First Bank is a community bank serving the top of Virginia, the Shenandoah Valley, south central Virginia, and Richmond. First Bank first opened for business in 1907 in Strasburg, Virginia. The Bank offers loan and deposit products and services through its website, www.fbvirginia.com, its mobile banking platform, a network of ATMs located throughout its market area, a loan production office, a customer service center in a retirement community, and 14 bank branch office locations located throughout the Shenandoah Valley and central regions of Virginia.
In addition to providing traditional banking services, the Bank operates a wealth management division under the name First Bank Wealth Management. First Bank also owns First Bank Financial Services, Inc., which invests in entities that provide investment services and title insurance.
Company profile
Ticker
FXNC
Exchange
Website
CEO
Scott Harvard
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
First Bank, Inc. • - First Bank Financial Services, Inc. • - Shen-Valley Land Holdings, LLC • - Bank of Fincastle Financial Service, Inc. • - ESF, LLC ...
IRS number
541232965
SEC advisor number
801-66086
FINRA CRD number
120859
AUM ?
$832.24 mm
(as of 9 Jul 20)
Accounts
1,808
(as of 9 Jul 20)
Employees
8
(6 investment advisory or research)
Address
First National Corp.
112 WEST KING STREET
STRASBURG
VA 22657
112 WEST KING STREET
STRASBURG
VA 22657
Phone
5404659121
FXNC stock data
Latest filings (excl ownership)
8-K
First National Corporation Announces 7% Increase in Cash Dividend
13 Feb 23
8-K
First National Corporation Reports Record Earnings
26 Jan 23
8-K
Other Events
21 Nov 22
10-Q
2022 Q3
Quarterly report
10 Nov 22
8-K
Regulation FD Disclosure
3 Nov 22
8-K
First National Corporation Announces Third Quarter Results and Stock Repurchase Plan
26 Oct 22
8-K
Regulation FD Disclosure
19 Sep 22
8-K
Other Events
15 Aug 22
10-Q
2022 Q2
Quarterly report
15 Aug 22
8-K
First National Corporation Reports Second Quarter 2022 Financial Results
28 Jul 22
Latest ownership filings
4
Boyce E Brannock
21 Mar 23
4/A
SCOTT C HARVARD
14 Mar 23
4/A
SCOTT C HARVARD
14 Mar 23
4/A
SCOTT C HARVARD
14 Mar 23
4/A
DENNIS A DYSART
14 Mar 23
4/A
DENNIS A DYSART
14 Mar 23
4/A
DENNIS A DYSART
14 Mar 23
4/A
MICHAEL SHANE BELL
14 Mar 23
4/A
MICHAEL SHANE BELL
14 Mar 23
4/A
MICHAEL SHANE BELL
14 Mar 23
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Diluted EPS |
Institutional ownership, Q4 2022
18.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 27 |
| Opened positions | 4 |
| Closed positions | 1 |
| Increased positions | 8 |
| Reduced positions | 8 |
| 13F shares | Current |
|---|---|
| Total value | 31.40 bn |
| Total shares | 2.15 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Fourthstone | 624.24 k | $10.69 bn |
| Siena Capital Partners GP | 316.34 k | $5.42 bn |
| TFO USA | 311.44 k | $5.33 bn |
| Banc Funds | 223.12 k | $3.82 mm |
| Cutler Capital Management | 197.04 k | $3.38 bn |
| Graves-Light Private Wealth Management | 86.39 k | $1.48 bn |
| Vanguard | 66.36 k | $1.14 bn |
| River Oaks Capital | 48.16 k | $825.00 k |
| Coppell Advisory Solutions | 46.71 k | $798.31 mm |
| Bridgeway Capital Management | 43.30 k | $741.73 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Mar 23 | Brannock Boyce E | Common Stock, $1.25 par value | Grant | Acquire A | No | No | 16.3 | 105 | 1.71 k | 4,131 |
| 23 Feb 23 | Bell Michael Shane | Common Stock, $1.25 par value | Payment of exercise | Dispose F | No | No | 17.89 | 63 | 1.13 k | 27,390.328 |
| 23 Feb 23 | Bell Michael Shane | Common Stock, $1.25 par value | Option exercise | Acquire M | No | No | 0 | 210 | 0.00 | 27,453.328 |
| 23 Feb 23 | Dysart Dennis A | Common Stock, $1.25 par value | Payment of exercise | Dispose F | No | No | 17.89 | 69 | 1.23 k | 35,388 |
| 23 Feb 23 | Dysart Dennis A | Common Stock, $1.25 par value | Option exercise | Acquire M | No | No | 0 | 232 | 0.00 | 35,457 |
| 23 Feb 23 | Harvard Scott C | Common Stock, $1.25 par value | Payment of exercise | Dispose F | No | No | 17.89 | 133 | 2.38 k | 64,817.174 |
| 23 Feb 23 | Harvard Scott C | Common Stock, $1.25 par value | Option exercise | Acquire M | No | No | 0 | 442 | 0.00 | 64,950.174 |
| 23 Feb 23 | Bell Michael Shane | Common Stock, $1.25 par value | Payment of exercise | Dispose F | No | No | 17.89 | 63 | 1.13 k | 27,501.328 |
| 23 Feb 23 | Bell Michael Shane | Common Stock, $1.25 par value | Option exercise | Acquire M | No | No | 0 | 210 | 0.00 | 27,564.328 |