| CAUTIONARY-STATEMENT-REGARDING-FORWARD-LOOKING-S |
CAUTIONARY-STATEMENT-REGARDING-FORWARD-LOOKING-S |
62%
|
Item 16. Form 10-K Summary 97 2 Table of Contents Part I Cautionary Statement Regarding Forward-Looking Statements First National Corporation (the Company) makes forward-looking statements in this Fo… |
| ESF-LLC |
ESF-LLC |
62%
|
ng redeemable capital securities, commonly known as trust preferred securities and are not included in the Company’s consolidated financial statements in accordance with authoritative accounting guid… |
| MCKENNEY-GROUP-LLC |
MCKENNEY-GROUP-LLC |
62%
|
ance for credit losses on loans; • the concentration in loans secured by real estate may adversely affect earnings due to changes in the real estate markets; • demand for loan products; • deposit flo… |
| MINIMUM-CAPITAL-REQUIREMENT-FIRST-NATIONAL-CORPO |
MINIMUM-CAPITAL-REQUIREMENT-FIRST-NATIONAL-CORPO |
62%
|
. The composition of the deposit portfolio remained largely consistent with the prior period. Subordinated Debt The Company has one issuance of subordinated debt at March 31, 2026 that consists of $9… |
| OPERATIONS-CAUTIONARY-STATEMENT-REGARDING-FORWAR |
OPERATIONS-CAUTIONARY-STATEMENT-REGARDING-FORWAR |
62%
|
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations Cautionary Statement Regarding Forward-Looking Statements First National Corporation (the Company) makes … |
| SHEN-VALLEY-LAND-HOLDINGS-LLC |
SHEN-VALLEY-LAND-HOLDINGS-LLC |
62%
|
tes to Consolidated Financial Statements 45 Table of Contents FIRST NATIONAL CORPORATION Consolidated Statements of Income Years Ended December 31, 2025 and 2024 (in thousands, except per share data)… |
| SIGNIFICANT-ACCOUNTING-POLICIES-FIRST-NATIONAL-C |
SIGNIFICANT-ACCOUNTING-POLICIES-FIRST-NATIONAL-C |
62%
|
tes to Consolidated Financial Statements 45 Table of Contents FIRST NATIONAL CORPORATION Consolidated Statements of Income Years Ended December 31, 2025 and 2024 (in thousands, except per share data)… |
| SIGNIFICANT-GROUP |
SIGNIFICANT-GROUP |
62%
|
The subordinated debt of these Trusts is reflected as a liability of the Company. Use of Estimates In preparing consolidated financial statements in conformity with accounting principles generally ac… |
| TOUCHSTONE-BANKSHARES-INC |
TOUCHSTONE-BANKSHARES-INC |
62%
|
tes to Consolidated Financial Statements 45 Table of Contents FIRST NATIONAL CORPORATION Consolidated Statements of Income Years Ended December 31, 2025 and 2024 (in thousands, except per share data)… |
| VIRGINIA-STATE-CORPORATION |
VIRGINIA-STATE-CORPORATION |
62%
|
their membership definitions and, because they enjoy a favorable tax status, may be able to offer more attractive loan and deposit pricing. In addition, the financial services industry continues to u… |