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FIRST COMMUNITY CORP /SC/ (FCCO)

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Earnings summaries and quarterly performance for FIRST COMMUNITY CORP /SC/.

Research analysts covering FIRST COMMUNITY CORP /SC/.

Recent press releases and 8-K filings for FCCO.

First Community Corporation Announces Q4 and Full Year 2025 Results and Strategic Acquisition
FCCO
Earnings
Dividends
M&A
  • First Community Corporation reported net income of $4.830 million and diluted EPS of $0.62 for the fourth quarter of 2025, with full-year 2025 net income reaching $19.205 million and diluted EPS of $2.47.
  • The company achieved a net interest margin of 3.32% in Q4 2025, marking its seventh consecutive quarter of expansion, and reported total loan growth of $90.5 million (7.4%) and total deposit growth of $73.6 million (4.4%) for the year ended December 31, 2025.
  • The Board of Directors approved a cash dividend of $0.16 per common share for the fourth quarter of 2025 and authorized a share repurchase plan of up to $7.5 million.
  • FCCO completed its acquisition of Signature Bank of Georgia on January 8, 2026, which provides entry into a new market and a new line of business focused on SBA and other government-guaranteed lending.
Jan 28, 2026, 9:05 PM
First Community Corporation Reports Q4 and Full-Year 2025 Results, Completes Acquisition, and Announces Dividend
FCCO
Earnings
M&A
Dividends
  • First Community Corporation reported net income of $4.830 million and diluted EPS of $0.62 for the fourth quarter of 2025, and net income of $19.205 million and diluted EPS of $2.47 for the full year ended December 31, 2025.
  • The company completed its acquisition of Signature Bank of Georgia on January 8, 2026, which reported $197.8 million in loans and $235.3 million in deposits at December 31, 2025.
  • Total loans grew by $90.5 million (7.4%) for the year and $31.7 million in Q4 2025, while total deposits increased by $73.6 million (4.4%) for the year ended December 31, 2025.
  • Net interest margin on a tax equivalent basis was 3.32% in Q4 2025, marking the seventh consecutive quarter of margin expansion.
  • The Board of Directors approved a cash dividend of $0.16 per common share for Q4 2025 and a plan to repurchase up to $7.5 million of common stock.
Jan 28, 2026, 2:00 PM
First Community Corporation Completes Acquisition of Signature Bank of Georgia
FCCO
M&A
Management Change
Executive Compensation
  • First Community Corporation (FCCO) completed its acquisition of Signature Bank of Georgia, effective January 8, 2026.
  • Following the merger, the combined entity now holds more than $2.3 billion in assets, $2.1 billion in deposits, and $1.5 billion in loans, operating through 23 full-service offices.
  • The acquisition was valued at approximately $50.0 million as of December 31, 2025, with Signature Bank shareholders receiving 0.6410 shares of FCCO common stock for each share of Signature Bank common stock.
  • Fred J. "Freddie" Deutsch, former CEO of Signature Bank, was appointed as a director to the boards of First Community and First Community Bank, and will serve as Regional Market President and Director of Specialty Business Lending with an annual base salary of $270,350.
Jan 9, 2026, 2:15 PM
First Community Corporation Acquires Signature Bank of Georgia
FCCO
M&A
Board Change
New Projects/Investments
  • First Community Corporation completed its acquisition of Signature Bank of Georgia, effective January 8, 2026, in a deal valued at approximately $50.0 million as of December 31, 2025.
  • Signature Bank shareholders received 0.6410 shares of First Community's common stock for each share of Signature Bank common stock.
  • Following the merger, First Community Corporation's assets are more than $2.3 billion, with $2.1 billion in deposits and $1.5 billion in loans, expanding its network to 23 full-service offices and adding SBA/USDA lending.
  • Fred J. "Freddie" Deutsch and Jonathan W. "Jon" Been were appointed to the boards of directors of First Community and First Community Bank.
Jan 9, 2026, 2:00 PM
FCCO Reports Record Q3 2025 Earnings and Announces Acquisition of Signature Bank of Georgia
FCCO
M&A
Earnings
New Projects/Investments
  • First Community Corporation reported record earnings for Q3 2025, with Net Interest Margin (NIM) and Net Interest Income (NII) expansion, and record investment advisory Assets Under Management (AUM) exceeding $1.1 billion.
  • The company announced the acquisition of Signature Bank of Georgia, with the merger anticipated to close in early Q1 2026.
  • The acquisition is an all-stock transaction, where each Signature Bank of Georgia share will be exchanged for 0.6410x shares of FCCO common stock, representing an implied aggregate transaction value of $41.6 million or $15.92 per SGBG common share.
  • This strategic acquisition is expected to provide a foothold in the high-growth Atlanta-Sandy Springs-Roswell, Georgia MSA, add SBA/GGL lines of business, and is projected to result in ~4.4% 2026E EPS accretion with a 2.2 years TBVPS earnback.
Nov 5, 2025, 9:06 PM
First Community Corporation Announces Third Quarter 2025 Results and Cash Dividend
FCCO
Earnings
Dividends
M&A
  • First Community Corporation reported net income of $5.192 million and diluted EPS of $0.67 for the third quarter of 2025, representing a 34.5% and 34.0% increase year-over-year, respectively. Excluding merger expenses, net income was $5.630 million and diluted EPS was $0.72.
  • The company declared a cash dividend of $0.16 per common share for the third quarter of 2025, marking the 95th consecutive quarter of cash dividends paid.
  • Total loans increased by $19.3 million (6.1% annualized growth rate) and total deposits increased by $17.1 million (3.9% annualized growth rate) during the third quarter of 2025. Assets under management reached a record $1.103 billion at September 30, 2025.
  • FCCO maintained strong asset quality with a non-performing assets ratio of 0.04% and a past due ratio of 0.07% at September 30, 2025, while all regulatory capital ratios exceeded well-capitalized minimums.
  • The company's Board of Directors approved a plan to repurchase up to $7.5 million of its common stock, expiring on May 8, 2026, and is progressing with the acquisition of Signature Bank of Georgia, with financial closing anticipated early in the first quarter of 2026.
Oct 22, 2025, 1:00 PM