

85,118

83,916

82,868

85,043

81,714

81,836

82,727

78,964

Savings and interest-bearing demand deposits

407,555

399,255

376,047

385,399

-

369,383

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Savings and interest-bearing demand deposits

-

-

-

-

377,673

-

360,988

367,399

378,330

361,417

350,879

362,128

353,958

349,067

340,884

337,589

334,599

328,945

318,510

322,239

231,885

237,618

224,655

235,929

239,725

234,054

229,990

232,763

224,150

221,601

207,058

208,004

204,682

198,194

190,388

189,270

178,685

Time deposits

115,410

117,564

119,777

117,863

117,290

119,219

119,823

122,291

125,035

122,651

126,032

122,920

126,848

128,427

131,654

133,479

136,736

141,101

146,219

150,853

96,974

101,734

111,245

115,873

120,151

123,756

145,664

151,249

155,041

160,198

165,984

167,822

174,870

189,264

185,798

204,497

205,851

Total deposits

720,627

706,442

685,621

689,815

684,224

670,566

667,104

686,529

692,825

664,980

656,262

661,828

654,769

645,570

640,742

630,346

633,118

627,116

613,907

620,882

438,786

444,338

438,919

451,198

461,689

450,711

471,263

475,958

469,980

466,917

456,958

458,694

464,595

469,172

458,022

476,494

463,500

Other borrowings

-

-

-

-

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds purchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,955

52

5,325

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,000

-

-

7

13

15,020

26

6,033

6,039

6,046

6,052

6,058

6,064

6,070

6,076

6,082

14,088

14,094

19,100

25,106

18,111

20,122

Subordinated debt

4,987

4,983

4,978

4,974

4,969

4,965

4,961

4,956

4,952

4,948

4,943

4,939

4,934

4,930

4,926

4,921

4,917

4,913

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Junior subordinated debt

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

9,279

-

-

-

9,279

-

-

-

Accrued interest payable and other liabilities

3,001

2,125

1,999

1,507

-

1,485

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trust preferred capital notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,279

9,279

-

-

-

-

-

Trust preferred capital notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,279

-

9,279

9,279

9,279

Accrued interest payable and other liabilities

-

-

-

-

1,878

-

1,459

952

1,105

1,749

3,485

3,644

4,336

4,070

6,742

5,544

6,029

5,060

5,303

6,214

5,057

4,906

2,232

2,151

2,614

3,288

6,244

6,377

6,649

5,536

4,540

4,473

4,131

4,417

3,099

-

3,230

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,768

-

Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

Total liabilities

737,894

722,829

701,877

705,575

705,350

686,295

682,803

701,716

708,161

680,956

673,969

679,690

673,318

663,849

661,689

662,090

653,343

646,368

628,496

636,388

470,097

458,601

461,788

468,667

479,628

469,330

492,844

497,678

491,978

487,808

476,859

486,534

492,099

501,968

495,506

506,652

496,131

Shareholders’ Equity
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

-

0

14,595

14,595

14,595

14,595

14,595

14,595

14,595

14,564

14,525

14,485

14,446

14,409

14,372

14,335

14,299

14,263

14,229

14,194

14,127

Common stock, par value $1.25 per share; authorized 8,000,000 shares; issued and outstanding, 2020, 4,849,692 shares; 2019, 4,969,716 shares

6,062

6,212

6,210

6,206

6,204

6,197

6,196

6,192

6,191

6,182

6,181

6,177

6,176

6,162

6,158

6,157

6,156

6,145

6,141

6,139

6,137

6,131

6,130

6,128

6,127

6,127

6,127

6,127

6,127

6,127

6,127

6,127

3,695

3,695

3,695

3,695

3,686

Surplus

5,899

7,700

7,648

7,566

7,515

7,471

7,438

7,346

7,312

7,260

7,238

7,177

7,155

7,093

7,046

7,021

6,996

6,956

6,922

6,899

6,881

6,835

6,828

6,821

6,813

6,813

6,813

6,813

6,813

6,813

6,813

6,813

1,644

1,644

1,644

1,644

1,582

Retained earnings

63,741

62,583

60,314

58,268

56,629

54,814

52,741

50,313

48,109

45,670

44,368

42,709

41,126

39,756

38,223

36,676

35,391

34,440

33,917

33,642

33,649

33,557

30,312

29,516

28,286

27,360

20,199

19,188

19,156

18,399

17,683

17,221

16,753

16,503

24,859

27,991

28,969

Accumulated other comprehensive income, net

2,816

724

1,144

769

-620

-1,808

-2,724

-2,203

-1,919

-958

-253

-96

-479

-860

-444

-596

-843

-1,588

-1,176

-1,836

-950

-1,554

-243

-404

-854

-1,304

-4,053

-3,552

-991

-859

-172

200

-247

991

1,588

1,073

134

Total shareholders’ equity

78,518

77,219

75,316

72,809

69,728

66,674

63,651

61,648

59,693

58,154

57,534

55,967

53,978

52,151

50,983

49,258

47,700

45,953

60,399

59,439

60,312

59,564

57,622

56,656

54,967

53,560

43,611

43,061

45,551

44,889

44,823

44,696

36,144

37,096

46,015

48,597

48,498

Total liabilities and shareholders’ equity

816,412

800,048

777,193

778,384

775,078

752,969

746,454

763,364

767,854

739,110

731,503

735,657

727,296

716,000

712,672

711,348

701,043

692,321

688,895

695,827

530,409

518,165

519,410

525,323

534,595

522,890

536,455

540,739

537,529

532,697

521,682

531,230

528,243

539,064

541,521

555,249

544,629