First Community Bankshares, Inc. (FCBC) financial statements (2021 and earlier)

Company profile

Business Address PO BOX 989
BLUEFIELD, VA 24605
State of Incorp. VA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments61217771587652238
Cash and cash equivalents61217771587652238
Disposal group, including discontinued operation      2
Total current assets:61217771587652239
Noncurrent Assets
Operating lease, right-of-use asset1 
Property, plant and equipment58634648505356
Long-term investments and receivables      0
Long-term investments      0
Intangible assets, net (including goodwill)13713898102103106107
Goodwill130130939696100101
Intangible assets, net (excluding goodwill)7956756
Total noncurrent assets:195201144150153158163
Other undisclosed assets2,7552,3812,0242,0802,1572,2522,205
TOTAL ASSETS:3,0112,7992,2442,3882,3862,4622,608
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt24313299140123
Due to related parties    2(0) 
Total current liabilities:243132102140123
Noncurrent Liabilities
Long-term debt and lease obligation 2550    
Long-term debt, excluding current maturities 2550    
Total noncurrent liabilities: 2550    
Other undisclosed liabilities2,5822,3411,8302,0061,9461,9802,133
Total liabilities:2,5842,3701,9122,0382,0472,1192,257
Stockholders' equity
Stockholders' equity attributable to parent, including:427429333351339343351
Common stock18181621212121
Treasury stock, value   (79)(79)(56)(36)
Additional paid in capital173192122229228228216
Accumulated other comprehensive loss(2)(2)(1)(1)(2)(5)(6)
Retained earnings238220196181170156141
Other undisclosed stockholders' equity attributable to parent      15
Total stockholders' equity:427429333351339343351
TOTAL LIABILITIES AND EQUITY:3,0112,7992,2442,3882,3862,4622,608

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1149598125128132141
Net investment income1149598959596106
Financial services revenue26303230
Cost of revenue(13)(4)(2)(3)(1)(3)(4)
Cost of goods and services sold     (3)(4)
Provision for loan, lease, and other losses(13)(4)(2)
Financial services costs(3)(1) (0)
Gross profit:1019196122127129137
Operating expenses(24)(23)(23)(63)(63)(68)(81)
Other operating income (expense), net4     (8)
Noninterest income, other operating income4      
Other expenses      (8)
Operating income:82687359646148
Nonoperating income (expense)
(Investment Income, Nonoperating)
    (5) 2
Interest and debt expense(5)(6)(7)(8)(10)(11)(15)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes     (14)4
Income from continuing operations before equity method investments, income taxes:76626551503638
Other undisclosed loss from continuing operations before income taxes(30)(13)(20)(9)(12)  
Income from continuing operations before income taxes:46504542383638
Income tax expense(10)(11)(9)(21)(13)(11)(12)
Net income attributable to parent:36393621252525
Preferred stock dividends and other adjustments     (0)(1)
Net income available to common stockholders, diluted:36393621252425

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:36393621252525
Other comprehensive income (loss)(1)(2)10(0)09
Comprehensive income:35373722252535
Other undisclosed comprehensive income (loss), net of tax, attributable to parent01(1)13  
Comprehensive income, net of tax, attributable to parent:36393623282535

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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