First Community Bankshares, Inc. reported a net income of $12.25 million for the quarter ended June 30, 2025, with $24.06 million for the first six months. A quarterly cash dividend of $0.31 per common share was declared, marking the 40th consecutive year of dividends. The Company was awarded the 2024 Raymond James Community Bankers Cup.

During the second quarter of 2025, the Company’s net interest margin remained strong at 4.37%. Noninterest income increased by approximately $998 thousand compared to the same quarter of 2024. Net income for the quarter was $12.25 million, a decrease of $440 thousand from the same quarter in 2024.

Consolidated assets totaled $3.18 billion at June 30, 2025. Loans decreased by $62.81 million, deposits decreased by $55.88 million, and stockholder equity decreased by $23.56 million. Total non-performing assets were $19.17 million, showing a declining trend since September 30, 2024. Net charge-offs for the quarter were $472 thousand.

In addition to GAAP financial statements, the Company uses non-GAAP financial measures for decision-making. These include tangible book value per common share, adjusted earnings, and return on average tangible common equity. The Company’s common stock is listed on the NASDAQ Global Select Market under the symbol “FCBC”. For more information, contact David D. Brown at (276) 326-9000.

Read more at GlobeNewswire: First Community Bankshares, Inc. Announces Second Quarter