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

Issuer:     FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC)
CIK:        0000859070
Form:       8-K
Filed at:   2026-10-28T12:53:56+00:00
Accession:  0001437749-26-033707
Event type: m_and_a
Sentiment:  positive
Materiality: 0.92
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

First Community Bankshares to acquire Main Street Financial Services in $243 million stock merger
--------------------------------------------------------------------------------

- First Community (FCBC) agreed to acquire Main Street (MSWV) for 0.6174 FCBC shares per Main Street share, valued at about $30.14 per share and $243 million aggregate.
- Main Street reported $1.6 billion assets, $1.3 billion loans, $1.4 billion deposits and $137 million equity as of Sept. 30, 2026; combined assets expected near $5.2 billion.
- Main Street Bank operates 21 offices in east central Ohio and West Virginia's northern panhandle; the deal adds Ohio and expands First Community to five states.
- Closing is expected early in Q2 2027, subject to shareholder and regulatory approvals; Main Street would pay a $9.61 million termination fee under specified circumstances.
- Main Street directors holding about 10.4% of shares signed support agreements to vote for the merger; Mark Witmer will join First Community Bank as President of the Ohio Region.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/859070/000143774926033707/0001437749-26-033707-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/859070/000143774926033707/fcbc20261026_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-033707

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