PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Community Bank

Bluefield, VA · Cert 13012 · First Community Bankshares Inc.

State charter, Fed member · FED · 67 branches

Q2 2026

$3.6BAssets
$2.5BLoans
$3.0BDeposits
$510.5MEquity
Loan mix
88%RE $2.1B10%C&I $0.2B2%Consumer $0.1BQ2 2025Q2 2026
Deposit mix
68%Interest-bearing $2.1B32%Noninterest $1.0BQ2 2025Q2 2026

NIM

4.51%Q2 ’244.40%Q2 ’254.27%Q2 ’26-3%-1%

Non-interest income vs. expense

3.02%Q2 ’243.13%Q2 ’253.08%Q2 ’26-2%-35%

Market Position · Kingsport-Bristol, TN-VA · 2026 SOD (annual) · 5.7% share · #6 of 24 inst. · $0.3B of $5.9B

35.4% Mercer
22.1% Surry
14.3% Washington
27.6% Nicholas

Executive Summary

  • Earnings: ROA of 2.05%, up 50 bps year over year; NIM at 3.93%.
  • Asset quality: problem loans at 0.70% of loans (-10 bps YoY), with net charge-offs at 0.17%.
  • Capital: tier 1 leverage ratio of 10.23%, down 14 bps from a year ago.
  • Funding: loans stand at 80.94% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

2.05%+50 bps YoY

Net Interest Margin (YTD, annualized)

3.93%-4 bps YoY

Efficiency Ratio (YTD, annualized)

52.56%-708 bps YoY

Tier 1 Leverage Ratio

10.23%-14 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.55%1.55%1.55%1.48%2.05%+50 bps
Return on Equity10.75%10.71%10.73%10.54%14.59%+385 bps
Net Interest Margin3.97%4.03%4.06%3.97%3.93%-4 bps
Efficiency Ratio59.65%60.33%60.81%60.87%52.56%-708 bps
Non-Interest Burden1.77%1.82%1.85%1.86%1.15%-62 bps
Growth
Asset Growth (YoY)-1.79%0.18%1.52%13.38%14.01%+1,580 bps
Loan Growth (YoY)-4.85%-4.62%-4.19%3.08%4.52%+938 bps
Deposit Growth (YoY)-1.94%-0.18%1.00%13.94%14.30%+1,624 bps
Asset Quality
Nonperforming Loans / Loans0.79%0.71%0.61%0.72%0.70%-10 bps
Net Charge-Offs / Loans0.16%0.19%0.18%0.12%0.17%+1 bps
Allowance / Loans1.40%1.36%1.33%1.37%1.33%-8 bps
Allowance Coverage of NPLs1.8x1.9x2.2x1.9x1.9x+0.1x
Capital
Tier 1 Leverage Ratio10.37%10.43%10.38%10.26%10.23%-14 bps
Total Risk-Based Capital15.54%15.60%15.71%15.99%16.58%+103 bps
Equity / Assets14.63%14.59%14.30%13.73%14.15%-48 bps
Liquidity & Funding
Loans / Deposits88.51%87.61%85.03%79.75%80.94%-757 bps
Liquid Assets / Assets0.33%0.06%1.33%1.38%1.29%+97 bps
CRE / Total Capitaln/a338%341%326%n/an/a