First National Corp Tangible Net Worth Ratio
First National Corp tangible net worth ratio. First National Corp (FXNC) has a Tangible Net Worth Ratio of 93.2% as of March 2026. This metric is calculated by deducting intangible assets ($12.79 Million) from net assets ($188.56 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check strategic asset allocation of First National Corp to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of First National Corp (1995–2025)
Tangible net worth ratio of First National Corp from 1995 to 2025. This chart shows how First National Corp's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 93.2%, reflecting net assets of $188.56 Million with intangible assets of $12.79 Million USD. See FXNC net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
First National Corp Tangible Net Worth Ratio by Year (1995–2025)
First National Corp tangible net worth ratio by year from 1995 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for First National Corp from 1995 to 2025, covering 31 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see First National Corp (FXNC) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 92.9% | $186.20 Million | $13.22 Million | $2.04 Billion | ▲ +1.9 pp |
| 2024 | 91.0% | $166.53 Million | $14.99 Million | $2.01 Billion | ▼ -8.9 pp |
| 2023 | 99.9% | $116.27 Million | $117.00K | $1.42 Billion | ▲ +0.0 pp |
| 2022 | 99.9% | $108.36 Million | $136.00K | $1.37 Billion | ▲ +0.0 pp |
| 2021 | 99.9% | $117.04 Million | $154.00K | $1.39 Billion | ▼ -0.1 pp |
| 2020 | 100.0% | $84.92 Million | $19.00K | $950.93 Million | ▲ +0.2 pp |
| 2019 | 99.8% | $77.22 Million | $170.00K | $800.05 Million | ▲ +0.5 pp |
| 2018 | 99.3% | $66.67 Million | $472.00K | $752.97 Million | ▲ +0.9 pp |
| 2017 | 98.4% | $58.15 Million | $930.00K | $739.11 Million | ▲ +1.5 pp |
| 2016 | 96.9% | $50.75 Million | $1.55 Million | $716.72 Million | ▲ +2.0 pp |
| 2015 | 94.9% | $45.95 Million | $2.32 Million | $692.32 Million | ▼ -5.0 pp |
| 2014 | 99.9% | $59.56 Million | $55.00K | $518.16 Million | ▼ -0.1 pp |
| 2013 | 100.0% | $53.69 Million | $0.00 | $522.91 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $44.91 Million | $0.00 | $532.68 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $37.10 Million | $0.00 | $539.06 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $48.50 Million | $0.00 | $544.63 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $54.81 Million | $0.00 | $552.67 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $39.19 Million | $0.00 | $548.24 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $37.86 Million | $0.00 | $541.57 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $32.55 Million | $0.00 | $527.94 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $29.39 Million | $0.00 | $474.99 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $26.10 Million | $0.00 | $408.83 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $26.50 Million | $0.00 | $343.56 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $24.25 Million | $0.00 | $295.94 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $21.60 Million | $0.00 | $249.35 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $19.33 Million | $0.00 | $229.33 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $17.18 Million | $0.00 | $206.62 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $17.60 Million | $0.00 | $191.14 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $16.18 Million | $0.00 | $164.59 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $14.84 Million | $0.00 | $141.22 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $13.91 Million | $0.00 | $132.32 Million | — |