First National (FXNC) Non Operating Interest Expenses (2010 - 2024)

First National (FXNC) has reported Non Operating Interest Expenses for 15 consecutive years, with $5.5 million the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Non Operating Interest Expenses rose 133.16% year-over-year to $5.5 million; the trailing twelve-month figure through Mar 2024 stood at $17.4 million (up 206.14% YoY), and the FY2025 full-year result was $2.0 million, up 123.83% from the prior year.
• Non Operating Interest Expenses advanced to $5.5 million in Q1 2024 per FXNC's latest filing, from $4.5 million in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $5.5 million in Q1 2024 and bottomed at $476000.0 in Q1 2022.
• Historically, Non Operating Interest Expenses has averaged $1.7 million across 5 years, with a median of $834000.0 in 2020.
• The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses slumped 48.95% in 2021, then surged 544.99% in 2023.
• Over 5 years, Non Operating Interest Expenses stood at $638000.0 in 2020, then dropped by 9.4% to $578000.0 in 2021, then jumped by 199.31% to $1.7 million in 2022, then soared by 158.09% to $4.5 million in 2023, then gained by 22.82% to $5.5 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $5.5 million, $4.5 million, and $3.9 million for Q1 2024, Q4 2023, and Q3 2023 respectively.