Core Viewpoint - First Community Bankshares, Inc. reported its financial results for the second quarter of 2025, showing a net income of $12.25 million, a decrease of 3.47% compared to the same quarter in 2024, and a net income of $24.06 million for the first half of 2025, down 5.75% year-over-year [1][6]. Financial Performance - The company declared a quarterly cash dividend of $0.31 per common share, marking the 40th consecutive year of regular dividends and the 15th consecutive year of dividend increases [2]. - Noninterest income increased by approximately $998 thousand, or 10.68%, compared to the same quarter of 2024, primarily due to a rise in service charges on deposits [6]. - Noninterest expense rose by $558 thousand, or 2.24%, compared to the same period in 2024, driven by increases in salaries and benefits [6]. Asset Quality and Balance Sheet - Consolidated assets totaled $3.18 billion as of June 30, 2025, with loans decreasing by $62.81 million, or 2.60%, from December 31, 2024 [6][26]. - Total non-performing assets were $19.17 million as of June 30, 2025, down from $20.67 million at the end of 2024 [6]. - The allowance for credit losses to total loans was 1.40% at June 30, 2025, compared to 1.44% at December 31, 2024 [6]. Awards and Recognition - The company received the 2024 Raymond James Community Bankers Cup, recognizing its superior financial performance among the top 10% of community banks in the U.S. [3]. Stockholder Information - The company repurchased 50,338 common shares during the second quarter of 2025 at a cost of $1.85 million, with no shares repurchased in the first quarter of 2025 [6]. - Book value per share at June 30, 2025, was $27.46, a decrease of $1.27 from year-end 2024, primarily due to a special cash dividend payment [6].