secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)
CIK:        0000859070
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001437749-21-017759
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Bankshares Q2 net income $0.76 EPS, up 65% YoY; dividend raised 8%
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- Net income of $13.4M ($0.76 diluted EPS) vs $8.2M ($0.46) in Q2 2020, a 65% EPS increase.
- Record results driven by reversal of $2.23M in credit loss provision vs $3.83M provision in Q2 2020.
- Quarterly cash dividend increased 8% to $0.27/share, payable Aug 23 to holders of record Aug 9.
- Repurchased 261,600 shares for $7.98M in Q2; YTD 449,300 shares for $12.96M.
- Non-interest income up 27.25% YoY; book value per share $24.66.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/859070/000143774921017759/0001437749-21-017759-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/859070/000143774921017759/fcbc20210722_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-017759

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer