secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)
CIK:        0000859070
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001437749-25-002031
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Bankshares Q4 net income $13.04M ($0.71 EPS); declares $2.07 special dividend
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- Q4 net income $13.04M ($0.71 diluted EPS), FY $51.60M ($2.80 EPS), up 10.65% and 7.46% YoY respectively.
- Net interest margin 4.36% (down 6 bps YoY); noninterest expense down $2.67M due to no repeat of $3M litigation charge.
- Quarterly cash dividend $0.31/share (40th consecutive year); special cash dividend $2.07/share (~$37.92M total) payable Feb 28, 2025.
- Loans decreased 6.07% YoY, deposits down 1.14%; non-performing loans to total loans 0.83% (up from Q4 2023).
- Book value per share $28.73, up $1.53 from year-end 2023; ROTCE 14.12% for Q4, ROA 1.60%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/859070/000143774925002031/0001437749-25-002031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/859070/000143774925002031/fcbc20241231_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-002031

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