AGREEMENT AND PLAN OF MERGER By And Between FIRST NATIONAL CORPORATION, FIRST BANK and THE BANK OF FINCASTLE Dated as of February 18, 2021Merger Agreement • February 18th, 2021 • First National Corp /Va/ • State commercial banks • Virginia
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) dated as of February 18, 2021, is by and between First National Corporation, a Virginia corporation (“Parent”), First Bank, a Virginia state-chartered member bank and wholly-owned subsidiary of Parent (“First Bank”), and The Bank of Fincastle, a Virginia state-chartered commercial bank (“BFTL”). Except as otherwise set forth herein, capitalized and certain other terms used herein shall have the meanings set forth in Section 10.1 of this Agreement.
