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First Community Bank
First Community Bankshares, Inc., a financial holding company, is headquartered in Bluefield, Virginia, and provides banking products and services through...
First Community Bank
First Community Bankshares, Inc., a financial holding company, is headquartered in Bluefield, Virginia, and provides banking products and services through its wholly owned subsidiary First Community Bank. With roots dating back to 1874, we have a rich history of community and customer involvement, and we thrive on building relationships. First Community Bank operates 44 branch banking locations as far north as Grafton, WV, stretching east to Richmond, VA, and from there, extending west into northwestern North Carolina and east Tennessee. First Community Bank also offers wealth management and investment services through its wholly owned subsidiary First Community Wealth Management and the bank's Trust Division, which collectively managed and administered $1.04 billion in combined assets as of September 30, 2018. The company's common stock is listed on the NASDAQ Global Select Market under the trading symbol "FCBC". The company reported consolidated assets of $2.27 billion as of September 30, 2018. Our mission is to provide excellent relationship-based customer service, and we are genuinely interested in what's important to you and your success. You are much more than a number, so our employees focus—really focus—on finding you the right financial products. Together, we can help you build a better tomorrow.
General information
Firm type
other
Year founded
1995
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Lexington
Corporate office
Lexington, SC, United States
Principals
Jim Leventis
Founder
Mike Crapps
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at First Community Bank?
First Community Bank is led by its board and executive team; the founders Jim Leventis and Mike Crapps no longer appear in day-to-day leadership. As a publicly traded company (Nasdaq: FCCO), investment decisions follow standard bank lending and capital allocation practices, overseen by the board and disclosed in SEC filings (per SEC, ongoing).
Is First Community Bank structured as a family office or a traditional bank?
First Community Bank is a publicly traded commercial bank (First Community Corporation, Nasdaq: FCCO), not a family office. It operates under standard banking regulations and reports financials publicly. The bank's founding by Leventis and Crapps does not give it family-office characteristics.
What investment stages does First Community Bank typically target?
First Community Bank does not make venture-stage equity investments. Its lending activity focuses on commercial real estate, small business expansion, and consumer loans, typically serving established local businesses and individuals in South Carolina and northeast Georgia.
Does First Community Bank participate in fund commitments or only direct deals?
First Community Bank is not a fund investor; it is a traditional commercial bank that originates loans and takes deposits. It does not commit capital to external investment funds.
Which sectors does First Community Bank explicitly avoid?
First Community Bank does not publish a list of excluded sectors. As a community bank, it focuses on traditional lending to local businesses and individuals and avoids complex investment banking, proprietary trading, or venture capital activities.
How is First Community Bank related to other financial entities?
First Community Bank is the operating brand of First Community Corporation (Nasdaq: FCCO), a publicly traded bank holding company. It has no disclosed affiliation with any family office, single-family office, or multi-family office.
Does First Community Bank maintain philanthropic structures?
The firm's website makes no mention of a separate philanthropic foundation, endowment, or charitable arm. Community engagement is conducted through standard bank-sponsored local initiatives.
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