secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)
CIK:        0000859070
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001437749-22-024696
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Bankshares Q3 net income $13.35M ($0.81 EPS); dividend raised to $0.29
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- Net income $13.35M ($0.81 dil. EPS) vs $12.61M; net interest margin 4.01%, up 45bp YoY.
- Quarterly dividend increased to $0.29 per share (+7.41% YoY); payable Nov 18, record Nov 4.
- Loan portfolio grew $197.16M (12.17% annualized) in first 9 months; NPLs 0.71% of loans.
- Repurchased 235,400 shares ($7.38M) in Q3; 650,907 shares ($19.42M) YTD.
- Provision for credit losses $685k (+$2.08M); branch sale gain $1.66M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/859070/000143774922024696/0001437749-22-024696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/859070/000143774922024696/fcbc20221013_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-024696

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