First Community Bancshares

First Community Bancshares, Inc. operates as a financial holding company, which engages in the provision of banking products and services to individual and commercial customers. The firm offers demand deposit accounts, savings and money market accounts, certificates of deposit, individual retirement arrangements, commercial, consumer, and real estate mortgage loans, lines of credit, various credit card, debit card, automated teller machine card services, corporate and personal trust services, investment management services, and life, health, and property and casualty insurance products. It offers its services and products to individuals and businesses that includes industries such as education, government, health services, retail trade, construction, manufacturing, tourism, coal mining and gas extraction, and transportation. The company was founded in 1989 and is headquartered in Bluefield, VA.

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BLUEFIELD, Va., Dec.  31, 2019  (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) ( www.firstcommunitybank.com ) is pleased to announce completion of its merger with Highlands Bankshares, Inc., effective after the close of business on December 31, 2019. Immediately following the merger, Highlands Union Bank, the wholly-owned banking subsidiary of Highlands, merged with and into First Community Bank, the wholly-owned banking subsidiary of First Community. 

First Community Bankshares, Inc. Completes Acquisition of Highlands Bankshares, Inc.

BLUEFIELD, Va., Sept.  11, 2019  (GLOBE NEWSWIRE) -- Bluefield, VA-based First Community Bankshares, Inc. (“First Community”) (NASDAQ: FCBC), parent company of First Community Bank (which operates in Tennessee under the trade name People’s Community Bank), and Abingdon, VA-based Highlands Bankshares, Inc. (“Highlands”) (OTCQX: HLND), parent company of Highlands Union Bank, jointly announced today their entry into an agreement and plan of merger pursuant to which First Community will acquire Highlands and its wholly-owned bank subsidiary, Highlands Union Bank. As of June 30, 2019, Highlands Union Bank had total assets of approximately $612 million. Upon completion of the transaction, First Community is expected to have total consolidated assets in excess of $2.8 billion.

First Community Bankshares, Inc. Announces Signing of Definitive Merger Agreement with Highlands Bankshares, Inc.

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