{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-014679","form_type":"8-K","ticker":"FCBC","cik":"0000859070","company_name":"FIRST COMMUNITY BANKSHARES INC /VA/","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.453217+00:00","generated_at":"2026-06-15T01:55:04.959490+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"First Community Bankshares dismisses auditor Elliott Davis over 84% fee hike, appoints Crowe LLP","bullets":["Elliott Davis proposed $400k audit fee for 2023, an 84% increase from original $217k quote, citing desired profitability.","Audit Committee dismissed Elliott Davis on May 9, 2023; no adverse opinions or disagreements in reports for 2022.","Crowe LLP engaged as new independent auditor for year ending Dec 31, 2023, subject to client acceptance procedures.","Management will abstain from voting on ratification of Elliott Davis at annual meeting; dismissal and appointment stand."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-014679","json":"https://secwatch.observer/filing/0001437749-23-014679.json","markdown":"https://secwatch.observer/filing/0001437749-23-014679.md","text":"https://secwatch.observer/filing/0001437749-23-014679.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/859070/000143774923014679/0001437749-23-014679-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/859070/000143774923014679/fcbc20230515_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T01:55:04.959490+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":"1ea5313b10b250e2820c190213f8b96dc52e18d1","claim":"FIRST COMMUNITY BANKSHARES INC /VA/ engaged Crowe, LLP as its auditor.","evidence_excerpt":"On May 9, 2023, the Audit Committee of the Registrant engaged Crowe, LLP as the Registrant’s independent registered public accounting firm for the year ended December 31, 2023","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/859070/000143774923014679/0001437749-23-014679-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"Crowe, LLP"}],"fact_type":"auditor_change"},{"claim_id":"95d113897b0d009fe20b5dbe63fae7f476e7de50","claim":"FIRST COMMUNITY BANKSHARES INC /VA/ dismissed Elliott Davis, PLLC as its auditor.","evidence_excerpt":"on May 9, 2023, the Audit Committee of the Registrant approved the dismissal of Elliott Davis as the independent registered public accounting firm for the Registrant","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/859070/000143774923014679/0001437749-23-014679-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"Elliott Davis, PLLC"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}