2014 Q2 Form 10-Q Financial Statement

#000119312514303003 Filed on August 08, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $26.09M $27.41M
YoY Change -4.81% 13.36%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.250M $1.420M
YoY Change -11.97% 24.56%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $4.025M $4.550M
YoY Change -11.54% -3.15%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $10.23M $7.972M
YoY Change 28.32% 31.23%
Income Tax $3.223M $2.537M
% Of Pretax Income 31.51% 31.82%
Net Earnings $7.007M $5.435M
YoY Change 28.92% 33.28%
Net Earnings / Revenue 26.85% 19.83%
Basic Earnings Per Share $0.37 $0.26
Diluted Earnings Per Share $0.36 $0.26
COMMON SHARES
Basic Shares Outstanding 18.40M shares 20.00M shares
Diluted Shares Outstanding 19.46M shares 21.21M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $96.78M $82.12M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $59.15M $64.09M
YoY Change -7.71% 5.4%
Goodwill $105.7M $104.9M
YoY Change 0.73%
Intangibles $2.512M $3.159M
YoY Change -20.48%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.575B $2.651B
YoY Change -2.84% -5.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $23.60M $23.00M
YoY Change 2.61% 2.22%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $120.2M $121.2M
YoY Change -0.83% -18.33%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $23.60M $23.00M
YoY Change 2.61% 2.22%
LONG-TERM LIABILITIES
Long-Term Debt $16.10M $15.90M
YoY Change 1.26% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $16.10M $15.90M
YoY Change 1.26% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.60M $23.00M
Total Long-Term Liabilities $16.10M $15.90M
Total Liabilities $2.233B $2.299B
YoY Change -2.87% -6.88%
SHAREHOLDERS EQUITY
Retained Earnings $133.7M $120.3M
YoY Change 11.15%
Common Stock $20.50M $20.45M
YoY Change 0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost) $35.80M $7.763M
YoY Change 361.12%
Treasury Stock Shares 2.096M shares 386.0K shares
Shareholders Equity $342.5M $351.9M
YoY Change
Total Liabilities & Shareholders Equity $2.575B $2.651B
YoY Change -2.84% -5.68%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $7.007M $5.435M
YoY Change 28.92% 33.28%
Depreciation, Depletion And Amortization $1.250M $1.420M
YoY Change -11.97% 24.56%
Cash From Operating Activities $13.10M $8.960M
YoY Change 46.21% 10.34%
INVESTING ACTIVITIES
Capital Expenditures -$670.0K -$530.0K
YoY Change 26.42% -20.9%
Acquisitions
YoY Change
Other Investing Activities $51.53M -$30.63M
YoY Change -268.23% -117.84%
Cash From Investing Activities $50.88M -$31.16M
YoY Change -263.29% -118.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -46.20M -62.72M
YoY Change -26.34% -52.69%
NET CHANGE
Cash From Operating Activities 13.10M 8.960M
Cash From Investing Activities 50.88M -31.16M
Cash From Financing Activities -46.20M -62.72M
Net Change In Cash 17.78M -84.92M
YoY Change -120.94% -282.39%
FREE CASH FLOW
Cash From Operating Activities $13.10M $8.960M
Capital Expenditures -$670.0K -$530.0K
Free Cash Flow $13.77M $9.490M
YoY Change 45.1% 7.96%

Facts In Submission

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us-gaap Net Change Interest Bearing Deposits Domestic
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us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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230000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
349000
us-gaap Other Comprehensive Income Loss Tax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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us-gaap Available For Sale Securities Gross Realized Losses
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us-gaap Dividends Preferred Stock Cash
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us-gaap Impaired Financing Receivable Average Recorded Investment
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30716000
us-gaap Number Of Operating Segments
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1 Segment
us-gaap Real Estate Owned Valuation Allowance Period Increase Decrease
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559000
us-gaap Interest Expense Deposits
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4645000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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45033000
us-gaap Proceeds From Sale Of Available For Sale Securities
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104279000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
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43905000
us-gaap Share Based Compensation
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98000
us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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6995000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
10354000
fcbc Loans To Finance Purchase Of Real Estate
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3011000
fcbc Portion Of Loss Recognized In Other Comprehensive Income
PortionOfLossRecognizedInOtherComprehensiveIncome
fcbc Fdic Indemnification Reimbursable Expenses Accrued
FdicIndemnificationReimbursableExpensesAccrued
491000
fcbc Interest Income Recognized On Loan Restructurings
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217000
fcbc Provision For Recovery Of Loan And Lease Losses
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5148000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.65
dei Document Type
DocumentType
10-Q
dei Entity Registrant Name
EntityRegistrantName
FIRST COMMUNITY BANCSHARES INC /NV/
dei Trading Symbol
TradingSymbol
FCBC
us-gaap Net Cash Provided By Used In Continuing Operations
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26132000
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30.00
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dei Entity Filer Category
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Accelerated Filer
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2014-06-30
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--12-31
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2014
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2 Contract
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Q2
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us-gaap Preferred Stock Redemption Date
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2016-05-20
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Reclassifications and Corrections</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> Certain amounts reported in prior years have been reclassified to conform to the current year&#x2019;s presentation. These reclassifications had no effect on the Company&#x2019;s results of operations, financial position, or cash flow.</p> </div>
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13433 shares
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554 shares
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28000
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2102000
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19035000
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15810000
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41021000
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44093000
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2221000
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462000
us-gaap Allowance For Loan And Lease Losses Loans Acquired
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2731000
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8415000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8003000
us-gaap Noninterest Income
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14838000
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77000
us-gaap Fees And Commissions Depositor Accounts
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6493000
us-gaap Fdic Indemnification Asset Cash Payments Received
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2218000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
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-1649000
us-gaap Payments For Proceeds From Loans And Leases
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58551000
us-gaap Other Operating Income
OtherOperatingIncome
2182000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
12677000
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OtherComprehensiveIncomeLossBeforeTax
12837000
us-gaap Gain Loss On Sale Of Property Plant Equipment
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79000
us-gaap Fdic Indemnification Asset Net Write Offs
FDICIndemnificationAssetNetWriteOffs
2070000
us-gaap Stock Issued During Period Value Stock Options Exercised
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9000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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202000
us-gaap Payments Of Dividends Common Stock
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4415000
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3418000
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-14000
us-gaap Gain Loss On Sales Of Loans Net
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351000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
20735000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
11927000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
31000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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18516000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
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190000
us-gaap Fees And Commissions Fiduciary And Trust Activities
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1726000
us-gaap Fees And Commissions Other
FeesAndCommissionsOther
3621000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2148000
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52176000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
866000
us-gaap Net Income Loss Available To Common Stockholders Basic
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12277000
us-gaap Net Income Loss
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12732000
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3634000
us-gaap Increase Decrease In Federal Funds Purchased
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16000000
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us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Disposals Of Loans
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1513000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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115000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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455000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
129000
us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
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46244000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
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272000
us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
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4138000
us-gaap Available For Sale Securities Gross Realized Gains
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1511000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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1104000
us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
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90000
us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications To From Nonaccretable Difference
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12139000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-160000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
4834000
us-gaap Interest Expense
InterestExpense
8083000
us-gaap Provision For Loan Lease And Other Losses
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3072000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
4001000
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2399000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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1000
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8976000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
19948000
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent Availableforsale Securities
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-218000
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
455000
us-gaap Provision For Loan And Lease Losses
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341000
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
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190000
us-gaap Treasury Stock Value Acquired Cost Method
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2148000
us-gaap Amortization Of Intangible Assets
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353000
us-gaap Cash And Cash Equivalents Period Increase Decrease
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40214000
us-gaap Depreciation Nonproduction
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2193000
us-gaap Federal Deposit Insurance Corporation Premium Expense
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892000
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
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1085000
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18454000
us-gaap Income Tax Expense Benefit
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5784000
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18191000
us-gaap Noninterest Expense
NoninterestExpense
37343000
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5764000
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4415000
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3356000
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1318000
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7189000
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1085000
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645000
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518000
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1851000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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62878000
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486000
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9000
us-gaap Provision For Loan Losses Expensed
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2070000
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985000
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us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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518000
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15460000
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412000
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1525000
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27430000
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us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
518000
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30696000
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ProceedsFromSaleOfAvailableForSaleSecurities
101799000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
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16585000
us-gaap Share Based Compensation
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us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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2897000
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10395000
fcbc Severity Rate Reduction Period
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P30M
fcbc Loans To Finance Purchase Of Real Estate
LoansToFinancePurchaseOfRealEstate
238000
fcbc Number Of Loan Portfolio Segments
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3 Segment
fcbc Portion Of Loss Recognized In Other Comprehensive Income
PortionOfLossRecognizedInOtherComprehensiveIncome
fcbc Fdic Indemnification Reimbursable Expenses Accrued
FdicIndemnificationReimbursableExpensesAccrued
287000
fcbc Interest Income Recognized On Loan Restructurings
InterestIncomeRecognizedOnLoanRestructurings
278000
fcbc Schedule Of Amortized Cost And Estimated Fair Value Of Securities Available For Sale And Securities Held To Maturity Textblock
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt"> The following table presents the amortized cost and fair value of available-for-sale securities and held-to-maturity securities, by contractual maturity, as of June&#xA0;30, 2014. Actual maturities could differ from contractual maturities because issuers may have the right to call or prepay obligations with or without penalties.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="76%" align="center" border="0"> <tr> <td width="78%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom"><i>(Amounts in thousands)</i></td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Amortized<br /> Cost</b></td> <td valign="bottom">&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Fair Value</b></td> <td valign="bottom">&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <b>Available-for-sale securities</b></p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Due within one year</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,689</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,697</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Due after one year but within five years</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">9,397</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">9,640</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Due after five years but within ten years</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">45,138</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">46,079</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Due after ten years</p> </td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">156,110</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">149,559</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">212,334</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">206,975</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Mortgage-backed securities</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">194,516</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">190,398</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Equity securities</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">752</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">1,052</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 5em; TEXT-INDENT: -1em"> Total</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">407,602</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">398,425</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <b>Held-to-maturity securities</b></p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Due within one year</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">190</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">192</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Due after one year but within five years</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">19,208</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">&#xA0;</td> <td valign="bottom" align="right">19,211</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Due after five years but within ten years</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Due after ten years</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap">&#xA0;</td> <td valign="bottom" nowrap="nowrap" align="right"> &#x2014;&#xA0;&#xA0;</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 5em; TEXT-INDENT: -1em"> Total</p> </td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">19,398</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&#xA0;&#xA0;</font></td> <td valign="bottom">$</td> <td valign="bottom" align="right">19,403</td> <td valign="bottom" nowrap="nowrap">&#xA0;&#xA0;</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> </div>
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-3072000
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0
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3315000
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113000
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-24000
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113000
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219000
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1141000
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4185000
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3950000
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FeesAndCommissionsDepositorAccounts
3423000
CY2014Q2 us-gaap Fdic Indemnification Asset Cash Payments Received
FDICIndemnificationAssetCashPaymentsReceived
1075000
CY2014Q2 us-gaap Other Operating Income
OtherOperatingIncome
1408000
CY2014Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
6270000
CY2014Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
6336000
CY2014Q2 us-gaap Fdic Indemnification Asset Net Write Offs
FDICIndemnificationAssetNetWriteOffs
936000
CY2014Q2 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
1454000
CY2014Q2 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
-59000
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10957000
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
6221000
CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
2000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
10230000
CY2014Q2 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
60000
CY2014Q2 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
718000
CY2014Q2 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
1850000
CY2014Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
26093000
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6780000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
7007000
CY2014Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1537000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
64000
CY2014Q2 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
23410000
CY2014Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
159000
CY2014Q2 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
1288000
CY2014Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
757000
CY2014Q2 us-gaap Interest Expense
InterestExpense
4025000
CY2014Q2 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
1785000
CY2014Q2 us-gaap Equipment Expense
EquipmentExpense
1205000
CY2014Q2 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
8588000
CY2014Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
10043000
CY2014Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAvailableforsaleSecurities
264000
CY2014Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
227000
CY2014Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
138000
CY2014Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
178000
CY2014Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
458000
CY2014Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
137000
CY2014Q2 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
16563000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3223000
CY2014Q2 us-gaap Noninterest Expense
NoninterestExpense
18163000
CY2014Q2 us-gaap Occupancy Net
OccupancyNet
1578000
CY2014Q2 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
137000
CY2014Q2 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
645000
CY2014Q2 us-gaap Impairment Of Investments
ImpairmentOfInvestments
254000
CY2014Q2 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
254000
CY2014Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1279000
CY2014Q2 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
1707000
CY2014Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
483000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-59000
CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-66000
CY2014Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2386000
CY2014Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
235000
CY2014Q2 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
1347000
CY2014Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
25151000
CY2014Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1835000
CY2014Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
-254000
CY2014Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
254000
CY2014Q2 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
1028000
CY2014Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
4701000
CY2014Q2 fcbc Portion Of Loss Recognized In Other Comprehensive Income
PortionOfLossRecognizedInOtherComprehensiveIncome
CY2014Q2 fcbc Fdic Indemnification Reimbursable Expenses Accrued
FdicIndemnificationReimbursableExpensesAccrued
137000
CY2014Q2 fcbc Interest Income Recognized On Loan Restructurings
InterestIncomeRecognizedOnLoanRestructurings
129000
CY2014Q2 fcbc Provision For Recovery Of Loan And Lease Losses
ProvisionForRecoveryOfLoanAndLeaseLosses
-1279000
CY2014Q2 fcbc Provision Benefit For Loan Losses
ProvisionBenefitForLoanLosses
-138000

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