First National Bank

Altavista, VA
IDRSSD: 979629
Total Assets
$1.03B
Latest filing
Total Deposits
$938.06M
Latest filing
Net Interest Margin
4.23%
Profitability

Locations

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Main Office
First National Bank
622 Broad St
Altavista, VA 24517
Full Service - Brick and Mortar
Updated 11/14/2025Established 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 Updated11/14/2025
CERT6811
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.03B
Total Deposits$938.06M
Total Liabilities$943.52M
Total Equity Capital$85.39M
Net Income$3.13M
Net Loans and Leases$724.17M
Assets Per Employee ($Millions)$5.36M
Bank Premises and Fixed Assets$22.95M
Cash and Balances due from Depository Institutions$105.55M
Deposits Held in Domestic Offices$938.06M

Key Performance Ratios

Return on Assets (ROA)1.21%
Return on Equity (ROE)14.1%
Net Interest Margin4.23%
Efficiency Ratio68.07%
Tier 1 Risk-Based Capital Ratio12.193%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.299%
Earning Assets to total Assets93.6%

Income and Expense

Total Interest Income$13.00M
Total Noninterest Income$2.04M
Total Interest Expense$2.78M
Total Noninterest Expense$8.39M
Net Interest Income$10.23M
Pre-tax Net Operating Income$3.85M
Provision for Credit Losses$30.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
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$5.46M
Total Liabilities and Capital$1.03B

Securities

Securities$145.36M
Available-for-sale debt securities$145.36M
Equity securities with readily determinable fair values not held for trading$0
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?
$1.03B as of the latest filing.
How much are First National Bank's total deposits?
$938.06M 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)?
1.21%.
How much are total loans and leases?
$724.17M (latest filing).
What is the total interest income (latest filing)?
$13.00M.