First Community Bank (VA)

First Community Bank (VA) is headquartered in Bluefield and is the 13^st largest bank in the state of Virginia. It is also the 314^st largest bank in the nation. It was established in 1920 and as of September of 2011, it had grown to 580 employees at 58 locations. First Community Bank (VA) has a 4-star health rating.

First Community Bank (VA) Savings Account Rates

Data for Q3 2011

Institution Statistics First Community Bank FDIC Certificate # 13012 BankRate Report View Year Established 1920 Employees 580 Primary Regulator FED Assets and Liabilities Assets $2.20 billion Loans $1.35 billion Deposits $1.61 billion Equity Capital $278.42 million Loan Loss Allowance $26.41 million Unbacked Noncurrent Loans $22.88 million Real Estate Owned $5.94 million Historic Data - September 2010 Assets $2.28 billion Equity Capital $258.25 million Loan Loss Allowance $26.42 million Unbacked Noncurrent Loans $16.65 million Real Estate Owned $5.50 million Profit Margin - Quarterly Net Interest Margin 3.8% Return on Assets 0.99% Return on Equity 8.1% Interest Income $71.15 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 First Community Bank (VA) had $28.82 million in non-current loans and owned real-estate with $304.82 million in equity and loan loss allowances on hand to cover it. This gives First Community Bank (VA) a Texas Ratio of 9.45% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Community Bank (VA) held steady from 7.78% as of September 30, 2010 to 9.45% as of September 30, 2011, resulting in a negative change of 21.52%. This indicates that the balance sheet and financial strength for First Community Bank (VA) has held steady in recent periods. Deposit Growth In the past year, First Community Bank (VA) has decreased its total deposits by -$56.02 million, resulting in -3.36% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Community Bank (VA) has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Community Bank (VA) has $2.2 billion in assets with $304.82 million in equity, resulting in a capitalization level of 13.85%, which is excellent.

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