---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028851"
form_type: "8-K"
ticker: "FCBC"
cik: "0000859070"
company_name: "FIRST COMMUNITY BANKSHARES INC /VA/"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T15:33:38.850257+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Community Bankshares reports Q3 2023 net income of $14.6M, EPS $0.79; NIM expands 50bps to 4.51%

## Summary
- Net income $14.64M ($0.79 diluted EPS) vs $13.35M in Q3 2022, up 9.7% YoY.
- Net interest margin 4.51%, up 50bps YoY; net interest income increased $4.01M.
- Loan portfolio up 8.05% from Dec 2022 ($193.3M), but ex-Surrey transaction down 1.91%.
- Deposits increased 2.51% from Dec 2022; ex-Surrey transaction down 12.55%.
- Declared $0.29/share quarterly dividend (payable Nov 24, record Nov 10); new 2.7M share buyback program through Dec 2026.

## SEC filing metadata
- accession: 0001437749-23-028851
- form_type: 8-K
- ticker: FCBC
- cik: 0000859070
- company_name: FIRST COMMUNITY BANKSHARES INC /VA/
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/859070/000143774923028851/0001437749-23-028851-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/859070/000143774923028851/fcbc20230826_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028851
- JSON: https://secwatch.observer/filing/0001437749-23-028851.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028851.txt

## Key facts
- Earnings Releases
  FIRST COMMUNITY BANKSHARES INC /VA/ reported the quarter ended September 30, 2023 results: net income $ 14.64 million, EPS $ 0.79 per diluted common share.
  - Period: the quarter ended September 30, 2023
  - Net income: $ 14.64 million
  - EPS: $ 0.79 per diluted common share
  - Result: reported results
  source text: The Company reported net income of $ 14.64 million, or $ 0.79 per diluted common share, for the quarter ended September 30, 2023 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/859070/000143774923028851/0001437749-23-028851-index.htm

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