FIRST NATIONAL CORP /VA/ Files 8-K on Financial Condition
Ticker: FXNC · Form: 8-K · Filed: Feb 2, 2024 · CIK: 719402
| Field | Detail |
|---|---|
| Company | First National CORP /Va/ (FXNC) |
| Form Type | 8-K |
| Filed Date | Feb 2, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.25 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K
TL;DR
**FXNC just dropped an 8-K with fresh financial results, time to check their numbers!**
AI Summary
FIRST NATIONAL CORPORATION (FXNC) filed an 8-K on February 1, 2024, to report its financial condition and results of operations. This filing indicates that the company is providing an update on its performance, which is crucial for investors to assess its financial health and future prospects. For shareholders, this means new data is available to evaluate their investment, while potential buyers can use this information to make informed decisions about purchasing FXNC stock.
Why It Matters
This filing provides updated financial information, allowing investors to assess the company's current performance and make informed decisions about their investment in FXNC.
Risk Assessment
Risk Level: low — This 8-K is a routine filing for reporting financial results and does not inherently indicate a high risk event.
Analyst Insight
A smart investor would review the full financial statements and exhibits (which are not included in this snippet but are referenced) to understand the specific results of operations and financial condition reported on February 1, 2024, before making any investment decisions.
Key Numbers
- $1.25 — par value per share (par value of Common Stock)
Key Players & Entities
- FIRST NATIONAL CORPORATION (company) — the registrant filing the 8-K
- February 1, 2024 (date) — date of earliest event reported
- 1-38874 (dollar_amount) — Commission File Number
- 54-1232965 (dollar_amount) — IRS Employer Identification No.
- 112 West King Street, Strasburg, Virginia (company) — address of principal executive offices
- FXNC (company) — trading symbol for Common Stock
- The Nasdaq Stock Market LLC (company) — exchange where Common Stock is registered
FAQ
What is the primary purpose of this 8-K filing by FIRST NATIONAL CORPORATION?
The primary purpose of this 8-K filing is to report on the company's Results of Operations and Financial Condition, as indicated by the 'ITEM INFORMATION: Results of Operations and Financial Condition' section.
What is the trading symbol and the exchange where FIRST NATIONAL CORPORATION's Common Stock is registered?
The trading symbol for FIRST NATIONAL CORPORATION's Common Stock is FXNC, and it is registered on The Nasdaq Stock Market LLC, as stated in the 'Securities registered pursuant to Section 12(b) of the Act' section.
What was the earliest event reported date for this 8-K filing?
The earliest event reported date for this 8-K filing was February 1, 2024, as specified in the 'Date of Report (Date of earliest event reported): February 1, 2024' section.
What is the par value per share of FIRST NATIONAL CORPORATION's Common Stock?
The par value per share of FIRST NATIONAL CORPORATION's Common Stock is $1.25, as detailed under 'Common Stock, par value $1.25 per share' in the filing.
Is FIRST NATIONAL CORPORATION considered an emerging growth company according to this filing?
No, FIRST NATIONAL CORPORATION is not indicated as an emerging growth company, as the box for 'Emerging growth company' is not checked in the filing.
Filing Stats: 449 words · 2 min read · ~1 pages · Grade level 11.3 · Accepted 2024-02-02 14:58:37
Key Financial Figures
- $1.25 — h registered Common Stock , par value $1.25 per share FXNC The Nasdaq Stock Mark
Filing Documents
- fxnc20240122_8k.htm (8-K) — 31KB
- ex_617747.htm (EX-99.1) — 695KB
- logo.jpg (GRAPHIC) — 7KB
- 0001437749-24-002926.txt ( ) — 904KB
- fxnc-20240201.xsd (EX-101.SCH) — 3KB
- fxnc-20240201_def.xml (EX-101.DEF) — 11KB
- fxnc-20240201_lab.xml (EX-101.LAB) — 15KB
- fxnc-20240201_pre.xml (EX-101.PRE) — 11KB
- fxnc20240122_8k_htm.xml (XML) — 3KB
02
Item 2.02 Results of Operations and Financial Condition. On February 1, 2024, First National Corporation issued a press release reporting its financial results for the period ended December 31, 2023. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this Item 2.02.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibit is being furnished pursuant to Item 2.02 above. Exhibit No. Description 99.1 Press Release dated February 1, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIRST NATIONAL CORPORATION (Registrant) Date: February 2, 2024 By: /s/ M. Shane Bell M. Shane Bell Executive Vice President and Chief Financial Officer 3