First Community Bankshares Inc.

NASDAQ:FCBC   4:00:00 PM EDT
36.70
+0.66 (+1.83%)
4:02:05 PM EDT: $36.70 0.00 (0.00%)
Mergers / Acquisitions

First Community To Acquire Surrey And Its Wholly Owned Bank Subsidiary, Surrey Bank & Trust

Published: 11/18/2022 13:21 GMT
First Community Bankshares Inc. (FCBC) - First Community to Acquire Surrey and Its Wholly Owned Bank Subsidiary, Surrey Bank & Trust.
First Community Bankshares - Aggregate Transaction Value of Approximately $113.2 Million.
First Community Bank - Separate Merger Agreement Providing for Merger of Surrey Bank & Trust With and Into First Community Bank.
First Community Bankshares - Expects Transaction to Be Minimally Dilutive to Tangible Book Value per Share (non-GAAP).
First Community Bankshares - Expects Transaction to Provide Mid-single Digit Accretion to Earnings per Share.