2017 Q1 Form 10-Q Financial Statement

#000119312517168423 Filed on May 12, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $6.532M $6.191M
YoY Change 5.51% 24.12%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $520.0K $540.0K
YoY Change -3.7% 125.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $540.0K $492.0K
YoY Change 9.76% 38.2%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.182M $1.525M
YoY Change 43.08% 107.2%
Income Tax $639.0K $426.0K
% Of Pretax Income 29.29% 27.93%
Net Earnings $1.543M $1.099M
YoY Change 40.4% 102.02%
Net Earnings / Revenue 23.62% 17.75%
Basic Earnings Per Share $0.31 $0.22
Diluted Earnings Per Share $0.31 $0.22
COMMON SHARES
Basic Shares Outstanding 4.935M shares 4.920M shares
Diluted Shares Outstanding 4.938M shares 4.923M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $45.84M $39.33M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $20.71M $21.37M
YoY Change -3.07% 31.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $727.3M $701.0M
YoY Change 3.74% 32.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.300M $6.000M
YoY Change -28.33% 17.65%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.300M $6.000M
YoY Change -28.33% 17.65%
LONG-TERM LIABILITIES
Long-Term Debt $14.20M $14.20M
YoY Change 0.0% -41.56%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $14.20M $14.20M
YoY Change 0.0% -41.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.300M $6.000M
Total Long-Term Liabilities $14.20M $14.20M
Total Liabilities $673.3M $653.3M
YoY Change 3.06% 38.98%
SHAREHOLDERS EQUITY
Retained Earnings $41.13M $35.39M
YoY Change 16.2% 5.18%
Common Stock $6.176M $6.156M
YoY Change 0.32% 0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $53.98M $47.70M
YoY Change
Total Liabilities & Shareholders Equity $727.3M $701.0M
YoY Change 3.74% 32.17%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $1.543M $1.099M
YoY Change 40.4% 102.02%
Depreciation, Depletion And Amortization $520.0K $540.0K
YoY Change -3.7% 125.0%
Cash From Operating Activities $2.840M $1.950M
YoY Change 45.64% 41.3%
INVESTING ACTIVITIES
Capital Expenditures -$280.0K -$310.0K
YoY Change -9.68% -24.39%
Acquisitions
YoY Change
Other Investing Activities -$6.880M -$7.570M
YoY Change -9.11% -72.51%
Cash From Investing Activities -$7.160M -$7.880M
YoY Change -9.14% -71.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 9.070M 5.920M
YoY Change 53.21% -45.69%
NET CHANGE
Cash From Operating Activities 2.840M 1.950M
Cash From Investing Activities -7.160M -7.880M
Cash From Financing Activities 9.070M 5.920M
Net Change In Cash 4.750M -10.00K
YoY Change -47600.0% -99.94%
FREE CASH FLOW
Cash From Operating Activities $2.840M $1.950M
Capital Expenditures -$280.0K -$310.0K
Free Cash Flow $3.120M $2.260M
YoY Change 38.05% 26.26%

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AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
394000
CY2017Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
12185000
CY2017Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
51999000
CY2017Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
85000
CY2017Q1 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
875000
CY2017Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
1596000
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
8000000 shares
CY2017Q1 us-gaap Deposits
Deposits
654769000
CY2017Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0
CY2017Q1 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0800 pure
CY2017Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
92634000
CY2017Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
61177000
CY2017Q1 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1353 pure
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
45839000
CY2017Q1 us-gaap Common Stock Value
CommonStockValue
6176000
CY2017Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
5190000
CY2017Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
4513000
CY2017Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
7155000
CY2017Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
14229000
CY2017Q1 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
11000
CY2017Q1 us-gaap Capital
Capital
67264000
CY2017Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
119000
CY2017Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
188000
CY2017Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
12109000
CY2017Q1 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
14013000
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-479000
CY2017Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
91907000
CY2017Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
1075000
CY2017Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
55987000
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1.25
CY2017Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
51608000
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2017Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
2841000
CY2017Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
69000
CY2017Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
35246000
CY2017Q1 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
9279000
CY2017Q1 us-gaap Other Assets
OtherAssets
5555000
CY2017Q1 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
51999000
CY2017Q1 us-gaap Other Liabilities
OtherLiabilities
4336000
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
1773000
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
460000
CY2017Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
37022000
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
18770000
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
0
CY2017Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5451000
CY2017Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
0
CY2017Q1 us-gaap Liabilities
Liabilities
673318000
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
727296000
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount
0
CY2017Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
5219000
CY2017Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
37022000
CY2017Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
131000000
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
31420000
CY2017Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
173963000
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1786000
CY2017Q1 us-gaap Interest Receivable
InterestReceivable
1753000
CY2017Q1 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
250000
CY2017Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
497770000
CY2017Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
4428000
CY2017Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
CY2017Q1 us-gaap Other Real Estate
OtherRealEstate
250000
CY2017Q1 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
61813000
CY2017Q1 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
61813000
CY2017Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
493257000
CY2017Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
454000
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
18806000
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
31052000
CY2017Q1 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
102500000
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
0
CY2017Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
492319000
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
20709000
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
53978000
CY2017Q1 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
39769000
CY2017Q1 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0800 pure
CY2017Q1 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0600 pure
CY2017Q1 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
28539000
CY2017Q1 us-gaap Real Estate Owned Valuation Allowance
RealEstateOwnedValuationAllowance
0
CY2017Q1 us-gaap Restricted Investments
RestrictedInvestments
1570000
CY2017Q1 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.0400 pure
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
41126000
CY2017Q1 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
35674000
CY2017Q1 us-gaap Subordinated Debt
SubordinatedDebt
4934000
CY2017Q1 fxnc Available For Sale Securities And Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
98199000
CY2017Q1 fxnc Common Equity Tier One Risk Based Capital
CommonEquityTierOneRiskBasedCapital
61813000
CY2017Q1 fxnc Core Deposit Intangible Net
CoreDepositIntangibleNet
1382000
CY2017Q1 fxnc Available For Sale Securities And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
5190000
CY2017Q1 fxnc Common Equity Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0650 pure
CY2017Q1 fxnc Common Equity Tier One Risk Based Capital Required To Be Well Capitalized
CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalized
32312000
CY2017Q1 fxnc Available For Sale Securities And Held To Maturity Securities Amortized Cost
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAmortizedCost
144633000
CY2017Q1 fxnc Percentage Of Assets For Maximum Borrowing
PercentageOfAssetsForMaximumBorrowing
0.19 pure
CY2017Q1 fxnc Available For Sale And Held To Maturity Securities Accumulated Gross Unrealized Loss
AvailableForSaleAndHeldToMaturitySecuritiesAccumulatedGrossUnrealizedLoss
1581000
CY2017Q1 fxnc Common Equity Tier One Risk Based Capital Required For Capital Adequacy
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacy
22370000
CY2017Q1 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0500 pure
CY2017Q1 us-gaap Time Deposits
TimeDeposits
126848000
CY2017Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
221000
CY2017Q1 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1243 pure
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
29827000
CY2017Q1 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0866 pure
CY2017Q1 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
39769000
CY2017Q1 fxnc Capital Conservation Buffer Percentage
CapitalConservationBufferPercentage
0.01250 pure
CY2017Q1 fxnc Available For Sale Securities And Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
1581000
CY2017Q1 fxnc Community Bankers Bank Stock
CommunityBankersBankStock
50000
CY2017Q1 fxnc Available For Sale Securities And Held To Maturity Securities Accumulated Gross Unrealized Gain
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAccumulatedGrossUnrealizedGain
463000
CY2017Q1 fxnc Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0450 pure
CY2017Q1 fxnc Available For Sale Securities And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Accumulated Loss
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAccumulatedLoss
1393000
CY2017Q1 fxnc Common Equity Tier One Risk Based Capital To Risk Weighted Assets
CommonEquityTierOneRiskBasedCapitalToRiskWeightedAssets
0.1243 pure
CY2017Q1 fxnc Available For Sale Securities And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
93009000
CY2017Q1 fxnc Available For Sale Securities And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAccumulatedLoss
188000
CY2017Q1 fxnc Fair Value Of Loan Commitments And Standby Letters Of Credit
FairValueOfLoanCommitmentsAndStandbyLettersOfCredit
0
CY2017Q1 fxnc Capital Conservation Buffer Percentage Maintained At Bank
CapitalConservationBufferPercentageMaintainedAtBank
0.0553 pure
CY2017Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4940766 shares
CY2016 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
788000
CY2016 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
585000
CY2016 us-gaap Other Real Estate Additions
OtherRealEstateAdditions
287000
CY2016 us-gaap Real Estate Owned Valuation Allowance Amounts Applied
RealEstateOwnedValuationAllowanceAmountsApplied
251000
CY2016 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
7034000
CY2016 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
176000
CY2016 us-gaap Other Real Estate Disposals
OtherRealEstateDisposals
2882000
CY2016 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
0
CY2016 us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
27000
CY2016 fxnc Other Real Estate Owned Expenses
OtherRealEstateOwnedExpenses
46000
CY2016 fxnc Other Real Estate Charge Off
OtherRealEstateChargeOff
251000
CY2016 fxnc Other Real Estate Gross Gains
OtherRealEstateGrossGains
193000
CY2016 fxnc Percentage Of Investment Portfolio
PercentageOfInvestmentPortfolio
1.00 pure
CY2016 fxnc Weighted Average Period Of Pricing Of Portfolio
WeightedAveragePeriodOfPricingOfPortfolio
P4Y8M12D
CY2016Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
10367000
CY2016Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-219000
CY2016Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4000
CY2016Q1 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
6000
CY2016Q1 us-gaap Equipment Expense
EquipmentExpense
432000
CY2016Q1 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
780000
CY2016Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
40000
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-7000
CY2016Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0
CY2016Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
120000
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.03
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2016Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
334000
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1844000
CY2016Q1 us-gaap Dividend Income Operating
DividendIncomeOperating
19000
CY2016Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
116000
CY2016Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
207000
CY2016Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
86000
CY2016Q1 us-gaap Communication
Communication
114000
CY2016Q1 us-gaap Fees And Commissions
FeesAndCommissions
336000
CY2016Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
148000
CY2016Q1 us-gaap Available For Sale Securities Change In Net Unrealized Holding Gain Loss Net Of Tax
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax
1130000
CY2016Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
122000
CY2016Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-76000
CY2016Q1 us-gaap Interest Expense Junior Subordinated Debentures
InterestExpenseJuniorSubordinatedDebentures
61000
CY2016Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
128000
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
5236000
CY2016Q1 us-gaap Interest Paid
InterestPaid
550000
CY2016Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
15118000
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
4000
CY2016Q1 us-gaap Postage Expense
PostageExpense
69000
CY2016Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
7531000
CY2016Q1 us-gaap Real Estate Owned Valuation Allowance Amounts Applied
RealEstateOwnedValuationAllowanceAmountsApplied
70000
CY2016Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
271000
CY2016Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
3444000
CY2016Q1 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
157000
CY2016Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
688000
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
745000
CY2016Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
698000
CY2016Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
7813000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
1099000
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1525000
CY2016Q1 us-gaap Interest Expense
InterestExpense
492000
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-7876000
CY2016Q1 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
5000
CY2016Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
5699000
CY2016Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
48000
CY2016Q1 us-gaap Occupancy Net
OccupancyNet
424000
CY2016Q1 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
147000
CY2016Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
48000
CY2016Q1 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
90000
CY2016Q1 us-gaap Noninterest Expense
NoninterestExpense
6117000
CY2016Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
1506000
CY2016Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 Contracts
CY2016Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
45000
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
2000
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
387000
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
11000
CY2016Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5699000
CY2016Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
137000
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
5916000
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
749000
CY2016Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
422000
CY2016Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
311000
CY2016Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
333000
CY2016Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
21000
CY2016Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
6191000
CY2016Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
2000000
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
426000
CY2016Q1 us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
3000
CY2016Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
147000
CY2016Q1 us-gaap Marketing Expense
MarketingExpense
107000
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1953000
CY2016Q1 us-gaap Noninterest Income
NoninterestIncome
1943000
CY2016Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
80000
CY2016Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
1481000
CY2016Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
CY2016Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
94000
CY2016Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-4314000
CY2016Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
741000
CY2016Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
37000
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4923117 shares
CY2016Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
1327000
CY2016Q1 us-gaap Supplies Expense
SuppliesExpense
101000
CY2016Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
11000
CY2016Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
2802 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4920315 shares
CY2016Q1 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
7224 shares
CY2016Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1185 shares
CY2016Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
0
CY2016Q1 us-gaap Professional Fees
ProfessionalFees
311000
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
40000
CY2016Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
79000
CY2016Q1 fxnc Other Real Estate Owned Expenses
OtherRealEstateOwnedExpenses
22000
CY2016Q1 fxnc Bank Franchise Tax
BankFranchiseTax
103000
CY2016Q1 fxnc Accretion Amortization Of Discounts And Premium On Time Deposits
AccretionAmortizationOfDiscountsAndPremiumOnTimeDeposits
-51000
CY2016Q1 fxnc Other Real Estate Owned Income Expense Net
OtherRealEstateOwnedIncomeExpenseNet
72000
CY2016Q1 fxnc Atm And Check Card Fees
AtmAndCheckCardFees
488000
CY2016Q1 fxnc Atm And Check Card Fees Expenses
AtmAndCheckCardFeesExpenses
205000
CY2017Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
10778000
CY2017Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-156000
CY2017Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4000
CY2017Q1 dei Entity Registrant Name
EntityRegistrantName
FIRST NATIONAL CORP /VA/
CY2017Q1 us-gaap Equipment Expense
EquipmentExpense
408000
CY2017Q1 dei Document Type
DocumentType
10-Q
CY2017Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000719402
CY2017Q1 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
755000
CY2017Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
64000
CY2017Q1 dei Document Period End Date
DocumentPeriodEndDate
2017-03-31
CY2017Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
4747000
CY2017Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
30000
CY2017Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
CY2017Q1 dei Amendment Flag
AmendmentFlag
false
CY2017Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
106000
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.035
CY2017Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2017Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
351000
CY2017Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1924000
CY2017Q1 us-gaap Dividend Income Operating
DividendIncomeOperating
20000
CY2017Q1 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2017Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
236000
CY2017Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
169000
CY2017Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
85000
CY2017Q1 us-gaap Communication
Communication
110000
CY2017Q1 us-gaap Fees And Commissions
FeesAndCommissions
347000
CY2017Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
173000
CY2017Q1 us-gaap Available For Sale Securities Change In Net Unrealized Holding Gain Loss Net Of Tax
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax
577000
CY2017Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
79000
CY2017Q1 us-gaap Interest Expense Junior Subordinated Debentures
InterestExpenseJuniorSubordinatedDebentures
68000
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
1543000
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2182000
CY2017Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
14000
CY2017Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-102000
CY2017Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
150000
CY2017Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
5646000
CY2017Q1 us-gaap Interest Paid
InterestPaid
576000
CY2017Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
11573000
CY2017Q1 us-gaap Postage Expense
PostageExpense
61000
CY2017Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
3370000
CY2017Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
3242000
CY2017Q1 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
22000
CY2017Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
280000
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
381000
CY2017Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
4756000
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5992000
CY2017Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
161000
CY2017Q1 us-gaap Interest Expense
InterestExpense
540000
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-7155000
CY2017Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
5992000
CY2017Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
49000
CY2017Q1 us-gaap Occupancy Net
OccupancyNet
367000
CY2017Q1 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
140000
CY2017Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
61000
CY2017Q1 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
89000
CY2017Q1 us-gaap Noninterest Expense
NoninterestExpense
5751000
CY2017Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
1428000
CY2017Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 Contracts
CY2017Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-168000
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
196000
CY2017Q1 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
12000
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
9067000
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
381000
CY2017Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
473000
CY2017Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
275000
CY2017Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
383000
CY2017Q1 us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
0
CY2017Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
33000
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
6532000
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
639000
CY2017Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
143000
CY2017Q1 us-gaap Marketing Expense
MarketingExpense
136000
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2835000
CY2017Q1 us-gaap Noninterest Income
NoninterestIncome
1941000
CY2017Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
7000
CY2017Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
1345000
CY2017Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0
CY2017Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-1550000
CY2017Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
662000
CY2017Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
1798000
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4937625 shares
CY2017Q1 us-gaap Supplies Expense
SuppliesExpense
91000
CY2017Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
12000
CY2017Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
2204 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4935421 shares
CY2017Q1 dei Trading Symbol
TradingSymbol
FXNC
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
2000 shares
CY2017Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
827 shares
CY2017Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
0
CY2017Q1 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
10536 shares
CY2017Q1 us-gaap Professional Fees
ProfessionalFees
197000
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
64000
CY2017Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
80000
CY2017Q1 fxnc Financing Receivable Modification As Troubled Debt Restructuring That Subsequently Defaulted
FinancingReceivableModificationAsTroubledDebtRestructuringThatSubsequentlyDefaulted
P90D
CY2017Q1 fxnc Other Real Estate Owned Expenses
OtherRealEstateOwnedExpenses
2000
CY2017Q1 fxnc Bank Franchise Tax
BankFranchiseTax
104000
CY2017Q1 fxnc Accretion Amortization Of Discounts And Premium On Time Deposits
AccretionAmortizationOfDiscountsAndPremiumOnTimeDeposits
-29000
CY2017Q1 fxnc Other Real Estate Owned Income Expense Net
OtherRealEstateOwnedIncomeExpenseNet
-2000
CY2017Q1 fxnc Number Of Highest Paid Consecutive Periods Of Service For Calculation Of Average Compensation Related To Benefits
NumberOfHighestPaidConsecutivePeriodsOfServiceForCalculationOfAverageCompensationRelatedToBenefits
P5Y
CY2017Q1 fxnc Atm And Check Card Fees
AtmAndCheckCardFees
501000
CY2017Q1 fxnc Percentage Of Investment Portfolio
PercentageOfInvestmentPortfolio
1.00 pure
CY2017Q1 fxnc Atm And Check Card Fees Expenses
AtmAndCheckCardFeesExpenses
162000
CY2017Q1 fxnc Impairment Losses Related To Federal Home Loan Stock
ImpairmentLossesRelatedToFederalHomeLoanStock
0
CY2017Q1 fxnc Weighted Average Period Of Pricing Of Portfolio
WeightedAveragePeriodOfPricingOfPortfolio
P4Y6M
CY2017Q1 fxnc Capital Conservation Buffer Phase Period
CapitalConservationBufferPhasePeriod
P4Y
CY2017Q1 fxnc Period Of Maturity As Classifies As Short Term Borrowing
PeriodOfMaturityAsClassifiesAsShortTermBorrowing
P90D

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