First National Balance Sheet Health
Financial Health criteria checks 6/6
First National has total assets of $1.4B and total equity of $116.3M. Total deposits are $1.2B, and total loans are $957.5M. It earns a Net Interest Margin of 3.4%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $89.6M.
Key information
12.2x
Asset to equity ratio
3.4%
Net interest margin
Total deposits | US$1.23b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.7% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$89.65m |
Recent financial health updates
No updates
Recent updates
First National (NASDAQ:FXNC) Will Pay A Dividend Of $0.15
Feb 23First National (NASDAQ:FXNC) Is Due To Pay A Dividend Of $0.15
Aug 15First National (NASDAQ:FXNC) Is Due To Pay A Dividend Of $0.15
May 15First National's (NASDAQ:FXNC) Dividend Will Be Increased To $0.15
Feb 16First National goes ex-dividend tomorrow
Aug 24First National GAAP EPS of $0.61, revenue of $14.07M
Jul 26First National (NASDAQ:FXNC) Has Announced That It Will Be Increasing Its Dividend To US$0.14
May 17First National's (NASDAQ:FXNC) Dividend Will Be Increased To US$0.14
Feb 15First National goes ex-dividend tomorrow
May 26Here's Why I Think First National (NASDAQ:FXNC) Is An Interesting Stock
May 04First National reports Q1 results
Apr 30Gerald Smith Is The Independent Vice Chairman & Secretary of the Board of First National Corporation (NASDAQ:FXNC) And They Just Picked Up 3.3% More Shares
Mar 21How Does First National Corporation (NASDAQ:FXNC) Stand Up To These Simple Dividend Safety Checks?
Mar 12Is First National's (NASDAQ:FXNC) Share Price Gain Of 100% Well Earned?
Feb 04First National reports Q4 results
Jan 29First National goes ex-dividend tomorrow
Dec 17First National (NASDAQ:FXNC) Could Be A Buy For Its Upcoming Dividend
Dec 14How Much Does First National's (NASDAQ:FXNC) CEO Make?
Nov 23First National reports Q3 results
Oct 29Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FXNC's Assets to Equity ratio (12.2x) is moderate.
Allowance for Bad Loans: FXNC has a sufficient allowance for bad loans (177%).
Low Risk Liabilities: 95% of FXNC's liabilities are made up of primarily low risk sources of funding.
Loan Level: FXNC has an appropriate level of Loans to Assets ratio (67%).
Low Risk Deposits: FXNC's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: FXNC has an appropriate level of bad loans (0.7%).