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First National Corporation Reports Second Quarter 2026 Financial Performance

$FXNCPress releaseJul 29, 2026, 8:30 AM ETRead the release

First National Corporation reported Q2 net income of $5.7 million, or $0.63 per diluted share, an increase from the prior year and quarter, driven by growth in average loan and deposit balances. The net interest margin expanded to 4.15%, and the efficiency ratio improved to 66.59%, while asset quality remained sound with non-performing assets at just 0.23% of total assets.

Key figures

Eps
0.63
Loan growth
22700000
Efficiency ratio
66.59%
Dividend per share
0.17
Net interest income
20100000
Net interest margin
4.15%
Tangible book value per share
19.71

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.