Exhibit 107
Calculation of Filing Fee Table
Form S-8
Registration Statement under the Securities Act of 1933
(Form Type)
First National Corporation
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities | |||||||
Security Type | Security Class Title | Fee Calculation Rule | Amount Registered | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee |
Equity | Common Stock, par value $1.25 per share | Other | 325,000 | $16.47 | $5,352,750 | 0.00011020 | $590 |
Total Offering Amounts | $5,352,750 | $590 | |||||
Total Fee Offsets | -- | ||||||
Net Fee Due | $590 | ||||||
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement on Form S-8 (the “Registration Statement”) also covers any additional shares of Common Stock of First National Corporation (the “Registrant”) that become issuable under the First National Corporation 2023 Stock Incentive Plan by reason of any stock split, stock dividend, recapitalization or other similar transaction effected without receipt of consideration that results in an increase in the number of outstanding shares of the Registrant’s Common Stock. |
(2) | Estimated pursuant to Rule 457(c) and Rule 457(h) under the Securities Act, solely for the purpose of calculating the registration fee, based on the average of the high and low price per share of the Registrant’s Common Stock on June 20, 2023, as reported on The Nasdaq Capital Market. |
Table 2: Fee Offset Claims and Sources
N/A
