First Bank Announces Strategic Branch Optimization Plan
First National Corporation (FXNC)
NASDAQ:AMEX Investor Relations:
ir.fbvirginia.com
Company Research
Source: GlobeNewswire
STRASBURG, Va., Feb. 12, 2026 (GLOBE NEWSWIRE) -- First National Corporation (NASDAQ: FXNC), the parent company of First Bank (the “Bank”), a locally owned and operated community bank, today announced plans to sell two of its banking offices and consolidate three others into nearby locations. These actions are designed to streamline operations, reduce overhead, and allow the Bank to better allocate resources toward delivering enhanced customer service, innovative digital banking solutions, and continued support for the communities it serves. The transactions, which include the sale of two standalone banking offices in North Carolina located in Roanoke Rapids and Louisburg, and the consolidation of three offices in Virginia into proximate existing branches, are expected to close in the second half of 2026 following receipt of required regulatory approvals, customer notification and vendor conversion availability. This will reduce the number of banking offices from 33 to 28. The Bank
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News
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- First National Corporation Reports Record Fourth Quarter and Annual 2025 Earnings [Yahoo! Finance]Yahoo! Finance
- First National Corporation Reports Record Fourth Quarter and Annual 2025 EarningsGlobeNewswire
- First National Corporation (NASDAQ:FXNC) most popular amongst individual investors who own 44% of the shares, institutions hold 31% [Yahoo! Finance]Yahoo! Finance
FXNC
Earnings
- 7/30/25 - Beat
FXNC
Sec Filings
- 2/13/26 - Form 4
- 2/13/26 - Form 4
- 2/13/26 - Form 4
- FXNC's page on the SEC website