First National Corp income statement
In fiscal 2025, First National Corp reported revenue of $90.3m, up 31.1% on the year before and net income of $17.7m, or $1.96 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 26 | 26 | 26 | 25 | 26 | 29 | 32 | 34 | 37 | 37 | 38 | 45 | 58 | 55 | 69 | 90 | 93 |
| Interest expense | 9 | 7 | 5 | 4 | 3 | 2 | 1 | 2 | 2 | 4 | 5 | 3 | 2 | 4 | 14 | — | — | — |
| Net interest income | 18 | 20 | 20 | 19 | 18 | 19 | 21 | 23 | 25 | 28 | 28 | 29 | 35 | 46 | 43 | 52 | 73 | 76 |
| Non-interest income | 6 | 6 | 6 | 7 | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 8 | 10 | 13 | 12 | 16 | 17 | 17 |
| Non-interest expense | 19 | 21 | 21 | 19 | 21 | 19 | 26 | 23 | 23 | 24 | 24 | 24 | 33 | 36 | 37 | 53 | 65 | 64 |
| Provision for credit losses | 2 | 12 | 2 | 1 | 1 | 0 | −0 | 0 | 0 | 1 | 0 | 3 | −1 | 2 | 6 | 8 | 3 | 2 |
| Income before tax | 3 | −6 | −7 | 4 | 5 | 11 | 4 | 8 | 10 | 12 | 12 | 11 | 13 | 21 | 12 | 8 | 22 | 27 |
| Income tax | 1 | −2 | 4 | 1 | −5 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 3 | 4 | 2 | 1 | 4 | 5 |
| Net income | 2 | −4 | −11 | 3 | 10 | 8 | 3 | 6 | 6 | 10 | 10 | 9 | 10 | 17 | 10 | 7 | 18 | 22 |
| Diluted EPS | $0.49 | −$1.53 | −$4.01 | $0.48 | $1.83 | $1.32 | $0.31 | $1.20 | $1.30 | $2.04 | $1.92 | $1.82 | $1.86 | $2.68 | $1.53 | $1.00 | $1.96 | $2.40 |
| Diluted shares (average) | — | 3m | 3m | 4m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 5m | 6m | 6m | 6m | 7m | 9m | 9m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 25 | 21 | 22 | 23 | 24 | 23 | 24 |
| Net interest income | 12 | 18 | 17 | 19 | 18 | 19 | 19 | 20 |
| Non-interest income | 3 | 6 | 4 | 4 | 5 | 5 | 4 | 4 |
| Non-interest expense | 10 | 22 | 18 | 15 | 16 | 16 | 16 | 16 |
| Provision for credit losses | 2 | 5 | 1 | 1 | 0 | 1 | 0 | 0 |
| Income before tax | 3 | −2 | 2 | 6 | 7 | 7 | 6 | 7 |
| Income tax | 1 | −1 | 0 | 1 | 1 | 1 | 1 | 1 |
| Net income | 2 | −1 | 2 | 5 | 6 | 6 | 5 | 6 |
| Diluted EPS | $0.36 | −$0.26 | $0.18 | $0.56 | $0.62 | $0.61 | $0.54 | $0.63 |
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