First Community Bank (Bluefield, VA)
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Data as of · sourced from FFIEC call reports. How we update
First Community Bank is an FDIC-insured commercial bank headquartered in Bluefield, VA, established in 1920 (FDIC certificate 13012), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $3.61B, up 14.0% from Q2 2025, the 10th largest of 56 banks headquartered in Virginia. Its CET1 capital ratio was 15.32% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 13012
- Headquarters
- Bluefield, VA
- Established
- 1920
- Total assets, Q2 2026
- $3.61B
- Assets vs Q2 2025
- +14.0%
- CET1 ratio, Q2 2026
- 15.32%
- Domestic offices
- 67 FDIC institution directory, current count
- Routing number
- 051501299
- Holding company
- FIRST COMMUNITY BANKSHARES, INC.
- Asset rank in state
- 10th of 56 in Virginia
First Community Bank is one of the more profitable banks of its size. The Bluefield, Virginia bank had $3.6 billion in assets at June 30, 2026, up 14.0% from a year earlier. It earns about $2.55 a year on every $100 of assets, about double the median of $1.29 for the 895 banks with $1 billion to $10 billion in assets. It also pays an average of 0.56% on its deposits and borrowings, about a third the median of 2.01% for banks its size. Much of that comes from cost control: it spends about 46 cents to bring in each dollar of revenue.
Earnings jumped: net income for the quarter was $23 million, 82% above the same quarter a year earlier. Over the same year, loans grew 4.5% and deposits grew 14.3%.
As of June 30, 2026, First Community Bank reported a CET1 capital ratio of 15.32%, a return on assets of 2.55%, a nonperforming-loan ratio of 0.70% and a Texas ratio of 4.52%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First Community Bank is the 10th largest of the 56 banks headquartered in Virginia. Between Q1 2026 and Q2 2026, its total assets fell 1.0% to $3.61B, loans rose 0.2% and deposits fell 1.3%. 1-4 family residential loans made up 38.5% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 20.9%. The FDIC Summary of Deposits lists 67 offices for it, in 54 cities across 4 states; its Mount Airy 3 offices book 9% of its branch deposits. By the capital ratios in its Q2 2026 call report, First Community Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 29 College Dr, Bluefield, VA 24605
- County
- Tazewell
- Metro Area
- Bluefield, WV-VA
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 7, 1920
- Former names
- First Community Bank, National Association (1999-2011); First Community Bank, Inc. (1995-1999); FCFT Bank, Inc. (1994-1995); First Community Bank - Adrian Buckhannon (1984-1988); Adrian Buckhannon Bank (1937-1984)
- Domestic offices
- 67 FDIC institution directory, current count
- Employees (FTE)
- 614
- Domestic deposits
- $3.04B
- Allowance for credit losses
- $32.7M
- Net charge-offs (YTD)
- $2.0M
- Average total assets
- $3.64B
- Average total loans
- $2.46B
- Average interest-bearing deposits
- $2.47B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 13012
- Fed RSSD
- 2353595
- SEC CIK
- 859070 → filed by FIRST COMMUNITY BANKSHARES, INC.
- Website
- www.firstcommunitybank.com →
- Parent Holding Company
- FIRST COMMUNITY BANKSHARES, INC. (RSSD 1478017) · FCBC
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| William P Stafford Ii | CEO | Chief Executive Officer |
| Gary R Mills | PRES | President |
| David D Brown | CFO | Chief Financial Officer |
| Sarah W Harmon | GC | SVP & General Counsel |
| Derek A Bonnett | CRO | Chief Risk Officer |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First Community Bank's total assets ranged from $3.16B (Q2 2025) to $3.64B (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$3.61B total assets against $3.16B; $3.10B total liabilities against $2.70B.
$2.43B net loans and leases against $2.32B; $3.04B total deposits against $2.66B.
$239.1M securities against $121.6M; $591.9M cash and balances due against $395.1M.
$39.9M total interest income against $35.5M; $4.8M total interest expense against $4.9M.
$35.0M net interest income against $30.6M.
$22.8M total noninterest income against $11.0M; $27.5M total noninterest expense against $25.4M.
$483K provision for credit losses against -$285K.
$23.2M net income against $12.7M.
2.55% return on assets against 1.59%; 4.33% net interest margin against 4.32%.
15.32% CET1 capital ratio against 14.29%; 10.23% tier 1 leverage ratio against 10.37%.
Inside the full First Community Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
First Community Bank rankings
Its closest position to the top of a national ranking is 154 of 3,611, for ROA; its furthest is 789 of 980, for uninsured deposits.
Metric pages for First Community Bank: ROA.
Banks merged into First Community Bank
- Union Bank, Inc., effective January 24, 2026
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.45% (Q1 2026) to 2.55% (Q2 2026) and its net interest margin ran from 4.24% (Q1 2025) to 4.54% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 15.32% | 2.55% | 0.70% | 4.52% | 4.33% |
| Q1 2026 | 14.73% | 1.45% | 0.72% | 4.79% | 4.27% |
| Q4 2025 | 14.46% | 1.56% | 0.61% | 4.16% | 4.54% |
| Q3 2025 | 14.35% | 1.55% | 0.71% | 4.97% | 4.41% |
| Q2 2025 | 14.29% | 1.59% | 0.79% | 5.62% | 4.32% |
| Q1 2025 | 14.03% | 1.52% | 0.84% | 6.01% | 4.24% |
| Q4 2024 | 13.89% | 1.59% | 0.83% | 6.06% | 4.36% |
| Q3 2024 | 13.76% | 1.59% | 0.82% | 5.94% | 4.36% |
Swipe the table sideways to see every column.
Branch Network
View all 67 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Stafford Commons Branch | Princeton , WV | 24740 | $226.1M |
| Mount Airy Main Branch | Mount Airy , NC | 27030 | $184.0M |
| Abingdon Branch | Abingdon , VA | 24210 | $143.9M |
| Buckhannon Branch | Buckhannon , WV | 26201 | $127.4M |
| Union Bank Branch | Middlebourne , WV | 26149 | $117.2M |
| Bluefield Branch | Bluefield , WV | 24701 | $111.4M |
| Summersville Northside Branch | Summersville , WV | 26651 | $94.0M |
| Taylorsville Branch | Taylorsville , NC | 28681 | $89.6M |
| Wytheville Branch | Wytheville , VA | 24382 | $74.9M |
| Beckley Branch-Main | Beckley , WV | 25801 | $68.1M |
| Grafton Branch | Grafton , WV | 26354 | $66.6M |
| Bristol Branch | Bristol , VA | 24201 | $63.2M |
| St Marys Branch | St. Marys , WV | 26170 | $62.3M |
| 1500 West Main Street Branch | Harrisville , WV | 26362 | $58.3M |
| Peoples Bank of Virginia Branch | Richmond , VA | 23294 | $56.4M |
| Craigsville Branch | Craigsville , WV | 26205 | $55.2M |
| Courthouse Branch | Chesterfield , VA | 23832 | $53.9M |
| Mount Airy Branch | Mount Airy , NC | 27030 | $50.4M |
| Pineville Branch | Pineville , WV | 24874 | $50.1M |
| Bluewell Branch | Bluefield , WV | 24701 | $49.9M |
| Pulaski Branch | Pulaski , VA | 24301 | $48.9M |
| Bristol Branch | Bristol , VA | 24201 | $48.6M |
| Ridgeview Plaza Branch | Bluefield , VA | 24605 | $47.7M |
| Sparta Branch | Sparta , NC | 28675 | $46.4M |
| Elkin Branch | Elkin , NC | 28621 | $45.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 24, 2026 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 24, 2026 | Structure Change | Acquired Union Bank, Inc. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 22, 2023 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 22, 2023 | Structure Change | Acquired Surrey Bank & Trust Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 1, 2020 | Structure Change | Acquired Highlands Union Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 31, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 9, 2012 | Structure Change | Acquired Waccamaw Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| June 8, 2012 | Merger | Participated in FDIC Assisted Merger | FDIC |
| June 1, 2012 | Structure Change | Acquired Peoples Bank of Virginia Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 1, 2012 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 1, 2009 | Structure Change | Acquired TriStone Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 31, 2009 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 15, 2008 | Structure Change | Acquired Mooresville Savings Bank, SSB Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 14, 2008 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 2004 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 2004 | Structure Change | Acquired People's Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 7, 2003 | Structure Change | Acquired The Commonwealth Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 6, 2003 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 1, 2002 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 1, 2002 | Structure Change | Acquired Bank of Greenville Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 1, 2000 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 1, 2000 | Structure Change | Acquired Citizens Southern Bank, Inc. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 1, 1999 | Structure Change | Acquired Blue Ridge Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 30, 1999 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 30, 1995 | Structure Change | Acquired another institution Split for the acquired bank | FFIEC NIC |
| January 3, 1995 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 31, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 27, 1993 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 30, 1989 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 31, 1988 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 1, 1988 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 1988 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 1, 1985 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 33 events, scroll the table for the full history.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (SEC Form 8-K)
- May 31, 2022, SEC Form 8-K: 8-K Item 5.02: memorandum of understanding
- Period: Most recent institution action May 31, 2022. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.3% of deposits in VA, rank 34 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 939 applications, 487 loans originated, $82.6M originated, across 5 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 95 loans, $39.1M approved, $412K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First Community Bank
What are First Community Bank's total assets?
As of the Q2 2026 filing, First Community Bank reported total assets of $3.61 billion in its FFIEC call report.
Where is First Community Bank headquartered?
It is headquartered in Bluefield, VA, United States.
When was First Community Bank founded?
It was established in 1920, per the FDIC institution directory.
Is First Community Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #13012). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Community Bank?
First Community Bank's primary federal regulator is the Federal Reserve.
What is First Community Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 15.32% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First Community Bank operate?
It operates 67 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Community Bank's Texas Ratio?
Its Texas Ratio is 4.52% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was First Community Bank previously called?
The charter now named First Community Bank has also operated as First Community Bank, National Association (1999-2011), First Community Bank, Inc. (1995-1999), FCFT Bank, Inc. (1994-1995), First Community Bank - Adrian Buckhannon (1984-1988), Adrian Buckhannon Bank (1937-1984), per FDIC structure-change records.
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