First Community Bankshares(NASDAQ) FCBC

First Community Bankshares, Inc. helps people and businesses save and borrow money. It provides home loans and business accounts for regional customers. The company also manages retirement plans and wealth for families.

Banking and Wealth Services

• Commercial Banking: Loans for business operations and real estate development; serves sectors like healthcare and manufacturing.
• Consumer Lending: Residential mortgages and personal credit lines for individuals and families.
• Wealth Management: Trust administration and investment advisory services; managed $1.83 billion in combined assets as of June 30, 2026.
• Deposit Accounts: Checking, savings, and certificates of deposit that provide the primary funding for bank activities.

Growing the Regional Footprint

• Completed the merger with Hometown Bancshares, Inc. on Jan. 23, 2026.
• Sold its ownership interest in Bearing Insurance during the second quarter of 2026.
• Expanded the branch network to 61 locations across Virginia, West Virginia, North Carolina, and Tennessee by June 30, 2026.

Deep Roots in Local Markets

First Community operates 61 branches across four states in the Appalachian region. It supports diverse local industries like healthcare and natural gas extraction while funding its activities through customer deposits.

Record-Breaking Quarterly Results

• Net income was $22.51 million in the second quarter of 2026, up 83.84% year over year.
• Adjusted net income was $14.38 million in the second quarter of 2026, up 17.47% year over year.
• Consolidated assets were $3.61 billion as of June 30, 2026.
• Book value per share was $28.52 as of June 30, 2026, up 4.47% from the end of 2025.

Bottom Line

First Community has grown into a larger regional institution through the recent integration of Hometown Bancshares. The company has combined acquisition-driven growth with record profitability while maintaining a strong capital base.