FIRST COMMUNITY CORP /SC/ (FCCO) Form 10-Q — May 15, 2026
First Community Corporation reported net income of $5.5 million for the first quarter of 2026, a 37% increase year-over-year, driven by higher net interest income and the integration of Signature Bank of Georgia. Diluted earnings per share rose to $0.59 from $0.51 in the prior year period, reflecting the accretive nature of the recent acquisition. The company’s balance sheet expanded significantly, with total assets reaching $2.4 billion and total loans growing to $1.5 billion. This growth was primarily fueled by the January 2026 acquisition of Signature Bank of Georgia, for which the company issued approximately 1.7 million shares of common stock valued at $49.7 million.
Key figures
- Eps
- 0.59
- Revenue
- 28039000
- Net Income
- 5498000
- Total Assets
- 2391531000
- Cash Position
- 217935000
- Total Loans
- 1549143000
- Total Deposits
- 2048264000
- Goodwill Acquired
- 14762000
- Net Interest Income
- 18369000
- Net Interest Margin
- 3.35%
- Non Interest Income
- 4790000
- Shares Outstanding
- 9397960
- Non Interest Expense
- 17031000
- Acquisition Consideration
- 49733000
- Provision For Credit Losses
- 193000
Price after filing
Close on the filing date to close N calendar days later (from $29.48). Historical, not a forecast.
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