First Community Bankshares, Inc. Announces Management Changes
May 28, 2019 at 05:07 pm EDT
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On May 28, 2019, the First Community Bankshares, Inc. announced the planned retirement of its Chief Operating Officer, E. Stephen Lilly, effective December 31, 2019. The Company appointed Jason R. Belcher, currently the Company's Chief Administrative Officer, as Chief Operating Officer effective January 1, 2020. As part of Mr. Lilly’s transition to retirement, Jason R. Belcher, currently serving as the Corporation’s banking subsidiary’s Senior Vice President and Chief Administrative Officer, will assume the role of Chief Operating Officer. Mr. Lilly’s direct reports remain unchanged.
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 BANKSHARES, INC. 
