Close the acquisition of The Bank of Fincastle
Delivered by the deadline
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 18 Feb 2021
- Due
- 30 Sep 2021
- Delivered
- 1 Jul 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in the third quarter of 2021, subject to approval of both companies' shareholders, regulatory approvals and other customary closing conditions.”
What we found
Evidence strength A What the grades mean
The 10-K filed 2022-03-30 and a later 10-Q state the Fincastle acquisition was completed on July 1, 2021, before the September 30, 2021 deadline.
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A First National Corp. 8-K filed 2021-10-29
“Completed the acquisition of The Bank of Fincastle” ✓ confirmed on the page
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A First National Corp. 10-K filed 2022-03-30
“On July 1, 2021, the Company completed the acquisition of The Bank of Fincastle for an aggregate purchase price of $33.8 million of cash and stock.” ✓ confirmed on the page
Checked 26 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Acquisition of The Bank of Fincastle
- Where
- Virginia
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Low
- Specificity
- Medium
- Conditional
- Yes: subject to approval of both companies' shareholders; subject to regulatory approvals; subject to other customary closing conditions
- Depends on
- Shareholder, Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2021-FXNC-024097 · Corrections policy