Name | Value |
---|---|
Revenues | 15.8M |
Cost of Revenue | 0.0M |
Gross Profit | 15.8M |
Operating Expense | 3.0M |
Operating I/L | 7.3M |
Other Income/Expense | -1.4M |
Interest Income | 13.7M |
Pretax | 5.9M |
Income Tax Expense | 1.1M |
Net Income/Loss | 4.8M |
First National Corporation operates as a bank holding company for First Bank, offering commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company generates revenue through a range of deposit products, including checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions. Its loan products encompass construction loans, residential and commercial real estate loans, commercial and industrial loans, home equity loans, and consumer loans. Additionally, the company provides wealth management services, title insurance, investment services, and traditional banking services through its branch offices, loan production office, and ATMs.