First Community Bankshares Files 8-K
Ticker: FCBC · Form: 8-K · Filed: Jan 28, 2025 · CIK: 859070
Sentiment: neutral
Topics: financial-reporting, 8-k
Related Tickers: FCBC
TL;DR
FCBC filed an 8-K on Jan 28, 2025, with financial updates. Check it out.
AI Summary
First Community Bankshares, Inc. (FCBC) filed an 8-K on January 28, 2025, reporting on its results of operations and financial condition. The filing also included other events and financial statements and exhibits. The company is incorporated in Virginia and its fiscal year ends on December 31.
Why It Matters
This 8-K filing provides an update on the company's financial performance and operational events, which is crucial for investors to assess the bank's current health and future prospects.
Risk Assessment
Risk Level: low — This is a routine 8-K filing for financial reporting and does not indicate any unusual or significant risks.
Key Players & Entities
- FIRST COMMUNITY BANKSHARES, INC. (company) — Registrant
- FCBC (company) — Ticker Symbol
- Virginia (state) — State of Incorporation
- January 28, 2025 (date) — Date of Report
FAQ
What specific financial results are being reported in this 8-K?
The filing indicates it covers 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.
What 'Other Events' are being reported?
The filing mentions 'Other Events' as a category but does not detail what those events are in the provided text.
When is First Community Bankshares' fiscal year end?
The fiscal year end for First Community Bankshares is December 31.
What is the company's principal executive office address?
The principal executive offices are located at P.O. Box 989, Bluefield, Virginia, 24605-0989.
What is the Commission File Number for this registrant?
The Commission File Number for First Community Bankshares, Inc. is 000-19297.
Filing Stats: 680 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2025-01-28 16:42:27
Key Financial Figures
- $1.00 — nge on which registered Common Stock ($1.00 par value) FCBC NASDAQ Global Selec
- $0.31 — ommon shareholders of thirty-one cents, $0.31 per common share, payable on or about F
- $2.07 — cash dividend to common shareholders of $2.07 per common share. This special cash di
Filing Documents
- fcbc20241231_8k.htm (8-K) — 29KB
- ex_761514.htm (EX-99.1) — 739KB
- ex_505116img001.jpg (GRAPHIC) — 7KB
- 0001437749-25-002031.txt ( ) — 948KB
- fcbc-20250128.xsd (EX-101.SCH) — 3KB
- fcbc-20250128_def.xml (EX-101.DEF) — 11KB
- fcbc-20250128_lab.xml (EX-101.LAB) — 15KB
- fcbc-20250128_pre.xml (EX-101.PRE) — 11KB
- fcbc20241231_8k_htm.xml (XML) — 3KB
02
Item 2.02 Results of Operations and Financial Condition. On January 28, 2025, First Community Bankshares, Inc. (the "Company") announced by press release its earnings for the fourth quarter of 2024. A copy of the press release is attached hereto as Exhibit 99.1.
01
Item 8.01 Other Events. On January 28, 2025, the Company announced by press release its quarterly cash dividend to common shareholders of thirty-one cents, $0.31 per common share, payable on or about February 28, 2025, to shareholders of record on February 14, 2025. Additionally, the Board of Directors declared a special cash dividend to common shareholders of $2.07 per common share. This special cash dividend is also payable on February 28, 2025, to shareholders of record February 14, 2025, and may not be indicative of special cash dividend activity in the future. A copy of the press release is attached hereto as Exhibit 99.1.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) The following exhibit is included with this report: Exhibit No. Exhibit Description 99.1 104 Earnings release dated January 28, 2025. Cover Page Interactive Data File (formatted as Inline XBRL).
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements. These forward-looking statements are based on current expectations that involve risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may differ materially. These risks include: changes in business or other market conditions; the timely development, production and acceptance of new products and services; the challenge of managing asset/liability levels; the management of credit risk and interest rate risk; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the Company's Securities and Exchange Commission reports, including but not limited to the Annual Report on Form 10-K for the most recent year ended. Pursuant to the Private Securities Litigation Reform Act of 1995, the Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIRST COMMUNITY BANKSHARES, INC. Date: January 28, 2025 By: /s/ David D. Brown David D. Brown Chief Financial Officer