First Community Bank: how it compares with its peers
Against 12 VA banks with half to twice its assets, First Community Bank's strongest measure in Q2 2026 is return on assets (2.05% vs. a 1.16% peer median). Its weakest relative measure is assets per employee ($5.9M vs. $8.1M).
| Measure | First Community Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.05% | 1.16% | Top third Ahead of 92% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.44% | 3.49% | Top third Ahead of 92% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 52.56% | 60.58% | Middle third Ahead of 58% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.9M | $8.1M | Bottom third Ahead of 8% of peers |
| Loans to deposits Net loans and leases over total deposits. | 79.86% | 92.05% | Context |
What it means for lending operations
Its efficiency ratio of 52.56% is better than the 60.58% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- The First Bank and Trust Company Lebanon, VA · $4.28B
- Primis Bank Tappahannock, VA · $4.34B
- Citizens and Farmers Bank West Point, VA · $2.79B
- Carter Bank & Trust Martinsville, VA · $4.80B
- John Marshall Bank Reston, VA · $2.40B
- FVCbank Fairfax, VA · $2.36B
Questions about First Community Bank
How big is First Community Bank?
First Community Bank, established in 1920, is headquartered in Bluefield, VA. It reported $3.61B in total assets in its Q2 2026 FDIC call report and operates 67 offices.
What is First Community Bank's return on assets?
2.05% annualized in Q2 2026, against a 1.16% median for 12 VA banks with half to twice its assets, ahead of 92% of them.
What is First Community Bank's efficiency ratio?
52.56% in Q2 2026: it spent about 53 cents in noninterest expense for each dollar of revenue. The peer median is 60.58%, and lower is better.
Is First Community Bank growing its loans?
Net loans grew 4.6% over the year to Q2 2026, while deposits grew 14.3%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are VA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Virginia bank ranked.