First Community Bank


29 College Drive
Bluefield, VA 24605
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.06% 1.40% →
1-Year CD 0.25% 1.15% →
2-Year CD 0.35% 1.26% →
5-Year CD 0.65% 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

First Community Bank is an FDIC insured institution located in Bluefield, VA. It was founded in 1920 and has approximately $2.8 billion in assets. Customers can open an account at one of its 56 branches.

FDIC Insured Yes
FDIC Certificate # 13012
Date Established 1920
Assets $ 2.80 billion
Loans $ 2.10 billion
Deposits $ 2.35 billion
Capital $ 399.29 million

For a more detailed analysis of First Community Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.06% $100 - Learn More
Money Market
0.03% $1 $9,999 Learn More
Money Market
0.05% $10,000 $25,000 Learn More
Money Market
0.10% $25,001 $100,000 Learn More
3 Mo CD
0.07% $1,000 - Learn More
6 Mo CD
0.15% $1,000 - Learn More
12 Mo CD
0.25% $1,000 - Learn More
18 Mo CD
0.30% $1,000 - Learn More
24 Mo CD
0.35% $1,000 - Learn More
30 Mo CD
0.40% $1,000 - Learn More
36 Mo CD
0.45% $1,000 - Learn More
48 Mo CD
0.55% $1,000 - Learn More
60 Mo CD
0.65% $1,000 - Learn More

Fixed IRA
0.20% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1,000 - Learn MoreShow Less

Loan Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Community Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to First Community Bank
To upload and update your bank's rates please register. It is free to register and add rates.


First Community Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

First Community Bank Locations

Financial Details

First Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Community Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Community Bank U.S. Bank Average
4.9% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2019, First Community Bank had $16,500,000 in non-current loans and $3,969,000 in owned real estate. To cover these potential losses it had $399,294,000 in equity and $18,425,000 in loans loss reserves. That gives it a Texas Ratio of 4.9%.

Return on Equity
First Community Bank U.S. Bank Average
11.96% 9.41%

First Community Bank has a Return on Equity of 11.96% versus the BestCashCow average of 9.41%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

First Community Bank U.S. Bank Average
14.28% 12.82%

First Community Bank has a Capitalization of 14.28% versus the BestCashCow average of 12.82. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Community Bank Balance Sheet Analysis

As of December 31, 2019, First Community Bank had assets of $2,796,982,000, loans of $2,096,114,000, and deposits of $2,353,910,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2019
Cash & Balances due from depository institutions $ 69.01 million
Interest-bearing balances $ 15.14 million
Total securities $ 169.57 million
Federal funds sold and reverse repurchase $ 148.00 million
Net loans and leases $ 2.10 billion
Loan loss allowance $ 18.43 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.97 million
Goodwill and other intangibles $ 138.08 million
All other assets $ 109.41 million
     Total Assets $ 2.40 billion
Total deposits $ 2.35 billion
      Interest-bearing deposits $ 1,490.94 million
      Deposits held in domestic offices $ 2.35 billion
      % insured (estimated) 91.36%
Federal funds purchased and repurchase agreements $ 1.60 million
Trading liabilities N.A.
Other borrowed funds $ 0.04 million
Subordinated debt N.A.
All other liabilities $ 42.14 million
      Total Liabilities $ 2.40 billion
      Shareholders’ Equity $ 399.29 million

Summary Income Statement

December 31, 2019
Total Interest Income $ 95.39 million
Total Interest Expense $ 5.52 million
Net interest income $ 89.87 million
Provision for loan and lease losses $ 3.57 million
Total non interest income $ 34.05 million
Total non interest expense $ 69.54 million
Pre-tax Net Operating Income $ 50.82 million

Bank Loan Profile?

The top three loan types in First Community Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, First Community Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 43.30
Credit Card Loans 0.30
Consumer Auto Loans 2.23
Small Business Loans 13.14
Construction and Development Loans 3.15
Commercial Real Estate 33.82
Commercial and Industrial Loans 6.67
Farm Loans 0.56

Frequently Asked Questions About First Community Bank

Branches and Savings

Is First Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #13012.

Why does First Community Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Community Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Community Bank a commercial bank?


Where are First Community Bank locations?

See branch locations nearby.

Is First Community Bank open on Saturdays?

Is First Community Bank open on Sundays?

What time does First Community Bank open?

What time does First Community Bank close?

Are First Community Bank ATMs Open 24/7?

Do First Community Bank ATMs accept cash deposits?

Can First Community Bank customers use other ATMs?

Do First Community Bank branches have notaries?

Will First Community Bank notarize my document?

What address for First Community Bank should I put for incoming ACH transfers?

Will the First Community Bank branch print checks?

Do First Community Bank checks expire?

Does First Community Bank require US citizenship to open account?

Can First Community Bank close my account?

Does First Community Bank Report to credit bureaus?

Does First Community Bank Use Equifax?

What is First Community Bank's ACH Routing Number?

What is First Community Bank's SWIFT code?


Does First Community Bank offer mortgages?

Compare mortgage rates here.

Does First Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Community Bank offer personal loans?

Compare personal loan rates here.

Does First Community Bank offer student loans?

Will First Community Bank cash a check?

Will First Community Bank redeem a savings bond?

Does First Community Bank cash savings bonds?

Will First Community Bank cash money orders?

Can First Community Bank issue a money order?

Does First Community Bank do currency exchange?

Background on The Bank

Who owns First Community Bank?

How long has First Community Bank been around?

Can First Community Bank transfer to other banks?

Does First Community Bank have quick pay?

Does First Community Bank accept rolled coins?

Will First Community Bank accept loose change?

Where is First Community Bank headquarters?

Customer Reviews for First Community Bank

There are currently no comments for First Community Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →