FXNC News and Press, First National Corporation From 11/13/20

This is the third in a series of articles discussing third-quarter performance of my Regional Bank Portfolio. Oregon Bancorp had another blowout quarter and has earned more through the first three quarters of 2020 than 2018 and 2019 combined. First National Bank of Virginia also h...

ATLANTA, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the 2020 director election. The Bank conducted an election to fill the member directorships for North Carolina and Virginia, an independent directorship, and a publi...

ATLANTA, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the 2020 director election. The Bank conducted an election to fill the member directorships for North Carolina and Virginia, an independent directorship, and a publi...

STRASBURG, Va., Oct. 29, 2020 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited consolidated net income of $1.8 million, or $0.3...

STRASBURG, Va., Oct. 14, 2020 (GLOBE NEWSWIRE) -- First Bank announced today that CEO Scott C. Harvard has been re-elected to the board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) for a second consecutive four-year term, beginning January 1, 2021. Harvard previou...

First National (NASDAQ: FXNC ) had declared  $0.11/share quarterly dividend , in line with previous. More news on: First National Corporation, Dividend News, , Read more ...

Back in September, I wrote that First National Bank of Virginia ( FXNC ) was possibly the best bank in the state. At the time, it was selling for $18.25 and I valued the stock between $20-24. I did emphasize it was not a home run but I thought it was on a slow and steady pace to incremental ...

STRASBURG, Va., July 29, 2020 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited consolidated net income of $2.2 million, or $0.4...

Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here . However, since this list is only produced once per month, the data in it can quickly get out of date. Fu...

Well, half of my Community Bank portfolio released their First Quarter Report. The banks seemed to hold up pretty well although only one month of the shutdown was incorporated into the first quarter. The banks reporting were First National Virginia ( FXNC ), Katahdin Bankshares ( KTHN ), Logan...