First Community Bancshares, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total interest income of $28,181,000 compared to $27,364,000 a year ago. Net interest income was $24,710,000 compared to $23,092,000 a year ago. Net interest income after provision for loan losses was $25,198,000 compared to $21,564,000 a year ago. Income before income taxes was $8,646,000 compared to $7,760,000 a year ago. Net income was $5,715,000 compared to $5,324,000 a year ago. Net income available to common shareholders was $5,488,000 compared to $5,072,000 a year ago. Diluted earnings per share were $0.29 compared to $0.26 a year ago. Return on average assets was 0.80% compared to 0.77% a year ago. Return on average common equity was 6.48% compared to 6.14% a year ago. Core earnings, non-GAAP was $8,791,000 compared to $5,394,000 a year ago. Core return on average assets was 1.28% compared to 0.96% a year ago. Core return on average common equity was 10.39% compared to 7.69% a year ago. Core return on average tangible common equity was 15.50% compared to 11.47% a year ago. Core diluted earnings per common share was $0.45 compared to $0.31 a year ago.

For the full year, the company reported total interest income of $106,108,000 compared to $109,476,000 a year ago. Net interest income was $90,818,000 compared to $91,642,000 a year ago. Net interest income after provision for loan losses was $90,673,000 compared to $83,434,000 a year ago. Income before income taxes was $37,814,000 compared to $34,220,000 a year ago. Net income was $25,490,000 compared to $23,312,000 a year ago. Net income available to common shareholders was $24,580,000 compared to $22,288,000 a year ago. Diluted earnings per share were $1.31 compared to $1.11 a year ago. Return on average assets was 0.94% compared to 0.84% a year ago. Return on average common equity was 7.51% compared to 6.57% a year ago. . Core earnings, non-GAAP was $30,578,000 compared to $24,804,000 a year ago. Core return on average assets was 1.17% compared to 0.93% a year ago. Core return on average common equity was 9.34% compared to 7.31% a year ago. Core return on average tangible common equity was 13.99% compared to 10.74% a year ago. Core diluted earnings per common share was $1.57 compared to $1.18 a year ago.