First Community Bankshares, Inc. (FCBC)

FCBC Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	133.29	126.73	104.57	102.83	110.45	88.81
Interest Income on Investments	11.64	10.44	9.75	2.48	3.59	6.16
Total Interest Income	144.93	137.17	114.32	105.31	114.04	94.97
Interest Paid on Deposits	15.94	9.34	1.65	2.84	5.46	5.39
Interest Paid on Borrowings	0.04	0.14	0	0	0	0.12
Total Interest Expense	15.97	9.48	1.66	2.84	5.46	5.52
Net Interest Income	128.95	127.68	112.66	102.47	108.57	89.45
Net Interest Income Growth (YoY)	5.49%	13.33%	9.94%	-5.62%	21.37%	-1.53%
Trust Income	4.36	4.18	3.86	3.85	3.42	3.42
Gain (Loss) on Sale of Assets	-	-	1.66	-	-	-
Gain (Loss) on Sale of Investments	-	-0.02	-	-	0.39	-0.04
Other Non-Interest Income	20.22	19.3	17.46	17	13.01	8.71
Total Non-Interest Income	38.69	37.45	37.18	34.3	29.83	26.68
Non-Interest Income Growth (YoY)	5.98%	0.73%	8.40%	14.98%	11.81%	0.90%
Revenues Before Loan Losses	167.64	165.14	149.85	136.78	138.41	116.14
Provision for Loan Losses	3.29	7.99	6.57	-8.47	12.67	3.57
Revenue	164.34	157.15	143.27	145.25	125.74	112.56
Revenue Growth (YoY)	10.45%	9.69%	-1.36%	15.52%	11.70%	-2.03%
Salaries and Employee Benefits	48.32	47.53	44.65	41.25	40.85	34.57
Federal Deposit Insurance	1.5	1.51	1.13	0.83	0.43	0.32
Amortization of Goodwill & Intangibles	2.13	1.73	1.45	1.45	1.45	1
Selling, General & Administrative	28.21	26.98	24.68	23.46	22.59	19.83
Other Non-Interest Expense	12.77	12.04	10.63	10.96	12.41	11.93
Total Non-Interest Expense	93.18	89.78	82.52	77.94	77.73	67.64
EBT Excluding Unusual Items	71.17	67.37	60.75	67.31	48.01	44.93
Asset Writedown	-	-	-	-0.78	-	-
Legal Settlements	-4.8	-3	-	-	-	7
Pretax Income	66.37	61.97	60.16	66.53	46.11	49.8
Income Tax Expense	14.41	13.95	13.5	15.36	10.19	10.99
Earnings From Continuing Operations	51.96	48.02	46.66	51.17	35.93	38.8
Net Income to Common	51.96	48.02	46.66	51.17	35.93	38.8
Basic Shares Outstanding	19	18	17	17	18	16
Diluted Shares Outstanding	19	18	17	17	18	16
Shares Change (YoY)	10.29%	8.84%	-4.83%	-2.32%	13.07%	-5.46%
EPS (Basic)	2.80	2.67	2.82	2.95	2.02	2.47
EPS (Diluted)	2.80	2.67	2.82	2.94	2.02	2.46
EPS Growth	-0.67%	-5.38%	-4.08%	45.54%	-17.89%	12.84%
Effective Tax Rate	21.72%	22.52%	22.43%	23.09%	22.09%	22.08%
Dividend Per Share	1.160	1.160	1.140	1.060	1.000	1.000
Dividend Growth	0%	1.75%	7.55%	6.00%	0%	23.46%

Source: S&P Capital IQ. Banks template.