First Community Bankshares Files 2024 10-K
Ticker: FCBC · Form: 10-K · Filed: Mar 7, 2025 · CIK: 859070
Sentiment: neutral
Topics: 10-K, financials, banking
TL;DR
FCBC 2024 10-K filed: $27.6B assets, $18.3B liabilities. Bank's financials detailed.
AI Summary
First Community Bankshares Inc. /VA/ filed its 2024 10-K on March 7, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company, based in Bluefield, VA, operates in the commercial banking sector. Key financial figures include total assets of $27.599 billion and total liabilities of $18.321 billion for the reported period.
Why It Matters
This filing provides a comprehensive overview of First Community Bankshares' financial health and operational performance for the past fiscal year, crucial for investors and stakeholders to assess the company's stability and future prospects.
Risk Assessment
Risk Level: low — The filing is a standard annual report for a publicly traded company, indicating routine financial disclosure rather than immediate or unusual risk.
Key Numbers
- $27.6B — Total Assets (As of December 31, 2024)
- $18.3B — Total Liabilities (As of December 31, 2024)
- 1.12 — Earnings Per Share (Basic) (For the fiscal year 2024)
- 30.18 — Return on Average Assets (For the fiscal year 2024)
Key Players & Entities
- FIRST COMMUNITY BANKSHARES INC /VA/ (company) — Filer of the 10-K
- 20241231 (date) — Fiscal year end
- 20250307 (date) — Filing date
- BLUEFIELD (location) — Company headquarters
- $27,599,240 (dollar_amount) — Total assets
- $18,321,795 (dollar_amount) — Total liabilities
FAQ
What were the total revenues for First Community Bankshares in fiscal year 2024?
The filing indicates total revenues were $1.12 for basic earnings per share and $1.16 for diluted earnings per share, but does not explicitly state total revenue in a single figure.
What is the company's primary business activity?
First Community Bankshares Inc. /VA/ operates in the 'STATE COMMERCIAL BANKS' sector, SIC code 6022.
When was the company formerly known as FCFT INC?
The company changed its name from FCFT INC on March 28, 1993.
What is the company's mailing address?
The mailing address is 29 COLLEGE DRIVE, P O BOX 989, BLUEFIELD, VA 24605.
What was the company's net income for the fiscal year 2024?
The filing shows basic earnings per share of $1.12 and diluted earnings per share of $1.16, but does not provide a specific net income figure.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 7, 2025 regarding FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC).