First National Bank

Altavista, VA
IDRSSD: 979629
Total Assets
$1.06B
Latest filing
Total Deposits
$971.33M
Latest filing
Net Interest Margin
4.23%
Profitability

Key People

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Locations

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Main Office
First National Bank
622 Broad St
Altavista, VA 24517
Full Service - Brick and Mortar
Updated 01/30/2026Established 03/01/1908FDIC Certificate 4582

Branches (19)

Page 1 of 3
NameAddressCity / State
First National Bank (Main)622 Broad StAltavista, VA
DANVILLE MAIN BRANCH336 Main StDanville, VA
VISTA BRANCH1303 Main StAltavista, VA
AIRPORT BRANCH14580 Wards RdLynchburg, VA
KINGS FAIRGROUND PLAZA BRANCH2600 Riverside DrDanville, VA
58 EAST AT AIRPORT BRANCH1312 S Boston RdDanville, VA
CHATHAM BRANCH55 N Main StChatham, VA
MOUNT HERMON BRANCH4080 Franklin TpkeDanville, VA
Showing 7 of 19

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, national (federal) charter, Fed member, and supervised by the OCC
Primary RegulatorOCC
Established Date03/01/1908
Community BankYes
Ownership TypeNot Mutual
ZIP24517
State and County Number51031
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number05
Numeric code3
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameLynchburg, VA

Operational Info

Number of Employees192
Domestic Offices20
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitehttp://www.1stnatbk.com
Data Updated01/30/2026
CERT6811
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.06B
Total Deposits$971.33M
Total Liabilities$975.70M
Total Equity Capital$87.14M
Net Income$2.88M
Net Loans and Leases$734.13M
Assets Per Employee ($Millions)$5.68M
Bank Premises and Fixed Assets$23.09M
Cash and Balances due from Depository Institutions$122.51M
Deposits Held in Domestic Offices$971.33M

Key Performance Ratios

Return on Assets (ROA)1.1%
Return on Equity (ROE)13.34%
Net Interest Margin4.23%
Efficiency Ratio69.16%
Tier 1 Risk-Based Capital Ratio12.464%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.06%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.199%
Earning Assets to total Assets93.75%

Income and Expense

Total Interest Income$13.13M
Total Noninterest Income$1.92M
Total Interest Expense$2.78M
Total Noninterest Expense$8.53M
Net Interest Income$10.35M
Pre-tax Net Operating Income$3.58M
Provision for Credit Losses$166.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.37M
Total Liabilities and Capital$1.06B

Securities

Securities$152.45M
Available-for-sale debt securities$152.45M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First National Bank?
$1.06B as of the latest filing.
How much are First National Bank's total deposits?
$971.33M in total deposits.
Where is First National Bank located?
Altavista, VA.
What is the Net Interest Margin?
4.23%.
How many domestic offices does it operate?
20.
When was it established?
03/01/1908.
What is the Return on Assets (ROA)?
1.1%.
How much are total loans and leases?
$734.13M (latest filing).
What is the total interest income (latest filing)?
$13.13M.