---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-009760"
form_type: "8-K"
ticker: "FCBC"
cik: "0000859070"
company_name: "FIRST COMMUNITY BANKSHARES INC /VA/"
filed_at: "2022-04-26T23:59:59+00:00"
generated_at: "2026-06-26T04:52:28.834472+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# First Community Bankshares Q1 net income $9.52M, EPS $0.56; dividend up 8% to $0.27

## Summary
- Net income of $9.52M ($0.56 diluted EPS) vs $14.6M ($0.82) in Q1 2021; decrease driven by $1.96M provision vs $4.00M reversal year ago.
- Net interest margin 3.55%, up 3 bps from Q4 2021; cost of interest-bearing deposits fell to 0.10%.
- Loan portfolio grew $78.7M (14.7% annualized); strong demand across construction, CRE, residential mortgage, and consumer.
- Quarterly cash dividend increased 8% to $0.27/share, payable May 20 to holders of record May 6; 37th consecutive year of regular dividends.
- Repurchased 132,000 shares for $4.09M during Q1; non-performing loans remained low at 0.96% of total loans.

## SEC filing metadata
- accession: 0001437749-22-009760
- form_type: 8-K
- ticker: FCBC
- cik: 0000859070
- company_name: FIRST COMMUNITY BANKSHARES INC /VA/
- filed_at: 2022-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/859070/000143774922009760/0001437749-22-009760-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/859070/000143774922009760/fcbc20220421_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-009760
- JSON: https://secwatch.observer/filing/0001437749-22-009760.json
- Plain text: https://secwatch.observer/filing/0001437749-22-009760.txt

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