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Income Statement
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FIRST COMMUNITY BANKSHARES INC (FCBC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  104.6102.8110.488.891.789.787.787.6
        Interest income on investments  6.01.72.83.75.14.66.98.2
       114.3105.3114.095.098.395.394.796.1
    Interest expense:  
        Interest on deposits  1.72.85.55.45.15.04.55.9
       1.72.85.55.57.48.19.811.3
Net interest income  112.7102.5108.689.590.887.284.984.8
Provision for loan losses      2.42.81.32.2
Net interest income after provision for loan losses  112.7102.5108.689.588.584.483.682.6
        Deposit and loan fees         13.7
        Gain on sale of investments, net        -4.60.1
        Other non-interest income  37.234.329.833.726.424.630.215.7
Total non-interest income  37.234.329.833.726.424.625.529.5
Non-interest expenses  83.178.779.669.869.866.971.276.2
Pre-tax income before non-recurring items  62.466.548.058.946.642.137.935.9
Non-recurring items  2.3 1.99.1    
Asset impairment      1.5   
Pre-tax income  60.266.546.149.845.142.137.935.9
Income taxes  13.515.410.211.08.820.612.811.4
            Tax rate  22.4%23.1%22.1%22.1%19.5%49.0%33.8%31.7%
Net income  46.751.235.938.836.321.525.124.4
            Net margin  29.6%35.8%24.9%30.4%31.6%19.7%23.0%21.8%
   
Basic EPS  $2.82$2.95$2.02$2.47$2.19$1.26$1.45$1.32
Diluted EPS  $2.82$2.94$2.02$2.46$2.18$1.26$1.45$1.30
   
Shares outstanding (basic)  16.517.317.815.716.617.017.318.5
Shares outstanding (diluted)  16.617.417.815.816.717.117.418.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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