FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC) First Community Bankshares, Inc. operates as a financial holding company, primarily through its subsidiary, First Community Bank. This institution offers a broad spectrum of banking and financial services. Its offerings include a variety of deposit accounts such as checking, savings, and money market accounts, along with certificates of deposit and individual retirement arrangements. The bank also provides lending solutions, encompassing commercial, consumer, and real estate mortgage loans, in addition to lines of credit. Customers benefit from various credit, debit, and ATM card services. Furthermore, the company delivers both corporate and personal trust services. Beyond conventional banking, First Community Bankshares specializes in wealth management, which includes trust administration, estate planning, and investment advisory services. Dedicated investment management services are also provided. The company serves a diverse clientele, ranging from individual consumers to businesses operating in numerous sectors. These industries include education, government, healthcare, coal mining and natural gas extraction, retail, construction, manufacturing, tourism, and transportation. As of December 31, 2021, the company maintained an extensive network of 49 branches. This footprint included 17 locations in West Virginia, 23 in Virginia, 7 in North Carolina, and 2 in Tennessee. First Community Bankshares, Inc. was established in 1874 and has its headquarters situated in Bluefield, Virginia.
Sector: State Commercial Banks
Industry: Banks - Regional
First Community Bankshares, Inc. NASDAQ:FCBC Financial Services · Banks - Regional
Mkt Cap $914.5M
Div Yield 4.67%
AH Close $48.36 +0.00% vs close
AH Close $48.36 +0.00% vs close
Mkt Cap $914.5M
Div Yield 4.67%
All Press Release SEC Filings News
SEC Filing ● Major ⚠ 5
FCBC: 10-Q · periodic report
First Community Bankshares (FCBC) posted record Q2 2026 net income of $22.51 million, up 83.84% from $12.25 million a year earlier, with diluted EPS of $1.19. Six-month net income rose 43.53% to $34.54 million.
Part of the headline growth came from a one-time $10.38 million pre-tax gain on the sale of the company's stake in Bearing Insurance. Stripping merger and non-recurring items, Q2 net income was $14.38 million, up a still-strong 17.47% year over year.
The quarter reflects the Hometown Bancshares merger completed January 23, 2026, which added $393.81 million in assets and $357.72 million in deposits for 1,029,314 shares ($35.08 million). Total assets reached $3.61 billion, deposits grew 12.34% and loans 6.26% from year-end, and the FTE net interest margin held at 4.38%.
Credit quality remains solid but is drifting modestly: nonperforming loans rose to 0.70% of loans and net charge-offs to 0.21% annualized. Book value per share climbed 4.47% to $28.52, and the company repurchased 504,652 shares for $20.33 million in Q1 while maintaining its $0.31 quarterly dividend.
SEC 10-Q • 2mo ago AI analysis › Press Release ● Major ⚠ 3
First Community Bankshares, Inc. Announces Record Second Quarter 2026 Results and Quarterly Cash Dividend
First Community Bankshares reported record Q2 net income of $22.51 million, or $1.19 per share, representing an 84% increase from the prior year.
The results were bolstered by a $10.4 million gain on the sale of Bearing Insurance, while adjusted net income grew 17.5% to $14.38 million and net interest margin held steady at 4.38%.
The board increased the quarterly dividend by 6.45% to $0.33 per share, marking the 41st consecutive year of dividend payments.
• 3mo ago AI analysis › SEC Filing
FCBC: 10-Q · periodic report
First Community Bankshares, Inc. reported a net income of $12.03 million for the first quarter of 2026, representing a 1.77% increase from the same quarter in 2025. The increase is primarily attributable to a $2.94 million, or 9.80%, increase in net interest income after provision for loan losses and a $1.23 million, or 12%, increase in noninterest income. These increases were partially offset by a $3.79 million, or 15.21%, increase in noninterest expense, primarily driven by $2.31 million in merger-related expenses associated with the Hometown acquisition.
The company's total assets increased by $385.30 million, or 11.82%, from December 31, 2025 to March 31, 2026. The primary driver of this increase was the acquisition of Hometown Bancshares, Inc., which added $393.81 million in total assets, including $171.04 million in loans and $357.72 million in deposits. Excluding the Hometown transaction, total assets decreased by $105.21 million, or 3.23%.
The allowance for credit losses increased by $2.78 million, or 9.04%, from December 31, 2025 to March 31, 2026. This increase is primarily due to the Hometown acquisition, which added $3.21 million to the allowance for credit losses. The company also experienced net charge-offs of $731 thousand, or 0.12% of annualized average loans, during the first quarter of 2026.
SEC 10-Q • 5mo ago AI analysis › SEC Filing
FCBC: 8-K · asset sale
First Community Bankshares announced the sale of its investment in Bearing Insurance Group to BroadStreet Partners.
The bank held 11 units in Bearing and expects to realize a pre-tax gain of approximately $10 million from the transaction.
SEC 8-K • 5mo ago SEC Filing
FCBC: 8-K · proxy statement
First Community Bankshares announced the results of its 2026 annual meeting, held on April 28, where shareholders elected Gary R. Mills and M. Adam Sarver as directors to serve until the 2029 annual meeting.
Additionally, shareholders ratified the appointment of Crowe LLP as the independent auditor for 2026, approved an advisory vote on executive compensation, and recommended an annual frequency for future say-on-pay votes.
SEC 8-K • 5mo ago Press Release
First Community Bankshares, Inc. Announces First Quarter 2026 Results and Quarterly Cash Dividend
First Community Bankshares reported Q1 net income of $12.03 million, or $0.63 per share, a slight decrease from the prior year due to merger-related expenses. Excluding these costs, adjusted net income rose 17% to $13.83 million, or $0.73 per share, driven by net interest margin expansion to 4.37%.
The company completed the acquisition of Hometown Bancshares in January, adding $393.81 million in assets and increasing total consolidated assets to $3.64 billion. Asset quality improved as non-performing loans fell to 0.72% of total loans.
Capital return actions included the declaration of a $0.31 quarterly dividend, marking 41 consecutive years of payments. Additionally, the bank repurchased 504,652 shares for $20.33 million during the quarter after suspending buybacks for the acquisition.
• 5mo ago AI analysis › 
