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Friday, February 10, 2012

First National Corporation Announces Financial Results

STRASBURG, Va., Feb. 10, 2012 /PRNewswire/ -- First National Corporation (the "Company") (OTCBB: FXNC), the parent company of First Bank (the "Bank"), reported financial results for the quarter and year ending December 31, 2011.  The core banking operation continued strong performance during the quarter.  However, financial results were impacted by a one-time, non-cash charge to income tax expense, provisions for loan losses and charges related to other real estate owned (OREO).  As a r...continued
     

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