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First Community Bankshares (First Community Bankshares) Accounts Payable & Accrued Expense : $42.5 Mil (As of Dec. 2023)


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What is First Community Bankshares Accounts Payable & Accrued Expense?

First Community Bankshares's quarterly accounts payable & accrued expense increased from Jun. 2023 ($38.7 Mil) to Sep. 2023 ($41.4 Mil) and increased from Sep. 2023 ($41.4 Mil) to Dec. 2023 ($42.5 Mil).

First Community Bankshares's annual accounts payable & accrued expense declined from Dec. 2021 ($35.8 Mil) to Dec. 2022 ($32.9 Mil) but then increased from Dec. 2022 ($32.9 Mil) to Dec. 2023 ($42.5 Mil).


First Community Bankshares Accounts Payable & Accrued Expense Historical Data

The historical data trend for First Community Bankshares's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Community Bankshares Accounts Payable & Accrued Expense Chart

First Community Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.52 37.20 35.82 32.90 42.45

First Community Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.90 33.45 38.69 41.39 42.45

First Community Bankshares Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


First Community Bankshares (First Community Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 989, Bluefield, VA, USA, 24605-0989
First Community Bankshares Inc is a financial holding company that provides commercial banking products and services. The company is engaged in providing demand deposit accounts, savings, and money market accounts, certificates of deposits; commercial, consumer, and real estate mortgage loans, and lines of credit; various credit card, debit card, and automated teller machine card services; corporate and personal trust services; investment management services and life, health, and property and casualty insurance products. The company's revenue is mainly derived from interest, fees, and commissions.
Executives
David D Brown officer: Chief Financial Officer C/O FIRST COMMUNITY BANCSHARES, P.O. BOX 989, BLUEFIELD VA 24605-0989
Harriet B Price director C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Richard Scott Johnson director C/O FIRST COMMUNITY BANKSHARES, INC., ONE COMMUNITY PLACE, BLUEFIELD VA 24605-0989
Beth Ann Taylor director C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Derek A Bonnett officer: Chief Risk Officer C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Samuel L Elmore director C/O FIRST COMMUNITY BANCSHARES, INC., P. O. BOX 989, BLUEFIELD VA 24605
Gary R Mills officer: Chief Credit Officer C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
M Adam Sarver director C/O FIRST COMMUNITY BANCSHARES, INC, BLUEFIELD VA 24605
C William Davis director C/O FIRST COMMUNITY BANCSHARES INC, PO BOX 989, BLUEFIELD VA 24605
Sarah W Harmon officer: SVP & General Counsel C/O FIRST COMMUNITY BANKSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
E Stephen Lilly officer: Chief Operating Officer P O BOX 989, BLUEFIELD VA 24605
Jason R Belcher officer: SVP-Chief Risk Officer C/O FIRST COMMUNITY BANCSHARES, INC, PO BOX 989, BLUEFIELD VA 24605
Martyn A Pell officer: President-First Community Bank C/O FIRST COMMUNITY BANCSHARES, INC., PO BOX 989, BLUEFIELD VA 24605
Robert L Schumacher officer: Chief Financial Officer
Robert L Buzzo officer: Vice President & Secretary