NASDAQ : FCCO
First Community Corporation — Financial statements
Financials · Banks - Regional · United States
Last price 32.98 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 310.02M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 88.72M | 73.66M | 66.43M | 52.32M | 39.23M | 39.67M |
| Interest Income on Investments | 23.40M | 23.40M | 22.99M | 20.38M | 11.88M | 7.85M |
| Total Interest Income | 112.12M | 97.05M | 89.42M | 72.70M | 51.12M | 47.52M |
| Interest Paid on Deposits | 33.91M | 31.25M | 31.17M | 16.56M | 1.85M | 1.74M |
| Interest Paid on Borrowings | 3.79M | 3.79M | 6.21M | 7.24M | 1.32M | 501.00K |
| Total Interest Expense | 37.70M | 35.03M | 37.38M | 23.80M | 3.17M | 2.24M |
| Net Interest Income | 74.42M | 62.02M | 52.04M | 48.89M | 47.94M | 45.28M |
| Mortgage Banking Activities | 3.06M | 3.27M | 2.37M | 1.41M | 1.90M | 4.32M |
| Gain (Loss) on Sale of Assets | -129.00K | -5.00K | -73.00K | 117.00K | ||
| Gain (Loss) on Sale of Investments | -1.25M | |||||
| Other Non-Interest Income | 15.92M | 12.44M | 10.58M | 9.03M | 8.82M | 8.24M |
| Total Non-Interest Income | 19.86M | 16.75M | 13.90M | 10.30M | 11.56M | 13.73M |
| Revenues Before Loan Losses | 94.28M | 78.78M | 65.94M | 59.19M | 59.51M | 59.01M |
| Provision for Loan Losses | 881.00K | 770.00K | 809.00K | 1.13M | -152.00K | 335.00K |
| Revenue | 93.40M | 78.01M | 65.13M | 58.06M | 59.66M | 58.68M |
| Salaries and Employee Benefits | 33.71M | 28.88M | 26.62M | 25.86M | 25.36M | 24.49M |
| Federal Deposit Insurance | 1.10M | 1.12M | 1.18M | 904.00K | 468.00K | 618.00K |
| Amortization of Goodwill & Intangibles | 341.00K | 158.00K | 158.00K | 158.00K | 158.00K | 201.00K |
| Selling, General & Administrative | 10.00M | 9.58M | 8.70M | 6.22M | 5.60M | 5.42M |
| Other Non-Interest Expense | 13.87M | 12.20M | 10.71M | 10.11M | 9.36M | 8.37M |
| Total Non-Interest Expense | 59.12M | 52.07M | 47.47M | 43.14M | 41.25M | 39.20M |
| EBT Excluding Unusual Items | 34.29M | 25.93M | 17.66M | 14.92M | 18.40M | 19.48M |
| Other Unusual Items | 840.00K | 190.00K | 105.00K | 121.00K | 7.00K | 171.00K |
| Pretax Income | 32.48M | 24.86M | 17.77M | 15.04M | 18.41M | 19.65M |
| Income Tax Expense | 6.52M | 5.65M | 3.81M | 3.20M | 3.80M | 4.18M |
| Net Income | 25.97M | 19.20M | 13.96M | 11.84M | 14.61M | 15.46M |
| Net Income to Common | 25.97M | 19.20M | 13.96M | 11.84M | 14.61M | 15.46M |
| Basic Shares Outstanding | 8.91M | 7.66M | 7.62M | 7.57M | 7.53M | 7.49M |
| Diluted Shares Outstanding | 9.03M | 7.76M | 7.70M | 7.65M | 7.61M | 7.55M |
| EPS (Basic) | 2.92 | 2.51 | 1.83 | 1.56 | 1.94 | 2.06 |
| EPS (Diluted) | 2.88 | 2.47 | 1.81 | 1.55 | 1.92 | 2.05 |
| Dividend Per Share | 0.66 | 0.63 | 0.59 | 0.56 | 0.53 | 0.49 |
| Effective Tax Rate | 20.06% | 22.74% | 21.47% | 21.26% | 20.63% | 21.29% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 161.06M | 149.83M | 94.69M | 37.40M | 69.02M | |
| Investment Securities | 294.20M | 145.52M | 140.61M | 149.80M | 195.48M | 168.20M |
| Trading Asset Securities | 17.00K | 896.00K | 1.07M | |||
| Mortgage-Backed Securities | 329.32M | 345.25M | 349.77M | 350.90M | 366.37M | 397.73M |
| Total Investments | 623.52M | 490.78M | 491.27M | 501.76M | 561.85M | 565.93M |
| Gross Loans | 1.61B | 1.31B | 1.22B | 1.13B | 980.86M | 863.70M |
| Allowance for Loan Losses | -19.31M | -13.81M | -13.13M | -12.27M | -11.34M | -11.18M |
| Net Loans | 1.59B | 1.30B | 1.21B | 1.12B | 969.52M | 852.52M |
| Property, Plant & Equipment | 31.53M | 32.45M | 33.84M | 33.98M | 35.67M | |
| Goodwill | 29.40M | 14.64M | 14.64M | 14.64M | 14.64M | 14.64M |
| Other Intangible Assets | 2.58M | 289.00K | 446.00K | 604.00K | 761.00K | 919.00K |
| Loans Held for Sale | 4.78M | 10.74M | 9.66M | 4.43M | 1.78M | 7.12M |
| Accrued Interest Receivable | 4.60M | 4.10M | 3.60M | |||
| Long-Term Deferred Tax Assets | 9.66M | 10.42M | 11.02M | 11.66M | 1.81M | |
| Other Real Estate Owned & Foreclosed | 168.00K | 543.00K | 622.00K | 934.00K | 1.17M | |
| Other Long-Term Assets | 111.90M | 35.65M | 35.95M | 35.23M | 37.52M | 35.02M |
| Total Assets | 2.36B | 2.06B | 1.96B | 1.83B | 1.67B | 1.58B |
| Accrued Expenses | 1.82M | 1.60M | 1.44M | 1.26M | 1.11M | |
| Interest Bearing Deposits | 2.00B | 940.48M | 884.52M | 826.06M | 857.94M | 837.31M |
| Institutional Deposits | 341.80M | 328.66M | 252.61M | 66.43M | 79.29M | |
| Non-Interest Bearing Deposits | 467.26M | 462.72M | 432.33M | 461.01M | 444.69M | |
| Total Deposits | 2.00B | 1.75B | 1.68B | 1.51B | 1.39B | 1.36B |
| Short-Term Borrowings | 101.47M | 107.19M | 103.11M | 152.86M | 140.74M | 54.22M |
| Current Portion of Leases | 386.00K | |||||
| Long-Term Leases | 1.99M | 2.65M | 3.43M | 2.83M | 2.95M | |
| Trust Preferred Securities | 14.96M | 14.96M | 14.96M | 14.96M | 14.96M | 14.96M |
| Other Long-Term Liabilities | 35.10M | 14.28M | 15.31M | 12.94M | 9.40M | 8.98M |
| Total Liabilities | 2.16B | 1.89B | 1.81B | 1.70B | 1.55B | 1.44B |
| Common Stock | 230.18M | 7.69M | 7.64M | 7.61M | 7.58M | 7.55M |
| Additional Paid-In Capital | 94.91M | 93.83M | 93.17M | 92.68M | 92.14M | |
| Retained Earnings | 80.29M | 65.84M | 56.30M | 49.02M | 38.33M | |
| Comprehensive Income & Other | -22.93M | -15.34M | -22.82M | -26.01M | -30.93M | 2.98M |
| Shareholders' Equity | 207.25M | 167.56M | 144.49M | 131.06M | 118.36M | 141.00M |
| Total Liabilities & Equity | 2.36B | 2.06B | 1.96B | 1.83B | 1.67B | 1.58B |
| Total Debt | 116.43M | 124.53M | 120.72M | 171.25M | 158.54M | 72.13M |
| Net Cash (Debt) | -116.43M | 36.55M | 30.00M | -75.49M | -121.14M | -3.11M |
| Net Cash Per Share | -12.90 | 4.71 | 3.90 | -9.87 | -15.92 | -0.41 |
| Filing Date Shares Outstanding | 9.40M | 9.38M | 7.67M | 7.63M | 7.59M | 7.56M |
| Total Common Shares Outstanding | 9.40M | 7.69M | 7.64M | 7.61M | 7.58M | 7.55M |
| Book Value Per Share | 22.05 | 21.78 | 18.90 | 17.23 | 15.62 | 18.68 |
| Tangible Book Value | 175.28M | 152.63M | 129.41M | 115.82M | 102.96M | 125.44M |
| Tangible Book Value Per Share | 18.65 | 19.84 | 16.93 | 15.23 | 13.59 | 16.62 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 19.20M | 13.96M | 11.84M | 14.61M | 15.46M | |
| Depreciation & Amortization | 1.87M | 1.86M | 1.92M | 1.82M | 1.92M | |
| Gain (Loss) on Sale of Assets | -127.00K | 5.00K | -151.00K | 118.00K | -194.00K | |
| Gain (Loss) on Sale of Investments | -3.60M | -3.78M | -1.85M | 1.60M | 2.31M | |
| Total Asset Writedown | 125.00K | 79.00K | 44.00K | 69.00K | 50.00K | |
| Provision for Credit Losses | 770.00K | 809.00K | 1.13M | -152.00K | 335.00K | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 2.18M | -2.88M | -1.25M | 7.22M | 37.90M | |
| Change in Other Net Operating Assets | 358.00K | 3.17M | 2.03M | -1.24M | 279.00K | |
| Operating Cash Flow | 18.69M | 11.62M | 13.02M | 22.12M | 57.93M | |
| Capital Expenditures | -1.11M | -1.10M | -1.07M | -1.22M | -813.00K | |
| Sale of Property, Plant and Equipment | 30.00K | 1.04M | 1.43M | |||
| Investment in Securities | 10.42M | 20.05M | 64.01M | -45.92M | -217.15M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -90.53M | -86.59M | -153.03M | -116.80M | -19.10M | |
| Other Investing Activities | -850.00K | |||||
| Investing Cash Flow | -80.81M | -67.63M | -89.67M | -162.78M | -236.28M | |
| Short-Term Debt Issued | 4.08M | 40.25M | 36.53M | 13.30M | ||
| Long-Term Debt Issued | 289.00M | 118.00M | ||||
| Total Debt Issued | 4.08M | 40.25M | 289.00M | 154.53M | 13.30M | |
| Short-Term Debt Repaid | -27.88M | |||||
| Long-Term Debt Repaid | -90.00M | -249.00M | -68.00M | |||
| Total Debt Repaid | -90.00M | -276.88M | -68.00M | |||
| Net Debt Issued (Repaid) | 4.08M | -49.75M | 12.12M | 86.53M | 13.30M | |
| Issuance of Common Stock | 386.00K | 410.00K | 438.00K | 2.37M | 867.00K | |
| Repurchase of Common Stock | -42.00K | -70.00K | ||||
| Common Dividends Paid | -4.75M | -4.42M | -4.24M | -3.91M | -3.59M | |
| Net Increase (Decrease) in Deposit Accounts | 73.64M | 164.90M | 125.62M | 24.09M | 171.88M | |
| Financing Cash Flow | 73.36M | 111.14M | 133.94M | 109.03M | 182.38M | |
| Net Cash Flow | 11.23M | 55.13M | 57.29M | -31.62M | 4.03M | |
| Free Cash Flow | 17.58M | 10.53M | 11.95M | 20.90M | 57.12M | |
| Free Cash Flow Margin | 22.54% | 16.16% | 20.58% | 35.04% | 97.34% | |
| Free Cash Flow Per Share | 2.27 | 1.37 | 1.56 | 2.75 | 7.57 | |
| Cash Interest Paid | 33.78M | 33.23M | 20.75M | 3.06M | 3.31M | |
| Cash Income Tax Paid | 5.50M | 3.76M | 3.57M | 3.89M | 5.10M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 313.03M | 228.00M | 183.38M | 163.62M | 165.76M | 157.49M |
| Last Close Price | 32.98 | 29.19 | 23.06 | 20.08 | 19.84 | 18.42 |
| PE Ratio | 11.57 | 11.87 | 13.14 | 13.81 | 11.34 | 10.18 |
| PS Ratio | 3.32 | 2.92 | 2.82 | 2.82 | 2.78 | 2.68 |
| PB Ratio | 1.50 | 1.36 | 1.27 | 1.25 | 1.40 | 1.12 |
| P/FCF Ratio | 47.17 | 12.97 | 17.42 | 13.69 | 7.93 | 2.76 |
| P/OCF Ratio | 40.81 | 12.20 | 15.78 | 12.57 | 7.49 | 2.72 |
| Debt / Equity Ratio | 0.56 | 0.74 | 0.83 | 1.31 | 1.34 | 0.51 |
| Debt / FCF Ratio | 7.08 | 11.47 | 14.33 | 7.58 | 1.26 | |
| Net Debt / Equity Ratio | 0.56 | -0.22 | -0.21 | 0.58 | 1.02 | 0.02 |
| Net Debt / FCF Ratio | -2.08 | -2.85 | 6.32 | 5.80 | 0.05 | |
| Return on Equity (ROE) | 14.08% | 12.31% | 10.13% | 9.50% | 11.27% | 11.15% |
| Return on Assets (ROA) | 1.17% | 0.96% | 0.74% | 0.68% | 0.90% | 1.04% |
| Earnings Yield | 8.64% | 8.42% | 7.61% | 7.24% | 8.82% | 9.82% |
| FCF Yield | 2.12% | 7.71% | 5.74% | 7.30% | 12.61% | 36.27% |
| Dividend Yield | 2.06% | 2.13% | 2.46% | 2.60% | 2.42% | 2.35% |
| Payout Ratio | 23.63% | 24.73% | 31.64% | 35.76% | 26.78% | 23.23% |
| Buyback Yield / Dilution | -16.21% | -0.77% | -0.72% | -0.51% | -0.78% | -0.90% |
| Total Shareholder Return | -14.14% | 1.36% | 1.74% | 2.09% | 1.64% | 1.45% |