First Community Bancshares, Inc. Announces Extension of Jason R. Belcher Employment Senior Vice President and Chief Administrative Officer of Company Banking Subsidiary
December 21, 2018 at 05:02 pm EST
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On May 14, 2018, First Community Bankshares, Inc. announced that Jason R. Belcher, Senior Vice President and Chief Risk Officer of the company’s banking subsidiary and a current Named Executive Officer of the company, intended to leave the company to assume a management role with Mr. Belcher’s family business. The company and Mr. Belcher originally anticipated that he would stay with the company through September 30, 2018; however, September 27, 2018, the company announced that the parties had mutually agreed to extend Mr. Belcher’s employment through December 31, 2018. On December 19, 2018, Mr. Belcher formally rescinded his resignation and will remain employed by the company’s banking subsidiary in the capacity of Senior Vice President and Chief Administrative Officer.
First Community Bankshares, Inc. is a financial holding company, which provides banking products and services through its wholly owned subsidiary First Community Bank (the Bank). It operates in community banking segment, which consists of all operations, including commercial and consumer banking, lending activities, and wealth management. The Bank offers wealth management and investment advice through its Trust Division and wholly owned subsidiary First Community Wealth Management. Its commercial loans consist of loans to small and mid-size industrial, commercial, and service companies. Commercial real estate projects represent a variety of sectors of the commercial real estate market, including single family and apartment lessors, commercial real estate lessors, and hotel/motel operators. Consumer real estate loans segment consists of loans to individuals within its market footprint for home equity loans and lines of credit and for the purpose of financing residential properties.
First Community Bancshares, Inc. Announces Extension of Jason R. Belcher Employment Senior Vice President and Chief Administrative Officer of Company Banking Subsidiary
FIRST COMMUNITY BANKSHARES, INC. 
