# FIRST DOMINION CAPITAL CORP X-17A-5 (2026-03-12) — Broker-dealer annual report - Company: FIRST DOMINION CAPITAL CORP - Form: X-17A-5 - Filed: 2026-03-12 - Period: 2025-12-31 - Accession: 0000764603-26-000003 - CIK: 764603 - File #: 8-33719 - Type: Broker-dealer - Material weakness: No - Auditor: Tait, Weller & Banker LLP - Auditor location: Philadelphia, PA - Contact: Christopher Anci - Phone: 917-743-4489 - Email: canci@1dcc.com - Website: 1dcc.com - Signed by: Christopher Anci (President) Original filing: https://www.sec.gov/Archives/edgar/data/764603/000076460326000003/fdccannualaudit_1.pdf --- {0}------------------------------------------------ ANNUAL AUDITED REPORT FORM X-17A-5 DECEMBER 31, 2025 {1}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | ANNUAL REPORTS | |----------------| | FORM X-17A-5 | | PART III | | OMB APPROVAL | | |--------------------------|--| | OMB Number: 3235-0123 | | | Expires: Nov. 30, 2026 | | | Estimated average burden | | | hours per response: 12 | | | | | | SEC FILE NUMBER | | |-----------------|--| | 8-33719 | | | | FACING PAGE | | | | | | |---------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------|-----------------|--------------------------------------------|--|--|--| | Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 | 01/01/2025 | | | | | | | FILING FOR THE PERIOD BEGINNING | MM/DD/YY | | AND ENDING 12/31/2025
MM/DD/YY | | | | | | A. REGISTRANT IDENTIFICATION | | | | | | | NAME OF FIRM: | First Dominion Capital Corp | | | | | | | TYPE OF REGISTRANT (check all applicable boxes):
Broker-dealer
Check here if respondent is also an OTC derivatives dealer | Security-based swap dealer | | Major security-based swap participant | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | | | | 8730 Stony Point Parkway, Suite 205 | | | | | | | | | (No. and Street) | | | | | | | Richmond | VA | | 23235 | | | | | (City) | (State) | | (Zip Code) | | | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | | 917-743-4489
Christopher Anci
canci@1dcc.com | | | | | | | | (Name) | (Area Code - Telephone Number) | (Email Address) | | | | | | | B. ACCOUNTANT IDENTIFICATION | | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing
Tait, Weller & Baker LLP | | | | | | | | | (Name -if individual, state last, first, and middle name) | | | | | | | 50 S 16th Street, Suite 2900 | Philadelphia | PA | 19102-2529 | | | | | (Address)
10/16/2003 | (City) | (State)
445 | (Zip Code) | | | | | (Date of Registration with PCAOB)(if applicable) | | | (PCAOB Registration Number, if applicable) | | | | | | FOR OFFICIAL USE ONLY | | | | | | \* Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-5(e)(1)(ii), if applicable. Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. {2}------------------------------------------------ ### OATH OR AFFIRMATION | I. Christopher Anci | _, swear (or affirm) that, to the best of my knowledge and belief, the | | |---------------------|------------------------------------------------------------------------|--| | | | | financial report pertaining to the firm of First Dominion Capital Corp. as of December 31 2025 is true and correct. I further swear (or affirm) that neither the company nor any partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of acustomer. Signature: 1A Title: President ## This filing\*\* contains (check all applicable boxes): - (a) Statement of financial condition. - Π (b) Notes to consolidated statement of financial condition. - (c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X). - (d) Statement of cash flows. - Π (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - (f) Statement of changes in liabilities subordinated to claims of creditors. - (g) Notes to consolidated financial statements. - (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - (i) Computation of tangible net worth under 17 CFR 240.18a-2. - (j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable. - (1) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - (n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable. - (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist. - (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. - (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - Π (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (t) Independent public accountant's report based on an examination of the statement of financial condition. - (u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - Π (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, as applicable. - (y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k). - (z) Other: - \*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d)(2), applicable. as {3}------------------------------------------------ ![](_page_3_Picture_1.jpeg) ## REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Shareholders First Dominion Capital Corp. Richmond, Virginia #### Opinion on the Financial Statements We have audited the accompanying statement of financial condition of First Dominion Capital Corp. as of December 31, 2025, the related statements of income (loss), changes in ownership equity, and cash flows for the year then ended, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of First Dominion Capital Corp. as of December 31, 2025, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. #### Basis for Opinion These financial statements are the responsibility of First Dominion Capital Corp.'s management. Our responsibility is to express an opinion on First Dominion Capital Corp.'s financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to First Dominion Capital Corp. in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We have served as First Dominion Capital Corp.'s auditor since 1984. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion. ### Auditor's Report on Supplemental Information The supplemental information on pages 3, 4, 6, and 7 has been subjected to audit procedures performed in conjunction with the audit of First Dominion Capital Corp.'s financial statements. The supplemental information is the responsibility of First Dominion Capital Corp.'s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. \$240.17a-5. In our opinion, the supplemental information on pages 3, 4, 6, and 7 is fairly stated, in all material respects, in relation to the financial statements as a whole. Tart, Welle &AhyccP TAIT, WELLER & BAKER LLP Philadelphia, Pennsylvania February 28, 2026 {4}------------------------------------------------ | | | | | PARI IIA | | | | | |-----|----------------------------------------------------------------|-------------------------------------------------|--------|----------------------------------|-------------------------------------------------------------------|---------------|----------------|--------------| | | BROKER OR DEALER | FIRST DOMINION CAPITAL CORP | | | | 5
ﺍﻟﻤﺴﺎﻋﺪﺓ | | 100 | | | | | | CERTAIN OTHER BROKERS OR DEALERS | STATEMENT OF FINANCIAL CONDITION FOR NONCARRYING, NONCLEARING AND | | | | | | | | | | as of (MM/DD/YY) | 12/31/2025 | | ਰੇ ਰੇ | | | | | | | SEC FILE NO. | 8-33719 | | ਰੇ 8 | | | | | | | | | Consolidated | 198 | | | | | | | | | Unconsolidated | 1 39 | | | | | | | Non-Allowable | | Total | | | | | | | Allowable | | | | | | | | 1. Cash | | 200 | | | S
48,004 | 750 | | 2. | Receivables from brokers or dealers: | | | | | | | | | | A. Clearance account | | | 295
300 | 1,810
S | 250 | 1,810 | 810 | | | | B. Other | | રી રે | | 800 | | 830 | | | Securities and spot commodities | 3. Receivable from non-customers | | | | | | | | 4. | owned at market value: | | | | | | | | | | | A. Exempted securities | | 418 | | | | | | | | B. Debt securities | | 419 | | | | | | | | C. Options | | 420 | | | | | | | | D. Other securities | | 424
430 | | | | 850 | | | | E. Spot commodities | | | | | | | | 5. | Securities and/or other investments
not readily marketable: | | | | | | | | | | At cost \$
A. | 130 | | | | | | | | | | B. At estimated fair value | | 440 | | 610 | | 860 | | 6. | Securities borrowed under subordination | | | | | | | | | | agreements and partners' individual and capital | | | 460 | | 630 | | 880 | | | securities accounts, at market value:
A. Exempted | | | | | | | | | | securities \$ | 150 | | | | | | | | | B. Other | | | | | | | | | | securities \$ | 160 | | | | | | | | | | 7. Secured demand notes: | | 470 | | 640 | | 890 | | | Market value of collateral: | | | | | | | | | | A. Exempted
securities \$ | 170 | | | | | | | | | B. Other | | | | | | | | | | securities \$ | 180 | | | | | | | | 8. | Memberships in exchanges: | | | | | | | | | | A. Owned, at | | | | | | | | | | market \$ | 190 | | | | 620 | | | | | | B. Owned, at Cost | | | | | | | | | C. Contributed for use of the company, at | | | | | સ્વિત | | a00 | | | | market value | | | | | | | | | 9. Investment in and receivables from affiliates, | | | | | | | 910 | | | | subsidiaries and associated partnerships | | 480 | | 670 | | | | | 10. Property, furniture, equipment, leasehold | | | | | | | | | | | improvements and rights under lease agreements, | | | | | | | | | at cost-net of accumulated depreciation and | | | | | | | | | | amortization | | | 490 | | 680 | | 920 | | | | 11. Other assets | | 23 2 | 615 | 765 | ર્ભાર | ਰੇਡੀ | | 12. | | TOTAL ASSETS | 48,004 | 540 | 2,425 | 740 | 50,429 | 940 | | | | | | | | | | OMIT PENNIES | {5}------------------------------------------------ # BROKER OR DEALER FIRST DOMINION CAPITAL CORP as of 12/31/2025 ## STATEMENT OF FINANCIAL CONDITION FOR NONCARRYING, NONCLEARING AND CERTAIN OTHER BROKERS OR DEALERS ## LIABILITIES AND OWNERSHIP EQUITY | | | | A.I. | | Non-A.I. | | | |------------------------------------------------------|----|---|-------------|---|-------------|-----------|------| | Liabilities | | | Liabilities | | Liabilities | 1 of al | | | 13. Bank loans payable | રે | | 1045 | S | 1255 | | 1470 | | 14. Payable to brokers or dealers: | | | | | | | | | A. Clearance account | | | 1114 | | 1315 | | 1560 | | B. Other | | | 1115 | | 1305 | | 1540 | | 15. Payable to non-customers | | | 1155 | | 13 22 | | 1610 | | 16. Securities sold not yet purchased, | | | | | | | | | at market value | | | | | 1360 | | 1620 | | 17. Accounts payable, accrued liabilities, | | | | | | | | | expenses and other | | | 1205 | | 1385 | | 1685 | | 18. Notes and mortgages payable: | | | | | | | | | A. Unsecured | | | 1210 | | | | 1690 | | B. Secured | | | 1211 | | 1390 | | 1700 | | 19. E. Liabilities subordinated to claims | | | | | | | | | of general creditors: | | | | | | | | | A. Cash borrowings: | | | | | 1400 | | 1710 | | 970
1. from outsiders \$ | | | | | | | | | 2. includes equity subordination (15c3-1(d)) | | | | | | | | | 980
સ્ત્ર
of | | | | | | | | | B. Securities borrowings, at market value | | | | | 1410 | | 1720 | | ਰੂਰ ਹ
from outsiders
ಕ | | | | | | | | | C. Pursuant to secured demand note | | | | | | | | | collateral agreements | | | | | 1420 | | 1730 | | 1000
1. trom outsiders \$ | | | | | | | | | 2. includes equity subordination (15c3-1(d)) | | | | | | | | | 1010
સ્ત્ર
of | | | | | | | | | D. Exchange memberships contributed for | | | | | | | | | use of company, at market value | | | | | 1430 | | 1740 | | E. Accounts and other borrowings not | | | | | | | | | qualified for net capital purposes | | | 1220 | | 1440 | | 1750 | | TOTAL LIABILITIES
20. | ક | O | 1230 | | O
1450 | 0 | 1760 | | Ownership Equity | | | | | | | | | 21. Sole Proprietorship | | | | | | | 1780 | | 22. Partnership (limited partners) .35 | | | 1020 ) | | | | 1770 | | 23. Corporation: | | | | | | | | | A. Prefered stock | | | | | | | 1791 | | B. Common stock | | | | | | 25,684 | 1792 | | C. Additional paid-in capital | | | | | | 603,101 | 1793 | | D. Retained earnings | | | | | | (578,356) | 1794 | | E. Accumulated other comprehensive income | | | | | | | 1797 | | F. Total | | | | | | 50,429 | 1795 | | G.Less capital stock in treasury | | | | | | | 1796 | | TOTAL OWNERSHIP EQUITY | | | | | | 50,429 | 1800 | | 24.
TOTAL LIABILITIES AND OWNERSHIP EQUITY
25. | | | | | | 50,429 | 1810 | | | | | | | | | | OMIT PENNIES {6}------------------------------------------------ | BROKER OR DEALER FIRST DOMINION CAPITAL CORP | as of
12/31/2025 | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------| | COMPUTATION OF NET CAPITAL | | | 1. Total ownership equity from Statement of Financial Condition
2. Deduct ownership equity not allowable for Net Capital
3 - Total ownership equity qualified for Net Capital
Add:
ﮩ | 50,429
3480
3490
3500
50,429 | | A. Liabilities subordinated to claims of general creditors allowable in computation of net capital
B. Other (dedictions) or allowable credits (List)
5. Total capital and allowable subordinated flablities
Deductions and/or charges:
6.
A. Total non-allowable assets from | 3520
3525
50,429
3530 | | Statement of Financial Condition (Notes B and C)
B. Secured demand note delinquency
C. Commodity futures contracts and spot commodities -
proprietary capital charges
D. Other deductions and/or charges
7. Other additions and/or allowable credits (List)
8. Net capital before hairculs on securities positions | 3540
3590
3600
2,425
3620
36101
3630
3640
48,004 | | 9. Haircuts on securities (computed, where applicable, pursuant to 15c3-1(1)):
A. Contractual securities commitments
B. Subordinated securities borrowings
C. Trading and investment securities:
1 Exempled securities
2. Debt securities
3. Options
4. Other securities
D. Undee Concentration | 3660
3670
3735
3733
3730
3734
3650
3736
3740 | | E. Other (List)
10. Net Capital | 48,004
3750 | OMIT PENNIES The net capital reported in the Company's unaudited FOCUS report agrees with the audited net capital reported above. {7}------------------------------------------------ | RROKER OR DEALER | FIRST DOMINION CAPITAL CORP | as of
12/31/2025 | |------------------|-----------------------------|---------------------| | | | | #### COMPUTATION OF NET CAPITAL REQUIREMENT ## Part A | 1. Minimum net capital required (64,% of line 19) | | | |--------------------------------------------------------------------------------------------------------------|-------|------| | 12. Minimum dollar net capital requirement of reporting broker or dealer and minimum net capital requirement | | | | of subsidiaries computed in accordance with Note (A) | 5.000 | | | 13. Net capital requirement (greater of line 11 or 12) | | | | 14. Excess net capital (line 10 less 13) | | | | 15.Excess net capital at 1000% (line 10 less 10% of line 19) | | 3/80 | #### COMPUTATION OF AGGREGATE INDEBTEDNESS | 16. Total A.I. liabilities from Statement of Financial Condition | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|------| | 17. Add: | | | | 3800
Drafts for immediate credit | | | | Market value of securities borrowed for which no equivalent value | | | | 3810
is paid or credited | | | | C. Other unrecorded amounts (List)
SOLU | | | | 18. Total aggregate indebtedness | | | | 19. Percentage of aggregate indebtedness to net capital (line 18 ÷ by line 10) …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… | | | | 20. Percentage of debt to debt-equity total computed in accordance with Rule 15c3-1(d) | | 3860 | ## COMPUTATION OF ALTERNATE NET CAPITAL REQUIREMENT #### Part B | 21. 2% of combined aggregate debit items as shown in Formula for Reserve Requirements pursuant to Rule 15c3-3
prepared as of the date of the net capital computation both brokers or dealers and consolidated subsidiaries' debits | રત / 0 | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------| | 22. Minimum dollar net capital requirement of reporting broker or dealer and minimum net capital requirement of | | | subsidiaries computed in accordance with Note (A) | 3880 | | 23. Net capital requirement (greater of line 21 or 22) | 3760 | | 24. Excess capital (line 10 less 23) | 3910 | | 25. Net capital in excess of the greater of: | | | A. 5% of combined aggregate debit items of \$120,000 | 3850 | #### NOTES: (A) The minimum net capital requirement should by adding the minimum dollar net capital requirement of the reporting broler dealer and, for each subsidiary to be consolidated, the greater of: 1. Minimum dollar net capital requirement , or 2. 6%,% of aggregate indebtedness or 4% of aggregate debits if alternative method is used. (B) Do not deduct the value of securities borrowed under subordination agreements or secured by subordination agreements not in satisfactory form Bo her observation of membership in exchanges of company (contra to item 1740) and patness 'securities which were included in non-alowable assets. (C) For reports filed pursuant to paragraph (d) of Rule 17a-5, respondent should provide a list of material non-allowable assets. {8}------------------------------------------------ BROKER OR DEALER FIRST DOMINION CAPITAL CORP REVENHE For the period (MMDDYY) from 1/1/2025 [3932] to 12/31/2025 [3933 3931 Number of months included in this statement ## STATEMENT OF INCOME (LOSS) or STATEMENT OF COMPREHENSIVE INCOME (as defined in §210.1-02 of Regulation S-X), as applicable | A . Barn . We have to the first | | | |----------------------------------------------------------------------------------------------|-----------|--------------| | 1. Commissions: | | | | a. Commissions on transactions in exchange listed equity securities executed on an exchange | | 3935 | | b. Commissions on listed option transactions | | 3838
3939 | | c. All other securities commissions | | | | d. Total securities commissions | | 3940 | | 2. Gains or losses on firm securities trading accounts | | | | a. From market making in options on a national securities exchange | | 3945 | | b. From all other trading | | 3949 | | c. Total gain (loss) | | 3950 | | 3. Gains or losses on firm securities investment accounts | | 3952 | | 4. Profit (loss) from underwriting and selling groups | | 3955 | | 5. Revenue from sale of investment company shares | | 3970 | | 6. Commodities revenue | | 3990 | | 7. Fees for account supervision, investment adviser and administrative services | | 3975 | | 8. Other revenue | 1,405,282 | 3995 | | 9. Total revenue | 1,405,282 | 4030 | | | | | | EXPENSES | | | | 10. Salaries and other employment costs for general partners and voting stockholder officers | | 4120 | | 11. Other employee compensation and benefits | | 4115 | | 12. Commissions paid to other broker-dealers | | 4140 | | 13. Interest expense | | 4075 | | 1 40701
a. Includes interest on accounts subject to subordination agreements | | | | 14. Regulatory fees and expenses | 17,756 | 4195 | | 15. Other expenses | 1,449,339 | 4100 | | 16. Total expenses | 1,467,095 | 4200 | | | | | | NET INCOME / COMPREHENSIVE INCOME | | | | 17. Income (loss) before Federal income taxes and item 9 less Item 10) | | 4210 | | 18.Provision for Federal income taxes (for parent only) | | 4220 | | 19. Equity in earnings (losses) of unconsolidated subsidiaries not included above | | 4222 | | 4338
a. Atter Federal income taxes of | | | | 20.[RESERVED] | | | | a. (RESERVED) | | | | 21. RESERVEDI | | | | 22.Net income (loss) atter Federal income taxes | | 4230 | | | | 4226 | | 23. Other comprehensive income (loss) | | | | a. After Federal income taxes of | (61,813) | 4228 | | 24. Comprehensive income (loss) | | | | | | | | MONTHLY INCOME | | | | 25 Income (current month only) before provision for Federal income taxes | | 4211 | {9}------------------------------------------------ BROKER OR DEALER FIRST DOMINION CAPITAL CORP For the period (MMDDYY) from \_1/1/2025\_to \_12/31/2025\_ ## STATEMENT OF CHANGES IN OWNERSHIP EQUITY (SOLE PROPRIETORSHIP, PARTNERSHIP OR CORPORATION) | Balance, beginning of period
Net income (loss)
Additions (Includes non-conforming capital of
Deductions (Includes non-conforming capital of | 62,242
50,000 | 4240
4750
4260
4270 | |------------------------------------------------------------------------------------------------------------------------------------------------------|------------------|------------------------------| | 2. Balance, end of period (From item 1800) | 50.429 | 4240 | ## STATEMENT OF CHANGES IN LIABILITIES SUBORDINATED TO CLAIMS OF GENERAL CREDITORS | Balance, beginning of period | | |--------------------------------------------|--| | | | | | | | | | | 4. Balance, end of period (From item 3520) | | OMIT PENNIES {10}------------------------------------------------ | BROKER OR DEALER | FIRST DOMINION CAPITAL CORP | as of
17/31/2025 | | |-----------------------|---------------------------------------------------------------------------------------------------------------------------------|---------------------|-------| | | EXEMPTIVE PROVISION UNDER RULE 15c3-3 | | | | | 24. If an exemption from Rule 15c3-1 is claimed, identify below the section upon which such exemption is based (check one only) | | | | | A. (k)(1) - \$2,500 capital category as per Rule 15c3-1 | | | | | B. {k}(2)(A) - "Special Account for the Exclusive Benefit of customers" maintained | | 4560 | | | C. (k)(2)(B) - All customer transactions cleared through another broker-dealer on a fully disclosed basis. | | | | Name of clearing firm | | 4335 | 45/6. | | | D. (k)(3) - Exempted by order of the Commission (include copy of letter) | | | Ownership Equity and Subordinated Liabilities maturing or proposed to be withdrawn within the next six months and accruals, (as defined below), which have not been deducted in the computation of Net Gapital. | Type of Proposed
Withdrawal or
Accrual
(See below
for code ) | | Name of Lender or Contributor | | Insider or
Outsider?
(In or Out) | | Amount to be
Withdrawn (cash
amount and/or Net
Capital Value of
Securities) | | (MMDDYY)
Withdrawal or
Maturity
Date | | Expect
to
Renew
(Yes or No) | |--------------------------------------------------------------------------|------|-------------------------------|------|----------------------------------------|-------------|-----------------------------------------------------------------------------------------|--------------|-----------------------------------------------|------|--------------------------------------| | | 4600 | | 4601 | | 4602 | | 4603 | | 4604 | 4605 | | | 4610 | | 4611 | | 4612 | | 4613 | | 4614 | 4615 | | | 4620 | | 4621 | | 4622 | | 4623 | | 4624 | 4625 | | | 4630 | | 4631 | | 4632 | | 4633 | | 4634 | 4635 | | | 4640 | | 4641 | | 4642 | | 4643 | | 4644 | 4645 | | | | | | | Total
દે | | 4699 | | | | | | | | | | | | OMIT PENNIES | | | | Instructions: Detail Listing must include the total of the six month period following the report date, regardless of whether or not the capital contibution is expered to be renewed. The schedule must also included within the six month period following the report ate including the proposed redemption of stock and anicipated accuals which would cause a reduction of Net Capital. These anticipated accruals would include amounts of bonuses, partners' drawing accounts, taxes, and interest on profit sharing plans, etc., which have not been deducted benaooo, partners "Crawing and which you anticipate will be paid within the next six months. | WITHDRAWAL CODE: | DESCRIPTIONS | | | | | | |------------------|--------------------------|--|--|--|--|--| | | Equity Capital | | | | | | | 2. | Subordinated Liabilities | | | | | | | 3. | Accruals | | | | | | {11}------------------------------------------------ ## STATEMENT OF CASH FLOWS ## Year ended December 31, 2025 ## Cash flows from operating activities | Net Income | ક | (61,813) | |------------------------------------------------------------------------------|---|----------| | Adjustments to reconcile net income to net cash used in operating activities | | | | Decrease in Accounts Receivable | | 44,904 | | Decrease in Other Assets | | 116 | | Decrease in Accounts Payable/Non Customers | | (413) | | Net Cash used in operating activities | | (17,206) | | Cash flows from Financing Activities | | | | Contributed Capital | | 30,000 | | Proceeds from issuance of common stock | | 20,000 | | Net Cash provided by financing activities | | 50,000 | | NET INCREASE IN CASH | | 32,794 | | Cash | | | | Beginning of year | | 15,210 | | End of year | ક | 48,004 | See Notes to Financial Statements {12}------------------------------------------------ ## NOTES TO FINANCIAL STATEMENTS ## Year ended December 31, 2025 ## (1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ## ORGANIZATION First Dominion Capital Corp. (the "Company") is a broker-dealer registered with the Securities and Exchange Commission and is a member of the Financial Industry Regulatory Authority. ## NATURE OF OPERATIONS The Company derives the majority of its revenue by providing introduction services for raising capital through private placement and referrals of investors. The Company receives service fees for providing back-office support to registered representatives. The Company also receives revenue from mutual fund trails. ## USES OF ESTIMATES The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. ## CASH EQUIVALENTS Cash equivalents include all highly liquid short-term instruments purchased with a maturity of three months or less. ## FAIR VALUE OF FINANCIAL INSTRUMENTS The carrying amounts of cash, commissions receivable, and accrued expenses approximate fair value because of the short maturity of these items. ## REVENUE RECOGNITION Under Topic 606, the Company identifies the contract with a customer, identifies the performance obligations in the contract, determines the transaction price, allocates the transaction price to the performance obligations in the contract, and recognizes revenue when (or as) the Company satisfies a performance obligation. Income is recorded on a settlement date basis; however, all transactions are reviewed and adjusted on a trade date basis if significant. ## INCOME TAXES The liability method is used to calculate deferred income taxes. Under this method, deferred tax assets and liabilities are recognized on temporary differences between the financial statements and tax bases of assets and liabilities using applicable enacted rates. The principal types of differences between assets and liabilities for financial statements and tax return purposes relate to the recording of income and expenses when cash is received and paid. Deferred income taxes are not provided in the financial statements as the carrying values of assets and liabilities for income tax reporting purposes approximates their corresponding financial reporting basis of an asset has been fully reserved. Due to uncertainty regarding the net operating loss carryforward in future vears, the related deferred tax asset has been fully reserved. Management has analyzed the Company's tax positions and has concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions taken on federal, state and local income tax returns for open years (2022-2024) or expected to be taken on the Company's 2025 tax return. {13}------------------------------------------------ ## NOTES TO FINANCIAL STATEMENTS - (Continued) ## Year ended December 31, 2025 In December 2023, the Financial Standards Accounting Board ("FASB") issued Accounting Standards Update ("ASU") 2023-09 "Income Taxes (Topic 740): Improvements to Income Tax Disclosures". It is effective for annual periods beginning after December 15, 2024 to expand the disclosure requirements for income taxes, specifically related to the rate reconciliation and income taxes paid disaggregated by jurisdiction, in addition to certain other amendments intended to improve the effectiveness of income tax disclosures. The Company adopted this accounting standard on January 1, 2025, which expanded the income tax disclosures beginning with this statement of financial condition. It did not have an impact on the Company's financial results ## SUBSEQUENT EVENTS Subsequent events after the balance sheet date that the financial statements were issued have been evaluated in the preparation of the financial statements. Based on that evaluation, management has determined that no subsequent events have occurred which would require in the financial statements. ## RELATED PARTIES One of the Company's directors is an affiliated shareholder and majority owner of the Company's outstanding shares. ## (2) REGULATORY REQUIREMENTS The Company does not claim an exemption as it is relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 because the Company limits its business activities exclusively to acting as a private placement agent in capital raising activities, referrals of investors, mutual fund trails, and service fees charged to registered representatives. The Company does not hold funds or securities for customers and it promptly transmits all funds and delivers all securities in connection with its activities as a broker or dealer. Pursuant to the net capital provisions of Rule 15c-3-1 of the Securities Exchange Act of 1934, the Company is required to maintain a minimum net capital, as defined, equal to the greater of \$5,000 or 6-2/3% of aggregate indebtedness. Net capital and the related net capital ratio may fluctuate on a daily basis. At December 31, 2025, the Company had net capital of \$48,004, which exceeded its net capital requirement of \$5,000 by \$43,004. The percentage of aggregate indebtedness to net capital was 0.00% ## (3) SUBORDINATED LIABILITIES There were no liabilities subordinated to claims of general creditors during the year ended December 31, 2025. ## (4) SEGMENT REPORTING The Company is engaged in a single line of business as a securities broker dealer, focusing mainly on private placements and referrals. The Company has identified its CEO as the chief operating decision maker ("CODM"). The CODM uses all material financial information, including revenue, expenses and assets, to evaluate the results of the business and to make operational decisions. The Statement of Income provides the CODM the revenue and expenses of the segment. {14}------------------------------------------------ ## NOTES TO FINANCIAL STATEMENTS - (Continued) ## Year ended December 31, 2025 ## (6) REVENUE FROM CONTRACTS WITH CUSTOMERS Private Placement and Referral fees. The Company provides introduction services for raising capital. Revenue for this service is generally recognized at the point in time that performance under the arrangement is completed (the closing date of the transaction) or the contract is cancelled. Service fees. The Company provides service fees for back-office support consists of making sure that all registrations are properly completed and maintained. Fees are recognized as revenue as services are provided. Mutual funds. The Company receives revenue from mutual fund trails. The Company believes that its performance obligation is fulfilled on the trade date. The following table presents revenue by major source. | Revenue from contracts with customers | | |---------------------------------------------|--------------| | Private Placement and Referral fees | \$ 1,307,258 | | Service fees | 82,106 | | Mutual funds | 15,918 | | Total Revenue from contracts with customers | \$1.405,282 | {15}------------------------------------------------ ![](_page_15_Picture_1.jpeg) ## REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Shareholders First Dominion Capital Corp. Richmond, Virginia We have reviewed management's statements included in the accompanying Rule 15c3-3 Exemption Report pursuant to SEC Rule 17a-5 in which (1) First Dominion Capital Corp. (the Company) did not claim an exemption under paragraph (k) of 17 C.F.R. §240.15c3-3, and (2) the Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 because the Company limits its business activities exclusively to acting as a private placement agent in capital raising activities, referrals of investors, mutual fund trails, and service fees charged to registered representatives. In addition, the Company did not directly receive, hold, or otherwise owe funds or securities for or to customers, other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company; did not carry accounts of or for customers; and did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception. First Dominion Capital Corp.'s management is responsible for compliance with the provisions contemplated by Footnote 74 of SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 and related SEC Staff Frequently Asked Questions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about First Dominion Capital Corp.'s compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based upon the Company's business activities contemplated by Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5, and related SEC Staff Frequently Asked Questions. Philadelphia, Pennsylvania February 28, 2026 {16}------------------------------------------------ ## First Dominion Capital Corp. Exemption Report First Dominion Capital Corp. (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. §240.17a-5 (d)(1) and (4). To the best of its knowledge and belief, the Company states the following: - (1) The Company does not claim an exemption under paragraph (k) of 17 C.F.R. § 240. 15c3-3, and - (2) The Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 because the Company limits its business activities exclusively to acting as a private placement agent in capital raising activities, referrals of investors, mutual fund trails, and service fees charged to registered representatives, and the Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4) and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company; (2) did not carry accounts of or for customers; and (3) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception. First Dominion Capital Corp. I, \_ Christopher Anci\_ , swear that, to my best knowledge and belief, this Exemption Report is true and correct. By: President Date: February 28, 2026 Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.