Highest-materiality recent filing
First Community Bankshares reports record Q2 net income $22.51M; dividend raised to $0.33
Net income of $22.51M ($1.19 diluted EPS) vs $12.25M in Q2 2025, up 83.84%.
First Community Bankshares expects ~$10M pre-tax gain on sale of Bearing Insurance units
Bearing Insurance Group, LLC sold to BroadStreet Partners Group, LLC on May 1, 2026.
First Community Bankshares annual meeting results: directors re-elected, say-on-pay approved
Gary R. Mills re-elected with 9,514,305 votes for, M. Adam Sarver with 7,902,368; broker non-votes 2,627,593.
First Community Bankshares Q1 net income $12.0M ($0.63 EPS); adj. EPS $0.73; declares $0.31 dividend
GAAP net income $12.03M ($0.63 diluted EPS); adjusted net income $13.83M ($0.73 diluted EPS), up 17% YoY.
FCBC Q4 net income $12.46M ($0.68 EPS); completes Hometown Bancshares acquisition
Net income $12.46M ($0.68 diluted EPS) for Q4 2025, down 4.4% YoY; adjusted net income $14.16M, up 8.6%.
FCBC completes acquisition of Hometown Bancshares, effective Jan 23, 2026
Hometown shareholders receive 11.706 FCBC shares per Hometown share, plus cash for fractional shares.
Received Virginia Bureau of Financial Institutions approval to merge Union Bank into First Community Bank.
First Community Bankshares merger with Hometown on track; expected close Jan 23, 2026
Hometown shareholders voted overwhelmingly to approve the merger on Dec 2, 2025.
First Community Bankshares declares special dividend of $1.00 per share
Special cash dividend of $1.00 per share payable on or about Jan 16, 2026 to holders of record Jan 2, 2026.
FCBC merger with Hometown Bancshares approved by Hometown shareholders; Q1 2026 close targeted
Hometown shareholders approved the merger agreement dated July 19, 2025 at a special meeting on December 2, 2025.
FCBC receives Fed approval for Hometown merger; corrects proxy error on bidder valuation
Federal Reserve Bank of Richmond approved bank merger and BHCA waiver on Nov 6, 2025.
First Community Bankshares Q3 net income down 5.9% to $0.67 EPS; adjusted net income up 4%
Net income of $12.27M ($0.67 diluted EPS) down 5.89% YoY; adjusted net income of $12.90M up 4% YoY.
First Community Q2 net income $12.25M ($0.67 EPS); declares $0.31 dividend, 40th consecutive year
Net income of $12.25M, down 3.47% YoY; diluted EPS $0.67; six-month net income $24.06M ($1.31 EPS).
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.
First Community Bankshares annual meeting; governance amendment fails
Three directors elected: Samuel L. Elmore, Richard S. Johnson, Beth A. Taylor; 77.22% turnout.
First Community Bankshares Q1 EPS $0.64, NIM 4.34%; declares $0.31 dividend
Net income of $11.82M ($0.64 diluted EPS) for Q1 2025.
First Community Bankshares Q4 net income $13.04M ($0.71 EPS); declares $2.07 special dividend
Q4 net income $13.04M ($0.71 diluted EPS), FY $51.60M ($2.80 EPS), up 10.65% and 7.46% YoY respectively.
First Community Bankshares Q3 net income $13.03M ($0.71 EPS), down 11% YoY; declares $0.31 dividend
Net income $13.03M ($0.71 diluted EPS) for Q3 2024, vs $14.64M ($0.79) a year ago, down 10.98%.
FCBC enters new employment agreements with CEO, President, CFO, COO, and CAO for three-year terms
Five named executive officers including CEO William P. Stafford, II and CFO David D. Brown signed new employment agreements effective Jan 1, 2024.
First Community Bankshares Q2 net income $12.69M, EPS $0.71, dividend $0.31
Net income of $12.69M for Q2 2024, up 29.26% YoY; diluted EPS $0.71.
First Community Bankshares agrees to $4.8M settlement over overdraft fee class action
Settlement establishes a $4.8 million fund and forgives up to $500,000 in unpaid fees.
First Community Bankshares shareholders elect directors, approve say-on-pay and auditor ratification
Shareholders elected directors C. William Davis (10,595,854 for), Harriet B. Price (8,714,204 for), and William P. Stafford, II (11,095,179 for).
First Community Bankshares Q1 net income $12.85M ($0.71 EPS), up 9% YoY; declares $0.29 dividend
Net income $12.85M, diluted EPS $0.71 vs $0.65 in Q1 2023, up 9% YoY.
FCBC Q4 net income $11.78M ($0.66 EPS); declares $0.29 quarterly dividend
Net income $11.78M ($0.66 diluted EPS) for Q4 2023; full-year net income $48.02M ($2.72 EPS).
Net income $14.64M ($0.79 diluted EPS) vs $13.35M in Q3 2022, up 9.7% YoY.
First Community Bankshares authorizes new 2.7M share repurchase plan through 2026
Board approved repurchase of up to 2.7M shares of common stock, effective Sept 27, 2023 through Dec 31, 2026.
GAAP net income $9.81M ($0.55 diluted EPS); adjusted net income $12.95M ($0.70 EPS), up 16% YoY.
First Community Bankshares annual meeting elects directors, approves say-on-pay, ratifies auditor
Gary R. Mills and M. Adam Sarver elected as Class of 2026 directors; Mills received 8,412,749 votes for, Sarver 6,468,145.
First Community Bankshares dismisses auditor Elliott Davis over 84% fee hike, appoints Crowe LLP
Elliott Davis proposed $400k audit fee for 2023, an 84% increase from original $217k quote, citing desired profitability.
FCBC Q1 net income $11.78M (+24% YoY); completes Surrey Bancorp deal; dividend $0.29
Net income $11.78M ($0.72 diluted EPS), up 24% from $9.52M YoY; annualized ROAA 1.55%, ROAE 11.15%.
First Community Bankshares completes acquisition of Surrey Bancorp (7 branches, $482M assets)
Effective April 21, 2023; Surrey shareholders to receive 0.7159 FCBC shares per Surrey share.
First Community Bankshares Q4 net income $12.58M; dividend up 7.4%; to acquire Surrey Bancorp
Net income $12.58M ($0.77 diluted EPS) for Q4 2022, up from $10.56M in Q4 2021; full-year net income $46.66M ($2.82 diluted EPS).
Blackout period for Employee Stock Ownership and Savings Plan runs from Dec 1 to Dec 22, 2022, due to transition to Principal Financial Group.
First Community Bankshares to acquire Surrey Bancorp for ~$113.2M in stock
Surrey shareholders to receive 0.7159 FCBC shares per Surrey share, valued at $26.95/share.
First Community Bankshares Q3 net income $13.35M ($0.81 EPS); dividend raised to $0.29
Net income $13.35M ($0.81 dil. EPS) vs $12.61M; net interest margin 4.01%, up 45bp YoY.
FCBC Q2 net income $11.2M, EPS $0.67; raises quarterly dividend to $0.29
Q2 2022 net income $11.21M ($0.67 diluted EPS); first-half net income $20.73M ($1.24).
Plan transition triggers 5-day trading blackout for FCBC directors and officers
Blackout period from July 14 to July 18, 2022 due to plan platform transition to American Trust.
First Community Bankshares adopts Executive Incentive Compensation Plan for 2022
Plan effective Jan 1, 2022; approved May 24, 2022; renews annually.
First Community Bankshares shareholders elect three directors, approve equity plan and auditor
Elected Samuel L. Elmore, Richard S. Johnson, Beth A. Taylor as Class of 2025 directors.
First Community Bankshares Q1 net income $9.52M, EPS $0.56; dividend up 8% to $0.27
Net income of $9.52M ($0.56 diluted EPS) vs $14.6M ($0.82) in Q1 2021; decrease driven by $1.96M provision vs $4.00M reversal year ago.
First Community Bankshares sells Emporia, VA branch to Benchmark Community Bank
Sale includes branch real estate, personal property, and all deposits (but not loans).
First Community Bankshares dismisses DHG as auditor, engages Elliott Davis
Audit Committee dismissed Dixon Hughes Goodman LLP (DHG) as independent auditor on March 9, 2022.
Annual net income for 2021 was a record $51.17 million, or $2.94 per diluted common share.
First Community Bankshares appoints Dr. Beth A. Taylor to board effective Jan 1, 2022
Board increased to 8 members; Dr. Taylor appointed to fill vacancy, effective January 1, 2022.
First Community Bankshares reports record Q3 net income $12.6M; EPS up 55% YoY; raises dividend 8%
Net income of $12.61M ($0.73 diluted EPS) up 55.3% YoY; nine-month EPS $2.32, up 69.3%.
First Community Bankshares Q2 net income $0.76 EPS, up 65% YoY; dividend raised 8%
Net income of $13.4M ($0.76 diluted EPS) vs $8.2M ($0.46) in Q2 2020, a 65% EPS increase.
On December 14, 2021, First Community Bankshares, Inc. (the “Corporation”), at a regular meeting of its Board of Directors (the “Board”), increased the size of the Board to eight (8) members and appointed Dr. Beth A. Taylor to fill the vacancy created by that action.
Max materiality 0.90 · Median 0.62 · Most common event earnings