{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-001682","form_type":"8-K","ticker":"FCBC","cik":"0000859070","company_name":"FIRST COMMUNITY BANKSHARES INC /VA/","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.270618+00:00","generated_at":"2026-06-20T11:20:20.864686+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First Community Bankshares Q4 net income $12.58M; dividend up 7.4%; to acquire Surrey Bancorp","bullets":["Net income $12.58M ($0.77 diluted EPS) for Q4 2022, up from $10.56M in Q4 2021; full-year net income $46.66M ($2.82 diluted EPS).","Quarterly dividend raised to $0.29/share (+7.4% YoY), payable Feb 24, 2023 to record Feb 10, 2023; 38th consecutive year of regular dividends.","Entered agreement to acquire Surrey Bancorp (Mount Airy, NC); adds ~$500M in assets; expected close Q2 2023, subject to approvals.","Net interest margin expanded 82 bps to 4.34%; loan portfolio grew 10.83% YTD ($234.63M); share repurchases curtailed due to deal.","Nonperforming loans 0.70% of total loans; net charge-offs $2.25M in Q4 (0.37% annualized avg loans) vs $1.17M in Q4 2021."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-001682","json":"https://secwatch.observer/filing/0001437749-23-001682.json","markdown":"https://secwatch.observer/filing/0001437749-23-001682.md","text":"https://secwatch.observer/filing/0001437749-23-001682.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/859070/000143774923001682/0001437749-23-001682-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/859070/000143774923001682/fcbc20230123_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T11:20:20.864686+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"316598f0da5b221cf1b2cb648870701a40a4bb71","claim":"FIRST COMMUNITY BANKSHARES INC /VA/ reported the quarter ended December 31, 2022 results: net income $12.58 million, EPS $0.77 per diluted common share.","evidence_excerpt":"The Company reported net income of $12.58 million, or $0.77 per diluted common share, for the quarter ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/859070/000143774923001682/0001437749-23-001682-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Net income","value":"$12.58 million"},{"label":"EPS","value":"$0.77 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"424da2aa8ab18f2ae96f75bc9b4915012635281d","claim":"FIRST COMMUNITY BANKSHARES INC /VA/ reported the year ended December 31, 2022 results: net income $46.66 million, EPS $2.82 per diluted common share.","evidence_excerpt":"Net income for the year ended December 31, 2022, was $46.66 million or $2.82 per diluted common share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/859070/000143774923001682/0001437749-23-001682-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Net income","value":"$46.66 million"},{"label":"EPS","value":"$2.82 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}