First Community Bancshares

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First Community Bancshares is a financial holding company headquartered in Bluefield, Virginia. It was founded in 1952 and is publicly traded on the NASDAQ stock exchange under the ticker symbol FCBC.
The company owns and operates a network of community banks in Virginia, West Virginia, North Carolina, and Tennessee. It offers a wide range of banking and financial services, including personal and business banking, mortgage loans, investment services, and insurance products.
First Community Bancshares is committed to providing personalized and high-quality service to its customers, and prioritizes community involvement and support. It has received numerous awards and accolades for its financial performance and community service, including being named a Forbes Best Bank in 2020.
In addition to its banking operations, First Community Bancshares also has a subsidiary, First Community Bankshares Financial Services, Inc., that provides brokerage services and investment advisory services.
The company employs over 1,000 people and has total assets of over $3 billion. It continues to grow and expand its services in the communities it serves.

1. Longstanding history: First Community Bancshares has been in operation since 1874, making it one of the oldest community banks in the United States. This long history speaks to the company’s stability and strong presence in the communities it serves.
2. Community-focused: As a community bank, First Community Bancshares is deeply invested in the well-being and growth of the communities it serves. The company is committed to supporting small businesses and local organizations, and actively encourages its employees to volunteer and give back to their communities.
3. Strong financial performance: First Community Bancshares has consistently demonstrated strong financial performance and stability over the years, with a solid track record of profits and steady growth. This reliability is attractive to investors and instills confidence in customers.
4. Personalized customer service: Being a community bank allows First Community Bancshares to offer a more personalized and intimate banking experience to its customers. The company values strong relationships with its customers and strives to provide high-quality, personalized customer service.
5. Commitment to innovation: Despite its long history, First Community Bancshares is committed to staying up-to-date with the latest banking technology and innovations. This allows the company to offer modern, convenient banking services to its customers while staying competitive in the industry.
6. Ethical business practices: First Community Bancshares has a strong commitment to ethical business practices and maintaining the trust of its customers. The company has a robust code of ethics in place, and its board of directors and executive leadership are known for their integrity and transparency.
7. Employee-centric culture: First Community Bancshares values its employees and has created a culture that fosters a sense of belonging, respect, and inclusivity. This employee-centric approach is beneficial for both the employees and the company, leading to higher job satisfaction, retention, and better customer service.

The First Community Bancshares company operates as a bank holding company for First Community Bank (the Bank). The company offers various banking products and services such as checking and savings accounts, loans, mortgages, credit and debit cards, online banking, and investment services. Its primary business model is focused on providing traditional banking services to individuals, businesses, and government entities in its local communities. This includes meeting the financial needs of its customers through personalized service and relationship-based banking. The company also generates revenue through interest income from loans and investments, and service charges and fees. Its overall goal is to be a leading community bank that provides banking solutions and contributes to the economic well-being of the communities it serves.

* First Community Bancshares was founded in 1989 and is headquartered in Bluefield, Virginia.
* The company is a bank holding company that operates 83 branches through its subsidiaries, First Community Bank and People’s Community Bank.
* First Community Bancshares is listed on the NASDAQ stock exchange under the ticker symbol FCBC.
* The company has a market capitalization of over $696.7 million as of November 2021.
* First Community Bancshares has been named one of the “Best Banks to Work For” by American Banker and Best Companies Group for eight consecutive years.
* The company has a strong presence in Southwest Virginia and Southern West Virginia, with over 50% of its branches located in these areas.
* First Community Bank is the largest Virginia-based community bank by deposits and serves over 100,000 customers.
* In 2019, First Community Bancshares acquired Highlands Union Bancshares, expanding its presence in Virginia.
* The company offers a range of financial services, including personal and business banking, wealth management, and insurance.
* First Community Bancshares is committed to giving back to the community and supports various charitable organizations and initiatives in the areas it serves.
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