First National Corporation is a Virginia-based bank holding company that owns First Bank, a commercial bank serving small and medium-sized businesses, individuals, estates, and non-profit organizations across the Shenandoah Valley, Roanoke Valley, south-central Virginia, and northern North Carolina through a network of branch offices and digital channels. The bank generates revenue primarily from net interest income on its loan and deposit portfolios, which include consumer loans, residential mortgages, commercial lending, checking and savings accounts, and deposit services, supplemented by fees from wealth management services such as investment management and trustee services, as well as service charges and ATM fees. First National competes in a competitive regional market against national and community banks, credit unions, and fintech lenders, differentiated by long-standing customer relationships, service reputation, and community engagement.