secwatch.observer — SEC 8-K summary
======================================

Issuer:     FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)
CIK:        0000859070
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0001437749-21-024318
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 reports record Q3 net income $12.6M; EPS up 55% YoY; raises dividend 8%
--------------------------------------------------------------------------------

- Net income of $12.61M ($0.73 diluted EPS) up 55.3% YoY; nine-month EPS $2.32, up 69.3%.
- Reversed $1.39M provision for credit losses vs $4.70M provision in Q3 2020; credit quality strong.
- Quarterly cash dividend increased 8% to $0.27/share, payable Nov 19 to holders of record Nov 5.
- Repurchased 277,386 shares for $8.46M in Q3; YTD repurchases 726,686 shares for $21.43M.
- Non-interest income rose 14.2% YoY; book value $25.03, up $0.95 from year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/859070/000143774921024318/0001437749-21-024318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/859070/000143774921024318/fcbc20211022_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-024318

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