secwatch.observer — SEC 8-K summary
======================================

Issuer:     FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)
CIK:        0000859070
Form:       8-K
Filed at:   2025-07-21T23:59:59+00:00
Accession:  0001437749-25-023066
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Bankshares to acquire Hometown Bancshares for ~$41.5M in stock
------------------------------------------------------------------------------

- Total deal value ~$41.5M; each Hometown share exchanges for 11.706 FCBC shares, valued at $472.10 based on FCBC $40.33 close.
- Hometown (Union Bank) has $402M assets, $176M loans, $366M deposits as of June 30, 2025; adds 8 WV branches.
- Expected close Q1 2026; subject to Hometown shareholder vote, regulatory approvals, and other customary conditions with a $2.0M termination fee payable by Hometown.
- FCBC expects high-single digit EPS accretion and minimal tangible book dilution; combined pro-forma $3.6B assets and 60 branches.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/859070/000143774925023066/0001437749-25-023066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/859070/000143774925023066/fcbc20250718_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-023066

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