401k Plan data: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN plan

FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 401k Plan overview

Plan Name	FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN
Plan identification number	002

FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FIRST CENTURY BANKSHARES, INC. has sponsored the creation of one or more 401k plans.

Company Name: FIRST CENTURY BANKSHARES, INC.

Employer identification number (EIN): 550126747

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2018-01-01
002 2017-01-01 DANYL FREEMAN
002 2016-01-01 JAMES R. HYPES
002 2015-01-01 JAMES R HYPES
002 2014-01-01 JOHN P. BECKETT, JR.
002 2013-01-01 JOHN P. BECKETT, JR.
002 2012-01-01 JOHN P. BECKETT, JR.
002 2011-01-01 JOHN P. BECKETT, JR.
002 2009-01-01 JOHN P. BECKETT, JR.

Plan Statistics for FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN

401k plan membership statisitcs for FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN

Measure Date Value
2018: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 0
Number of retired or separated participants receiving benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 0
Number of participants with account balances 2018-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 177
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 76
Number of retired or separated participants receiving benefits 2017-01-01 3
Number of other retired or separated participants entitled to future benefits 2017-01-01 47
Total of all active and inactive participants 2017-01-01 126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 126
Number of participants with account balances 2017-01-01 119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 184
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 134
Number of retired or separated participants receiving benefits 2016-01-01 3
Number of other retired or separated participants entitled to future benefits 2016-01-01 32
Total of all active and inactive participants 2016-01-01 169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 1
Total participants 2016-01-01 170
Number of participants with account balances 2016-01-01 151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 178
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 136
Number of retired or separated participants receiving benefits 2015-01-01 2
Number of other retired or separated participants entitled to future benefits 2015-01-01 34
Total of all active and inactive participants 2015-01-01 172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 172
Number of participants with account balances 2015-01-01 154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 184
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 144
Number of retired or separated participants receiving benefits 2014-01-01 2
Number of other retired or separated participants entitled to future benefits 2014-01-01 26
Total of all active and inactive participants 2014-01-01 172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 172
Number of participants with account balances 2014-01-01 152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 4
2013: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 183
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 144
Number of retired or separated participants receiving benefits 2013-01-01 1
Number of other retired or separated participants entitled to future benefits 2013-01-01 26
Total of all active and inactive participants 2013-01-01 171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 171
Number of participants with account balances 2013-01-01 145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 176
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 138
Number of retired or separated participants receiving benefits 2012-01-01 1
Number of other retired or separated participants entitled to future benefits 2012-01-01 30
Total of all active and inactive participants 2012-01-01 169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 1
Total participants 2012-01-01 170
Number of participants with account balances 2012-01-01 152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 167
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 144
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 23
Total of all active and inactive participants 2011-01-01 167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 168
Number of participants with account balances 2011-01-01 150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 186
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 165
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 19
Total of all active and inactive participants 2009-01-01 184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 184
Number of participants with account balances 2009-01-01 166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2018: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	0
Number of retired or separated participants receiving benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	0
Number of participants with account balances	2018-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	177
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	76
Number of retired or separated participants receiving benefits	2017-01-01	3
Number of other retired or separated participants entitled to future benefits	2017-01-01	47
Total of all active and inactive participants	2017-01-01	126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	126
Number of participants with account balances	2017-01-01	119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	184
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	134
Number of retired or separated participants receiving benefits	2016-01-01	3
Number of other retired or separated participants entitled to future benefits	2016-01-01	32
Total of all active and inactive participants	2016-01-01	169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	1
Total participants	2016-01-01	170
Number of participants with account balances	2016-01-01	151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	178
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	136
Number of retired or separated participants receiving benefits	2015-01-01	2
Number of other retired or separated participants entitled to future benefits	2015-01-01	34
Total of all active and inactive participants	2015-01-01	172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	172
Number of participants with account balances	2015-01-01	154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	184
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	144
Number of retired or separated participants receiving benefits	2014-01-01	2
Number of other retired or separated participants entitled to future benefits	2014-01-01	26
Total of all active and inactive participants	2014-01-01	172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	172
Number of participants with account balances	2014-01-01	152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	4
2013: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	183
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	144
Number of retired or separated participants receiving benefits	2013-01-01	1
Number of other retired or separated participants entitled to future benefits	2013-01-01	26
Total of all active and inactive participants	2013-01-01	171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	171
Number of participants with account balances	2013-01-01	145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	176
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	138
Number of retired or separated participants receiving benefits	2012-01-01	1
Number of other retired or separated participants entitled to future benefits	2012-01-01	30
Total of all active and inactive participants	2012-01-01	169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	1
Total participants	2012-01-01	170
Number of participants with account balances	2012-01-01	152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	167
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	144
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	23
Total of all active and inactive participants	2011-01-01	167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	168
Number of participants with account balances	2011-01-01	150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	186
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	165
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	19
Total of all active and inactive participants	2009-01-01	184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	184
Number of participants with account balances	2009-01-01	166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN

Measure	Date	Value
2018 : FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2018 401k financial data
Total transfer of assets from this plan	2018-12-31	$8,549,390
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$-142,253
Total of all expenses incurred	2018-12-31	$2,074,375
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$2,047,165
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$356,637
Value of total assets at end of year	2018-12-31	$0
Value of total assets at beginning of year	2018-12-31	$10,766,018
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$27,210
Total interest from all sources	2018-12-31	$10,348
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$378,174
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2018-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$378,174
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$200,869
Participant contributions at end of year	2018-12-31	$0
Participant contributions at beginning of year	2018-12-31	$107,019
Assets. Other investments not covered elsewhere at beginning of year	2018-12-31	$507,243
Administrative expenses (other) incurred	2018-12-31	$27,210
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-2,216,628
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$10,766,018
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$9,796,172
Income. Interest from loans (other than to participants)	2018-12-31	$4,671
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$355,584
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$355,584
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$5,677
Asset value of US Government securities at end of year	2018-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-887,412
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$155,768
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$2,047,165
Liabilities. Value of benefit claims payable at end of year	2018-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2018-12-31	$0
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	ARNETT CARBIS TOOTHMAN LLP
Accountancy firm EIN	2018-12-31	550486667
2017 : FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$2,097,901
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$2,849,849
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$2,829,689
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$396,787
Value of total assets at end of year	2017-12-31	$10,766,018
Value of total assets at beginning of year	2017-12-31	$11,517,966
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$20,160
Total interest from all sources	2017-12-31	$10,872
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$439,066
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$439,066
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$201,656
Participant contributions at end of year	2017-12-31	$107,019
Participant contributions at beginning of year	2017-12-31	$224,293
Assets. Other investments not covered elsewhere at end of year	2017-12-31	$507,243
Assets. Other investments not covered elsewhere at beginning of year	2017-12-31	$517,503
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$25,589
Other income not declared elsewhere	2017-12-31	$59,151
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$-751,948
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$10,766,018
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$11,517,966
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$9,796,172
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$9,799,911
Interest on participant loans	2017-12-31	$7,659
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$355,584
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$976,259
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$976,259
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$3,213
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,192,025
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$169,542
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$2,829,689
Contract administrator fees	2017-12-31	$20,160
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	ANDERSON & REED, LLP
Accountancy firm EIN	2017-12-31	540617257
2016 : FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$3,252,662
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$1,261,251
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$1,233,901
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$2,548,934
Value of total assets at end of year	2016-12-31	$11,517,966
Value of total assets at beginning of year	2016-12-31	$9,526,555
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$27,350
Total interest from all sources	2016-12-31	$11,108
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$348,246
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$348,246
Administrative expenses professional fees incurred	2016-12-31	$9,000
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$262,265
Participant contributions at end of year	2016-12-31	$224,293
Participant contributions at beginning of year	2016-12-31	$213,283
Assets. Other investments not covered elsewhere at end of year	2016-12-31	$517,503
Assets. Other investments not covered elsewhere at beginning of year	2016-12-31	$379,577
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$2,066,031
Other income not declared elsewhere	2016-12-31	$137,993
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$1,991,411
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$11,517,966
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$9,526,555
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Investment advisory and management fees	2016-12-31	$14,645
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$9,799,911
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$8,305,995
Interest on participant loans	2016-12-31	$10,640
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$976,259
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$627,700
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$627,700
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$468
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$206,381
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$220,638
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$1,233,901
Contract administrator fees	2016-12-31	$3,705
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	ANDERSON & REED, LLP
Accountancy firm EIN	2016-12-31	540617257
2015 : FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$687,333
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$820,860
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$791,854
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$639,128
Value of total assets at end of year	2015-12-31	$9,526,555
Value of total assets at beginning of year	2015-12-31	$9,660,082
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$29,006
Total interest from all sources	2015-12-31	$8,145
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$401,798
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$401,798
Administrative expenses professional fees incurred	2015-12-31	$9,005
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$500,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$284,753
Participant contributions at end of year	2015-12-31	$213,283
Participant contributions at beginning of year	2015-12-31	$131,735
Assets. Other investments not covered elsewhere at end of year	2015-12-31	$379,577
Assets. Other investments not covered elsewhere at beginning of year	2015-12-31	$367,689
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$125,922
Value of other receiveables (less allowance for doubtful accounts) at end of year	2015-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2015-12-31	$0
Other income not declared elsewhere	2015-12-31	$-6,457
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$-133,527
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$9,526,555
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$9,660,082
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$8,305,995
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$8,354,224
Interest on participant loans	2015-12-31	$8,142
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$627,700
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$806,434
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$806,434
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$3
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-355,281
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$228,453
Employer contributions (assets) at end of year	2015-12-31	$0
Employer contributions (assets) at beginning of year	2015-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$791,854
Contract administrator fees	2015-12-31	$20,001
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	ANDERSON & REED, LLP
Accountancy firm EIN	2015-12-31	540617257
2014 : FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$1,022,517
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$601,155
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$573,762
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$572,688
Value of total assets at end of year	2014-12-31	$9,660,082
Value of total assets at beginning of year	2014-12-31	$9,238,720
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$27,393
Total interest from all sources	2014-12-31	$7,818
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$445,887
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$445,887
Administrative expenses professional fees incurred	2014-12-31	$8,757
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$298,756
Participant contributions at end of year	2014-12-31	$131,735
Participant contributions at beginning of year	2014-12-31	$202,522
Assets. Other investments not covered elsewhere at end of year	2014-12-31	$367,689
Assets. Other investments not covered elsewhere at beginning of year	2014-12-31	$332,431
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$33,706
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-12-31	$108
Other income not declared elsewhere	2014-12-31	$-23,976
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$421,362
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$9,660,082
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$9,238,720
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$15,386
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$8,354,224
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$7,898,065
Interest on participant loans	2014-12-31	$7,700
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$806,434
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$801,772
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$801,772
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-12-31	$118
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$20,100
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$240,226
Employer contributions (assets) at end of year	2014-12-31	$0
Employer contributions (assets) at beginning of year	2014-12-31	$3,822
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$573,762
Contract administrator fees	2014-12-31	$3,250
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	BROWN EDWARDS AND COMPANY, LLP
Accountancy firm EIN	2014-12-31	540504608
2013 : FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$1,842,509
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$630,380
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$604,644
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$497,361
Value of total assets at end of year	2013-12-31	$9,238,720
Value of total assets at beginning of year	2013-12-31	$8,026,591
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$25,736
Total interest from all sources	2013-12-31	$7,715
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$300,313
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$300,313
Administrative expenses professional fees incurred	2013-12-31	$9,523
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$267,661
Participant contributions at end of year	2013-12-31	$202,522
Participant contributions at beginning of year	2013-12-31	$196,625
Assets. Other investments not covered elsewhere at end of year	2013-12-31	$332,431
Assets. Other investments not covered elsewhere at beginning of year	2013-12-31	$213,213
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$6,886
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$108
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$0
Other income not declared elsewhere	2013-12-31	$100,259
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$1,212,129
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$9,238,720
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$8,026,591
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Investment advisory and management fees	2013-12-31	$12,887
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$7,898,065
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$6,876,658
Interest on participant loans	2013-12-31	$7,637
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$801,772
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$740,095
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$740,095
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$78
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$936,861
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$222,814
Employer contributions (assets) at end of year	2013-12-31	$3,822
Employer contributions (assets) at beginning of year	2013-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$604,644
Contract administrator fees	2013-12-31	$3,326
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	BROWN EDWARDS AND COMPANY, LLP
Accountancy firm EIN	2013-12-31	540504608
2012 : FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$1,407,546
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$903,519
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$885,001
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$638,957
Value of total assets at end of year	2012-12-31	$8,026,591
Value of total assets at beginning of year	2012-12-31	$7,522,564
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$18,518
Total interest from all sources	2012-12-31	$9,492
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$185,342
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$185,342
Administrative expenses professional fees incurred	2012-12-31	$7,750
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$281,230
Participant contributions at end of year	2012-12-31	$196,625
Participant contributions at beginning of year	2012-12-31	$263,808
Assets. Other investments not covered elsewhere at end of year	2012-12-31	$213,213
Assets. Other investments not covered elsewhere at beginning of year	2012-12-31	$97,102
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$148,266
Other income not declared elsewhere	2012-12-31	$14,200
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$504,027
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$8,026,591
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$7,522,564
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Investment advisory and management fees	2012-12-31	$7,300
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$6,876,658
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$6,651,575
Interest on participant loans	2012-12-31	$9,419
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$740,095
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$509,919
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$509,919
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$73
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$559,555
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$209,461
Employer contributions (assets) at end of year	2012-12-31	$0
Employer contributions (assets) at beginning of year	2012-12-31	$160
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$885,001
Contract administrator fees	2012-12-31	$3,468
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	BROWN EDWARDS AND COMPANY, LLP
Accountancy firm EIN	2012-12-31	540504608
2011 : FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$373,697
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$424,145
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$412,621
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$504,965
Value of total assets at end of year	2011-12-31	$7,522,564
Value of total assets at beginning of year	2011-12-31	$7,573,012
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$11,524
Total interest from all sources	2011-12-31	$11,592
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$218,652
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$218,652
Administrative expenses professional fees incurred	2011-12-31	$7,500
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$289,727
Participant contributions at end of year	2011-12-31	$263,808
Participant contributions at beginning of year	2011-12-31	$252,071
Assets. Other investments not covered elsewhere at end of year	2011-12-31	$97,102
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$1,250
Other income not declared elsewhere	2011-12-31	$602
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-50,448
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$7,522,564
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$7,573,012
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$174
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$6,651,575
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$6,504,074
Interest on participant loans	2011-12-31	$11,523
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$509,919
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$816,465
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$816,465
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$69
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-362,114
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$213,988
Employer contributions (assets) at end of year	2011-12-31	$160
Employer contributions (assets) at beginning of year	2011-12-31	$402
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$412,621
Contract administrator fees	2011-12-31	$3,850
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	BROWN EDWARDS AND COMPANY, LLP
Accountancy firm EIN	2011-12-31	540504608
2010 : FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$1,340,459
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$1,225,864
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$1,214,273
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$552,106
Value of total assets at end of year	2010-12-31	$7,573,012
Value of total assets at beginning of year	2010-12-31	$7,458,417
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$11,591
Total interest from all sources	2010-12-31	$11,063
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$166,873
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$166,873
Administrative expenses professional fees incurred	2010-12-31	$7,400
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$317,733
Participant contributions at end of year	2010-12-31	$252,071
Participant contributions at beginning of year	2010-12-31	$207,130
Administrative expenses (other) incurred	2010-12-31	$925
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$114,595
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$7,573,012
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$7,458,417
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$6,504,074
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$5,862,695
Interest on participant loans	2010-12-31	$11,063
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$816,465
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$1,388,592
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$1,388,592
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$610,417
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$234,373
Employer contributions (assets) at end of year	2010-12-31	$402
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$1,214,273
Contract administrator fees	2010-12-31	$3,266
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	BROWN EDWARDS AND COMPANY, LLP
Accountancy firm EIN	2010-12-31	540504608
2009 : FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN

2018: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	Yes
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: FIRST CENTURY BANKSHARES, INC. AND AFFILIATES EMPLOYEES RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 62918-2

Policy instance

Insurance contract or identification number	MR 62918-2
Number of Individuals Covered	0
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	FIRST CENTURY BANKSHARES, INC.
Employer identification number (EIN):	550126747
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Plan id#	Filing Submission Date	Name of Administrator
002	2018-01-01
002	2017-01-01	DANYL FREEMAN
002	2016-01-01	JAMES R. HYPES
002	2015-01-01	JAMES R HYPES
002	2014-01-01	JOHN P. BECKETT, JR.
002	2013-01-01	JOHN P. BECKETT, JR.
002	2012-01-01	JOHN P. BECKETT, JR.
002	2011-01-01	JOHN P. BECKETT, JR.
002	2009-01-01	JOHN P. BECKETT, JR.