First Community Bancshares, Inc. reported unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2013. For the quarter, total interest income was $27,364,000 against $31,256,000 a year ago. Net interest income was $23,092,000 against $26,136,000 a year ago. Income before income taxes was $7,760,000 against $12,396,000 a year ago. Net income available to common shareholders was $5,072,000 or $0.26 per diluted share against $8,167,000 or $0.40 per diluted share a year ago. Return on average assets was 0.77% against 1.19% a year ago. Return on average common equity was 6.14% against 9.59% a year ago. Core earnings, non-GAAP was $6,346,000 or $0.31 per diluted share against $8,845,000 or $0.41 per diluted share a year ago. Core return on average assets was 0.96% against 1.29% a year ago. Core return on average common equity was 7.69% against 10.38% a year ago.

For the year, total interest income was $109,476,000 against $109,656,000 a year ago. Net interest income was $91,642,000 against $90,056,000 a year ago. Income before income taxes was $34,220,000 against $42,705,000 a year ago. Net income available to common shareholders was $22,288,000 or $1.11 per diluted share against $27,519,000 or $1.40 per diluted share a year ago. Return on average assets was 0.84% against 1.10% a year ago. Return on average common equity was 6.57% against 8.70% a year ago. Core earnings, non-GAAP was $24,804,000 or $1.18 per diluted share against $30,541,000 or $1.50 per diluted share a year ago. Core return on average assets was 0.93% against 1.22% a year ago. Core return on average common equity was 7.31% against 9.66% a year ago. Book value per as-converted common share increased to $16.79 as of December 31, 2013, compared with $16.76 as of December 31, 2012.

For the quarter, the company reported net charge-offs of $1,755,000 against $1,285,000 a year ago.