NASDAQ : FCBC
First Community Bankshares, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 46.28 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 875.44M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 128.72M | 123.34M | 129.87M | 126.73M | 104.57M | 102.83M |
| Interest Income on Investments | 25.16M | 19.19M | 16.27M | 10.44M | 9.75M | 2.48M |
| Total Interest Income | 153.87M | 142.53M | 146.14M | 137.16M | 114.32M | 105.31M |
| Interest Paid on Deposits | 17.48M | 17.92M | 19.64M | 9.34M | 1.65M | 2.83M |
| Interest Paid on Borrowings | 36.00K | 140.00K | 2.00K | 1.00K | ||
| Total Interest Expense | 17.48M | 17.92M | 19.67M | 9.48M | 1.66M | 2.84M |
| Net Interest Income | 136.40M | 124.61M | 126.47M | 127.68M | 112.66M | 102.47M |
| Trust Income | 5.20M | 4.94M | 4.49M | 4.18M | 3.85M | 3.85M |
| Gain (Loss) on Sale of Assets | 825.00K | 204.00K | 1.66M | |||
| Gain (Loss) on Sale of Investments | 208.00K | -21.00K | ||||
| Other Non-Interest Income | 34.84M | 21.18M | 20.07M | 19.09M | 17.46M | 17.00M |
| Total Non-Interest Income | 57.87M | 42.89M | 39.39M | 37.45M | 37.18M | 34.30M |
| Revenues Before Loan Losses | 194.27M | 167.50M | 165.86M | 165.14M | 149.84M | 136.78M |
| Provision for Loan Losses | 1.58M | 72.00K | 3.60M | 7.99M | 6.57M | -8.47M |
| Revenue | 192.69M | 167.43M | 162.26M | 157.15M | 143.27M | 145.25M |
| Salaries and Employee Benefits | 55.68M | 52.92M | 49.41M | 47.53M | 44.65M | 41.25M |
| Federal Deposit Insurance | 1.59M | 1.45M | 1.46M | 1.51M | 1.13M | 832.00K |
| Amortization of Goodwill & Intangibles | 2.95M | 1.92M | 2.13M | 1.73M | 1.45M | 1.45M |
| Selling, General & Administrative | 31.75M | 31.01M | 28.67M | 26.98M | 24.68M | 23.45M |
| Other Non-Interest Expense | 15.19M | 14.10M | 13.10M | 12.04M | 10.63M | 10.96M |
| Total Non-Interest Expense | 107.43M | 101.39M | 94.77M | 89.78M | 82.52M | 77.94M |
| EBT Excluding Unusual Items | 85.26M | 66.04M | 67.49M | 67.37M | 60.75M | 67.31M |
| Asset Writedown | -781.00K | |||||
| Legal Settlements | -1.80M | -3.00M | ||||
| Pretax Income | 80.83M | 63.12M | 65.69M | 61.97M | 60.16M | 66.53M |
| Income Tax Expense | 18.40M | 14.33M | 14.09M | 13.95M | 13.49M | 15.36M |
| Net Income | 62.43M | 48.79M | 51.60M | 48.02M | 46.66M | 51.17M |
| Net Income to Common | 62.43M | 48.79M | 51.60M | 48.02M | 46.66M | 51.17M |
| Basic Shares Outstanding | 18.76M | 18.31M | 18.35M | 18.00M | 16.52M | 17.34M |
| Diluted Shares Outstanding | 18.84M | 18.41M | 18.43M | 18.03M | 16.56M | 17.40M |
| EPS (Basic) | 3.33 | 2.66 | 2.81 | 2.67 | 2.82 | 2.95 |
| EPS (Diluted) | 3.31 | 2.65 | 2.80 | 2.67 | 2.82 | 2.94 |
| Dividend Per Share | 1.28 | 1.24 | 1.20 | 1.16 | 1.14 | 1.06 |
| Effective Tax Rate | 22.76% | 22.70% | 21.45% | 22.52% | 22.43% | 23.09% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 502.35M | 512.24M | 377.45M | 116.42M | 170.85M | 677.44M |
| Investment Securities | 335.32M | 48.36M | 100.82M | 201.79M | 220.75M | 43.08M |
| Mortgage-Backed Securities | 87.94M | 72.70M | 82.93M | 83.43M | 37.11M | |
| Total Investments | 335.32M | 136.29M | 173.52M | 284.72M | 304.18M | 80.20M |
| Gross Loans | 2.48B | 2.32B | 2.42B | 2.58B | 2.41B | 2.17B |
| Allowance for Loan Losses | -32.64M | -30.76M | -34.83M | -36.19M | -30.56M | -27.86M |
| Other Adjustments to Gross Loans | -4.75M | -6.60M | -7.71M | -8.81M | -5.06M | |
| Net Loans | 2.44B | 2.28B | 2.38B | 2.54B | 2.37B | 2.14B |
| Property, Plant & Equipment | 50.13M | 48.15M | 49.22M | 51.27M | 47.99M | 53.02M |
| Goodwill | 145.67M | 143.95M | 143.95M | 143.95M | 129.56M | 129.56M |
| Other Intangible Assets | 17.17M | 11.10M | 13.01M | 15.14M | 4.18M | 5.62M |
| Accrued Interest Receivable | 9.74M | 8.72M | 9.21M | 10.88M | 9.28M | 7.90M |
| Other Real Estate Owned & Foreclosed | 66.00K | 521.00K | 192.00K | 703.00K | 1.01M | |
| Other Long-Term Assets | 128.46M | 115.20M | 113.06M | 109.86M | 99.19M | 102.05M |
| Total Assets | 3.63B | 3.26B | 3.26B | 3.27B | 3.14B | 3.19B |
| Interest Bearing Deposits | 2.05B | 1.77B | 1.79B | 1.77B | 1.79B | 1.86B |
| Institutional Deposits | 16.36M | 22.39M | 18.59M | 15.21M | 27.14M | |
| Non-Interest Bearing Deposits | 974.26M | 896.25M | 883.50M | 931.92M | 872.17M | 842.78M |
| Total Deposits | 3.03B | 2.69B | 2.69B | 2.72B | 2.68B | 2.73B |
| Short-Term Borrowings | 2.44M | 1.21M | 906.00K | 1.12M | 1.87M | 1.54M |
| Current Portion of Leases | 136.00K | 2.02M | ||||
| Accrued Interest Payable | 57.09M | 570.00K | 880.00K | 556.00K | 159.00K | 314.00K |
| Long-Term Leases | 455.00K | 515.00K | 620.00K | 670.00K | ||
| Other Long-Term Liabilities | 71.39M | 41.28M | 40.63M | 32.07M | 33.48M | |
| Total Liabilities | 3.09B | 2.76B | 2.73B | 2.77B | 2.71B | 2.77B |
| Common Stock | 18.92M | 18.34M | 18.32M | 18.50M | 16.23M | 16.88M |
| Additional Paid-In Capital | 186.83M | 170.36M | 169.75M | 175.84M | 128.51M | 147.62M |
| Retained Earnings | 351.29M | 319.37M | 349.49M | 319.90M | 292.97M | 264.82M |
| Comprehensive Income & Other | -11.76M | -7.51M | -11.17M | -10.95M | -15.72M | -1.55M |
| Shareholders' Equity | 545.27M | 500.55M | 526.39M | 503.29M | 421.99M | 427.77M |
| Total Liabilities & Equity | 3.63B | 3.26B | 3.26B | 3.27B | 3.14B | 3.19B |
| Total Debt | 2.44M | 1.80M | 1.42M | 1.74M | 2.54M | 3.56M |
| Net Cash (Debt) | 499.91M | 510.44M | 376.03M | 114.68M | 168.30M | 673.88M |
| Net Cash Per Share | 26.54 | 27.73 | 20.40 | 6.36 | 10.16 | 38.72 |
| Filing Date Shares Outstanding | 18.92M | 19.08M | 18.33M | 18.47M | 16.23M | 16.81M |
| Total Common Shares Outstanding | 18.92M | 18.33M | 18.32M | 18.50M | 16.23M | 16.88M |
| Book Value Per Share | 28.83 | 27.30 | 28.73 | 27.20 | 26.01 | 25.34 |
| Tangible Book Value | 382.43M | 345.50M | 369.43M | 344.20M | 288.24M | 292.59M |
| Tangible Book Value Per Share | 20.22 | 18.84 | 20.16 | 18.60 | 17.76 | 17.34 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 48.79M | 51.60M | 48.02M | 46.66M | 51.17M | |
| Depreciation & Amortization | 5.66M | 6.48M | 5.68M | 5.60M | 5.92M | |
| Gain (Loss) on Sale of Assets | 3.00K | -815.00K | -189.00K | -2.43M | 499.00K | |
| Gain (Loss) on Sale of Investments | -1.00M | -998.00K | -2.45M | -261.00K | 454.00K | |
| Provision for Credit Losses | 72.00K | 3.60M | 7.99M | 6.57M | -8.47M | |
| Change in Other Net Operating Assets | -9.43M | -299.00K | 4.23M | 3.67M | 1.30M | |
| Other Operating Activities | 18.51M | 29.00K | 84.00K | 453.00K | 231.00K | |
| Operating Cash Flow | 62.74M | 57.74M | 61.83M | 59.02M | 48.22M | |
| Capital Expenditures | -2.74M | -2.81M | -2.77M | -1.16M | -3.04M | |
| Sale of Property, Plant and Equipment | 1.13M | 1.83M | 1.54M | 2.62M | ||
| Cash Acquisitions | 176.68M | |||||
| Investment in Securities | 42.94M | 111.36M | 48.46M | -243.59M | 5.23M | |
| Divestitures | -59.04M | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 99.11M | 152.94M | 64.54M | -236.62M | 27.47M | |
| Other Investing Activities | 29.00K | 850.00K | -877.00K | 1.52M | 1.01M | |
| Investing Cash Flow | 139.85M | 263.91M | 288.66M | -536.78M | 35.35M | |
| Short-Term Debt Issued | 308.00K | 572.00K | ||||
| Long-Term Debt Issued | 338.00K | |||||
| Total Debt Issued | 308.00K | 338.00K | 572.00K | |||
| Short-Term Debt Repaid | -213.00K | -755.00K | ||||
| Total Debt Repaid | -213.00K | -755.00K | ||||
| Net Debt Issued (Repaid) | 308.00K | -213.00K | -755.00K | 338.00K | 572.00K | |
| Issuance of Common Stock | 248.00K | 1.41M | 91.00K | 172.00K | 538.00K | |
| Repurchase of Common Stock | -1.85M | -8.72M | -23.04M | -21.31M | -28.88M | |
| Common Dividends Paid | -60.60M | -22.02M | -21.09M | -18.52M | -18.06M | |
| Total Dividends Paid | -60.60M | -22.02M | -21.09M | -18.52M | -18.06M | |
| Net Increase (Decrease) in Deposit Accounts | -5.92M | -31.08M | -360.12M | 10.48M | 183.14M | |
| Financing Cash Flow | -67.81M | -60.62M | -404.92M | -28.84M | 137.31M | |
| Net Cash Flow | 134.79M | 261.03M | -54.43M | -506.59M | 220.88M | |
| Free Cash Flow | 60.00M | 54.93M | 59.06M | 57.86M | 45.18M | |
| Free Cash Flow Margin | 35.84% | 33.85% | 37.58% | 40.39% | 31.10% | |
| Free Cash Flow Per Share | 3.26 | 2.98 | 3.28 | 3.49 | 2.60 | |
| Cash Interest Paid | 16.47M | 19.35M | 9.08M | 2.11M | 3.14M | |
| Cash Income Tax Paid | 9.85M | 13.38M | 11.78M | 7.59M | 14.40M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 904.19M | 617.76M | 761.63M | 687.68M | 550.04M | 568.71M |
| Last Close Price | 46.94 | 32.02 | 36.42 | 31.45 | 27.65 | 26.31 |
| PE Ratio | 14.42 | 12.66 | 14.76 | 14.32 | 11.79 | 11.12 |
| PS Ratio | 4.61 | 3.69 | 4.69 | 4.38 | 3.84 | 3.92 |
| PB Ratio | 1.63 | 1.23 | 1.45 | 1.37 | 1.30 | 1.33 |
| P/FCF Ratio | 20.52 | 10.30 | 13.87 | 11.64 | 9.51 | 12.59 |
| P/OCF Ratio | 19.00 | 9.85 | 13.19 | 11.12 | 9.32 | 11.79 |
| Debt / Equity Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Debt / FCF Ratio | 0.03 | 0.03 | 0.03 | 0.04 | 0.08 | |
| Net Debt / Equity Ratio | -0.92 | -1.02 | -0.71 | -0.23 | -0.40 | -1.57 |
| Net Debt / FCF Ratio | -8.51 | -6.84 | -1.94 | -2.91 | -14.92 | |
| Return on Equity (ROE) | 11.82% | 9.50% | 10.02% | 10.38% | 10.98% | 11.98% |
| Return on Assets (ROA) | 1.83% | 1.50% | 1.58% | 1.50% | 1.47% | 1.65% |
| Earnings Yield | 6.93% | 7.90% | 6.78% | 6.98% | 8.48% | 9.00% |
| FCF Yield | 4.87% | 9.71% | 7.21% | 8.59% | 10.52% | 7.94% |
| Dividend Yield | 4.94% | 3.68% | 2.89% | 3.12% | 3.36% | 3.15% |
| Payout Ratio | 68.78% | 124.20% | 42.66% | 43.92% | 39.68% | 35.29% |
| Buyback Yield / Dilution | -2.27% | 0.11% | -2.24% | -8.85% | 4.83% | 2.31% |
| Total Shareholder Return | 2.67% | 3.79% | 0.65% | -5.72% | 8.19% | 5.46% |