---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-001706"
form_type: "8-K"
ticker: "FCBC"
cik: "0000859070"
company_name: "FIRST COMMUNITY BANKSHARES INC /VA/"
filed_at: "2022-01-26T23:59:59+00:00"
generated_at: "2026-06-27T15:41:27.219262+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# First Community Bankshares reports record 2021 net income of $51.17M, declares $0.27 quarterly dividend

## Summary
- Annual net income for 2021 was a record $51.17 million, or $2.94 per diluted common share.
- Quarterly cash dividend declared of $0.27 per common share, an increase of 8% over the same quarter last year.
- Company repurchased 949,386 common shares (5.36% of outstanding) for $28.88 million during 2021.
- Net charge-offs for Q4 2021 were $1.17 million, or 0.22% of annualized average loans, improving from 0.26% in Q4 2020.
- Book value per share increased to $25.34 at December 31, 2021, up $1.26 from year-end 2020.

## SEC filing metadata
- accession: 0001437749-22-001706
- form_type: 8-K
- ticker: FCBC
- cik: 0000859070
- company_name: FIRST COMMUNITY BANKSHARES INC /VA/
- filed_at: 2022-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/859070/000143774922001706/0001437749-22-001706-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/859070/000143774922001706/fcbc20220121_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-001706
- JSON: https://secwatch.observer/filing/0001437749-22-001706.json
- Plain text: https://secwatch.observer/filing/0001437749-22-001706.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.