First National Corp., the holding company for...

First National Corp., the holding company for First National Bank, has filed a registration statement with the Securities and Exchange Commission for an 850,000-share common stock offering.

Based on an anticipated sale price of $10.50 to $12 per share, the offering could raise $8.9 million to $10.2 million. The company hopes to use the proceeds to pay for acquisitions and to possibly expand its mortgage banking operations.