First Community Bankshares
First Community Bankshares, Inc. is a NASDAQ-listed financial holding company headquartered in Bluefield, Virginia, operating 60 bank branches across four Appalachian states through First Community Bank and providing trust and wealth management services through affiliated subsidiaries to consumer, small business, and commercial customers.
- Company typePublic
- Founded1874
- HeadquartersBluefield, United States
- Headcount—
- GTM typeB2C
- OfferingServices
What First Community Bankshares does
First Community Bankshares, Inc. (NASDAQ: FCBC) is a financial holding company headquartered in Bluefield, Virginia, with roots dating back to 1874. The corporation operates through its wholly-owned subsidiary, First Community Bank, which delivers a full array of consumer and commercial banking products and services — including deposit accounts, consumer and commercial loans, mortgages, and credit services — across 60 branch locations in northwestern North Carolina, eastern Tennessee, central and southwestern Virginia, and West Virginia. As of December 31, 2025, the company reported $3.26 billion in consolidated assets.
Complementing its core banking franchise, the company operates a Trust Division and First Community Wealth Management, Inc., which collectively managed or administered $1.79 billion in assets as of December 31, 2025, providing trust management, estate administration, and investment advisory services. The company serves individual consumers, small businesses, and commercial customers through a relationship-based, community-focused model emphasizing localized service through experienced management. Revenue mechanics follow traditional banking patterns: net interest income from the lending book, supplemented by fee-based income from fiduciary and investment advisory services.
Leadership is led by Chairman and Chief Executive Officer William P. Stafford, II, with Gary R. Mills serving as President of the Corporation and Chief Executive Officer of First Community Bank, and David D. Brown as Chief Financial Officer. In January 2026, the company completed the acquisition of Hometown Bancshares, Inc., extending its in-region footprint. The company has also demonstrated capital return discipline through regular quarterly dividends and a special dividend declared in December 2025.
First Community Bankshares firmographics
Firmographics- Name
- First Community Bankshares
- Legal name
- First Community Bankshares, Inc.
- Website
- https://ir.fcbresource.com
- Company type
- Public
- Founded year
- 1874
- Operating status
- Operating
- Short description
- First Community Bankshares, Inc. is a NASDAQ-listed financial holding company headquartered in Bluefield, Virginia, operating 60 bank branches across four Appalachian states through First Community Bank and providing trust and wealth management services through affiliated subsidiaries to consumer, small business, and commercial customers.
- Ownership category
- akta.pro rank
First Community Bankshares industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Portfolio Management and Investment Advice (523940), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)
Keywords
Where First Community Bankshares is headquartered
LocationHeadquarters
- HQ city
- Bluefield
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
First Community Bankshares business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Interest Income: Traditional banking interest income from lending activities including consumer loans, commercial loans, and mortgages. The bank operates as a financial holding company providing consumer and commercial banking products and services.
- Non-Interest Income: Fee-based income from trust management, estate administration, and investment advisory services through the Trust Division and First Community Wealth Management subsidiary.
Distribution channels2 records
Marketing channels1 record
First Community Bankshares product offering
Product offeringCore offering
First Community Bankshares operates as a financial holding company delivering consumer and commercial banking products and services (deposit accounts, consumer loans, commercial loans, mortgages, and credit services) through its wholly-owned subsidiary First Community Bank's 60-branch network in four states. It additionally provides trust management, estate administration, and investment advisory services through its Trust Division and First Community Wealth Management, Inc., which managed $1.79 billion in combined assets as of December 31, 2025.
Product overview
First Community Bankshares operates as a financial holding company with a single unified banking subsidiary (First Community Bank) and two complementary service divisions/modules: the Trust Division and First Community Wealth Management, Inc. The core product is the bank's consumer and commercial banking services, while the Trust Division and Wealth Management subsidiary provide ancillary fiduciary and investment advisory services. All entities operate under the First Community brand and share the same branch network and customer base.
Differentiator
Problem solved
Functional benefit
Products and services
- Consumer and Commercial Banking Services
- Trust Management and Estate Administration Services
- Investment Advisory Services
Companies that use First Community Bankshares
Customer profileSegments3 records
Ideal customer profiles3 records
First Community Bankshares technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
First Community Bankshares partnerships and signals
Strategic signalScale indicators6 records
Recent moves4 records
Expansion highlights3 records
First Community Bankshares competitors and assessment
Company assessmentDirect peers
- City Holding Company: NASDAQ-listed West Virginia-based bank holding company of comparable asset size operating branches across West Virginia, Kentucky, Ohio, and Virginia — closely overlapping footprint, customer mix, and community banking model.
- WesBanco: Multi-state community bank holding company with significant West Virginia and Virginia presence, similar asset scale, and a parallel mix of commercial banking plus trust and wealth services.
- United Bankshares: Large Mid-Atlantic regional bank holding company headquartered in West Virginia, serving similar Appalachian and Mid-Atlantic markets through a comparable consumer and commercial banking model.
- Premier Financial Corp: Mid-size community-focused bank holding company operating commercial and consumer banking plus wealth management in the Midwest and Mid-Atlantic — closely analogous in scale and product mix.
- TowneBank: Hampton Roads-headquartered community bank with comparable asset size, multi-branch consumer/commercial banking model, and a parallel wealth management subsidiary.
- Stock Yards Bancorp: Kentucky-based community bank holding company of similar size with an analogous consumer/commercial banking plus wealth and trust management combination.
- S&T Bancorp: Pennsylvania-based community bank holding company of similar asset size with parallel consumer/commercial banking, wealth management, and small-business lending focus.
- F.N.B. Corporation: Regional bank holding company operating branches across Pennsylvania, Ohio, West Virginia, Maryland, and the Carolinas with a comparable community banking and wealth management offering.
- Park National Corporation: Mid-size Ohio-headquartered community bank holding company with a multi-state branch footprint, comparable deposit-gathering model, and similar SMB and consumer lending emphasis.
Broad incumbents
- Eagle Bancorp: Larger Mid-Atlantic community-oriented commercial bank with overlapping consumer and SMB banking — useful as a broader-incumbent benchmark despite a different core geography (DC metro).
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
First Community Bankshares social profiles
Digital presenceFirst Community Bankshares financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Community Bankshares leadership team
Management profileNumber of profiles
Profiles9 records
First Community Bankshares subsidiaries and ownership
Company hierarchySubsidiaries4 records
First Community Bankshares funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Community Bankshares M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Community Bankshares
What does First Community Bankshares do?
First Community Bankshares operates as a financial holding company delivering consumer and commercial banking products and services (deposit accounts, consumer loans, commercial loans, mortgages, and credit services) through its wholly-owned subsidiary First Community Bank's 60-branch network in four states. It additionally provides trust management, estate administration, and investment advisory services through its Trust Division and First Community Wealth Management, Inc., which managed $1.79 billion in combined assets as of December 31, 2025.
Is First Community Bankshares a public or private company?
First Community Bankshares is a public company. It is classified as public and is currently operating.
When was First Community Bankshares founded?
First Community Bankshares was founded in 1874.
Where is First Community Bankshares based?
First Community Bankshares is headquartered in Bluefield, United States, in the North America region.
How does First Community Bankshares make money?
Two revenue lines are on record. Interest Income is the primary driver. The others are non-Interest Income.
Who are First Community Bankshares's main competitors?
Direct peers on record are City Holding Company, WesBanco, United Bankshares, Premier Financial Corp, TowneBank, Stock Yards Bancorp, S&T Bancorp, F.N.B. Corporation and Park National Corporation. Eagle Bancorp is listed as a broad incumbent.
Does First Community Bankshares have an API?
No public API is recorded for First Community Bankshares.
What industry is First Community Bankshares in?
First Community Bankshares's product category is Community Banking. Its primary akta.pro industry code is FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 52211 and its SIC code is 6022.