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First National Bank (VA)


Overview / Commentary
www.1stnatbk.com
434-369-3000
622 Broad Street
Altavista, VA 24517

First National Bank (VA) is headquartered in ALTAVISTA and is the 28th largest bank in the state of Virginia. It is also the 1,024th largest bank in the nation. It was established in 1908 and as of June of 2024, it had grown to 186 employees at 19 locations. First National Bank (VA) has a B+ health rating.

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Health
B+

Data as of Q2 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #6811
Year Established1908
Employees186
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.92%
Return on Equity - YTD11.79%
Annual Interest Income$22.9MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$996.1MM$1B
LoansQ2 2024vs Q2 2023$664.7MM$617.7MM
DepositsQ2 2024vs Q2 2023$910.3MM$926.7MM
Equity CapitalQ2 2024vs Q2 2023$80.6MM$69.9MM
Loan Loss AllowanceQ2 2024vs Q2 2023$4.6MM$4.4MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$1.3MM$1.4MM
Real Estate OwnedQ2 2024vs Q2 2023$0$42K
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