secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)
CIK:        0000859070
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001437749-22-008029
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Bankshares sells Emporia, VA branch to Benchmark Community Bank
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- Sale includes branch real estate, personal property, and all deposits (but not loans).
- Transaction subject to regulatory approval and customary closing conditions.
- Expected to close by end of 2022, enabling both banks to focus on core markets.
- First Community Bank retains its other branches; move removes a geographically distant branch.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/859070/000143774922008029/0001437749-22-008029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/859070/000143774922008029/fcbc20220401_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-008029

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