XML 38 R27.htm IDEA: XBRL DOCUMENT v3.22.1

Note 2 - Securities (Tables)

3 Months Ended

Mar. 31, 2022

Notes Tables

Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block]

		March 31, 2022
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized (Losses)				Fair Value
Securities available for sale:
U.S. Treasury securities		$	59,797			$	—			$	(2,276	)		$	57,521
U.S. agency and mortgage-backed securities			171,513				140				(10,392	)			161,261
Obligations of states and political subdivisions			70,165				148				(6,211	)			64,102
Corporate debt securities			2,011				—				(2	)			2,009
Total securities available for sale		$	303,486			$	288			$	(18,881	)		$	284,893
Securities held to maturity:
U.S. agency and mortgage-backed securities		$	69,367			$	—			$	(2,812	)		$	66,555
Obligations of states and political subdivisions			9,273				12				(543	)			8,742
Corporate debt securities			3,000				—				—				3,000
Total securities held to maturity		$	81,640			$	12			$	(3,355	)		$	78,297
Total securities		$	385,126			$	300			$	(22,236	)		$	363,190

		December 31, 2021
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized (Losses)				Fair Value
Securities available for sale:
U.S. Treasury securities		$	39,871			$	37			$	(250	)		$	39,658
U.S. agency and mortgage-backed securities			177,131				1,085				(1,837	)			176,379
Obligations of states and political subdivisions			71,037				910				(509	)			71,438
Corporate debt securities			2,019				1				—				2,020
Total securities available for sale		$	290,058			$	2,033			$	(2,596	)		$	289,495
Securities held to maturity:
U.S. agency and mortgage-backed securities		$	26,392			$	124			$	(53	)		$	26,463
Obligations of states and political subdivisions			7,049				118				(13	)			7,154
Total securities held to maturity		$	33,441			$	242			$	(66	)		$	33,617
Total securities		$	323,499			$	2,275			$	(2,662	)		$	323,112

Schedule of Temporary Impairment Losses, Investments [Table Text Block]

		March 31, 2022
		Less than 12 months								12 months or more								Total
		Fair Value				Unrealized (Loss)				Fair Value				Unrealized (Loss)				Fair Value				Unrealized (Loss)
Securities available for sale:
U.S. Treasury securities		$	57,521			$	(2,276	)		$	—			$	—			$	57,521			$	(2,276	)
U.S. agency and mortgage-backed securities			126,499				(7,605	)			26,536				(2,787	)			153,035				(10,392	)
Obligations of states and political subdivisions			43,821				(5,529	)			5,003				(682	)			48,824				(6,211	)
Corporate debt securities			2,009				(2	)			—				—				2,009				(2	)
Total securities available for sale		$	229,850			$	(15,412	)		$	31,539			$	(3,469	)		$	261,389			$	(18,881	)
Securities held to maturity:
U.S. agency and mortgage-backed securities		$	66,555			$	(2,812	)		$	—			$	—			$	66,555			$	(2,812	)
Obligations of states and political subdivisions			5,991				(543	)			—				—				5,991				(543	)
Total securities held to maturity		$	72,546			$	(3,355	)		$	—			$	—			$	72,546			$	(3,355	)
Total securities		$	302,396			$	(18,767	)		$	31,539			$	(3,469	)		$	333,935			$	(22,236	)

		December 31, 2021
		Less than 12 months								12 months or more								Total
		Fair Value				Unrealized (Loss)				Fair Value				Unrealized (Loss)				Fair Value				Unrealized (Loss)
Securities available for sale:
U.S. Treasury securities		$	29,656			$	(250	)		$	—			$	—			$	29,656			$	(250	)
U.S. agency and mortgage-backed securities			109,950				(1,335	)			14,749				(502	)			124,699				(1,837	)
Obligations of states and political subdivisions			34,611				(500	)			1,009				(9	)			35,620				(509	)
Total securities available for sale		$	174,217			$	(2,085	)		$	15,758			$	(511	)		$	189,975			$	(2,596	)
Securities held to maturity:
U.S. agency and mortgage-backed securities		$	5,411			$	(53	)		$	—			$	—			$	5,411			$	(53	)
Obligations of states and political subdivisions			999				(13	)			—				—				999				(13	)
Total securities held to maturity		$	6,410			$	(66	)		$	—			$	—			$	6,410			$	(66	)
Total securities		$	180,627			$	(2,151	)		$	15,758			$	(511	)		$	196,385			$	(2,662	)

Investments Classified by Contractual Maturity Date [Table Text Block]

		Available for Sale								Held to Maturity
		Amortized Cost				Fair Value				Amortized Cost				Fair Value
Due within one year		$	810			$	811			$	3,019			$	3,022
Due after one year through five years			56,795				55,128				6,501				6,449
Due after five years through ten years			66,160				63,379				11,373				10,892
Due after ten years			179,721				165,575				60,747				57,934
		$	303,486			$	284,893			$	81,640			$	78,297

Marketable Securities [Table Text Block]

		March 31, 2022				December 31, 2021
Federal Home Loan Bank stock		$	796			$	701
Federal Reserve Bank stock			980				980
Community Bankers’ Bank stock			132				132
		$	1,908			$	1,813

X

- Definition

The tabular disclosure of amortized costs, unrealized gains (losses), and fair values of available-for-sale and held-to-maturity securities.

+ References

No definition available.

+ Details

Name:	fxnc_ScheduleOfAvailableforsaleAndHeldtomaturityReconciliationTableTextBlock
Namespace Prefix:	fxnc_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.

+ References

No definition available.

+ Details

Name:	us-gaap_MarketableSecuritiesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of investments in an unrealized loss position for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), including: (a) the aggregate related fair value of investments with unrealized losses, (b) the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27290-111563

+ Details

Name:	us-gaap_ScheduleOfTemporaryImpairmentLossesInvestmentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration