First Community Bankshares Inc (FCBC) company profile
Close on Nov 12, 2026Market cap $867.80MP/E 13.9Yield 9.39%
About First Community Bankshares
State Commercial Banks, SIC 6022
First Community Bankshares, Inc. operates as a financial institution offering banking, fiduciary, and lending solutions to individuals and businesses. The company provides deposit accounts, trust and fiduciary services, and various financial products. Its credit operations span multiple commercial and retail segments, including commercial and industrial lending, construction and land development loans, agricultural and farmland financing, multi-family housing, and non-farm non-residential real estate loans. Retail lending products encompass single-family residential owner-occupied mortgages, residential construction credit, home equity lines of credit, and general consumer loans.
The company maintains operational activities subject to state taxation in West Virginia and holds investments in Federal Home Loan Bank and Federal Reserve Bank stock. It manages designated portfolios across regional jurisdictions, serving corporate entities, agricultural operators, and retail banking clients. Corporate filings identify jurisdiction in Virginia.
Summary of the business section of First Community Bankshares's latest annual report, written by StockData.
Company profile
Company
- Legal name
- First Community Bankshares Inc
- Headquarters
- Bluefield, VA
- Address
- Po Box 989 24605
- Phone
- (304) 323-6300
- Website
- firstcommunitybank.com
- Employees
- 622, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Virginia
- Fiscal year ends
- December 31
- Auditor
- Crowe LLP, Washington, D.C.
Stock & identifiers
- Ticker
- FCBC
- Exchange
- Nasdaq
- IPO date
- Apr 8, 1994
- Shares outstanding
- 19M, Jul 31, 2026
- Public float
- $509.45M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 11-for-10, Jul 30, 2003; 11-for-10, Feb 27, 2002; 5-for-4, Apr 12, 1999; 5-for-4, Apr 13, 1998; 5-for-4, Apr 3, 1997
- SEC CIK
- 859070
- CUSIP
- 31983A103
- ISIN
- US31983A1034
- FIGI
- BBG000BNCR58
- Share class FIGI
- BBG001S9V627
- EIN
- 55-0694814
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Sarah W. Harmon | SVP & General Counsel | 10,135 |
| Gary R. Mills | President | 16,793 |
| William P. Stafford Ii | Chief Executive Officer | 219,935 |
| Derek A. Bonnett | Chief Risk Officer | 4,777 |
| David D. Brown | Chief Financial Officer | 19,929 |
| Jason R. Belcher | SVP-Chief Admin Officer | 23,814 |
| M. Adam Sarver | Director | 156,540 |
| C. William Davis | Director | 20,817 |
| Richard Scott Johnson | Director | 56,309 |
| Harriet B. Price | Director | 2,426 |
| Beth Ann Taylor | Director | 31,672 |
| Samuel L. Elmore | Director | 19,864 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.12M | $1.03M | $896.66K | $195 | $167 |
| FY2024 | $855.79K | $888.65K | $704.18K | $162 | $120 |
| FY2023 | $1.20M | $956.25K | $777.52K | $142 | $129 |
| FY2022 | $970.49K | $942.52K | $756.51K | $123 | $100 |
| FY2021 | $691.00K | $702.13K | $525.40K | $117 | $107 |
| FY2020 | $867.48K | $726.81K | $636.69K | $73 | $77 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| William P. Stafford, II Chief Executive Officer | $499.61K | $146.04K | $316.02K | $160.83K | $1.12M | +31% |
| Gary R. Mills President | $665.94K | $194.68K | $421.36K | $156.43K | $1.44M | +24% |
| David D. Brown Chief Financial Officer | $349.92K | $88.90K | $221.43K | $73.73K | $733.97K | +28% |
| Jason R. Belcher Chief Operating Officer | $349.92K | $88.90K | $221.43K | $50.58K | $710.83K | +25% |
| Sarah W. Harmon Chief Administrative Officer, General Counsel, and Corporate Secretary | $349.92K | $88.90K | $221.43K | $43.22K | $703.46K | +36% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 622 full-time employees and 28 part-time employees.”
Corporate history
Events identified from SEC filings
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