FIRST NATIONAL CORP /VA/ FXNC Cash Flow

First national corp /va/ (FXNC)
CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash Flows from Operating Activities
Net income
9,000	9,556	9,161	9,344	9,709	10,135	9,131	8,287	7,592	6,448	6,812	6,674	6,351	5,907	5,167	4,199	3,210	2,655	5,410	5,931	7,029	7,631	11,325	11,318	10,037	9,874	3,427	2,875	3,308	2,800	-6,276	-9,850	-11,489	-10,961	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment
1,325	1,335	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,013	1,007	1,011	1,037	1,032	1,079	1,110	1,124	1,162	1,169	1,184	0	0	0
Depreciation and amortization of premises and equipment
-	-	-	-	-	-	-	-	1,380	1,386	1,383	1,384	1,373	1,356	1,345	1,334	1,327	1,231	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of core deposit intangibles
264	302	340	377	417	458	500	543	583	621	659	695	733	771	808	847	845	642	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
18	18	17	18	17	17	18	17	18	18	17	18	17	17	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Origination of loans held for sale
13,296	12,765	8,972	7,239	6,689	5,279	6,295	7,264	8,553	9,789	9,248	8,757	9,203	9,281	10,001	11,488	13,459	14,163	0	0	0	-	-	-	-	2,567	5,915	7,742	8,734	8,627	7,410	7,859	6,930	8,408	0	0	0
Proceeds from sale of loans held for sale
13,054	13,187	8,494	7,868	6,656	5,384	6,553	7,197	8,633	9,860	9,804	9,736	9,882	9,411	9,564	11,795	13,103	14,369	0	0	0	-	-	-	-	3,263	6,157	7,988	9,294	8,612	7,590	8,013	6,877	8,536	0	0	0
Net gains on sales of loans held for sale
179	170	104	109	99	86	114	129	148	172	163	159	156	144	145	148	167	201	0	0	0	-	-	-	-	193	242	246	230	214	180	154	127	131	0	0	0
Provision for loan losses
0	-	-	-	-	600	200	200	200	100	0	0	0	-	-	-	-	-	-	-	-	-3,850	-3,650	-3,275	-875	-425	0	0	0	-	-	-	-	-	-	-	-
Provision for other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	488	693	904	1,055	-1,605	-1,012	-636	1,190	-4,382	388	3,288	1,558	0	0	0
Provision for other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Gain (Loss) on Sale of Securities, Net
-	-	-	-	-	-	-	-	-	-	-	-	-	8	7	3	3	-55	0	0	0	-	-	-	-	-	-	-	-	1,285	0	0	0	-	-	-	-
Net gains on sale of other real estate owned
-	-	-	-	-	22	213	215	215	191	0	2	99	193	195	193	111	74	145	219	363	307	261	176	-35	80	34	92	304	278	0	0	0	-	-	-	-
Increase in cash value of bank owned life insurance
468	456	430	406	383	371	378	388	414	408	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of discounts and amortization of premiums on securities, net
611	592	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of premium on time deposits
-56	-60	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	419	402	385	373	371	368	367	367	425	391	369	358	0	0	0	-	-	-	-	-	-	-	-
Accretion of discounts and amortization of premiums on securities, net
-	-	-	-	-	-	-	-	-613	-631	-667	-718	-779	-842	-856	-847	-792	-721	-686	-644	-643	-655	-640	-677	-741	-859	-1,008	-1,020	-992	-885	-758	-675	-578	-511	0	0	0
Accretion of premium on time deposits
-	-	-	-	-	-	-	-	-97	-104	-115	-129	-145	-167	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
272	183	178	168	162	189	182	154	147	141	170	133	137	113	101	103	96	99	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits on stock-based compensation
2	2	2	2	2	7	7	7	7	14	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on disposal of premises and equipment
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-600	-600	-397	-601	0	0	0	-	-	-	-	-	-	-	-
Deferred income tax benefit
-162	-8	-34	6	82	135	1,513	1,491	1,422	1,283	-77	-78	402	428	258	405	60	134	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Increase in interest receivable
-19	-48	-85	90	274	197	252	345	116	170	255	116	12	85	88	189	485	400	216	165	-49	-41	-12	-167	-125	-157	-242	-111	-93	-161	-79	-170	-109	-47	0	0	0
Decrease (increase) in other assets
40	820	1,175	614	233	-1,331	-318	-31	-24	1,202	-545	-467	-239	-26	322	20	0	-40	1,637	1,358	1,078	636	-1,383	-1,251	-110	-143	-220	-2,689	-4,553	-3,620	-2,915	1,751	1,210	1,186	0	0	0
Increase in accrued expenses and other liabilities
374	448	236	349	773	-364	-2,043	-2,708	-3,247	-2,224	-1,360	-80	-2	406	976	-1,055	698	161	1,808	2,799	1,197	372	-1,104	-1,318	-1,127	660	1,261	1,461	2,074	705	-4	260	-1,185	-387	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	7,753	5,923	5,179	4,601	4,967	5,974	7,317	7,006	6,016	5,218	6,166	8,681	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by operating activities
12,088	11,851	10,369	12,217	12,471	13,758	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,866	9,785	9,817	10,436	0	0	0
Cash Flows from Investing Activities
Proceeds from maturities, calls, and principal payments of securities available for sale
23,359	22,031	18,861	15,839	16,632	15,694	28,239	29,118	27,839	28,157	15,454	17,712	18,665	22,826	24,443	22,252	21,588	17,725	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,850	1,850	3,791	3,791	26,158	0	0	0	-	-	-	-
Proceeds from maturities, calls, and principal payments of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,072	14,823	17,090	22,037	29,220	27,874	29,394	29,121	31,375	27,963	28,169	23,176	0	0	0
Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities, calls, and principal payments of securities held to maturity
2,304	2,240	2,458	3,293	3,701	4,617	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from redemption of restricted securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	438	168	169	169	170	0	0	0	-	-	-	-	-	-	-	-
Purchases of securities available for sale
26,979	17,002	2,822	1,880	19,458	27,632	41,456	49,237	31,846	23,170	0	0	0	-	-	-	-	40,723	37,638	37,638	14,944	14,219	15,301	22,076	41,971	42,073	44,987	53,714	38,762	54,096	70,022	60,265	73,031	56,690	0	0	0
Net purchase of restricted securities
147	118	216	111	111	118	20	20	20	22	22	-488	22	157	157	667	-451	25	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in federal funds sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,500	0	0	0
Purchase of premises and equipment
676	1,030	1,733	1,901	1,805	1,539	997	1,080	1,082	1,070	1,041	1,040	997	1,033	985	1,183	1,900	1,999	1,979	1,537	808	475	580	586	399	548	366	391	648	553	640	662	587	472	0	0	0
Proceeds from sale of premises and equipment
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Proceeds from sale of other real estate owned
-	-	-	-	-	416	857	791	791	441	0	444	2,184	2,882	3,245	2,801	1,191	717	354	835	1,710	1,502	2,193	2,712	2,596	3,618	3,324	3,550	4,053	5,438	7,578	6,752	5,562	3,321	0	0	0
Purchase of bank owned life insurance
-	3,000	0	0	0	-	-	-	0	-	-	-	-	2,011	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from cash value of bank owned life insurance
-	-	-	-	-	347	727	727	727	380	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in loans
32,104	32,015	32,021	44,765	30,433	21,640	25,882	27,773	23,545	36,229	44,182	38,577	43,763	47,308	64,702	74,982	58,182	63,346	33,997	27,146	40,663	22,982	7,978	-10,114	-20,009	-23,731	-7,087	643	-2,148	149	-8,532	-11,284	-13,921	-18,994	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-44,260	-77,202	45,256	25,184	85,903	110,679	-18,661	55	-4,971	8,611	-2,507	8,787	0	0	0	-	-	-	-	-	-	-	-
Net cash used in investing activities
-34,234	-28,894	-18,473	-32,444	-34,393	-29,840	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,872	13,272	17,161	-261	0	0	0
Cash Flows from Financing Activities
Net increase in demand deposits and savings accounts
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in demand deposits and savings accounts
-	-	-	-	-	-	-	25,330	39,869	25,186	21,142	42,041	31,539	31,128	41,400	26,838	28,673	17,514	14,117	8,807	274	15,649	2,075	10,616	26,599	20,236	34,625	33,837	25,214	26,811	18,750	18,875	22,423	22,259	0	0	0
Net decrease in time deposits
-1,824	-1,595	18	-4,357	-7,669	-3,350	-6,122	-538	-1,716	-5,672	-5,507	-10,430	-9,743	-12,507	-14,369	-17,134	-20,865	-21,311	-25,767	-25,844	-23,177	-22,022	-34,419	-35,376	-34,890	-36,442	-20,320	-16,573	-19,829	-29,066	-19,814	-36,675	-35,551	-16,587	0	0	0
Decrease in federal funds purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in other borrowings
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,026	25	25	24	24	26	8,026	8,026	13,026	28,025	28,024	38,025	43,024	0	0	0
Net increase in other borrowings
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	42,002	0	0	0
Cash dividends paid on common stock, net of reinvestment
1,768	1,674	1,489	1,302	1,114	929	859	787	718	646	622	598	574	550	525	503	477	454	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	540	0	0	0
Cash dividends paid on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,281	1,313	1,313	1,175	1,035	897	758	758	758	758	758	758	758	758	758	757	758	0	0	0
Repurchase of common stock
-	-	-	-	-	-	-	24	24	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	16,518	10,878	-20,282	-15,296	-24,771	-24,831	-13,605	-13,724	-28,168	-25,656	-9,073	-16,988	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
27,541	34,210	17,039	2,034	-4,660	4,714	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,244	-15,001	-20,189	3,352	0	0	0
Increase in cash and cash equivalents
5,395	17,167	8,935	-18,193	-26,582	-11,368	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-1,106	-23,215	-5	6,512	1,758	-19,989	-60,401	30,153	14,489	66,099	91,822	-24,949	-6,663	-27,123	-11,827	-5,414	480	11,651	-6,436	10,507	1,504	3,494	8,236	6,789	13,527	0	0	0
Supplemental Disclosures of Cash Flow Information
Interest
4,949	4,903	4,654	4,268	3,897	3,553	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	2,258	2,198	2,172	2,440	2,156	1,864	1,685	1,290	1,472	1,691	1,820	2,002	2,243	2,505	2,818	3,167	3,524	3,906	4,247	4,512	4,936	5,275	5,635	0	0	0
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	1,974	1,453	1,453	837	929	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Supplemental Disclosures of Noncash Investing and Financing Activities
Unrealized gains on securities available for sale
4,349	3,636	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gains (losses) on securities available for sale
-	-	-	-	-	-	-	-	-1,703	-35	-1,826	-1,360	-1,565	-1,012	1,072	987	124	-90	475	574	1,744	1,510	1,319	575	-2,668	-3,482	-605	-477	2,531	1,396	-1,680	-527	140	1,715	0	0	0
Unrealized losses on securities transferred from held to maturity to available for sale
-	-431	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of securities transferred from held to maturity to available for sale
-	23,036	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of securities transferred from held to maturity to available for sale
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in pension liability
-	-	-	-	-	-	-	-	0	126	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from loans to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	37	317	763	1,473	1,664	0	0	0	-	-	-	-	-	0	0	0	-	9,031	8,482	7,747	8,117	0	0	0
Transfer from premises and equipment to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Issuance of common stock, dividend reinvestment plan
-	-	-	-	-	-	-	-	49	46	45	43	42	41	40	38	40	37	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock, dividend reinvestment plan
120	113	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan originated from sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Issuance of common stock dividend reinvestment plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	71	0	0	0
First National Corporation 2014 Stock Incentive Plan [Member]
Repurchase of common stock
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock Repurchase Plan [Member]
Repurchase of common stock
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