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FCBC (First Community Bankshares) Tax Rate % : 20.88% (As of Dec. 2024)


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What is First Community Bankshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Community Bankshares's Tax Expense for the three months ended in Dec. 2024 was $3.4 Mil. First Community Bankshares's Pre-Tax Income for the three months ended in Dec. 2024 was $16.5 Mil. Therefore, First Community Bankshares's Tax Rate % for the quarter that ended in Dec. 2024 was 20.88%.


First Community Bankshares Tax Rate % Historical Data

The historical data trend for First Community Bankshares's Tax Rate % 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.

* Premium members only.

First Community Bankshares Tax Rate % Chart

First Community Bankshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.09 23.09 22.43 22.52 21.45

First Community Bankshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 19.92 22.11 21.75 21.06 20.88

First Community Bankshares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

First Community Bankshares's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=14.09/65.694
=21.45 %

First Community Bankshares's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=3.441/16.481
=20.88 %

* 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.


First Community Bankshares Tax Rate % Related Terms

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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
Jason R Belcher officer: SVP-Chief Risk Officer 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
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
E Stephen Lilly officer: Chief Operating Officer P O 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