)

First National (FXNC) investor relations material
First National Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Net income rose to $5.1 million ($0.56 per diluted share) for Q2 2025, up from $2.4 million ($0.39 per share) year-over-year, driven by higher net interest income and the Touchstone merger.
Achieved record Q2 2025 earnings of $5.05M, with adjusted earnings of $5.1M, driven by net interest margin expansion and improved efficiency post-Touchstone acquisition.
Earnings per share rose 211% sequentially and 44% year-over-year; return on average assets reached 1.00% and return on average equity 11.85%.
The Touchstone Bankshares acquisition expanded the branch network and contributed to growth in assets, loans, and deposits.
Merger-related costs totaled $2.0 million for the six months ended June 30, 2025.
Financial highlights
Net income for the six months ended June 30, 2025 was $6.6 million ($0.74 per diluted share), up from $5.7 million ($0.90 per share) year-over-year.
Net interest income for Q2 2025 was $18.5M, up $1.0M from Q1 2025, with earning asset yields rising to 5.35%.
Noninterest income increased 7.7% sequentially to $3.9M, mainly from ATM, check card, and mortgage fees.
Noninterest expenses increased by $4.5 million in Q2 and $13.0 million for the six months, mainly from higher salaries, operating costs, and merger expenses.
Net loans held for investment were $1.428B, up 46.1% year-over-year; total deposits were $1.803B, up 42.5% year-over-year.
Outlook and guidance
Management expects continued benefits from the Touchstone merger, including revenue synergies and cost savings, though integration costs and market conditions may impact results.
The company remains focused on maintaining strong capital and liquidity positions to support growth and absorb potential losses.
Management expects continued benefits from the Touchstone acquisition, focusing on disciplined deposit pricing and efficiency.
Forward-looking statements caution on risks and uncertainties, referencing recent SEC filings for detailed risk factors.
Next First National earnings date

Next First National earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage