First National Corporation (FXNC)

14.85 +0.09 (+0.61%) At close: 04:00PM EDT

First National Corporation

112 West King Street
Strasburg, VA 22657
United States
540 465 9121
https://www.fbvirginia.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Scott C. Harvard	CEO & Director	465.43k	N/A	1955
Mr. Gerald F. Smith Jr.	Independent Vice Chair of the Board & Secretary	28.67k	N/A	1962
Mr. M. Shane Bell	Executive VP & CFO	343.48k	N/A	1973
Mr. Dennis A. Dysart	Senior EVP & COO	328.13k	N/A	1972
Mr. W. Todd Ross	Market President	N/A	N/A	N/A
Mr. Paul K. Martin	Senior VP and Market President of Staunton, Waynesboro, Augusta, Harrisonburg & Rockingham County	N/A	N/A	N/A
Mr. Matt Paciocco	Senior VP & Regional Executive for Richmond	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First National Corporation operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company's deposit products include checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions. Its loan products comprise construction loans, including residential, land acquisition, and development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by commercial real estate, including multi-family residential buildings, office and retail buildings, hotels, industrial buildings, and religious facilities. In addition, the company's loan products include commercial and industrial loans that are secured by business assets, such as accounts receivable, equipment, and inventory; home equity loans; and secured and unsecured consumer loans, such as lines of credit, automobile loans, deposit account loans, and installment and demand loans. Further, it provides wealth management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and estate settlement. Additionally, the company offers title insurance and investment services; and holds other real estate owned and office sites, as well as provides internet and mobile banking, remote deposit capture, and other traditional banking services. First National Corporation was founded in 1907 and is headquartered in Strasburg, Virginia.

Corporate Governance

First National Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.