First national corp /va/ (FXNC)
CashFlow / Quarterly
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'11Mar'11
Cash Flows from Operating Activities
Net income

1,705

2,716

2,493

2,086

2,261

2,321

2,676

2,451

2,687

1,317

1,832

1,756

1,543

1,681

1,694

1,433

1,099

941

726

444

544

3,696

1,247

1,542

1,146

7,390

1,240

261

983

943

688

694

475

-8,133

-2,886

-945

1,003

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment

327

332

334

332

337

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

246

248

248

271

240

252

274

266

287

283

288

304

294

298

Depreciation and amortization of premises and equipment

-

-

-

-

-

-

-

-

345

349

340

346

351

346

341

335

334

335

330

328

238

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of core deposit intangibles

52

61

71

80

90

99

108

120

131

141

151

160

169

179

187

198

207

216

226

196

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

4

5

4

5

4

4

5

4

4

5

4

5

4

4

5

4

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination of loans held for sale

2,133

5,268

3,480

2,415

1,602

1,475

1,747

1,865

192

2,491

2,716

3,154

1,428

1,950

2,225

3,600

1,506

2,670

3,712

5,571

2,210

-

-

-

-

0

0

768

1,799

3,348

1,827

1,760

1,692

2,131

2,276

831

3,170

Proceeds from sale of loans held for sale

1,710

6,288

3,091

1,965

1,843

1,595

2,465

753

571

2,764

3,109

2,189

1,798

2,708

3,041

2,335

1,327

2,861

5,272

3,643

2,593

-

-

-

-

22

47

833

2,361

2,916

1,878

2,139

1,679

1,894

2,301

1,003

3,338

Net gains on sales of loans held for sale

31

89

34

25

22

23

39

15

9

51

54

34

33

42

50

31

21

43

53

50

55

-

-

-

-

22

47

65

59

71

51

49

43

37

25

22

47

Provision for loan losses

900

-

-

-

-

500

0

0

100

100

0

0

0

-

-

-

-

-

-

-

-

-3,150

-100

-400

-200

-2,950

275

2,000

250

-

-

-

-

-

-

-

-

Provision for other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

63

23

395

212

274

174

-2,265

805

650

2,000

-7,837

5,575

3,550

270

Provision for other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,164

-168

-401

-

-927

-46

-130

Gain (Loss) on Sale of Securities, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

4

0

6

-3

0

0

-52

-

-

-

-

-

-

-

-

0

167

1

1,117

-

-

-

-

Net gains on sale of other real estate owned

-

-

-

-

-

0

-2

0

24

191

0

0

0

0

2

97

94

2

0

15

57

73

74

159

1

27

-11

-52

116

-19

47

160

90

-

-

-

-

Increase in cash value of bank owned life insurance

115

123

131

99

103

97

107

76

91

104

117

102

85

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of discounts and amortization of premiums on securities, net

157

145

162

147

138

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of premium on time deposits

-12

-14

-14

-16

-16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

123

107

86

103

106

90

74

101

103

89

74

159

69

67

63

-

-

-

-

-

-

-

-

Accretion of discounts and amortization of premiums on securities, net

-

-

-

-

-

-

-

-

-138

-150

-168

-157

-156

-186

-219

-218

-219

-200

-210

-163

-148

-165

-168

-162

-160

-150

-205

-226

-278

-299

-217

-198

-171

-172

-134

-101

-104

Accretion of premium on time deposits

-

-

-

-

-

-

-

-

-22

-23

-25

-27

-29

-34

-39

-43

-51

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

132

24

91

25

43

19

81

19

70

12

53

12

64

41

16

16

40

29

18

9

43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits on stock-based compensation

2

0

0

0

2

0

0

0

7

0

0

0

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on disposal of premises and equipment

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-2

-598

0

203

-206

-

-

-

-

-

-

-

-

Deferred income tax benefit

-170

89

-19

-62

-16

63

21

14

37

1,441

-1

-55

-102

81

-2

425

-76

-89

145

80

-2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Increase in interest receivable

59

12

-110

20

30

-25

65

204

-47

30

158

-25

7

115

19

-129

80

118

120

167

-5

-66

69

-47

3

-37

-86

-5

-29

-122

45

13

-97

-40

-46

74

-35

Decrease (increase) in other assets

-610

-302

411

541

170

53

-150

160

-1,394

1,066

137

167

-168

-681

215

395

45

-333

-87

375

5

1,344

-366

95

-437

-675

-234

1,236

-470

-752

-2,703

-628

463

-47

1,963

-1,169

439

Increase in accrued expenses and other liabilities

320

238

393

-577

394

26

506

-153

-743

-1,653

-159

-692

280

-789

1,121

-614

688

-219

-910

1,139

151

1,428

81

-463

-674

-48

-133

-272

1,113

553

67

341

-256

-156

331

-1,104

542

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

2,835

-

3,953

233

1,953

1,614

2,123

-511

1,375

1,980

3,130

832

1,064

990

2,332

1,780

3,579

-

-

-

-

-

-

-

-

Net cash provided by operating activities

3,386

4,957

2,660

1,085

3,149

3,475

4,508

1,339

4,436

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,513

3,122

1,445

2,786

2,432

3,154

2,064

Cash Flows from Investing Activities
Proceeds from maturities, calls, and principal payments of securities available for sale

5,318

7,600

6,222

4,219

3,990

4,430

3,200

5,012

3,052

16,975

4,079

3,733

3,370

4,272

6,337

4,686

7,531

5,889

4,146

4,022

3,668

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,850

0

1,941

0

24,217

-

-

-

-

Proceeds from maturities, calls, and principal payments of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,161

3,195

3,052

2,664

5,912

5,462

7,999

9,847

4,566

6,982

7,726

12,101

1,154

7,188

2,733

Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,481

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities, calls, and principal payments of securities held to maturity

516

571

580

637

452

789

1,415

1,045

1,368

-

1,395

1,123

1,345

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from redemption of restricted securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

270

0

0

168

0

1

0

169

-

-

-

-

-

-

-

-

Purchases of securities available for sale

10,479

14,666

942

892

502

486

0

18,470

8,676

14,310

7,781

1,079

0

-

-

-

-

3,085

0

27,123

10,515

0

0

4,429

9,790

1,082

6,775

24,324

9,892

3,996

15,502

9,372

25,226

19,922

5,745

22,138

8,885

Net purchase of restricted securities

42

0

105

0

13

98

0

0

20

0

0

0

22

0

-510

510

157

0

0

-608

633

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

15,000

0

-7,500

Purchase of premises and equipment

199

147

98

232

553

850

266

136

287

308

349

138

275

279

348

95

311

231

546

812

410

211

104

83

77

316

110

-104

226

134

135

153

131

221

157

78

16

Proceeds from sale of premises and equipment

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

-

-

-

-

-

-

Proceeds from sale of other real estate owned

-

-

-

-

-

0

66

0

350

441

0

0

0

0

444

1,740

698

363

0

130

224

0

481

1,005

16

691

1,000

889

1,038

397

1,226

1,392

2,423

2,537

400

202

182

Purchase of bank owned life insurance

-

0

0

0

3,000

-

-

-

0

-

-

-

-

11

0

0

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from cash value of bank owned life insurance

-

-

-

-

-

0

0

0

347

380

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans

7,771

3,321

-3,618

24,630

7,682

3,327

9,126

10,298

-1,111

7,569

11,017

6,070

11,573

15,522

5,412

11,256

15,118

32,916

15,692

-5,544

20,282

3,567

8,841

7,973

2,601

-11,437

-9,251

-1,922

-1,121

5,207

-1,521

-4,713

1,176

-3,474

-4,273

-7,350

-3,897

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-7,155

-

3,863

2,050

-7,876

-42,297

-29,079

124,508

-27,948

18,422

-4,303

-4,832

-9,232

13,396

9,279

-15,950

2,062

-

-

-

-

-

-

-

-

Net cash used in investing activities

-12,648

-9,963

9,275

-20,898

-7,308

458

-4,696

-22,847

-2,755

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,948

3,929

7,833

-942

2,452

7,818

-9,589

Cash Flows from Financing Activities
Net increase in demand deposits and savings accounts

16,339

-

-

-

15,587

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in demand deposits and savings accounts

-

-

-

-

-

-

-

-3,552

25,461

12,099

-8,678

10,987

10,778

8,055

12,221

485

10,367

18,327

-2,341

2,320

-792

14,930

-7,651

-6,213

14,583

1,356

890

9,770

8,220

15,745

102

1,147

9,817

7,684

227

4,695

9,653

Net decrease in time deposits

-2,142

-2,199

1,928

589

-1,913

-586

-2,447

-2,723

2,406

-3,358

3,137

-3,901

-1,550

-3,193

-1,786

-3,214

-4,314

-5,055

-4,551

-6,945

-4,760

-9,511

-4,628

-4,278

-3,605

-21,908

-5,585

-3,792

-5,157

-5,786

-1,838

-7,048

-14,394

3,466

-18,699

-5,924

4,570

Decrease in federal funds purchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,955

-1,903

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in other borrowings

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,007

6

7

6

6

6

6

6

8

8,006

6

5,006

15,007

8,005

10,007

10,005

Net increase in other borrowings

-

-

-

-

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,994

-

-

-

-

-

-

-

-

-

-

-

-

9,001

15,000

8,001

10,000

Cash dividends paid on common stock, net of reinvestment

512

417

420

419

418

232

233

231

233

162

161

162

161

138

137

138

137

113

115

112

114

-

-

-

-

-

-

-

-

-

-

-

-

-1

-8

290

259

Cash dividends paid on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

296

328

328

329

328

328

190

189

190

189

190

189

190

189

190

189

190

189

189

190

Repurchase of common stock

-

-

-

-

-

-

-

0

24

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

9,067

-

-1,702

9,133

5,916

3,171

-7,342

-22,027

10,902

-6,304

-7,402

-10,801

10,783

-20,748

-4,890

5,782

2,868

-

-

-

-

-

-

-

-

Net cash provided by financing activities

11,567

20,418

-4,632

188

18,236

3,247

-19,637

-6,506

27,610

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,931

1,504

-9,772

4,955

-11,688

-3,684

13,769

Increase in cash and cash equivalents

2,305

15,412

7,303

-19,625

14,077

7,180

-19,825

-28,014

29,291

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

6,344

-17,096

4,899

4,747

-15,765

6,114

11,416

-7

-37,512

-34,298

101,970

-15,671

14,098

-8,575

-14,801

2,615

-6,362

6,721

-8,388

8,509

4,809

-11,366

8,555

-494

6,799

-6,624

7,108

6,244

Supplemental Disclosures of Cash Flow Information
Interest

1,169

1,245

1,287

1,248

1,123

996

901

877

779

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

598

576

544

540

538

550

812

256

246

371

417

438

465

500

599

679

727

813

948

1,036

1,109

1,154

1,213

1,460

1,448

1,514

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

698

0

1,005

271

177

0

389

363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Supplemental Disclosures of Noncash Investing and Financing Activities
Unrealized gains on securities available for sale

2,648

-531

474

1,758

1,935

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gains (losses) on securities available for sale

-

-

-

-

-

-

-

-

-1,091

-955

-237

580

577

-2,746

229

375

1,130

-662

144

-488

916

-97

243

682

682

-288

-501

-2,561

-132

2,589

-373

447

-1,267

-487

780

1,114

308

Unrealized losses on securities transferred from held to maturity to available for sale

-

0

0

0

-431

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of securities transferred from held to maturity to available for sale

-

0

0

0

23,036

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of securities transferred from held to maturity to available for sale

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in pension liability

-

-

-

-

-

-

-

-

-126

126

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer from loans to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

37

280

446

710

228

-

-

-

-

-

557

126

65

-

1,107

1,258

1,922

4,744

558

523

2,292

Transfer from premises and equipment to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

417

0

224

-

-

-

-

-

-

-

-

Issuance of common stock, dividend reinvestment plan

-

-

-

-

-

-

-

-

15

11

12

11

12

10

10

10

11

9

8

12

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock, dividend reinvestment plan

35

30

27

28

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan originated from sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

640

Issuance of common stock dividend reinvestment plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

35

36

First National Corporation 2014 Stock Incentive Plan [Member]
Repurchase of common stock

47

-

-

-

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock Repurchase Plan [Member]
Repurchase of common stock

2,071

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-