First National Corporation Announces Third Quarter Results and Stock Repurchase Plan
STRASBURG, Va., Oct. 25, 2022 (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 $4.5 million and basic and diluted earnings per common share of $0.71 for the third quarter ended September 30, 2022. This compares to net income of $3.8 million and basic and diluted earnings per common share of $0.61 for the second quarter of 2022.