https://www.fbvirginia.com RSS feeds for First Bank - Virginia 60 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1038/Brad-Schwartz-Joins-First-Bank-as-Executive-Vice-President-Chief-Financial-Officer#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1038 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1038&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1038/Brad-Schwartz-Joins-First-Bank-as-Executive-Vice-President-Chief-Financial-Officer STRASBURG, Va., March 10, 2025 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”) is pleased to announce Brad E. Schwartz will join First National Corporation and First Bank as Executive Vice President and Chief Financial Officer (“CFO”) effective March 31, 2025. Jennifer Knighting Mon, 10 Mar 2025 17:49:00 GMT f1397696-738c-4295-afcd-943feb885714:1038 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1037/First-Bank-Welcomes-Joe-Shearin-President-Greater-Richmond-Market#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1037 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1037&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1037/First-Bank-Welcomes-Joe-Shearin-President-Greater-Richmond-Market STRASBURG, Va., Feb. 18, 2025 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”) is pleased to announce the addition of Joe Shearin as President, Greater Richmond Market. Joe will lead First Bank’s strategic efforts across Richmond, Southside Virginia, and northern North Carolina. He will be responsible for community impact and all lines of business banking and business development in the expanded footprint, following the 2024 merger with Touchstone Bank. Joe brings over 40 years of banking experience and is retired President and CEO of Sonabank/Southern National Bancorp (formerly EVB/Eastern Virginia Bankshares). During Joe’s tenure as President and CEO of Sonabank, he successfully led the company through major economic conditions, while growing the bank from approximately $500 million in assets to over $3.4 billion when he retired. “We are thrilled to have a banker of Joe Shearin’s experience and caliber join our team. He is a proven community leader, and with his banking expertise and knowledge of the greater Richmond and Southside Virginia communities, this is a tremendous win for First Bank,” said Scott C. Harvard, CEO of First National Corporation and First Bank. “We believe banking is a people business, and Joe is a known and trusted advisor to his clients and in the community. His experience clearly aligns with our culture and strategic commitment to growth in the Richmond region and beyond.” Joe was appointed in 2023 by Governor Glen Youngkin as the Executive Director of the Small Business Financing Authority (VSBFA). The VSBFA is dedicated to providing essential financing programs that support businesses, not-for-profits, and economic development authorities with the financing necessary for economic growth and expansion throughout the Commonwealth. In addition, Joe is the Founder and CEO of Jamescrest Consulting Group, whose mission is to assist organizations develop strategies to help improve their efficiencies, productivity, and profitability. A graduate, and now trustee, of North Carolina Wesleyan University, Joe has served as board member for Infinex Financial Services, Virginia Bankers Association, and director and previous chairman of Virginia Association of Community Banks. Currently he is director and Chairman of the Board for Community Bankers Bank. Joe is very active in the community, serving with many non-profit organizations. “As a long-time Prince George and Richmond area resident, I am excited about the opportunity to lead true community banking here. First Bank understands what is important to our current clients and is eager to share those values with new and existing customers,” Joe stated. “While the banking industry in the Tri-Cities market is competitive, we feel the flexibility and efficiency that First Bank provides are key aspects of how we do business and do it well. Our team is focused on delivering community banking with a personal touch and a commitment to service.” Joe and his team stand prepared to meet the banking needs of small businesses, corporations, real estate investors, individuals, municipalities, and non-profits alike. Harvard added, “Joe adds to already impressive roster of leadership in our growing Richmond area market. His experience fully aligns with our culture and our focus on positioning First Bank for transformational growth in greater Richmond and beyond. We are excited about the significant contributions he will bring to First Bank.” First National Corporation (NASDAQ: FXNC) is the parent company and bank holding company of First Bank, a community bank that first opened for business in 1907 in Strasburg. The Bank offers loan and deposit products and services through its website, www.fbvirginia.com, its mobile banking platform, a network of ATMs located throughout its market area, a loan production office, a customer service center in a retirement community, and thirty-three bank branch office locations located through the Shenandoah Valley, the south-central regions of Virginia, the Roanoke Valley, the Richmond MSA, and in northern North Carolina. In addition to providing traditional banking services, the Bank operates a wealth management division under the name First Bank Wealth Management. First Bank also owns First Bank Financial Services, Inc, which owns an interest in an entity that provides title insurance services. Jennifer Knighting Tue, 18 Feb 2025 17:44:00 GMT f1397696-738c-4295-afcd-943feb885714:1037 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1036/First-National-Corporation-Reports-Fourth-Quarter-and-Annual-2024-Financial-Results#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1036 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1036&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1036/First-National-Corporation-Reports-Fourth-Quarter-and-Annual-2024-Financial-Results STRASBURG, Va., Feb. 06, 2025 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported an unaudited consolidated net loss of $933 thousand and basic and diluted loss per common share of $0.10 for the fourth quarter of 2024, and adjusted operating earnings(1) of $6.0 million and adjusted operating basic and diluted earnings(1) per common share of $0.66 for the fourth quarter of 2024. Jennifer Knighting Thu, 06 Feb 2025 17:39:00 GMT f1397696-738c-4295-afcd-943feb885714:1036 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1028/Atlantic-Merchant-and-First-Bank-Announce-Strategic-Partnership-to-Enhance-Payment-Processing-for-Clients#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1028 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1028&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1028/Atlantic-Merchant-and-First-Bank-Announce-Strategic-Partnership-to-Enhance-Payment-Processing-for-Clients TINLEY PARK, IL – Atlantic Merchant Services, a subsidiary of Payroc, the payments platform built for partners, today announced a new partnership with First Bank, a trusted financial institution serving Commonwealth of Virginia since 1907. Beginning January 1, 2025, Atlantic Merchant will support First Bank's clients with seamless, secure, and customized payment processing solutions. This collaboration aligns with both organizations' commitment to exceptional customer service and innovation. First Bank’s clients will now have access to Atlantic Merchant’s suite of advanced payment technology, including point-of-sale systems, contactless payment options, and business analytics tools—all designed to save time and drive efficiency. "Our partnership with Atlantic Merchant ensures our customers have access to cutting-edge payment solutions with the personal touch they’ve come to expect," Dennis Dysart, President and Chief Operating Officer, commented.  "We’re thrilled to provide community businesses, non-profits, and municipalities with individualized resources they need to thrive while maintaining the customer-first focus that is central to our mission." Atlantic Merchant’s dedication to creating unique customer experiences is unmatched. With solutions tailored to the specific needs of First Bank’s diverse clientele, Atlantic Merchant sets itself apart from competitors by combining technological innovation with localized support. "At Atlantic Merchant, we believe in empowering businesses through innovation and exceptional service," said Bill Baker, Managing Director of Sales Solutions at Atlantic Merchant. "Partnering with First Bank allows us to bring our expertise to a community-focused financial institution that shares our values." This partnership underscores the shared vision of both organizations to help local businesses succeed in an ever-evolving marketplace. For more information about Atlantic Merchant’s solutions, visit www.AtlanticMerchant.com.   About Atlantic Merchant Atlantic Merchant Services, LLC, is a wholly owned subsidiary of Payroc World Access, a high-growth merchant acquirer, processor, and payment integrations powerhouse that offers best-in-class sales enablement and payment processing technology on a global scale, delivering proprietary, innovative, and full-service merchant acquiring solutions together with key card brand network payment sponsorship registrations. Payroc is a registered Visa third-party processor, a Visa independent sales organization, a Mastercard third-party service provider, a Mastercard member service provider, a payment facilitator, an encryption support organization for Fifth Third Bank, National Association ("Fifth Third"), and, in Canada is registered with Peoples Trust Company, among many others. For more information, visit AtlanticMerchant.com.     About First Bank First Bank is a community bank that first opened for business in 1907 in Strasburg, Virginia. The Bank offers loan and deposit products and services through its website, www.fbvirginia.com, its mobile banking platform, a network of ATMs located throughout its market area, three loan production offices, two customer service centers in retirement communities, and thirty-three bank branch office locations located throughout the Shenandoah Valley, the central region of Virginia, the Roanoke Valley, the city of Richmond, and in northern North Carolina. Jennifer Knighting Thu, 02 Jan 2025 15:00:00 GMT f1397696-738c-4295-afcd-943feb885714:1028 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1029/First-National-Corporation-Reports-Third-Quarter-2024-Financial-Results#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1029 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1029&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1029/First-National-Corporation-Reports-Third-Quarter-2024-Financial-Results STRASBURG, Va., Nov. 01, 2024 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), reported unaudited consolidated net income of $2.2 million and basic and diluted earnings per common share of $0.36 for the third quarter of 2024 and adjusted net income(1) of $2.4 million and adjusted basic and diluted earnings per common share(1) of $0.39. Jennifer Knighting Fri, 01 Nov 2024 15:19:00 GMT f1397696-738c-4295-afcd-943feb885714:1029 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1030/First-National-Corporation-Completes-Acquisition-of-Touchstone-Bankshares-Inc#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1030 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1030&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1030/First-National-Corporation-Completes-Acquisition-of-Touchstone-Bankshares-Inc STRASBURG, Va., Oct. 01, 2024 (GLOBE NEWSWIRE) -- First National Corporation (NASDAQ: FXNC) (the “Company” or “First National”), the one-bank holding company of First Bank, announced today that it has completed the acquisition by merger of Touchstone Bankshares, Inc. (“Touchstone”) effective October 1, 2024 (the “Merger”). Jennifer Knighting Tue, 01 Oct 2024 15:30:00 GMT f1397696-738c-4295-afcd-943feb885714:1030 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1031/First-National-Corporation-and-Touchstone-Bankshares-Inc-Announce-Receipt-of-Shareholder-Approval#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1031 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1031&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1031/First-National-Corporation-and-Touchstone-Bankshares-Inc-Announce-Receipt-of-Shareholder-Approval STRASBURG, Va. and PRINCE GEORGE, Va., Sept. 03, 2024 (GLOBE NEWSWIRE) -- At separate shareholder meetings held on August 29, 2024, First National Corporation (NASDAQ: FXNC) (the “Company” or “First National”), the bank holding company of First Bank, and Touchstone Bankshares, Inc. (“Touchstone”) (OTCPK: TSBA), the bank holding company of Touchstone Bank, received the required approval of each company’s shareholders to consummate the previously announced merger of Touchstone with and into First National in an all-stock transaction (the “Merger”). Jennifer Knighting Tue, 03 Sep 2024 16:03:00 GMT f1397696-738c-4295-afcd-943feb885714:1031 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1032/First-National-Corporation-and-Touchstone-Bankshares-Inc-Announce-Receipt-of-Regulatory-Approvals-for-Merger#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1032 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1032&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1032/First-National-Corporation-and-Touchstone-Bankshares-Inc-Announce-Receipt-of-Regulatory-Approvals-for-Merger STRASBURG, Va. and PRINCE GEORGE, Va., Aug. 08, 2024 (GLOBE NEWSWIRE) -- First National Corporation (“First National”) (NASDAQ: FXNC), the bank holding company of First Bank, and Touchstone Bankshares, Inc. (“Touchstone”) (OTCPK: TSBA), the bank holding company of Touchstone Bank, announced today the receipt of regulatory approvals from the Federal Reserve Bank of Richmond, acting under authority delegated by the Board of Governors of the Federal Reserve System, and the Bureau of Financial Institutions of the Commonwealth of Virginia, to complete the previously announced merger of Touchstone with and into First National in an all-stock transaction (the “Merger”).  Jennifer Knighting Thu, 08 Aug 2024 20:39:00 GMT f1397696-738c-4295-afcd-943feb885714:1032 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1033/First-National-Corporation-Reports-Second-Quarter-Financial-Results#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1033 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1033&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1033/First-National-Corporation-Reports-Second-Quarter-Financial-Results STRASBURG, Va., July 31, 2024 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), reported unaudited consolidated net income of $2.4 million and basic and diluted earnings per common share of $0.39 for the second quarter of 2024 and adjusted net income(1) of $3.0 million and adjusted basic and diluted earnings per common share(1) of $0.48. Jennifer Knighting Wed, 31 Jul 2024 20:42:00 GMT f1397696-738c-4295-afcd-943feb885714:1033 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1034/First-National-Corporation-Reports-First-Quarter-Financial-Results#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1034 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1034&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1034/First-National-Corporation-Reports-First-Quarter-Financial-Results STRASBURG, Va., April 30, 2024 (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 $3.2 million and diluted earnings per common share of $0.51 for the three months ended March 31, 2024. Jennifer Knighting Tue, 30 Apr 2024 20:44:00 GMT f1397696-738c-4295-afcd-943feb885714:1034 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1035/First-National-Corporation-to-Acquire-Touchstone-Bankshares-Inc#Comments 0 https://www.fbvirginia.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=97&ModuleID=1548&ArticleID=1035 https://www.fbvirginia.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1035&PortalID=0&TabID=97 https://www.fbvirginia.com/Resources/Learning-Center/Blog/ID/1035/First-National-Corporation-to-Acquire-Touchstone-Bankshares-Inc STRASBURG, Va. and PRINCE GEORGE, Va., March 26, 2024 (GLOBE NEWSWIRE) -- First National Corporation (“First National”) (NASDAQ: FXNC) and Touchstone Bankshares, Inc. (“Touchstone”) (OTCPK: TSBA) announced today they have entered into a definitive merger agreement for First National to acquire Touchstone in an all-stock transaction. Jennifer Knighting Tue, 26 Mar 2024 20:46:00 GMT f1397696-738c-4295-afcd-943feb885714:1035