First National Corp
NASDAQ:FXNC
Cash Flow Statement
Cash Flow Statement
First National Corp
| Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income |
4
|
4
|
5
|
5
|
5
|
6
|
6
|
6
|
6
|
6
|
5
|
6
|
6
|
6
|
6
|
6
|
4
|
3
|
2
|
1
|
2
|
3
|
4
|
4
|
(4)
|
(4)
|
(5)
|
(9)
|
(11)
|
(11)
|
(10)
|
(6)
|
3
|
3
|
3
|
3
|
10
|
10
|
11
|
11
|
8
|
7
|
6
|
5
|
3
|
3
|
4
|
5
|
6
|
6
|
7
|
7
|
6
|
8
|
8
|
9
|
10
|
10
|
9
|
9
|
10
|
9
|
9
|
8
|
9
|
10
|
11
|
11
|
10
|
12
|
12
|
14
|
17
|
17
|
17
|
15
|
10
|
9
|
8
|
7
|
7
|
5
|
8
|
11
|
|
| Depreciation & Amortization |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
4
|
4
|
|
| Change in Deffered Taxes |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
2
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
1
|
1
|
1
|
2
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(2)
|
(2)
|
(1)
|
(2)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Stock-Based Compensation |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Other Non-Cash Items |
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
1
|
1
|
4
|
1
|
1
|
1
|
15
|
3
|
3
|
4
|
14
|
2
|
3
|
2
|
6
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
1
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(3)
|
(4)
|
(4)
|
|
| Cash Taxes Paid |
1
|
0
|
2
|
3
|
3
|
0
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
2
|
1
|
1
|
1
|
2
|
3
|
3
|
4
|
2
|
1
|
1
|
0
|
0
|
0
|
1
|
1
|
0
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
3
|
2
|
2
|
1
|
0
|
2
|
2
|
2
|
0
|
2
|
3
|
3
|
0
|
3
|
2
|
2
|
0
|
2
|
3
|
3
|
0
|
4
|
4
|
3
|
0
|
3
|
3
|
2
|
2
|
2
|
2
|
|
| Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
3
|
3
|
2
|
2
|
2
|
2
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
4
|
4
|
4
|
5
|
5
|
5
|
5
|
4
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
3
|
4
|
6
|
8
|
11
|
9
|
13
|
15
|
11
|
23
|
25
|
26
|
33
|
|
| Change in Working Capital |
(1)
|
1
|
0
|
(0)
|
(0)
|
1
|
0
|
0
|
(1)
|
(1)
|
(0)
|
1
|
1
|
1
|
1
|
0
|
(0)
|
2
|
3
|
3
|
(1)
|
1
|
1
|
(0)
|
(1)
|
11
|
15
|
19
|
(1)
|
11
|
9
|
9
|
3
|
8
|
8
|
4
|
1
|
(1)
|
(4)
|
(2)
|
(4)
|
(3)
|
(3)
|
(4)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
1
|
1
|
(1)
|
(4)
|
(3)
|
(3)
|
(2)
|
1
|
1
|
1
|
(1)
|
0
|
1
|
1
|
5
|
5
|
6
|
(2)
|
7
|
(3)
|
(1)
|
9
|
(3)
|
9
|
4
|
4
|
4
|
5
|
6
|
8
|
11
|
(28)
|
(28)
|
(29)
|
(31)
|
|
| Cash from Operating Activities |
5
N/A
|
7
+22%
|
6
-11%
|
6
+7%
|
7
+9%
|
8
+14%
|
7
-8%
|
7
-7%
|
6
-6%
|
6
0%
|
7
+6%
|
8
+17%
|
8
-2%
|
7
-3%
|
8
+3%
|
7
-9%
|
7
-2%
|
5
-21%
|
6
+6%
|
6
+7%
|
4
-30%
|
5
+17%
|
5
-10%
|
4
-21%
|
7
+105%
|
8
+10%
|
10
+25%
|
11
+8%
|
10
-4%
|
10
-6%
|
10
0%
|
12
+21%
|
12
+3%
|
14
+17%
|
13
-9%
|
11
-17%
|
9
-20%
|
6
-29%
|
5
-15%
|
6
+15%
|
7
+16%
|
7
+5%
|
6
-19%
|
5
-11%
|
5
-13%
|
5
+12%
|
6
+15%
|
7
+25%
|
9
+21%
|
10
+10%
|
10
+2%
|
8
-17%
|
7
-22%
|
8
+24%
|
9
+12%
|
11
+24%
|
14
+21%
|
12
-9%
|
12
-2%
|
10
-15%
|
12
+14%
|
12
+2%
|
12
-3%
|
14
+20%
|
15
+7%
|
17
+11%
|
10
-38%
|
18
+77%
|
8
-57%
|
11
+45%
|
21
+81%
|
12
-40%
|
27
+116%
|
23
-15%
|
22
-1%
|
21
-5%
|
16
-23%
|
17
+1%
|
17
+2%
|
19
+13%
|
(22)
N/A
|
(23)
-5%
|
(22)
+5%
|
(20)
+12%
|
|
| Investing Cash Flow | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Expenditures |
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
| Other Items |
(68)
|
(59)
|
(72)
|
(59)
|
(64)
|
(64)
|
(55)
|
(62)
|
(47)
|
(30)
|
(19)
|
(4)
|
(10)
|
(6)
|
(10)
|
(19)
|
(7)
|
(22)
|
(11)
|
(8)
|
1
|
10
|
9
|
16
|
(3)
|
(13)
|
(9)
|
(9)
|
0
|
18
|
14
|
6
|
(2)
|
(7)
|
(28)
|
(12)
|
9
|
(2)
|
9
|
(4)
|
1
|
(18)
|
112
|
88
|
27
|
47
|
(76)
|
(43)
|
(24)
|
(24)
|
(28)
|
(46)
|
(25)
|
(21)
|
(41)
|
(33)
|
(28)
|
(33)
|
(31)
|
(17)
|
(28)
|
(34)
|
(76)
|
(75)
|
(70)
|
(86)
|
(63)
|
(160)
|
(125)
|
(169)
|
(161)
|
(96)
|
(119)
|
(39)
|
(16)
|
(11)
|
(32)
|
(17)
|
(21)
|
(5)
|
140
|
137
|
132
|
141
|
|
| Cash from Investing Activities |
(70)
N/A
|
(61)
+14%
|
(75)
-23%
|
(62)
+17%
|
(66)
-8%
|
(68)
-2%
|
(60)
+12%
|
(67)
-12%
|
(51)
+23%
|
(34)
+34%
|
(22)
+34%
|
(7)
+70%
|
(14)
-105%
|
(10)
+28%
|
(14)
-43%
|
(23)
-65%
|
(11)
+54%
|
(24)
-128%
|
(13)
+48%
|
(9)
+27%
|
(0)
+97%
|
9
N/A
|
8
-11%
|
15
+91%
|
(4)
N/A
|
(14)
-281%
|
(10)
+30%
|
(9)
+5%
|
(0)
+97%
|
17
N/A
|
13
-23%
|
5
-63%
|
(2)
N/A
|
(8)
-253%
|
(28)
-247%
|
(13)
+55%
|
9
N/A
|
(3)
N/A
|
9
N/A
|
(5)
N/A
|
0
N/A
|
(19)
N/A
|
111
N/A
|
86
-22%
|
25
-71%
|
45
+80%
|
(77)
N/A
|
(44)
+43%
|
(25)
+43%
|
(25)
+3%
|
(29)
-18%
|
(47)
-60%
|
(27)
+43%
|
(22)
+17%
|
(43)
-92%
|
(34)
+21%
|
(30)
+11%
|
(34)
-15%
|
(32)
+6%
|
(18)
+43%
|
(29)
-56%
|
(34)
-18%
|
(77)
-124%
|
(76)
+1%
|
(70)
+7%
|
(87)
-23%
|
(64)
+27%
|
(161)
-153%
|
(126)
+22%
|
(170)
-35%
|
(162)
+5%
|
(97)
+40%
|
(120)
-24%
|
(40)
+67%
|
(17)
+58%
|
(12)
+30%
|
(34)
-188%
|
(20)
+43%
|
(23)
-18%
|
(8)
+67%
|
137
N/A
|
134
-2%
|
128
-4%
|
136
+6%
|
|
| Financing Cash Flow | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Issuance of Common Stock |
0
|
5
|
5
|
5
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
14
|
14
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
8
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
|
| Net Issuance of Debt |
9
|
1
|
20
|
2
|
5
|
20
|
10
|
4
|
(4)
|
(25)
|
(25)
|
(10)
|
(5)
|
(0)
|
16
|
(0)
|
2
|
(23)
|
(39)
|
(8)
|
(25)
|
(0)
|
(0)
|
(15)
|
(0)
|
(0)
|
(2)
|
5
|
(1)
|
(6)
|
(4)
|
(19)
|
(13)
|
(8)
|
(8)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(6)
|
9
|
(6)
|
(6)
|
5
|
(10)
|
17
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
5
|
5
|
5
|
0
|
0
|
0
|
0
|
(5)
|
(5)
|
(5)
|
(5)
|
0
|
0
|
0
|
50
|
0
|
0
|
0
|
(50)
|
0
|
(25)
|
(50)
|
|
| Cash Paid for Dividends |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
|
| Other |
54
|
48
|
45
|
55
|
59
|
46
|
49
|
56
|
53
|
47
|
34
|
12
|
14
|
5
|
(9)
|
12
|
1
|
28
|
31
|
(4)
|
14
|
(12)
|
(6)
|
3
|
(0)
|
22
|
21
|
5
|
6
|
(13)
|
(18)
|
(1)
|
(2)
|
5
|
17
|
14
|
(16)
|
(8)
|
(25)
|
(27)
|
(6)
|
(21)
|
(17)
|
(17)
|
(4)
|
6
|
10
|
27
|
19
|
22
|
32
|
16
|
20
|
38
|
25
|
11
|
6
|
(9)
|
3
|
19
|
36
|
36
|
149
|
153
|
136
|
195
|
75
|
138
|
170
|
140
|
145
|
54
|
(7)
|
(51)
|
(54)
|
(31)
|
(8)
|
17
|
23
|
19
|
15
|
12
|
(17)
|
2
|
|
| Cash from Financing Activities |
62
N/A
|
53
-14%
|
69
+31%
|
61
-13%
|
62
+3%
|
65
+4%
|
58
-11%
|
58
+1%
|
47
-20%
|
26
-45%
|
12
-52%
|
4
-65%
|
7
+55%
|
4
-47%
|
5
+39%
|
11
+112%
|
1
-86%
|
17
+1 042%
|
4
-77%
|
(0)
N/A
|
1
N/A
|
(14)
N/A
|
(8)
+41%
|
(14)
-67%
|
(3)
+81%
|
19
N/A
|
17
-12%
|
8
-52%
|
3
-59%
|
(20)
N/A
|
(15)
+26%
|
(13)
+12%
|
(8)
+36%
|
4
N/A
|
8
+102%
|
14
+59%
|
(17)
N/A
|
(9)
+47%
|
(26)
-183%
|
(28)
-10%
|
(14)
+51%
|
(14)
+1%
|
(25)
-83%
|
(25)
-1%
|
(15)
+39%
|
(20)
-33%
|
11
N/A
|
17
+55%
|
18
+7%
|
21
+17%
|
19
-10%
|
15
-21%
|
19
+26%
|
37
+98%
|
24
-36%
|
10
-58%
|
5
-53%
|
(5)
N/A
|
2
N/A
|
17
+739%
|
34
+101%
|
28
-19%
|
150
+446%
|
154
+2%
|
137
-11%
|
198
+45%
|
73
-63%
|
135
+85%
|
167
+24%
|
132
-21%
|
137
+4%
|
45
-67%
|
(16)
N/A
|
(55)
-248%
|
(58)
-5%
|
(35)
+39%
|
38
N/A
|
63
+65%
|
70
+10%
|
65
-7%
|
(39)
N/A
|
(43)
-10%
|
(47)
-10%
|
(54)
-15%
|
|
| Change in Cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Change in Cash |
(3)
N/A
|
(1)
+64%
|
1
N/A
|
5
+840%
|
3
-48%
|
4
+64%
|
5
+19%
|
(2)
N/A
|
2
N/A
|
(2)
N/A
|
(3)
-63%
|
5
N/A
|
1
-86%
|
1
+55%
|
(1)
N/A
|
(6)
-290%
|
(2)
+57%
|
(2)
+2%
|
(3)
-26%
|
(3)
-2%
|
4
N/A
|
(0)
N/A
|
4
N/A
|
5
+18%
|
1
-79%
|
14
+1 248%
|
17
+27%
|
10
-43%
|
14
+36%
|
7
-50%
|
8
+18%
|
3
-57%
|
2
-57%
|
11
+600%
|
(6)
N/A
|
12
N/A
|
0
-96%
|
(5)
N/A
|
(12)
-118%
|
(27)
-129%
|
(7)
+75%
|
(25)
-275%
|
92
N/A
|
66
-28%
|
14
-78%
|
30
+108%
|
(60)
N/A
|
(20)
+67%
|
2
N/A
|
7
+270%
|
(0)
N/A
|
(23)
-232 100%
|
(1)
+95%
|
23
N/A
|
(9)
N/A
|
(12)
-29%
|
(11)
+7%
|
(27)
-134%
|
(18)
+31%
|
9
N/A
|
17
+92%
|
5
-69%
|
85
+1 478%
|
92
+8%
|
82
-11%
|
128
+57%
|
20
-84%
|
(8)
N/A
|
49
N/A
|
(26)
N/A
|
(4)
+86%
|
(39)
-914%
|
(109)
-181%
|
(72)
+34%
|
(52)
+27%
|
(26)
+51%
|
20
N/A
|
60
+197%
|
63
+5%
|
76
+20%
|
76
-1%
|
68
-10%
|
59
-14%
|
63
+7%
|
|