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First Community Bankshares, Inc. (VA) 8-K Filings

FCBC NASDAQ

Every 8-K that First Community Bankshares, Inc. (VA) (FCBC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow FCBC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FCBC filings page.

Rhea-AI Summary

First Community Bankshares, Inc. reported record second‑quarter 2026 net income of $22.51 million, or $1.19 per diluted share, for the quarter ended June 30, 2026. Net income for the first six months of 2026 was $34.54 million, or $1.82 per diluted share, up 43.54% from the prior‑year period.

Results included a $10.39 million pre‑tax gain on the sale of the Company’s stake in Bearing Insurance; excluding this and other items, adjusted net income was $14.38 million with adjusted diluted EPS of $0.76. Net interest margin was 4.38% and net interest spread 4.06%, supporting a 13.87% increase in tax‑equivalent net interest income on 13.52% higher average earning assets. Consolidated assets totaled $3.61 billion, nonperforming assets declined to $17.15 million, and book value per share rose to $28.52. The board declared a $0.33 quarterly cash dividend, up $0.02, or 6.45%, payable August 21, 2026 to shareholders of record on August 7, 2026, marking the 41st consecutive year of regular dividends.

Rhea-AI Summary

First Community Bankshares, Inc. reported that Bearing Insurance Group, LLC, in which it owned 11 units, was sold to BroadStreet Partners Group, LLC on May 1, 2026. The company expects to record an estimated pre-tax gain of approximately $10 million from this transaction.

Rhea-AI Summary

First Community Bankshares, Inc. reported results of its annual shareholders’ meeting held on April 28, 2026. As of the February 27, 2026 record date, there were 19,075,028 issued and outstanding shares of common stock, and 64.89% of the shares entitled to vote were represented in person or by proxy.

Shareholders elected Gary R. Mills (9,514,305 votes for, 236,148 withheld) and M. Adam Sarver (7,902,368 for, 1,848,085 withheld) as directors to serve until the 2029 annual meeting. They approved, on a non-binding advisory basis, the Company’s executive compensation with 9,446,382 votes for, 247,931 against, and 56,140 abstentions.

On the non-binding advisory vote regarding the frequency of future say-on-pay votes, 8,612,739 votes favored holding the advisory vote every 1 year, compared with 10,080 for 2 years and 970,211 for 3 years. Shareholders also ratified the appointment of Crowe LLP as the independent registered public accounting firm for 2026, with 11,887,671 votes for, 468,263 against, and 22,112 abstentions.

Rhea-AI Summary

First Community Bankshares, Inc. reported first quarter 2026 net income of $12.03 million, or $0.63 per diluted share. Excluding merger-related and other non-recurring expenses, adjusted net income was $13.83 million, or $0.73 per diluted share, a 17.02% increase from the same period in 2025.

Net interest margin remained strong at 4.37%, while tax-equivalent net interest income rose $3.05 million, or 10.02%, driven by a $263.04 million increase in average earning assets and lower funding costs. Noninterest income grew about $1.23 million, or 12.00%, but noninterest expense rose $3.79 million, or 15.21%, largely due to $2.31 million of merger expenses and higher salaries and benefits.

The Company completed the acquisition of Hometown Bancshares, Inc., adding $393.81 million in assets and increasing consolidated assets to $3.64 billion as of March 31, 2026. It also repurchased 504,652 common shares for $20.33 million. The board declared a quarterly cash dividend of $0.31 per common share, payable May 29, 2026, to shareholders of record on May 15, 2026.

Rhea-AI Summary

First Community Bankshares, Inc. filed a current report describing two key updates. The company announced by press release its earnings for the fourth quarter of 2025, with full financial details provided in an attached earnings release labeled as Exhibit 99.1.

The company also declared a quarterly cash dividend of $0.31 per common share, payable on or about February 27, 2026 to shareholders of record on February 13, 2026. This continues returning cash to common shareholders while it reports year-end 2025 performance.

Rhea-AI Summary

First Community Bankshares, Inc. completed its previously announced merger with Hometown Bancshares, Inc. effective as of 5:01 p.m. on January 23, 2026. Hometown was merged into First Community, and immediately afterward Union Bank, Inc., Hometown’s wholly owned bank subsidiary, merged into First Community Bank, the bank subsidiary of First Community.

Each outstanding share of Hometown common stock was converted into the right to receive 11.706 shares of First Community common stock, plus cash, without interest, instead of any fractional shares. Outstanding Hometown stock appreciation rights (other than certain rights unvested as of January 1, 2025) and dividend equivalent rights became fully vested, were canceled, and holders received or will receive lump-sum cash payments from First Community within ten business days of the effective time, based on formulas tied to the Average Closing Price, the Exchange Ratio, and award terms. Certain unvested stock appreciation rights as of January 1, 2025 were assumed by First Community. The company also noted that there were no material relationships between First Community and Hometown other than in respect of the merger and that it issued a press release on January 26, 2026 announcing completion of the transaction.

Rhea-AI Summary

First Community Bankshares, Inc. reported that Hometown Bancshares, Inc. shareholders have voted to approve the planned merger of Hometown with and into First Community under a merger agreement dated July 19, 2025. Hometown has sent a letter to its shareholders confirming the affirmative vote, outlining procedural next steps, and discussing a special dividend expected in January 2026. Completion of the merger still requires approval from the Virginia State Corporation Commission Bureau of Financial Institutions and satisfaction of other customary closing conditions, and the parties currently expect the transaction to close in the first quarter of 2026.

Rhea-AI Summary

First Community Bankshares, Inc. announced a special cash dividend of $1.00 per common share for its common shareholders. The dividend is payable on or about January 16, 2026 to shareholders of record on January 2, 2026, meaning investors must own the stock by that record date to receive the payment. The company states that this special dividend is based on its performance through the first three quarters of 2025 and may not indicate that similar special dividends will occur in the future. A related press release is being provided as an exhibit.

Rhea-AI Summary

First Community Bankshares (FCBC) reported key regulatory progress on its Hometown merger and corrected a disclosure in its proxy materials. On November 6, 2025, the Federal Reserve Bank of Richmond approved the merger of Union Bank, Inc. into First Community Bank and granted a waiver from filing a Bank Holding Company Act application for First Community’s acquisition of Hometown Bancshares.

The West Virginia Division of Financial Institutions previously issued no objection. The merger and related bank merger still require approval from the Virginia State Corporation Commission Bureau of Financial Institutions, a vote of Hometown shareholders, and other customary conditions.

FCBC also amended its S-4 proxy statement/prospectus to correct a description of an alternative indication of interest: the revised disclosure states that “Institution A proposed a 100% cash transaction and valued Hometown at a lower valuation than the terms of First Community’s indication of interest.” Hometown sent a shareholder letter on November 12, 2025 regarding this correction.

Rhea-AI Summary

First Community Bankshares, Inc. (FCBC) announced by press release its earnings for the third quarter of 2025 and declared a quarterly cash dividend of $0.31 per common share.

The dividend is payable on or about November 28, 2025, to shareholders of record on November 14, 2025. The earnings release is provided as Exhibit 99.1.

Rhea-AI Summary

First Community Bankshares (NASDAQ: FCBC) signed an all-stock Agreement and Plan of Merger on 19-Jul-25 to acquire Hometown Bancshares, parent of Union Bank, for approximately $41.5 million. Each Hometown share will be converted into 11.706 FCBC shares (worth $472.10 based on FCBC’s 18-Jul-25 close of $40.33); the ratio will be reduced if Hometown’s adjusted equity drops below $29.25 million. Fractional shares will be settled in cash.

Hometown contributes $402.3 million in assets, $175.7 million in loans and $365.7 million in deposits as of 30-Jun-25 across eight West Virginia branches. The deal is intended as a tax-free reorganisation; following closing, Union Bank will merge into First Community Bank.

Targeted closing is 1Q 2026, contingent on Hometown shareholder approval, listing of new FCBC shares, Federal Reserve, Virginia SCC and West Virginia approvals, effectiveness of a Form S-4 (to be filed within 60 days) and other customary conditions.

Termination rights include a 31-May-26 outside date. Under certain scenarios Hometown must pay FCBC a $2 million breakup fee. Directors holding ~17.1 % of Hometown stock have signed voting support agreements, increasing deal certainty.