First Community Bankshares (NASDAQ: FCBC) is a Virginia-based financial holding company that provides banking products and services to individual and commercial customers through its wholly owned subsidiary First Community Bank, a Virginia-chartered institution founded in 1874. Revenue comes primarily from net interest income, the spread between interest earned on loans and securities and interest paid on deposits, supplemented by noninterest income from service charges, fees, and wealth management. The company is headquartered in Bluefield, Virginia and operates as a community bank across Virginia, West Virginia, North Carolina, and Tennessee. As of December 31, 2025, the Bank operated 52 branches across those four states, with a further eight West Virginia branches added through the January 23, 2026 acquisition of Hometown Bancshares, bringing the total to 60 branches. Net interest income was $124.6 million in FY2025, with a net interest margin of 4.42%. Total noninterest income was $42.9 million in FY2025. Net income was $48.8 million, or $2.65 per diluted share, in FY2025. The holding company was founded in 1989 and is reincorporated under Virginia law.

Revenue model

Net interest income from the spread on loans and interest-bearing deposits, plus noninterest income including service charges on deposits ($16.8 million FY2025), other service charges and fees ($15.0 million FY2025), wealth management fees ($4.9 million FY2025), and other operating income ($6.2 million FY2025).

Products and services

Commercial and retail banking products and services, deposit accounts, loans, wealth management and investment advisory services through the Trust Division and First Community Wealth Management subsidiary.

Customers and end markets

Individual retail customers and commercial customers across community banking markets in Virginia, West Virginia, North Carolina, and Tennessee.

Value-chain role

Community bank and financial holding company; deposit-taking and loan origination at the retail and commercial level, with in-house trust and wealth management.

Geographic exposure

Virginia (23 branches as of December 31, 2025), West Virginia (17 branches as of December 31, 2025, plus 8 added via Hometown Bancshares acquisition closing January 23, 2026), North Carolina (10 branches as of December 31, 2025), Tennessee (2 branches as of December 31, 2025). Headquarters: Bluefield, Virginia.

Source: SEC 10-K, filed 2026-03-06

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