<SEC-DOCUMENT>0001209191-23-032225.txt : 20230525
<SEC-HEADER>0001209191-23-032225.hdr.sgml : 20230525
<ACCEPTANCE-DATETIME>20230525171531
ACCESSION NUMBER:		0001209191-23-032225
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230523
FILED AS OF DATE:		20230525
DATE AS OF CHANGE:		20230525

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DAVIS C WILLIAM
		CENTRAL INDEX KEY:			0001649557

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19297
		FILM NUMBER:		23961994

	MAIL ADDRESS:	
		STREET 1:		C/O FIRST COMMUNITY BANCSHARES INC
		STREET 2:		PO BOX 989
		CITY:			BLUEFIELD
		STATE:			VA
		ZIP:			24605

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST COMMUNITY BANKSHARES INC /VA/
		CENTRAL INDEX KEY:			0000859070
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				550694814
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 989
		CITY:			BLUEFIELD
		STATE:			VA
		ZIP:			24605
		BUSINESS PHONE:		3043236300

	MAIL ADDRESS:	
		STREET 1:		29 COLLEGE DRIVE
		STREET 2:		P O BOX 989
		CITY:			BLUEFIELD
		STATE:			VA
		ZIP:			24605

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST COMMUNITY BANCSHARES INC /NV/
		DATE OF NAME CHANGE:	19971121

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FCFT INC
		DATE OF NAME CHANGE:	19930328
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
<TEXT>
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    <periodOfReport>2023-05-23</periodOfReport>

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        <issuerName>FIRST COMMUNITY BANKSHARES INC /VA/</issuerName>
        <issuerTradingSymbol>FCBC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001649557</rptOwnerCik>
            <rptOwnerName>DAVIS C WILLIAM</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 989</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BLUEFIELD</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>24605</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
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    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
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                <value>COMMON STOCK</value>
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            <transactionTimeliness>
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            <transactionAmounts>
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        </nonDerivativeTransaction>
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    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>RESTRICTED STOCK UNITS</value>
            </securityTitle>
            <conversionOrExercisePrice>
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            </conversionOrExercisePrice>
            <transactionDate>
                <value>2023-05-23</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>1233</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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                <footnoteId id="F4"/>
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            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>COMMON STOCK</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1233</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>1233</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeHolding>
            <securityTitle>
                <value>PHANTOM STOCK</value>
            </securityTitle>
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                <footnoteId id="F5"/>
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            <exerciseDate>
                <footnoteId id="F5"/>
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            <expirationDate>
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                <underlyingSecurityTitle>
                    <value>COMMON STOCK</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4730</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>4730</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By FCB Director Deferred Compensation Plan</value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeTransaction>
            <securityTitle>
                <value>RESTRICTED STOCK UNITS</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
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            <transactionDate>
                <value>2023-05-24</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>1105</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
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                    <value>D</value>
                </transactionAcquiredDisposedCode>
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                <footnoteId id="F1"/>
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                <footnoteId id="F1"/>
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                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeHolding>
            <securityTitle>
                <value>STOCK OPTION</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>33.00</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2022-03-31</value>
                <footnoteId id="F6"/>
            </exerciseDate>
            <expirationDate>
                <value>2031-03-19</value>
            </expirationDate>
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                <underlyingSecurityTitle>
                    <value>COMMON STOCK</value>
                </underlyingSecurityTitle>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3958</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each restricted stock unit represents a contingent right to receive one share of First Community Bankshares Inc. common stock, or at the reporting persons election, the cash value thereof.  The restricted stock units vest in one installment on May 24, 2023.</footnote>
        <footnote id="F2">Shares also increased due to quarterly dividend reinvestment.</footnote>
        <footnote id="F3">These shares were acquired upon the vesting of previously reported equity awards, and were disposed of to permit the cash value of the awards to be credited to the reporting persons deferred compensation plan account.</footnote>
        <footnote id="F4">Each restricted stock unit represents a contingent right to receive one share of First Community Bankshares Inc. common stock, or at the reporting persons election, the cash value thereof.  The restricted stock units vest in one installment on May 23, 2024.</footnote>
        <footnote id="F5">Each share of phantom stock is the economic of one share of common stock.  The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.</footnote>
        <footnote id="F6">Stock options vest in three equal installments over three years beginning with 03/31/2022.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>C. William Davis by: Sarah W. Harmon (His Attorney-in-Fact)</signatureName>
        <signatureDate>2023-05-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
