(Amounts in thousands, except share data)

Hometown

Adjustments

the Company

Assets

Cash and cash equivalents

$

28,547

$

-

$

28,547

Securities available for sale

171,138

(751

)

( a )

170,387

Loans held for investment, net of allowance and mark

173,211

(2,166

)

( b )

171,045

Premises and equipment

2,858

(401

)

( c )

2,457

Other assets

10,863

1,919

( d ), ( e )

12,782

Goodwill

7,067

(7,067

)

( f )

-

Intangible assets

-

8,590

( g )

8,590

Total assets

$

393,684

$

124

$

393,808

LIABILITIES

Deposits:

Noninterest bearing

$

56,421

$

-

$

56,421

Interest-bearing

301,582

(278

)

( h )

$

301,304

Total deposits

358,003

(278

)

357,725

Securities Sold Under Repo-Retail

1,314

Long term debt

-

Other liabilities

1,216

204

( i )

1,420

Total liabilities

360,533

(74

)

360,459

Net identifiable assets acquired over (under) liabilities assumed

33,151

198

33,349

Goodwill

-

1,726

Net assets acquired over liabilities assumed

$

33,151

$

1,924

$

35,075

Consideration:

First Community Bankshares, Inc. common stock issued

1,029,314

Purchase price per share of the Company's common stock

$

34.075

Fair Value of Company common stock issued

35,074

Cash paid for fractional shares

1

Fair Value of total consideration transferred

$

35,075