SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                         PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


                                October 23, 2003
-------------------------------------------------------------------------------
                        (Date of earliest event reported)


                        FIRST COMMUNITY BANCSHARES, INC.
-------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


Nevada                                  000-19297                55-0694814
-------------------------------------------------------------------------------
(State or other jurisdiction     (Commission File Number)      (IRS Employer
of incorporation)                                            Identification No.)


P.O. Box 989, Bluefield, Virginia                                  24605-0989
-------------------------------------------------------------------------------
(Address of principal executive offices)                           (Zip Code)


                                 (276) 326-9000
-------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)

                                 Not Applicable
-------------------------------------------------------------------------------
              (Former name, former address and former fiscal year,
                         if changed since last report)









ITEM 7.       FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

         (a)  Not applicable.

         (b)  Not applicable.

         (c)  The following exhibit is included with this Report:

              Exhibit 99.1   Press Release dated October 23, 2003.


ITEM 12.      Results of Operations and Financial Condition

         On October 23, 2003, First Community Bancshares, Inc. announced by
press release its earnings for the quarter ended September 30, 2003. A copy of
the press release is attached hereto as Exhibit 99.1. The information contained
in this Report on Form 8-K is furnished pursuant to Item 12 and shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended, or otherwise subject to the liabilities of that section, nor
shall such information be deemed incorporated by reference in any filing under
the Securities Exchange Act of 1933, as amended, except as shall be expressly
set forth by specific reference in such filing.




                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                              FIRST COMMUNITY BANCSHARES, INC.


                                              By: /s/ Robert L. Schumacher
                                                  ------------------------
                                                   Robert L. Schumacher
                                                   Chief Financial Officer


     Date:  October 23, 2003