First Community Bankshares, Inc. (FCBC)

FCBC Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	129.87	126.73	104.57	102.83	110.45
Interest Income on Investments	16.27	10.44	9.75	2.48	3.59
Total Interest Income	146.14	137.17	114.32	105.31	114.04
Interest Paid on Deposits	19.64	9.34	1.65	2.84	5.46
Interest Paid on Borrowings	0.04	0.14	0	0	0
Total Interest Expense	19.67	9.48	1.66	2.84	5.46
Net Interest Income	126.47	127.68	112.66	102.47	108.57
Net Interest Income Growth (YoY)	-0.95%	13.33%	9.94%	-5.62%	21.37%
Trust Income	4.49	4.18	3.86	3.85	3.42
Gain (Loss) on Sale of Assets	-	-	1.66	-	-
Gain (Loss) on Sale of Investments	-	-0.02	-	-	0.39
Other Non-Interest Income	20.89	19.3	17.46	17	13.01
Total Non-Interest Income	39.39	37.45	37.18	34.3	29.83
Non-Interest Income Growth (YoY)	5.17%	0.73%	8.40%	14.98%	11.81%
Revenues Before Loan Losses	165.86	165.14	149.85	136.78	138.41
Provision for Loan Losses	3.6	7.99	6.57	-8.47	12.67
Revenue	162.26	157.15	143.27	145.25	125.74
Revenue Growth (YoY)	3.25%	9.69%	-1.36%	15.52%	11.70%
Salaries and Employee Benefits	51.7	47.53	44.65	41.25	40.85
Federal Deposit Insurance	1.46	1.51	1.13	0.83	0.43
Amortization of Goodwill & Intangibles	2.13	1.73	1.45	1.45	1.45
Selling, General & Administrative	26.38	26.98	24.68	23.46	22.59
Other Non-Interest Expense	13.1	12.04	10.63	10.96	12.41
Total Non-Interest Expense	94.77	89.78	82.52	77.94	77.73
EBT Excluding Unusual Items	67.49	67.37	60.75	67.31	48.01
Asset Writedown	-	-	-	-0.78	-
Legal Settlements	-1.8	-3	-	-	-
Pretax Income	65.69	61.97	60.16	66.53	46.11
Income Tax Expense	14.09	13.95	13.5	15.36	10.19
Net Income	51.6	48.02	46.66	51.17	35.93
Net Income to Common	51.6	48.02	46.66	51.17	35.93
Net Income Growth	7.46%	2.91%	-8.81%	42.43%	-7.41%
Basic Shares Outstanding	18	18	17	17	18
Diluted Shares Outstanding	18	18	17	17	18
Shares Change (YoY)	2.24%	8.84%	-4.83%	-2.32%	13.07%
EPS (Basic)	2.81	2.67	2.82	2.95	2.02
EPS (Diluted)	2.80	2.67	2.82	2.94	2.02
EPS Growth	4.94%	-5.38%	-4.08%	45.54%	-17.89%
Dividend Per Share	1.200	1.160	1.140	1.060	1.000
Dividend Growth	3.45%	1.75%	7.55%	6.00%	0%
Effective Tax Rate	21.45%	22.52%	22.43%	23.09%	22.09%

Source: S&P Capital IQ. Banks template. Financial Sources.