On March 13, 2013, directors Dr. Byron A. Brill, W. Allen Nicholls and Henry L. Shirkey each informed the Board of Directors of First National Corp. and its wholly-owned banking subsidiary, First Bank, of their intention to retire as a director of the company and the Bank at the end of their current term and not stand for re-election at the upcoming annual meeting of shareholders on May 14, 2013.