XML 55 R39.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Allowance for Loan Losses (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Receivables [Abstract] |
Allowance by Impairment Methodology and Loans by Impairment Methodology | The following tables present, as of December 31, 2015 and 2014, the total allowance for loan losses, the allowance by impairment methodology and loans by impairment methodology (in thousands).
|  | December 31, 2015 |
|  | Construction and Land Development |  |  | Secured by 1-4 Family Residential |  |  | Other Real Estate |  |  | Commercial and Industrial |  |  | Consumer and Other Loans |  |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance, December 31, 2014 |  | $ | 1,403 |  |  | $ | 1,204 |  |  | $ | 3,658 |  |  | $ | 310 |  |  | $ | 143 |  |  | $ | 6,718 |
Charge-offs |  |  | — |  |  |  | (142 | ) |  |  | (1,125 | ) |  |  | (59 | ) |  |  | (512 | ) |  |  | (1,838 | )
Recoveries |  |  | 4 |  |  |  | 373 |  |  |  | 2 |  |  |  | 72 |  |  |  | 293 |  |  |  | 744 |
Provision for (recovery of) loan losses |  |  | 125 |  |  |  | (496 | ) |  |  | (1 | ) |  |  | (17 | ) |  |  | 289 |  |  |  | (100 | )
Ending Balance, December 31, 2015 |  | $ | 1,532 |  |  | $ | 939 |  |  | $ | 2,534 |  |  | $ | 306 |  |  | $ | 213 |  |  | $ | 5,524 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 326 |  |  |  | 23 |  |  |  | 195 |  |  |  | — |  |  |  | — |  |  |  | 544 |
Collectively evaluated for impairment |  |  | 1,206 |  |  |  | 916 |  |  |  | 2,339 |  |  |  | 306 |  |  |  | 213 |  |  |  | 4,980 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 33,135 |  |  |  | 189,286 |  |  |  | 181,447 |  |  |  | 24,048 |  |  |  | 11,083 |  |  |  | 438,999 |
Individually evaluated for impairment |  |  | 2,544 |  |  |  | 2,044 |  |  |  | 3,023 |  |  |  | 94 |  |  |  | — |  |  |  | 7,705 |
Collectively evaluated for impairment |  |  | 30,591 |  |  |  | 187,242 |  |  |  | 178,424 |  |  |  | 23,954 |  |  |  | 11,083 |  |  |  | 431,294 |
|  | December 31, 2014 |
|  | Construction and Land Development |  |  | Secured by 1-4 Family Residential |  |  | Other Real Estate |  |  | Commercial and Industrial |  |  | Consumer and Other Loans |  |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance, December 31, 2013 |  | $ | 2,710 |  |  | $ | 2,975 |  |  | $ | 4,418 |  |  | $ | 442 |  |  | $ | 99 |  |  | $ | 10,644 |
Charge-offs |  |  | (91 | ) |  |  | (272 | ) |  |  | (203 | ) |  |  | (43 | ) |  |  | (318 | ) |  |  | (927 | )
Recoveries |  |  | 80 |  |  |  | 15 |  |  |  | 509 |  |  |  | 18 |  |  |  | 229 |  |  |  | 851 |
Provision for (recovery of) loan losses |  |  | (1,296 | ) |  |  | (1,514 | ) |  |  | (1,066 | ) |  |  | (107 | ) |  |  | 133 |  |  |  | (3,850 | )
Ending Balance, December 31, 2014 |  | $ | 1,403 |  |  | $ | 1,204 |  |  | $ | 3,658 |  |  | $ | 310 |  |  | $ | 143 |  |  | $ | 6,718 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | 245 |  |  |  | 173 |  |  |  | 1,456 |  |  |  | 33 |  |  |  | — |  |  |  | 1,907 |
Collectively evaluated for impairment |  |  | 1,158 |  |  |  | 1,031 |  |  |  | 2,202 |  |  |  | 277 |  |  |  | 143 |  |  |  | 4,811 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 29,475 |  |  |  | 163,727 |  |  |  | 151,802 |  |  |  | 21,166 |  |  |  | 12,240 |  |  |  | 378,410 |
Individually evaluated for impairment |  |  | 3,205 |  |  |  | 3,414 |  |  |  | 7,183 |  |  |  | 120 |  |  |  | — |  |  |  | 13,922 |
Collectively evaluated for impairment |  |  | 26,270 |  |  |  | 160,313 |  |  |  | 144,619 |  |  |  | 21,046 |  |  |  | 12,240 |  |  |  | 364,488 |
Impaired Loans and Related Allowance | Impaired loans and the related allowance at December 31, 2015 and 2014, were as follows (in thousands):
|  | December 31, 2015 |
|  | Unpaid Principal Balance |  |  | Recorded Investment with No Allowance |  |  | Recorded Investment with Allowance |  |  | Total Recorded Investment |  |  | Related Allowance |  |  | Average Recorded Investment |  |  | Interest Income Recognized |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 2,741 |  |  | $ | 2,206 |  |  | $ | 338 |  |  | $ | 2,544 |  |  | $ | 326 |  |  | $ | 2,967 |  |  | $ | 60 |
Secured by 1-4 family |  |  | 2,116 |  |  |  | 2,021 |  |  |  | 23 |  |  |  | 2,044 |  |  |  | 23 |  |  |  | 2,526 |  |  |  | 107 |
Other real estate loans |  |  | 3,492 |  |  |  | 2,463 |  |  |  | 560 |  |  |  | 3,023 |  |  |  | 195 |  |  |  | 4,933 |  |  |  | 58 |
Commercial and industrial |  |  | 107 |  |  |  | 94 |  |  |  | — |  |  |  | 94 |  |  |  | — |  |  |  | 118 |  |  |  | — |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 8,456 |  |  | $ | 6,784 |  |  | $ | 921 |  |  | $ | 7,705 |  |  | $ | 544 |  |  | $ | 10,544 |  |  | $ | 225 |
|  | December 31, 2014 |
|  | Unpaid Principal Balance |  |  | Recorded Investment with No Allowance |  |  | Recorded Investment with Allowance |  |  | Total Recorded Investment |  |  | Related Allowance |  |  | Average Recorded Investment |  |  | Interest Income Recognized |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 3,299 |  |  | $ | 2,800 |  |  | $ | 405 |  |  | $ | 3,205 |  |  | $ | 245 |  |  | $ | 5,532 |  |  | $ | 40 |
Secured by 1-4 family |  |  | 4,327 |  |  |  | 2,526 |  |  |  | 888 |  |  |  | 3,414 |  |  |  | 173 |  |  |  | 3,433 |  |  |  | 138 |
Other real estate loans |  |  | 7,623 |  |  |  | 3,708 |  |  |  | 3,475 |  |  |  | 7,183 |  |  |  | 1,456 |  |  |  | 10,115 |  |  |  | 206 |
Commercial and industrial |  |  | 127 |  |  |  | 5 |  |  |  | 115 |  |  |  | 120 |  |  |  | 33 |  |  |  | 159 |  |  |  | 1 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 15,376 |  |  | $ | 9,039 |  |  | $ | 4,883 |  |  | $ | 13,922 |  |  | $ | 1,907 |  |  | $ | 19,239 |  |  | $ | 385 |
Information Regarding Loans Modified under TDR | The following table provides further information regarding loans modified under TDRs during the year ended December 31, 2014 (dollars in thousands):
|  | For the year ended December 31, 2014 |
|  | Number of Contracts |  |  | Pre-modification outstanding recorded investment |  |  | Post- modification outstanding recorded investment |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | — |  |  | $ | — |  |  | $ | — |
Secured by 1-4 family |  |  | — |  |  |  | — |  |  |  | — |
Other real estate loans |  |  | 1 |  |  |  | 283 |  |  |  | 344 |
Commercial and industrial |  |  | — |  |  |  | — |  |  |  | — |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | — |
Total |  |  | 1 |  |  | $ | 283 |  |  | $ | 344 |

X
- Definition Allowance for credit losses on financing receivables classification. + References No definition available. + Details
Name: | fxnc_AllowanceForCreditLossesOnFinancingReceivablesClassificationTableTextBlock
Namespace Prefix: | fxnc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Impaired loans and the related allowance. + References No definition available. + Details
Name: | fxnc_ImpairedLoansAndRelatedAllowanceTableTextBlock
Namespace Prefix: | fxnc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables and troubled debt restructurings. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953676-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953682-111524 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration