XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.23.1

Note 3 - Loans (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Notes Tables |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] |
|  | March 31, 2023 |  |  | December 31, 2022 |
Real estate loans: |  |  |  |  |  |  |  |
Construction and land development |  | $ | 48,610 |  |  | $ | 51,840 |
Secured by 1-4 family residential |  |  | 334,302 |  |  |  | 331,421 |
Other real estate loans |  |  | 416,001 |  |  |  | 418,456 |
Commercial and industrial loans |  |  | 110,937 |  |  |  | 111,225 |
Consumer and other loans |  |  | 8,117 |  |  |  | 7,581 |
Total loans |  | $ | 917,967 |  |  | $ | 920,523 |
Allowance for credit losses |  |  | (8,717 | ) |  |  | (7,446 | )
Loans, net |  | $ | 909,250 |  |  | $ | 913,077 |
Financing Receivable, Purchased with Credit Deterioration [Table Text Block] |
|  | March 31, 2023 |  |  | December 31, 2022 |
|  | Acquired Loans- |  |  | Acquired Loans- |
|  | Non-Purchased |  |  | Non-Purchased |
(Dollars in thousands) |  | Credit Deteriorated |  |  | Credit Deteriorated |
Outstanding principal balance |  | $ | 178,664 |  |  | $ | 187,017 |
Carrying amount |  |  |  |  |  |  |  |
Real estate loans: |  |  |  |  |  |  |  |
Construction and land development |  | $ | 9,876 |  |  | $ | 9,823 |
Secured by 1-4 family residential |  |  | 41,013 |  |  |  | 42,915 |
Other real estate loans |  |  | 99,115 |  |  |  | 103,521 |
Commercial and industrial loans |  |  | 22,737 |  |  |  | 24,661 |
Consumer and other loans |  |  | 3,531 |  |  |  | 3,560 |
Total acquired loans |  | $ | 176,272 |  |  | $ | 184,480 |
Financing Receivable, Past Due [Table Text Block] |
|  | March 31, 2023 |
|  | 30-59 Days Past Due |  |  | 60-89 Days Past Due |  |  | > 90 Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Total Loans |  |  | Non-accrual Loans |  |  | 90 Days or More Past Due and Accruing |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 427 |  |  | $ | — |  |  | $ | 1,003 |  |  | $ | 1,430 |  |  | $ | 47,180 |  |  | $ | 48,610 |  |  | $ | 1,044 |  |  | $ | — |
Secured by 1-4 family residential |  |  | 1,422 |  |  |  | 16 |  |  |  | 82 |  |  |  | 1,520 |  |  |  | 332,782 |  |  |  | 334,302 |  |  |  | 474 |  |  |  | — |
Other real estate loans |  |  | 17 |  |  |  | — |  |  |  | 109 |  |  |  | 126 |  |  |  | 415,875 |  |  |  | 416,001 |  |  |  | 73 |  |  |  | 47 |
Commercial and industrial |  |  | 5 |  |  |  | 16 |  |  |  | — |  |  |  | 21 |  |  |  | 110,916 |  |  |  | 110,937 |  |  |  | — |  |  |  | — |
Consumer and other loans |  |  | 3 |  |  |  | 14 |  |  |  | — |  |  |  | 17 |  |  |  | 8,100 |  |  |  | 8,117 |  |  |  | — |  |  |  | — |
Total |  | $ | 1,874 |  |  | $ | 46 |  |  | $ | 1,194 |  |  | $ | 3,114 |  |  | $ | 914,853 |  |  | $ | 917,967 |  |  | $ | 1,591 |  |  | $ | 47 |
|  | December 31, 2022 |
|  | 30-59 Days Past Due |  |  | 60-89 Days Past Due |  |  | > 90 Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Total Loans |  |  | Non-accrual Loans |  |  | 90 Days or More Past Due and Accruing |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 115 |  |  | $ | 20 |  |  | $ | 1,045 |  |  | $ | 1,180 |  |  | $ | 50,660 |  |  | $ | 51,840 |  |  | $ | 1,045 |  |  | $ | — |
Secured by 1-4 family residential |  |  | 1,033 |  |  |  | 60 |  |  |  | 207 |  |  |  | 1,300 |  |  |  | 330,121 |  |  |  | 331,421 |  |  |  | 530 |  |  |  | — |
Other real estate loans |  |  | 109 |  |  |  | — |  |  |  | — |  |  |  | 109 |  |  |  | 418,347 |  |  |  | 418,456 |  |  |  | 13 |  |  |  | — |
Commercial and industrial |  |  | 31 |  |  |  | 130 |  |  |  | 1,085 |  |  |  | 1,246 |  |  |  | 109,979 |  |  |  | 111,225 |  |  |  | 1,085 |  |  |  | — |
Consumer and other loans |  |  | 26 |  |  |  | 25 |  |  |  | — |  |  |  | 51 |  |  |  | 7,530 |  |  |  | 7,581 |  |  |  | — |  |  |  | — |
Total |  | $ | 1,314 |  |  | $ | 235 |  |  | $ | 2,337 |  |  | $ | 3,886 |  |  | $ | 916,637 |  |  | $ | 920,523 |  |  | $ | 2,673 |  |  | $ | — |
Financing Receivable Credit Quality Indicators [Table Text Block] |
|  | March 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Term Loans by Year of Origination |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | 2019 |  |  | Prior |  |  | Revolving |  |  | Total |
Construction and land development |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 627 |  |  | $ | 3,598 |  |  | $ | 8,074 |  |  | $ | 2,695 |  |  | $ | 2,327 |  |  | $ | 3,863 |  |  | $ | 26,382 |  |  | $ | 47,566 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,044 |  |  |  | — |  |  |  | 1,044 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Construction and land development |  | $ | 627 |  |  | $ | 3,598 |  |  | $ | 8,074 |  |  | $ | 2,695 |  |  | $ | 2,327 |  |  | $ | 4,907 |  |  | $ | 26,382 |  |  | $ | 48,610 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Secured by 1-4 family residential |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 8,910 |  |  | $ | 65,912 |  |  | $ | 65,803 |  |  | $ | 41,706 |  |  | $ | 32,203 |  |  | $ | 74,313 |  |  | $ | 44,685 |  |  | $ | 333,532 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 770 |  |  |  | — |  |  |  | 770 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Secured by 1-4 family residential |  | $ | 8,910 |  |  | $ | 65,912 |  |  | $ | 65,803 |  |  | $ | 41,706 |  |  | $ | 32,203 |  |  | $ | 75,083 |  |  | $ | 44,685 |  |  | $ | 334,302 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 2,488 |  |  | $ | 94,258 |  |  | $ | 88,542 |  |  | $ | 42,553 |  |  | $ | 41,713 |  |  | $ | 135,868 |  |  | $ | 9,137 |  |  | $ | 414,559 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,369 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,369 |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 73 |  |  |  | — |  |  |  | 73 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Other real estate loans |  | $ | 2,488 |  |  | $ | 94,258 |  |  | $ | 88,542 |  |  | $ | 43,922 |  |  | $ | 41,713 |  |  | $ | 135,941 |  |  | $ | 9,137 |  |  | $ | 416,001 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial and industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 5,659 |  |  | $ | 35,448 |  |  | $ | 29,514 |  |  | $ | 4,743 |  |  | $ | 7,709 |  |  | $ | 11,446 |  |  | $ | 16,349 |  |  | $ | 110,868 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 69 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 69 |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Commercial and industrial |  | $ | 5,659 |  |  | $ | 35,448 |  |  | $ | 29,514 |  |  | $ | 4,812 |  |  | $ | 7,709 |  |  | $ | 11,446 |  |  | $ | 16,349 |  |  | $ | 110,937 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 623 |  |  | $ | — |  |  | $ | 228 |  |  | $ | — |  |  | $ | 851 |
Consumer and other loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 1,365 |  |  | $ | 2,028 |  |  | $ | 606 |  |  | $ | 1,643 |  |  | $ | 2,344 |  |  | $ | 96 |  |  | $ | 35 |  |  | $ | 8,117 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Consumer and other loans |  | $ | 1,365 |  |  | $ | 2,028 |  |  | $ | 606 |  |  | $ | 1,643 |  |  | $ | 2,344 |  |  | $ | 96 |  |  | $ | 35 |  |  | $ | 8,117 |
Current period gross write-offs |  | $ | 82 |  |  | $ | 26 |  |  | $ | 1 |  |  | $ | 14 |  |  | $ | — |  |  | $ | 3 |  |  | $ | — |  |  | $ | 126 |
|  | December 31, 2022 |
|  | Pass |  |  | Special Mention |  |  | Substandard |  |  | Doubtful |  |  | Total |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 50,795 |  |  | $ | — |  |  | $ | 1,045 |  |  | $ | — |  |  | $ | 51,840 |
Secured by 1-4 family residential |  |  | 330,590 |  |  |  | — |  |  |  | 831 |  |  |  | — |  |  |  | 331,421 |
Other real estate loans |  |  | 416,559 |  |  |  | 1,884 |  |  |  | 13 |  |  |  | — |  |  |  | 418,456 |
Commercial and industrial |  |  | 110,065 |  |  |  | 75 |  |  |  | 1,085 |  |  |  | — |  |  |  | 111,225 |
Consumer and other loans |  |  | 7,581 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 7,581 |
Total |  | $ | 915,590 |  |  | $ | 1,959 |  |  | $ | 2,974 |  |  | $ | — |  |  | $ | 920,523 |

X
- Definition Tabular disclosure of loans purchased with credit deterioration. + References No definition available. + Details
Name: | fxnc_FinancingReceivablePurchasedWithCreditDeteriorationTableTextBlock
Namespace Prefix: | fxnc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-5 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-29 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-14 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 80 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479294/326-20-55-80 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-7 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-7A + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
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