First Community (NASDAQ:FCCO) Bancshares, Inc. (NASDAQ: FCCO) is a bank holding company headquartered in Lynchburg, Virginia, that operates through its wholly owned subsidiary, First Community Bank. The company provides a comprehensive range of banking, financial and trust services to individuals, small businesses, and commercial clients. Its core offerings include deposit products, such as checking and savings accounts, as well as commercial and consumer loans, mortgage origination and servicing, treasury management, and wealth management solutions.
Founded in 1903, First Community has grown through a mix of organic expansion and strategic acquisitions to serve communities across central and eastern Virginia, the Carolinas and Tennessee. In recent years, the bank has enhanced its digital banking platforms with mobile deposit, online bill pay and remote treasury services to meet evolving customer needs. It maintains a network of full-service branches, loan production offices and investment centers that support local decision-making and community engagement.
The company’s commercial banking division offers specialized lending and depository services tailored to industries such as real estate, manufacturing, professional services and agriculture. Its consumer banking team focuses on home mortgages, home equity lines of credit, personal loans and auto financing. Through First Community Mortgage, the bank originates conforming and government-insured mortgages, servicing a diverse portfolio of homebuyers and investors. The trust department provides fiduciary, estate and investment management services for individuals, families and nonprofit organizations.
First Community Bancshares is led by Chairman and Chief Executive Officer Thomas D. Salyers, supported by a senior management team that includes Chief Financial Officer Tiffany L. Hiner and Executive Vice President of Commercial Banking John M. Gates. The board of directors comprises local business and civic leaders who guide the bank’s strategic direction, risk oversight and commitment to community development. The company remains focused on balancing financial performance with personalized service, continuing its tradition as a locally governed financial institution.
