First National (NASDAQ:FXNC) reported quarterly earnings of $0.35 per share which missed the analyst consensus estimate of $0.54 by 35.19 percent. This is a 31.37 percent decrease over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $21.06 million which missed the analyst consensus estimate of $22.00 million by 4.26 percent. This is a 41.38 percent increase over sales of $14.90 million the same period last year.