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Income Overview

Net Income
$5,550K
EPS
$0.62
Unit: Thousand (K) dollars
Income Statement
2025-09-30
2025-06-30
2025-03-31
2024-12-31
Interest and fees on loans
21,430
21,594
20,639
20,901*
Interest on deposits in banks
1,733
1,891
1,671
1,815*
Interest on federal funds sold
1
0
39
47*
Taxable interest
1,562
1,313
1,314
1,396*
Tax-exempt interest
296
298
300
309*
Dividends
65
69
59
105*
Interest on federal funds purchased
-
-
-
0*
Total interest and dividend income
25,087
25,165
24,022
24,571*
Interest on deposits
6,246
6,080
6,038
6,298*
Interest on subordinated debt
479
468
467
396*
Interest on junior subordinated debt
67
66
66
69*
Interest on other borrowings
0
3
-
220*
Total interest expense
6,792
6,617
6,571
6,983*
Net interest income
18,295
18,548
17,451
17,588*
Provision for credit losses
193
911
832
4,700*
Net interest income after provision for credit losses
18,102
17,637
-
12,888*
Noninterest income-Deposit Account
985
-
-
-
Noninterest income-Credit And Debit Card
1,336
-
-
-
Noninterest income-Asset Management1
910
-
-
-
Noninterest income-Financial Service Other
407
-
-
-
Noninterest income-Mortgage Banking
166
-
-
-
Income from bank owned life insurance
284
-
246
245*
Gain on sale of other investment
-
-
-
10*
Net gains on redemption of subordinated debt
0
-
-
-
Net (losses) on securities available for sale
-
-
-
-272*
Net gains on sale of mortgage loans held for sale
5
-
-
-
Noninterest income
-
-
3,275
5,383*
Preliminary bargain purchase gain
304
-
-
730*
Other operating income
103
-
90
1,452*
Total noninterest income
4,500
3,889
3,611
7,547*
Salaries and employee benefits
8,487
8,033
8,689
13,613*
Occupancy
1,025
944
1,069
874*
Equipment
1,056
1,057
1,024
1,006*
Marketing
324
286
220
235*
Supplies
158
198
217
132*
Amortization expense
-
-
442
448*
Legal and professional fees
660
594
522
-587*
Miscellaneous losses
-
-
316
-
Atm and check card expense
569
537
438
365*
Net losses on disposal of premises and equipment
-
-
-
12*
Internet banking expense
-
55
351
-
Fdic assessment
305
315
414
263*
Bank franchise tax
350
348
317
263*
Data processing expense
495
504
762
725*
Core deposit intangible amortization expense
442
441
-
-
Other real estate owned, net
0
0
-
-
Net (gains) losses on disposal of premises and equipment
23
-7
1
-
Other real estate gain (loss) and expense, net
-
-
-
15*
Merger expense
0
92
1,940
2,027*
Other operating expense
1,934
1,780
1,615
1,899*
Total noninterest expense
15,782
15,191
18,335
21,257*
Income before income taxes
6,820
6,335
1,895
-823*
Income tax expense
1,270
1,284
297
-754*
Net income
5,550
5,051
1,598
-69
Basic EPS
0.62
0.56
0.18
-0.008
Diluted EPS
0.62
0.56
0.18
-0.008
Basic Average Shares
8,999,153
8,987,179
8,979,527
8,300,666
Diluted Average Shares
9,023,185
9,001,972
9,005,923
8,320,580
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Interest and fees on loans$21,430K (48.01%↑ Y/Y)Interest on deposits inbanks$1,733K (12.68%↑ Y/Y)Taxable interest$1,562K (43.17%↑ Y/Y)Tax-exempt interest$296K (-2.31%↓ Y/Y)Dividends$65K (96.97%↑ Y/Y)Interest on federal fundssold$1K Total interest anddividend income$25,087K (43.81%↑ Y/Y)Net interest income$18,295K (55.72%↑ Y/Y)Noninterest income-CreditAnd Debit Card$1,336K Noninterest income-DepositAccount$985K Noninterest income-AssetManagement1$910K Noninterestincome-Financial Service Other$407K Preliminary bargainpurchase gain$304K Income from bank ownedlife insurance$284K (48.69%↑ Y/Y)Noninterestincome-Mortgage Banking$166K Other operatingincome$103K (134.09%↑ Y/Y)Net gains on sale ofmortgage loans held for...$5K Total interestexpense$6,792K (19.26%↑ Y/Y)Net interest incomeafter provision for...$18,102K (80.14%↑ Y/Y)Total noninterestincome$4,500K (40.49%↑ Y/Y)Provision for creditlosses$193K (-88.65%↓ Y/Y)Interest on deposits$6,246K (25.98%↑ Y/Y)Interest on subordinateddebt$479K (594.20%↑ Y/Y)Interest on juniorsubordinated debt$67K (-1.47%↓ Y/Y)Income before incometaxes$6,820K (144.18%↑ Y/Y)Total noninterestexpense$15,782K (50.89%↑ Y/Y)Net (gains) losseson disposal of...$23K (1250.00%↑ Y/Y)Net income$5,550K (146.89%↑ Y/Y)Income tax expense$1,270K (133.03%↑ Y/Y)Salaries and employeebenefits$8,487K (43.19%↑ Y/Y)Other operatingexpense$1,934K (78.58%↑ Y/Y)Equipment$1,056K (45.45%↑ Y/Y)Occupancy$1,025K (75.21%↑ Y/Y)Legal andprofessional fees$660K (10.74%↑ Y/Y)Atm and check cardexpense$569K (44.42%↑ Y/Y)Data processingexpense$495K (70.69%↑ Y/Y)Core depositintangible amortization...$442K Bank franchise tax$350K (33.59%↑ Y/Y)Marketing$324K (23.66%↑ Y/Y)Fdic assessment$305K (56.41%↑ Y/Y)Supplies$158K (28.46%↑ Y/Y)

FIRST NATIONAL CORP VA (FXNC)

FIRST NATIONAL CORP VA (FXNC)