FIRST NATIONAL CORP /VA/
Close on Oct 19, 2026
- Market cap
- $266.70M
- P/E (TTM)
- 12.3
- Dividend yield
- 2.16%
About First National
State Commercial Banks, SIC 6022
First National Corporation is a financial services holding company that provides commercial and retail banking solutions. The company offers deposit accounts, debit and credit card services, mortgage banking, and asset management. Its lending operations encompass commercial and industrial loans, consumer loans, and diverse real estate financing categories, such as construction and land development, multifamily properties, and other residential and commercial real estate. Its customer base includes individual consumers, commercial enterprises, and real estate developers.
The company operates in Virginia, as reflected in its corporate title, and holds banking operations and loan portfolios acquired through a merger with Touchstone Bankshares, Inc. The provided report contains no disclosures regarding additional geographic markets, nor does it state the total count of branch locations or the exact city of its corporate headquarters.
Summary of the business section of First National's latest annual report, written by StockData.
Company profile
Company
- Legal name
- FIRST NATIONAL CORP /VA/
- Headquarters
- Strasburg, VA
- Address
- 112 West King Street 22657
- Phone
- (540) 465-9121
- Website
- fbvirginia.com
- Employees
- 308, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Virginia
- Fiscal year ends
- December 31
- Auditor
- Yount, Hyde & Barbour, P.C., Winchester, Virginia
Stock & identifiers
- Ticker
- FXNC
- Exchange
- Nasdaq
- IPO date
- Jan 14, 1999
- Shares outstanding
- 9M, Aug 7, 2026
- Public float
- $150.57M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 2-for-1, May 2, 2005; 2-for-1, Jun 2, 2003
- SEC CIK
- 719402
- CUSIP
- 32106V107
- ISIN
- US32106V1070
- LEI
- 549300TDCMDRFUMP0106
- EIN
- 54-1232965
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Scott C. Harvard | President & CEO, Director | 72,565 |
| Brad E. Schwartz | EVP - CFO | 6,470 |
| Dennis A. Dysart | Senior EVP/COO | 43,414 |
| Bruce E. Thomas | Interim EVP/CFO | 3,710 |
| Kirtesh Patel | Director | 33,724 |
| Jason C. Aikens | Director | 24,499 |
| Toni T. Lee-Andrews | Director | 6,761 |
| Iii James R. Wilkins | Director | 449,599 |
| Gerald F. Smith JR | Director | 402,604 |
| George Edwin Holt III | Director | 83,376 |
| Norman D. Wagstaff Jr | Director | 100,452 |
| Boyce E. Brannock | Director | 9,821 |
| William Michael Funk | Director | 19,783 |
| William Simmons Wilkinson | Director | 23,736 |
| Emily Marlow Beck | Director | 31,640 |
| Elizabeth H. Cottrell | Director | 18,742 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Scott C. Harvard | $923.32K | $986.50K | $465.20K | $147 | – |
| FY2024 Scott C. Harvard | $1.29M | $1.28M | $539.26K | $134 | – |
| FY2023 Scott C. Harvard | $593.47K | $669.07K | $399.53K | $127 | – |
| FY2022 | $773.92K | $807.18K | $447.62K | $108 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2025 , the Bank employed a total of 308 full-time equivalent employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 1, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 21, 2024 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jul 1, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 12, 2021 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 16, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |
| May 17, 2011 | Late filing | Notification of late filing |