secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)
CIK:        0000859070
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0001437749-22-001706
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/859070/000143774922001706/0001437749-22-001706-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/859070/000143774922001706/fcbc20220121_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-001706

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