FIRST COMMUNITY BANKSHARES INC /VA/ Files DEF 14A

TL;DR

<b>FIRST COMMUNITY BANKSHARES INC /VA/ files a Definitive Proxy Statement (DEF 14A) on March 11, 2024.</b>

AI Summary

FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC) filed a Proxy Statement (DEF 14A) with the SEC on March 11, 2024. Filing type is DEF 14A, filed on 2024-03-11. Company name is FIRST COMMUNITY BANKSHARES INC /VA/. Central Index Key is 0000859070. Fiscal year end is December 31. SEC file number is 000-19297.

Why It Matters

For investors and stakeholders tracking FIRST COMMUNITY BANKSHARES INC /VA/, this filing contains several important signals. This filing is a DEF 14A, which typically relates to the solicitation of proxies for annual meetings, indicating potential shareholder votes on corporate matters. The filing date of March 11, 2024, suggests that the company is preparing for its annual shareholder meeting, which is usually held later in the year.

Risk Assessment

Risk Level: low — FIRST COMMUNITY BANKSHARES INC /VA/ shows low risk based on this filing. The filing is a routine DEF 14A, which does not contain specific financial performance data or forward-looking statements that would indicate significant risk.

Analyst Insight

Review the proxy statement for details on executive compensation, director nominations, and any shareholder proposals to understand key governance decisions.

Key Numbers

• 2024-03-11 — Filing Date (Date the DEF 14A was filed.)
• 2024-04-23 — Period of Report (The period the filing is conformed to.)
• 1231 — Fiscal Year End (The company's fiscal year ends on December 31.)
• 000-19297 — SEC File Number (The SEC file number assigned to the company.)
• 0000859070 — Central Index Key (The company's Central Index Key.)

Key Players & Entities

• FIRST COMMUNITY BANKSHARES INC /VA/ (company) — Filer name
• 0000859070 (company) — Central Index Key
• 000-19297 (regulator) — SEC File Number
• 2024-03-11 (date) — Filing date
• 2024-04-23 (date) — Conformed period of report
• VA (location) — State of incorporation and business address
• 3043236300 (phone) — Business phone number

FAQ

Industry Context

First Community Bankshares Inc. operates within the commercial banking sector, providing a range of financial services.

Regulatory Implications

This filing is a DEF 14A, which is a standard SEC filing for companies soliciting proxies for shareholder meetings under the Securities Exchange Act of 1934.

What Investors Should Do

1. Review the proxy statement for details on director nominees and their qualifications.
2. Examine the executive compensation disclosures to understand pay structures and incentives.
3. Identify any shareholder proposals and the company's recommended voting action.

Key Dates

• 2024-03-11: Filing Date — Indicates the date the DEF 14A was officially submitted to the SEC.
• 2024-04-23: Conformed Period of Report — Specifies the reporting period the filing is aligned with.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for proxy solicitations and does not provide comparative financial data from a previous filing.

Key Financial Figures

• $1.00 — rnet. Shares of common stock (par value $1.00 per share) ("Common Stock") represented

Filing Documents

• fcbc20231130_def14a.htm (DEF 14A) — 1241KB
• c001.jpg (GRAPHIC) — 34KB
• c002.jpg (GRAPHIC) — 27KB
• c003.jpg (GRAPHIC) — 27KB
• ceograph.jpg (GRAPHIC) — 147KB
• fcbproxy01.jpg (GRAPHIC) — 146KB
• fcbproxy02.jpg (GRAPHIC) — 181KB
• fcbproxy03.jpg (GRAPHIC) — 193KB
• fcbproxy04.jpg (GRAPHIC) — 121KB
• othergraph.jpg (GRAPHIC) — 147KB
• 0001437749-24-007286.txt (&nbsp;) — 4488KB
• fcbc-20231231.xsd (EX-101.SCH) — 10KB
• fcbc-20231231_def.xml (EX-101.DEF) — 13KB
• fcbc-20231231_lab.xml (EX-101.LAB) — 28KB
• fcbc-20231231_pre.xml (EX-101.PRE) — 14KB
• fcbc20231130_def14a_htm.xml (XML) — 221KB

From the Filing

fcbc20231130_def14a.htm Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 FIRST COMMUNITY BANKSHARES, INC. (Name of Registrant as Specified in Its Charter) Not Applicable (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Table of Contents NOTICE OF 2024 ANNUAL MEETING OF SHAREHOLDERS April 23, 2024, at 2:00 p.m. Eastern Daylight Time March 11, 2024 To First Community Bankshares, Inc. Shareholders: First Community Bankshares, Inc.'s Annual Meeting of Shareholders will be held at the First Community Bankshares, Inc. Corporate Center located at 29 College Drive, Bluefield, Virginia, 24605, at 2:00 p.m. Eastern Daylight Time on Tuesday, April 23, 2024. At the Annual Meeting shareholders will: Vote on the election of three (3) directors to serve as members of the Board of Directors, Class of 2027; Vote on a non-binding, advisory basis to approve the compensation of the Corporation's named executive officers; Vote on ratification of the selection of the independent registered public accounting firm for 2024; and Transact other business that may properly come before the meeting. Shareholders of record at the close of business on February 26, 2024, will be entitled to vote at the Annual Meeting and any adjournments. /s/Sarah W. Harmon Sarah W. Harmon Secretary Table of Contents IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON April 23, 2024 The proxy materials for this Annual Meeting of Shareholders of First Community Bankshares, Inc., consisting of the proxy statement, annual report, and proxy card are available online at www.firstcommunitybank.com under Investor Relations. All persons attending the 2024 Annual Meeting must present photo identification. Advance registration instructions for attending the 2024 Annual Meeting are set forth on page 48 of this proxy statement. These requirements must be followed if your shares are held for you by a bank, broker, or other institution. WHETHER OR NOT YOU ATTEND THE ANNUAL MEETING, YOUR VOTE IS IMPORTANT TO FIRST COMMUNITY BANKSHARES, INC. YOU MAY VOTE BY THE FOLLOWING METHODS: 1. By telephone: (800) 690-6903 until 11:59 p.m. Eastern Daylight Time on April 22, 2024; 2. On the Internet at http://www.proxyvote.com until 11:59 p.m. Eastern Daylight Time on April 22, 2024; or 3. If you requested printed copies of the proxy materials, complete, sign and return the enclosed proxy card as promptly as possible whether or not you plan to attend the Annual Meeting. An addressed return envelope is enclosed for your convenience. FIRST COMMUNITY BANKSHARES, INC. ENCOURAGES SHAREHOLDERS TO SUBMIT THEIR PROXIES IN ADVANCE OF THE ANNUAL MEETING. YOU MAY REVOKE YOUR PROXY AT ANY TIME PRIOR TO THE TIME IT IS VOTED. Table of Contents First Community Bankshares, Inc. 29 College Drive P. O. Box 989 Bluefield, Virginia 24605-0989 March 11, 2024 Dear Shareholder, You are invited to attend the 2024 Annual Meeting of Shareholders of First Community Bankshares, Inc. (the "Corporation") to be held on Tuesday, April 23, 2024, at 2:00 p.m. Eastern Daylight Time at the First Community Bankshares, Inc. Corporate Center located at 29 College Drive, Bluefield, Virginia. The Annual Meeting will begin with discussion and voting on the matters set forth in the accompanying Notice of Annual Meeting and discussion of other business matters properly brought before the meeting. If you plan to attend the Annual Meeting, please follow the registration instructions on the last page of this proxy statement. All persons attending the Annual Meeting must present photo identification. Advance registration instructions for attending the Annual Meeting are set forth on page 48 of this proxy statement. These requirements must be followed if your shares are held for you by a bank, broker, or other institution. Whether or not you plan to attend, please ensure that your shares are represented at the meeting by promptly voting and submitting your proxy by telephone, on the Internet, or, if you requested printed copies of the proxy materials, by completing, signing, dating, and returning your proxy card in the enclosed envelope. Very truly yours, /s/ William P. Stafford, II William P. Stafford

View Full Filing

View this DEF 14A filing on SEC EDGAR