First National Corporation (FXNC)

First National Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	85.18	63.48	49.29	41.72	32.8	29.5
Interest Income on Investments	14.58	12.84	8.43	7.68	4.35	3.35
Total Interest Income	99.76	76.32	57.72	49.4	37.14	32.85
Interest Paid on Deposits	24.78	20.96	13.66	3.27	1.42	2.59
Interest Paid on Borrowings	2.33	2.9	0.65	0.55	0.89	0.79
Total Interest Expense	27.11	23.87	14.31	3.82	2.3	3.38
Net Interest Income	72.65	52.45	43.41	45.58	34.84	29.47
Net Interest Income Growth (YoY)	62.15%	20.82%	-4.74%	30.81%	18.23%	5.21%
Trust Income	3.58	3.62	3.12	3.01	2.71	2.21
Gain (Loss) on Sale of Assets	0	-0.05	-	-0.03	0.02	0.03
Gain (Loss) on Sale of Investments	-0.15	-0.12	0.23	0.88	0.04	0.04
Other Non-Interest Income	7.51	6.84	5.65	6.08	5.34	3.88
Total Non-Interest Income	15.14	13.41	11.78	12.62	10.19	8.25
Non-Interest Income Growth (YoY)	16.92%	13.81%	-6.63%	23.89%	23.42%	-3.33%
Revenues Before Loan Losses	87.8	65.86	55.2	58.2	45.03	37.72
Provision for Loan Losses	6.69	7.85	6.15	1.85	-0.65	3
Revenue	81.11	58.01	49.05	56.35	45.68	34.72
Revenue Growth (YoY)	66.52%	18.28%	-12.95%	23.36%	31.55%	-3.81%
Salaries and Employee Benefits	32.07	24.5	20.29	19.92	17.44	13.03
Federal Deposit Insurance	1.32	0.86	0.63	0.46	0.35	0.25
Amortization of Goodwill & Intangibles	1.77	0.46	0.02	0.02	0.03	0.15
Selling, General & Administrative	14.75	11.26	9.46	9.05	9.99	6.32
Other Non-Interest Expense	11.98	7.68	7.04	6.25	4.91	4.06
Total Non-Interest Expense	61.89	44.78	37.24	35.6	32.73	23.82
EBT Excluding Unusual Items	19.22	13.24	11.81	20.75	12.95	10.91
Other Unusual Items	3.3	2.92	-	-	-	-
Pretax Income	13.17	8.05	11.81	20.75	12.95	10.91
Income Tax Expense	1.91	1.08	2.18	3.95	2.59	2.05
Net Income	11.27	6.97	9.62	16.8	10.36	8.86
Net Income to Common	11.27	6.97	9.62	16.8	10.36	8.86
Net Income Growth	59.85%	-27.62%	-42.70%	62.15%	16.95%	-7.30%
Basic Shares Outstanding	9	7	6	6	6	5
Diluted Shares Outstanding	9	7	6	6	6	5
Shares Change (YoY)	43.23%	11.02%	0.32%	12.60%	13.91%	-1.76%
EPS (Basic)	1.25	1.00	1.54	2.69	1.87	1.82
EPS (Diluted)	1.24	1.00	1.53	2.68	1.86	1.82
EPS Growth	10.96%	-34.64%	-42.91%	44.09%	2.43%	-5.42%
Dividend Per Share	0.620	0.605	0.600	0.560	0.480	0.440
Dividend Growth	3.33%	0.83%	7.14%	16.67%	9.09%	22.22%
Effective Tax Rate	14.48%	13.44%	18.48%	19.05%	19.98%	18.79%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q