XML 62 R50.htm IDEA: XBRL DOCUMENT v3.21.2

Note 4 - Allowance for Loan Losses - Allowance by Impairment Methodology and Loans by Impairment Methodology (Details) - USD ($) $ in Thousands	6 Months Ended			12 Months Ended
	Jun. 30, 2021		Jun. 30, 2020	Dec. 31, 2020
Beginning balance	$ 7,485	[1]	$ 4,934	$ 4,934
Charge-offs	(1,151)		(504)	(784)
Recoveries	131		166	335
(Recovery of) provision for loan losses	(1,000)		1,700	3,000
Ending balance	5,465		6,296	7,485	[1]
Individually evaluated for impairment, allowance	78		28	2,223
Collectively evaluated for impairment, allowance	5,387		6,268	5,262
Loans	617,348		651,516	629,914
Individually evaluated for impairment, loans	2,102		5,793	6,714
Collectively evaluated for impairment, loans	615,246		645,723	623,200
Real Estate 1 [Member] | Construction and Land Development [Member]
Beginning balance	306		464	464
Charge-offs	0		0	0
Recoveries	0		0	2
(Recovery of) provision for loan losses	(32)		(68)	(160)
Ending balance	274		396	306
Individually evaluated for impairment, allowance	0		0	0
Collectively evaluated for impairment, allowance	273		396	306
Loans	25,035		31,981	27,328
Individually evaluated for impairment, loans	0		400	276
Collectively evaluated for impairment, loans	25,035		31,581	27,052
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Beginning balance	1,022		776	776
Charge-offs	0		0	0
Recoveries	4		4	8
(Recovery of) provision for loan losses	(11)		543	238
Ending balance	1,015		1,323	1,022
Individually evaluated for impairment, allowance	0		5	0
Collectively evaluated for impairment, allowance	1,015		1,318	1,022
Loans	235,158		234,188	235,814
Individually evaluated for impairment, loans	410		497	449
Collectively evaluated for impairment, loans	234,748		233,691	235,365
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Beginning balance	4,956		2,296	2,296
Charge-offs	(992)		0	0
Recoveries	1		1	2
(Recovery of) provision for loan losses	(893)		936	2,658
Ending balance	3,072		3,233	4,956
Individually evaluated for impairment, allowance	0		23	2,065
Collectively evaluated for impairment, allowance	3,072		3,210	2,891
Loans	245,455		248,495	246,883
Individually evaluated for impairment, loans	158		4,896	4,441
Collectively evaluated for impairment, loans	245,297		243,599	242,442
Commercial and Industrial Loans [Member]
Beginning balance	784		562	562
Charge-offs	0		(69)	(69)
Recoveries	4		7	18
(Recovery of) provision for loan losses	(30)		283	273
Ending balance	758		783	784
Individually evaluated for impairment, allowance	78		0	158
Collectively evaluated for impairment, allowance	680		783	626
Loans	102,966		124,706	109,838
Individually evaluated for impairment, loans	1,534		0	1,548
Collectively evaluated for impairment, loans	101,432		124,706	108,290
Consumer and Other Loans [Member]
Beginning balance	417		836	836
Charge-offs	(159)		(435)	(715)
Recoveries	122		154	305
(Recovery of) provision for loan losses	(34)		6	(9)
Ending balance	346		561	417
Individually evaluated for impairment, allowance	0		0	0
Collectively evaluated for impairment, allowance	347		561	417
Loans	8,734		12,146	10,051
Individually evaluated for impairment, loans	0		0	0
Collectively evaluated for impairment, loans	$ 8,734		$ 12,146	$ 10,051
[1] Derived from audited consolidated financial statements.

X

- Definition

Amount of direct write-downs of accounts receivable charged against the allowance.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

+ Details

Name:	us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Amount of recovery of loans and lease receivables which had previously been fully or partially written-off as bad debts.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (c)(4)
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

+ Details

Name:	us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

The valuation allowance for financing receivables that are expected to be uncollectible that were collectively evaluated for impairment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

+ Details

Name:	us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount of valuation allowance for financing receivables that are expected to be uncollectible that were individually evaluated for impairment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

+ Details

Name:	us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

The balance of financing receivables that were collectively evaluated for impairment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

+ Details

Name:	us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The balance of financing receivables that were individually evaluated for impairment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

+ Details

Name:	us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 6.L.1)
-URI http://asc.fasb.org/extlink&oid=122038336&loc=d3e74567-122707

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (b)(1)(ii)
-URI http://asc.fasb.org/extlink&oid=121614798&loc=d3e15032-111544

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

+ Details

Name:	us-gaap_LoansAndLeasesReceivableAllowance
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount before allowance of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=124259787&loc=d3e4428-111522

+ Details

Name:	us-gaap_LoansAndLeasesReceivableGrossCarryingAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of expense related to estimated loss from loan and lease transactions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.11)
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

+ Details

Name:	us-gaap_ProvisionForLoanAndLeaseLosses
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Details

Name:	us-gaap_FinancingReceivablePortfolioSegmentAxis=fxnc_RealEstate1Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=fxnc_ConstructionAndLandDevelopmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=fxnc_SecuredByMultifamilyResidentialPropertiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=fxnc_OtherRealEstateLoansMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivablePortfolioSegmentAxis=fxnc_CommercialAndIndustrialLoansMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivablePortfolioSegmentAxis=fxnc_ConsumerAndOtherLoansMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: