First National (FXNC) Loans - Loss Allowance (2010 - 2026)
First National's (FXNC) quarterly Loans - Loss Allowance came in at $14.9 million in Q2 2026, down 1.6% on a YoY basis from $15.2 million in Q2 2025, and up 1.67% quarter-over-quarter from $14.7 million in Q1 2026.
Analysis
First National (FXNC) Loans - Loss Allowance (2010 - 2026) Analysis & Trends
First National (FXNC) has reported Loans - Loss Allowance for 15 consecutive years, with $14.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Loans - Loss Allowance fell 1.6% year-over-year to $14.9 million; the trailing twelve-month figure through Jun 2026 stood at $14.9 million (down 1.6% YoY), and the FY2025 full-year result was $14.7 million, down 10.25% from the prior year.
- Loans - Loss Allowance advanced to $14.9 million in Q2 2026 per FXNC's latest filing, from $14.7 million in the prior quarter.
- Across five years, Loans - Loss Allowance topped out at $16.4 million in Q4 2024 and bottomed at $5.8 million in Q1 2022.
- Historically, Loans - Loss Allowance has averaged $11.5 million across 5 years, with a median of $12.6 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Loans - Loss Allowance declined 22.15% in 2022, then soared 60.81% in 2023.
- Over 5 years, Loans - Loss Allowance stood at $7.4 million in 2022, then jumped by 60.81% to $12.0 million in 2023, then surged by 36.96% to $16.4 million in 2024, then slipped by 10.25% to $14.7 million in 2025, then grew by 1.52% to $14.9 million in 2026.
- According to Business Quant data, Loans - Loss Allowance over the past three periods registered $14.9 million, $14.7 million, and $14.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 4.98 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 2.92 Bn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 2.18 Bn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 3.25 Bn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 1.97 Bn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 1.49 Bn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 1.48 Bn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 1.45 Bn |
| 10 | First National | 279.01 Mn | 112.87 Mn | 1.60 Mn | 14.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.94 Mn |
| Mar 31, 2026 | 14.70 Mn |
| Dec 31, 2025 | 14.72 Mn |
| Sep 30, 2025 | 14.45 Mn |
| Jun 30, 2025 | 15.19 Mn |
| Mar 31, 2025 | 14.74 Mn |
| Dec 31, 2024 | 16.40 Mn |
| Sep 30, 2024 | 12.70 Mn |
| Jun 30, 2024 | 12.55 Mn |
| Mar 31, 2024 | 12.60 Mn |
| Dec 31, 2023 | 11.97 Mn |
| Sep 30, 2023 | 8.90 Mn |
| Jun 30, 2023 | 8.86 Mn |
| Mar 31, 2023 | 8.72 Mn |
| Dec 31, 2022 | 7.45 Mn |
| Sep 30, 2022 | 6.29 Mn |
| Jun 30, 2022 | 6.20 Mn |
| Mar 31, 2022 | 5.83 Mn |
| Dec 31, 2021 | 5.71 Mn |
| Sep 30, 2021 | 5.43 Mn |