First Community Bankshares, Inc. (FCBC)

33.03 +0.22 (+0.67%) At close: 04:00PM EDT

First Community Bankshares, Inc.

One Community Place
PO Box 989
Bluefield, VA 24605-0989
United States
276 326 9000
https://www.firstcommunitybank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 616

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. William P. Stafford II	Chairman & CEO	752.72k	N/A	1964
Mr. Gary R. Mills	President & Director	1.01M	N/A	1968
Mr. David D. Brown V, CPA	Chief Financial Officer	508.09k	N/A	1975
Mr. Jason R. Belcher	Chief Operating Officer	493.48k	N/A	1977
Ms. Sarah W. Harmon	Chief Administrative Officer, General Counsel & Corporate Secretary	447.04k	N/A	1982
Mr. Derek A. Bonnett	Chief Risk Officer	N/A	N/A	N/A
Mr. P. Carter Bundy	Treasurer	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First Community Bankshares, Inc. operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement plans; and commercial, consumer real estate, and consumer and other loans. The company also provides trust management, estate administration, and investment advisory services; and investment management services. It serves individuals and businesses across various industries, such as education, government, and health services; coal mining and gas extraction; retail trade; construction; manufacturing; tourism; and transportation. The company operates through branches in West Virginia, Virginia, North Carolina, and Tennessee. Community Bankshares, Inc. was founded in 1874 and is headquartered in Bluefield, Virginia.

Corporate Governance

First Community Bankshares, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 5. The pillar scores are Audit: 6; Board: 5; Shareholder Rights: 9; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.