First Community Bankshares, Inc. filings document the regulatory record for a Virginia financial holding company whose common stock trades on the NASDAQ Global Select Market under FCBC. Its Form 8-K reports cover operating results, dividend declarations, material events, capital-structure disclosures and exhibits such as earnings releases.
Proxy and shareholder-meeting filings describe board elections, advisory executive-compensation votes, auditor ratification and related governance matters. Other disclosures address completed corporate actions, including the Hometown Bancshares acquisition, investment-sale events affecting reported gains, and shareholder voting matters tied to the company’s common stock.
First Community Bankshares director C. William Davis reported an award of phantom stock tied to company shares. On February 4, 2026, 1,032 phantom stock units, each economically equivalent to one share of common stock at $39.76, were credited indirectly through the FCB Director Deferred Compensation Plan, bringing that balance to 5,805 units.
The filing also shows Davis beneficially owns 16,605 shares of common stock directly and 3,176 shares through an IRA. He holds stock options on 3,958 shares at $33 per share, vesting in three equal installments beginning March 31, 2022, and 928 restricted stock units scheduled to vest on May 28, 2026.
First Community Bankshares Inc. insider activity: Chief Risk Officer Derek A. Bonnett reported an indirect purchase of 501 shares of common stock on January 30, 2026 at $34.93 per share, held in his wife’s IRA.
After this transaction, he reports 1,917 common shares held directly and 1,331 common shares held indirectly through an Employee Stock Ownership & Savings Plan. He also reports direct holdings of restricted stock units representing 2,151, 1,667 and 1,888 shares, which vest between May 2026 and May 2028 based on performance criteria and continued employment, plus stock options for 977 shares at an exercise price of $33 expiring in March 2031.
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.
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.
First Community Bankshares, Inc. reported that shareholders of Hometown Bancshares, Inc. have voted to approve the planned merger of Hometown with and into First Community under a previously signed merger agreement dated July 19, 2025. Hometown has sent a letter to its shareholders confirming the vote, outlining procedural next steps, and describing a special dividend expected in January 2026. Completion of the merger still depends on approval from the Virginia State Corporation Commission Bureau of Financial Institutions and other customary closing conditions, and the companies currently expect the transaction to close in the first quarter of 2026.
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.
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.
First Community Bankshares filed a prospectus supplement to its S-4 merger materials and reported a key regulatory step for its acquisition of Hometown Bancshares. On November 6, 2025, the Federal Reserve Bank of Richmond approved the merger of Hometown’s Union Bank, Inc. into First Community Bank, and granted a waiver from filing an additional Bank Holding Company Act application.
The filing notes prior “no objection” from the West Virginia Division of Financial Institutions. The merger still requires approval from the Virginia State Corporation Commission Bureau of Financial Institutions, a vote of Hometown’s shareholders, and other customary conditions. The supplement also corrects the proxy disclosure to state that “Institution A” proposed a 100% cash transaction at a lower valuation than First Community’s indication of interest. First Community’s shares closed at $33.29 on November 11, 2025.
First Community Bankshares (FCBC) announced a regulatory milestone for its pending Hometown Bancshares merger. 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 an acquisition application under the Bank Holding Company Act.
The company also amended its proxy statement/prospectus to correct a disclosure: Institution A proposed a 100% cash transaction valuing Hometown at a lower level than First Community’s indication of interest. The merger still requires approval from the Virginia State Corporation Commission Bureau of Financial Institutions, Hometown shareholders, and other customary closing conditions. The S‑4 became effective on October 27, 2025, and proxy materials were mailed on October 28, 2025. Hometown shareholders who already voted do not need to vote again unless changing or revoking their prior vote.
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.