Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Interest and Dividend Income
Interest and fees on loans	$ 21,430	$ 14,479	$ 63,661	$ 41,967
Interest on deposits in banks	1,733	1,538	5,295	4,405
Interest on federal funds sold	1	0	40	0
Interest and dividends on securities:
Taxable interest	1,562	1,091	4,189	3,449
Tax-exempt interest	296	303	894	914
Dividends	65	33	194	98
Total interest and dividend income	25,087	17,444	74,273	50,833
Interest Expense
Interest on deposits	6,246	4,958	18,363	14,549
Interest on subordinated debt	479	69	1,414	207
Interest on junior subordinated debt	67	68	199	202
Interest on other borrowings	0	600	3	1,782
Total interest expense	6,792	5,695	19,979	16,740
Net interest income	18,295	11,749	54,294	34,093
Provision for credit losses	193	1,700	1,936	3,100
Net interest income after provision for credit losses	18,102	10,049	52,358	30,993
Noninterest Income
Noninterest income	4,108	2,653	10,811	7,330
Income from bank owned life insurance	284	191	761	491
Net gains on redemption of subordinated debt	0	39	80	39
Net gains on sale of mortgage loans held for sale	5	0	5	0
Preliminary bargain purchase gain	304	0	304	0
Other operating income	103	44	343	1,427
Total noninterest income	4,500	3,203	12,000	9,936
Noninterest Expense
Salaries and employee benefits	8,487	5,927	25,209	17,637
Occupancy	1,025	585	3,038	1,668
Equipment	1,056	726	3,138	2,008
Marketing	324	262	830	730
Supplies	158	123	573	354
Legal and professional fees	660	596	1,775	2,172
ATM and check card expense	569	394	1,545	1,123
FDIC assessment	305	195	1,034	575
Bank franchise tax	350	262	1,015	785
Data processing expense	495	290	1,761	699
Core deposit intangible amortization expense	442	4	1,325	13
Other real estate owned, net	0	10	(7)	10
Net (gains) losses on disposal of premises and equipment	(23)	2	(16)	51
Merger expense	0	219	2,032	790
Other operating expense	1,934	864	6,056	2,390
Total noninterest expense	15,782	10,459	49,308	31,005
Income before income taxes	6,820	2,793	15,050	9,924
Income tax expense	1,270	545	2,851	2,025
Net income	$ 5,550	$ 2,248	$ 12,199	$ 7,899
Earnings per common share
Basic (in dollars per share)	$ 0.62	$ 0.36	$ 1.36	$ 1.26
Diluted (in dollars per share)	$ 0.62	$ 0.36	$ 1.35	$ 1.26
Deposit Account [Member]
Noninterest Income
Noninterest income	$ 985	$ 675	$ 3,018	$ 1,941
Credit and Debit Card [Member]
Noninterest Income
Noninterest income	1,336	934	3,460	2,513
Asset Management [Member]
Noninterest Income
Noninterest income	910	952	2,675	2,714
Financial Service, Other [Member]
Noninterest Income
Noninterest income	407	276	895	649
Mortgage Banking [Member]
Noninterest Income
Noninterest income	$ 166	$ 92	$ 459	$ 162

FIRST NATIONAL CORP /VA/ 10-Q