First National (FXNC)

Overall impact
B (62)

Commentary

First National is a strong overall performer. With a 'B' rating of 61.6 for overall impact (66th percentile compared to all companies), First National ranks 31st out of 81 industry peers, behind Fidelity Southern, First United, First US Bancshares and 27 others, and ahead of American National Bankshares, Atlantic Capital Bancshares, Ameris Bancorp and 47 others. On top material causes for First National's industry (Banking), First National performs well in Free, Secure Flow of Information (89.2 score), Reduced Availability of Weapons (81.3) and Accountable Institutions (82.9) and performs poorly in Disaster Readiness and Effective Aid (26.5 score) and Reduced Green House Gas Emissions (22.8).
Impact
Cause FXNC
Peer rank
Overall impact

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Impact trend

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Company
Founded
1907
Employees
308
Sector
Financials
Industry
Banks
Sub-industry
Regional Banks
SASB industry
Commercial Banks
Headquarters
Va, United States
Share classes
FXNC
Description
First National Corporation operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company's deposit products include checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions. Its loan products also comprise construction loans, including residential, land acquisition, and development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by commercial real estate, such as multi-family residential buildings, industrial and warehouse buildings, hotels, and religious facilities. In addition, the company's loan products include commercial and industrial loans; home equity loans; consumer loans, such as lines of credit, automobile loans, and unsecured loans. Further, it provides wealth management services comprising estate planning, investment management of assets, trustee under an agreement, trustee under a will, and estate settlement. Additionally, the company offers title insurance and investment services; and holds other real estate owned and office sites, as well as provides internet and mobile banking, remote deposit capture, and other traditional banking services. First National Corporation was founded in 1907 and is headquartered in Strasburg, Virginia.
Material causes
Ethos considers the following causes material for First National, based on its industry sub-industry Regional Banks. Learn more about material causes in our methodology overview.

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