Welcome to our dedicated page for First Cmnty Bankshares Va SEC filings (Ticker: FCBC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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, Inc. has filed a Form S-4 for a stock-for-stock merger with Hometown Bancshares, Inc., where each Hometown share will be converted into 11.706 shares of First Community common stock, with cash paid instead of fractional shares. Based on First Community’s $40.33 closing price on July 18, 2025, this implied about $472.10 of merger value per Hometown share, though the actual value will change with First Community’s share price. The exchange ratio can be adjusted downward if Hometown’s adjusted shareholders’ equity falls below $29.25 million, and Hometown has a limited right to terminate if First Community’s share price and relative index performance weaken beyond set thresholds. Pro forma, Hometown shareholders are expected to own about 5.3% of First Community after closing, with existing First Community shareholders holding about 94.7%. The deal is intended to be tax-free as a reorganization, includes appraisal rights for most Hometown shareholders, and is supported unanimously by Hometown’s board, which obtained a fairness opinion from Hovde Group.
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.