XML 36 R24.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Note 3 - Loans (Tables)

6 Months Ended

Jun. 30, 2024

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

		June 30, 2024				December 31, 2023
Real estate loans:
Construction and land development		$	60,919			$	52,680
Secured by 1-4 family residential			346,977				344,369
Other real estate loans			449,768				447,272
Commercial and industrial loans			116,299				113,074
Consumer and other loans			16,013				12,035
Total loans		$	989,976			$	969,430
Allowance for credit losses			(12,553	)			(11,974	)
Loans, net		$	977,423			$	957,456

Financing Receivable, Purchased with Credit Deterioration [Table Text Block]

		June 30, 2024				December 31, 2023
		Acquired Loans-				Acquired Loans-
		Non-Purchased				Non-Purchased
(Dollars in thousands)		Credit Deteriorated				Credit Deteriorated
Outstanding principal balance		$	152,630			$	164,028
Carrying amount
Real estate loans:
Construction and land development		$	7,491			$	7,851
Secured by 1-4 family residential			34,154				36,290
Other real estate loans			90,250				94,882
Commercial and industrial loans			15,659				19,611
Consumer and other loans			3,324				3,451
Total acquired loans		$	150,878			$	162,085

Financing Receivable, Past Due [Table Text Block]

		June 30, 2024
		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		$	—			$	—			$	36			$	36			$	60,883			$	60,919			$	36			$	—
Secured by 1-4 family residential			1,184				219				248				1,651				345,326				346,977				749				—
Other real estate loans			78				—				—				78				449,690				449,768				—				—
Commercial and industrial			742				401				2,188				3,331				112,968				116,299				7,845				—
Consumer and other loans			24				—				—				24				15,989				16,013				—				—
Total		$	2,028			$	620			$	2,472			$	5,120			$	984,856			$	989,976			$	8,630			$	—

		December 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		$	183			$	4			$	38			$	225			$	52,455			$	52,680			$	38			$	—
Secured by 1-4 family residential			1,364				350				392				2,106				342,263				344,369				495				245
Other real estate loans			—				—				82				82				447,190				447,272				—				82
Commercial and industrial			252				316				197				765				112,309				113,074				6,230				197
Consumer and other loans			33				—				—				33				12,002				12,035				—				—
Total		$	1,832			$	670			$	709			$	3,211			$	966,219			$	969,430			$	6,763			$	524

Financing Receivable Credit Quality Indicators [Table Text Block]

		June 30, 2024
		Term Loans by Year of Origination
		2024				2023				2022				2021				2020				Prior				Revolving				Total
Construction and land development
Pass		$	861			$	1,702			$	2,679			$	4,436			$	3,306			$	4,546			$	43,352			$	60,882
Special Mention			—				—				—				—				—				—				—				—
Substandard			—				—				—				—				—				37				—				37
Doubtful			—				—				—				—				—				—				—				—
Total construction and land development		$	861			$	1,702			$	2,679			$	4,436			$	3,306			$	4,583			$	43,352			$	60,919
Current period gross write-offs		$	—			$	—			$	—			$	—			$	—			$	4			$	—			$	4
Secured by 1-4 family residential
Pass		$	8,034			$	36,903			$	65,212			$	58,106			$	36,961			$	90,690			$	50,037			$	345,943
Special Mention			—				—				—				—				—				—				—				—
Substandard			—								133				201				—				700				—				1,034
Doubtful			—				—				—				—				—				—				—				—
Total secured by 1-4 family residential		$	8,034			$	36,903			$	65,345			$	58,307			$	36,961			$	91,390			$	50,037			$	346,977
Current period gross write-offs		$	—			$	—			$	—			$	—			$	—			$	10			$	—			$	10
Other real estate loans
Pass		$	21,012			$	51,426			$	93,506			$	90,608			$	35,884			$	147,472			$	9,860			$	449,768
Special Mention			—				—				—				—				—				—				—				—
Substandard			—				—				—				—				—				—				—				—
Doubtful			—				—				—				—				—				—				—				—
Total other real estate loans		$	21,012			$	51,426			$	93,506			$	90,608			$	35,884			$	147,472			$	9,860			$	449,768
Current period gross write-offs		$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
Commercial and industrial
Pass		$	10,839			$	21,949			$	19,250			$	16,297			$	2,388			$	9,961			$	26,477			$	107,161
Special Mention			—				—				1,380				—				—				—				—				1,380
Substandard			109				701				4,220				1,780				—				948				—				7,758
Doubtful			—				—				—				—				—				—				—				—
Total commercial and industrial		$	10,948			$	22,650			$	24,850			$	18,077			$	2,388			$	10,909			$	26,477			$	116,299
Current period gross write-offs		$	101			$	653			$	—			$	2			$	—			$	—			$	—			$	756
Consumer and other loans
Pass		$	2,977			$	2,138			$	864			$	157			$	1,317			$	2,082			$	6,478			$	16,013
Special Mention			—				—				—				—				—				—				—				—
Substandard			—				—				—				—				—				—				—				—
Doubtful			—				—				—				—				—				—				—				—
Total consumer and other loans		$	2,977			$	2,138			$	864			$	157			$	1,317			$	2,082			$	6,478			$	16,013
Current period gross write-offs		$	127			$	24			$	9			$	3			$	1			$	—			$	—			$	164

		December 31, 2023
		Term Loans by Year of Origination
		2023				2022				2021				2020				2019				Prior				Revolving				Total
Construction and land development
Pass		$	2,477			$	2,925			$	4,350			$	3,450			$	2,085			$	2,859			$	34,496			$	52,642
Special Mention			—				—				—				—				—				—				—				—
Substandard			—				—				—				—				—				38				—				38
Doubtful			—				—				—				—				—				—				—				—
Total construction and land development		$	2,477			$	2,925			$	4,350			$	3,450			$	2,085			$	2,897			$	34,496			$	52,680
Current period gross write-offs		$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
Secured by 1-4 family residential
Pass		$	43,029			$	77,196			$	64,063			$	41,192			$	31,509			$	76,295			$	10,303			$	343,587
Special Mention			—				—				—				—				—				—				—				—
Substandard			—				98				19				—				—				665				—				782
Doubtful			—				—				—				—				—				—				—				—
Total secured by 1-4 family residential		$	43,029			$	77,294			$	64,082			$	41,192			$	31,509			$	76,960			$	10,303			$	344,369
Current period gross write-offs		$	—			$	59			$	—			$	—			$	—			$	—			$	—			$	59
Other real estate loans
Pass		$	51,560			$	94,666			$	90,089			$	41,186			$	36,747			$	122,755			$	10,269			$	447,272
Special Mention			—				—				—				—				—				—				—				—
Substandard			—				—				—				—				—				—				—				—
Doubtful			—				—				—				—				—				—				—				—
Total other real estate loans		$	51,560			$	94,666			$	90,089			$	41,186			$	36,747			$	122,755			$	10,269			$	447,272
Current period gross write-offs		$	—			$	—			$	—			$	—			$	—			$	34			$	—			$	34
Commercial and industrial
Pass		$	22,086			$	26,755			$	20,352			$	4,102			$	4,448			$	8,276			$	20,825			$	106,844
Special Mention			—				—				—				—				—				—				—				—
Substandard			58				3,757				1,453				—				167				795				—				6,230
Doubtful			—				—				—				—				—				—				—				—
Total commercial and industrial		$	22,144			$	30,512			$	21,805			$	4,102			$	4,615			$	9,071			$	20,825			$	113,074
Current period gross write-offs		$	315			$	1,121			$	1,139			$	624			$	—			$	253			$	—			$	3,452
Consumer and other loans
Pass		$	3,021			$	1,203			$	311			$	1,471			$	2,172			$	14			$	3,843			$	12,035
Special Mention			—				—				—				—				—				—				—				—
Substandard			—				—				—				—				—				—				—				—
Doubtful			—				—				—				—				—				—				—				—
Total consumer and other loans		$	3,021			$	1,203			$	311			$	1,471			$	2,172			$	14			$	3,843			$	12,035
Current period gross write-offs		$	366			$	57			$	4			$	15			$	3			$	3			$	—			$	448

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://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-29

Reference 2: 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

+ 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://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-7A

Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-7

Reference 3: 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 4: 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

+ 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
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-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