First National Corp Net Asset Quality Index
First National Corp net asset quality index. First National Corp (FXNC) has a Net Asset Quality Index of 9.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.08 Billion minus total liabilities of $1.89 Billion yields net assets of $188.56 Million. A higher index indicates a stronger, lower-leverage balance sheet. See FXNC total equity for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of First National Corp (1995–2025)
Net asset quality index of First National Corp from 1995 to 2025. This chart shows how First National Corp's Net Asset Quality Index has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the index stands at 9.1%, representing net assets of $188.56 Million against total assets of $2.08 Billion USD. Check FXNC PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
First National Corp Net Asset Quality Index by Year (1995–2025)
First National Corp net asset quality index by year from 1995 to 2025. The table below presents the year-by-year Net Asset Quality Index for First National Corp from 1995 to 2025, covering 31 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see First National Corp (FXNC) market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 9.1% | $186.20 Million | $2.04 Billion | $1.85 Billion | ▲ +0.9 pp |
| 2024 | 8.3% | $166.53 Million | $2.01 Billion | $1.84 Billion | ▲ +0.1 pp |
| 2023 | 8.2% | $116.27 Million | $1.42 Billion | $1.30 Billion | ▲ +0.3 pp |
| 2022 | 7.9% | $108.36 Million | $1.37 Billion | $1.26 Billion | ▼ -0.5 pp |
| 2021 | 8.4% | $117.04 Million | $1.39 Billion | $1.27 Billion | ▼ -0.5 pp |
| 2020 | 8.9% | $84.92 Million | $950.93 Million | $866.02 Million | ▼ -0.7 pp |
| 2019 | 9.7% | $77.22 Million | $800.05 Million | $722.83 Million | ▲ +0.8 pp |
| 2018 | 8.9% | $66.67 Million | $752.97 Million | $686.29 Million | ▲ +1.0 pp |
| 2017 | 7.9% | $58.15 Million | $739.11 Million | $680.96 Million | ▲ +0.8 pp |
| 2016 | 7.1% | $50.75 Million | $716.72 Million | $665.97 Million | ▲ +0.4 pp |
| 2015 | 6.6% | $45.95 Million | $692.32 Million | $646.37 Million | ▼ -4.9 pp |
| 2014 | 11.5% | $59.56 Million | $518.16 Million | $458.60 Million | ▲ +1.2 pp |
| 2013 | 10.3% | $53.69 Million | $522.91 Million | $469.22 Million | ▲ +1.8 pp |
| 2012 | 8.4% | $44.91 Million | $532.68 Million | $487.77 Million | ▲ +1.5 pp |
| 2011 | 6.9% | $37.10 Million | $539.06 Million | $501.97 Million | ▼ -2.0 pp |
| 2010 | 8.9% | $48.50 Million | $544.63 Million | $496.13 Million | ▼ -1.0 pp |
| 2009 | 9.9% | $54.81 Million | $552.67 Million | $497.87 Million | ▲ +2.8 pp |
| 2008 | 7.1% | $39.19 Million | $548.24 Million | $509.05 Million | ▲ +0.2 pp |
| 2007 | 7.0% | $37.86 Million | $541.57 Million | $503.71 Million | ▲ +0.8 pp |
| 2006 | 6.2% | $32.55 Million | $527.94 Million | $495.39 Million | ▼ 0.0 pp |
| 2005 | 6.2% | $29.39 Million | $474.99 Million | $445.60 Million | ▼ -0.2 pp |
| 2004 | 6.4% | $26.10 Million | $408.83 Million | $382.72 Million | ▼ -1.3 pp |
| 2003 | 7.7% | $26.50 Million | $343.56 Million | $317.05 Million | ▼ -0.5 pp |
| 2002 | 8.2% | $24.25 Million | $295.94 Million | $271.68 Million | ▼ -0.5 pp |
| 2001 | 8.7% | $21.60 Million | $249.35 Million | $227.75 Million | ▲ +0.2 pp |
| 2000 | 8.4% | $19.33 Million | $229.33 Million | $210.00 Million | ▲ +0.1 pp |
| 1999 | 8.3% | $17.18 Million | $206.62 Million | $189.44 Million | ▼ -0.9 pp |
| 1998 | 9.2% | $17.60 Million | $191.14 Million | $173.53 Million | ▼ -0.6 pp |
| 1997 | 9.8% | $16.18 Million | $164.59 Million | $148.41 Million | ▼ -0.7 pp |
| 1996 | 10.5% | $14.84 Million | $141.22 Million | $126.39 Million | ▼ 0.0 pp |
| 1995 | 10.5% | $13.91 Million | $132.32 Million | $118.41 Million | — |