First National (NASDAQ: FXNC) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.36 by 8.33 percent. This is a 22 percent decrease over earnings of $0.50 per share from the same period last year. The company reported quarterly sales of $14.95 million which beat the analyst consensus estimate of $14.80 million by 1.03 percent. This is a 8.85 percent increase over sales of $13.74 million the same period last year.