Business Context and Reporting Period
Company: First Community Bankshares, Inc. (FCBC)
Filing Type: Form 8-K (Current Report)
Date of Report: December 18, 2025
Event: Confirmation of shareholder approval for the merger with Hometown Bancshares, Inc.
Key Financial Metrics
This filing is a current report regarding a corporate event and does not contain financial statements. Consequently, specific values for revenue, profit, cash flow, margins, debt, and liquidity are not provided in this document.
Material Changes
- Merger Approval: Hometown Bancshares, Inc. shareholders have affirmatively voted to approve the merger with First Community Bankshares, Inc., pursuant to the Agreement and Plan of Merger dated July 19, 2025.
- Special Dividend: A special dividend for Hometown shareholders is scheduled for January 2026.
Guidance, Outlook, and Risks
- Closing Timeline: The parties currently expect the transaction to close in the first quarter of 2026.
- Conditions Precedent: Completion remains subject to approval from the Virginia State Corporation Commission Bureau of Financial Institutions and other customary closing conditions.
- Management Commentary: The filing references a letter to Hometown shareholders (Exhibit 99.1) detailing procedural next steps.
Investor Verification Checklist
- Verify the status of regulatory approval from the Virginia State Corporation Commission Bureau of Financial Institutions.
- Confirm the exact terms and payment date of the special dividend for Hometown shareholders in January 2026.
- Monitor for any updates regarding the anticipated first-quarter 2026 closing date.
- Review the full text of the letter to Hometown shareholders (Exhibit 99.1) for detailed procedural instructions.