First Community Bankshares Inc

First Community Bankshares posted a modest but clean beat in the second quarter of 2025, reporting earnings of $0.67 per diluted share against a consensus estimate of $0.65, a 3.08% positive surprise, while revenue of $41.00 million edged past the $40.60 million forecast by 0.98%. The results came despite a 6.2% year-over-year revenue decline, as net income slipped to $12.25 million from $12.69 million a year ago, pressured by net interest margin compression to 4.37% from 4.51% in Q2 2024 and a $2.05 million drop in loan interest income tied to a $134.85 million reduction in average loan balances. Partially offsetting those headwinds, noninterest income climbed 10.68% to $10.34 million on stronger service charges, and credit quality improved meaningfully, with net charge-offs falling to $472,000 from $1.02 million a year earlier and a $285,000 provision recovery replacing the prior-year charge. Total assets stood at $3.18 billion at quarter end, with book value per share at $27.46.