XML 44 R32.htm IDEA: XBRL DOCUMENT
v3.25.2

Note 11 - Acquisition (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Notes Tables |
Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block] |
Purchase price consideration: |  |  |  |
Fair value of shares of the Company’s common stock |  | $ | 46,789 |
Cash paid for fractional shares |  |  | 10 |
Total purchase price |  | $ | 46,799 |
Fair value of assets acquired: |  |  |  |
Cash and cash equivalents |  | $ | 70,253 |
Securities AFS |  |  | 62,166 |
Loans, net accretion |  |  | 479,341 |
Premises and equipment |  |  | 11,388 |
CDI and other intangibles |  |  | 15,329 |
Bank owned life insurance |  |  | 12,617 |
Other assets |  |  | 13,232 |
Total assets |  | $ | 664,326 |
Fair value of liabilities assumed: |  |  |  |
Deposits |  | $ | 555,439 |
Short-term borrowings |  |  | 39,305 |
Subordinated debt |  |  | 16,176 |
Other liabilities |  |  | 3,687 |
Total liabilities |  | $ | 614,607 |
Fair value of net assets acquired |  | $ | 49,719 |
Preliminary bargain purchase gain |  | $ | 2,920 |
Schedule of Net Effect of Amortization and Accretion Adjustment Associated With Business Combination [Table Text Block] |
|  | For the Three Months Ended June 30, |
|  | 2025 |  |  | 2024 |
Loans (1) |  | $ | 930 |  |  | $ | 93 |
Buildings (2) |  |  | 11 |  |  |  | 5 |
Core deposit intangible (3) |  |  | 441 |  |  |  | 4 |
Subordinated Debt (4) |  |  | (186 | ) |  |  | — |
Time deposits (5) |  |  | 163 |  |  |  | — |
Net impact to income before taxes |  | $ | 1,359 |  |  | $ | 102 |
|  | For the Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |
Loans (1) |  | $ | 736 |  |  | $ | 192 |
Buildings (2) |  |  | 22 |  |  |  | 10 |
Core deposit intangible (3) |  |  | 883 |  |  |  | 9 |
Subordinated Debt (4) |  |  | (471 | ) |  |  | — |
Time deposits (5) |  |  | 606 |  |  |  | — |
Net impact to income before taxes |  | $ | 1,776 |  |  | $ | 211 |
Touchstone Bankshares, Inc [Member] |
Notes Tables |
Schedule of Finite-Lived Intangible Assets [Table Text Block] |
|  | For the Three Months Ended June 30, |
|  | 2025 |  |  | 2024 |
Beginning of period, March 31 |  | $ | 14,543 |  |  | $ | 113 |
Core deposit intangible acquired |  |  | — |  |  |  | — |
Amortization |  |  | (441 | ) |  |  | (5 | )
Total core deposit intangible |  | $ | 14,102 |  |  | $ | 108 |
|  | For the Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |
Beginning of period, December 31 |  | $ | 14,985 |  |  | $ | 117 |
Core deposit intangible acquired |  |  | — |  |  |  | — |
Amortization |  |  | (883 | ) |  |  | (9 | )
Total core deposit intangible |  | $ | 14,102 |  |  | $ | 108 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] |
|  | Estimated Amortization |
Remaining six months ending December 31, 2025 |  | $ | 884 |
2026 |  |  | 1,736 |
2027 |  |  | 1,697 |
2028 |  |  | 1,651 |
2029 |  |  | 1,596 |
Thereafter |  |  | 6,538 |
Total |  | $ | 14,102 |

X
- Definition Tabular disclosure of net effect of amortization and accretion adjustment associated with business combination. + References No definition available. + Details
Name: | fxnc_ScheduleOfNetEffectOfAmortizationAndAccretionAdjustmentAssociatedWithBusinessCombinationTableTextBlock
Namespace Prefix: | fxnc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
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

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=fxnc_TouchstoneBanksharesIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |