BLUEFIELD, Va. (AP) — BLUEFIELD, Va. (AP) — First Community Bancshares Inc. (FCBC) on Tuesday reported net income of $12.5 million in its fourth quarter.
The bank, based in Bluefield, Virginia, said it had earnings of 68 cents per share. Earnings, adjusted for one-time gains and costs, came to 77 cents per share.
The holding company for First Community Bank posted revenue of $47.7 million in the period. Its revenue net of interest expense was $43.8 million, beating Street forecasts.
For the year, the company reported profit of $48.8 million, or $2.65 per share. Revenue was reported as $167.5 million.
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