2024-11-15T17:12:50-06:00 2023-12-31 350921680 CROWE LLP 225 WEST WACKER DRIVE SUITE 2600 CHICAGO IL 606061224 990 2023-01-01 541957458 FIRST COMMUNITY BANKSHARES INC WELFARE BENEFITS TRUST FIRS 2763269000 PO BOX 989 BLUEFIELD VA 24605 DAVID BROWN CFO 2763269000 2024-11-15 1 0 JENNIFER BURKE P01342224 3128997000 2024-11-15 2023 2024-10-15 13:58:12Z DAVID BROWN PO BOX 989 BLUEFIELD VA 24605 6760583 0 X N/A X 1999 VA TO PROVIDE PAYMENT OF MEDICAL, DENTAL, VISION, AND CANCER BENEFITS. 1 1 0 1 18415 15915 0 0 5784280 6742168 2071 18415 0 0 5786351 6760583 0 0 4537827 5386100 0 0 0 0 0 1390693 1245981 5928520 6632081 -142169 128502 482181 690972 0 0 482181 690972 TO PROVIDE PAYMENT OF MEDICAL, DENTAL, VISION, AND CANCER BENEFITS. 0 0 TO PROVIDE PAYMENT OF MEDICAL, DENTAL, VISION, AND CANCER BENEFITS FOR THE PARTICIPANTS, DEPENDENTS, OR DESIGNATED BENEFICIARIES. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X FIRST COMMUNITY BANKSHARES INC 2763269000 PO BOX 989 BLUEFIELD VA 24605 FIRST COMMUNITY BANK NA TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 EMPLOYEE/EMPLOYER CONT 525100 5602358 5602358 STOP LOSS REIMBURSEMEN 525100 1139810 1139810 6742168 18415 18415 6760583 6742168 18415 0 5386100 STOP LOSS INSURANCE 826436 ADMINISTRATIVE EXPENSES 303276 INSURANCE PREMIUMS 116269 6632081 216760 482181 365289 108923 482181 690972 0 0 X 0 0 0 0 482181 690972 482181 690972 482181 690972 X 128502 80289 X 0 1 X 0 0 0 X 5620773 0 5620773 1139810 1139810 6760583 5492271 0 5492271 1139810 1139810 6632081 PART X, LINE 2: GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUBSTANTIATED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: STOP LOSS REIMBURSEMENTS PART XII, LINE 4B - OTHER ADJUSTMENTS: STOP LOSS REIMBURSEMENTS FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE TRUST MAKES ITS FORM 990 AVAILABLE TO BOARD MEMBERS PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 18 COPIES OF THE THREE MOST RECENT ANNUAL INFORMATION RETURNS ALONG WITH THE TRUST'S EXEMPTION APPLICATION AND EXEMPTION LETTER ARE AVAILABLE AND MAY BE INSPECTED UPON REQUEST MADE IN PERSON OR IN WRITING RECEIVED AT FIRST COMMUNITY BANKSHARES, INC., CORPORATE CENTER, BLUEFIELD, VA. FORM 990, PART VI, SECTION C, LINE 19 THE TRUST'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE THREE MOST RECENT FINANCIAL STATEMENTS ARE AVAILABLE AND MAY BE INSPECTED UPON REQUEST MADE IN PERSON OR IN WRITING RECEIVED AT FIRST COMMUNITY BANKSHARES, INC., CORPORATE CENTER, BLUEFIELD, VA. FORM 990, PART XI, LINE 9: ACCRUAL TO CASH ADJUSTMENT 80,289. FIRST COMMUNITY BANKSHARES INC PO BOX 989 BLUEFILED VA 24605 550694814 BANK VA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0