FIRST COMMUNITY CORP SC
For the period ended Dec 31, 2023. Filed Mar 21, 2024.
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FY2023 · Filed Mar 21, 2024
FCCO$33.11+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders’ Equity
| Common Stock · Nonvested · Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| (Dollars and shares in thousands) | Number Shares Issued | Common Stock | Additional Paid-in Capital | Restricted Stock and Stock Units | Retained Earnings | Other Comprehensive Income (loss) | Total |
| Balance, December 31, 2020 | 7,500 | $7,500 | $91,380 | $(283) | $26,453 | $11,287 | $136,337 |
| Net income | — | — | — | — | 15,465 | — | 15,465 |
| Other comprehensive loss net of tax benefit of $2,128 | — | — | — | — | — | (8,008) | (8,008) |
| Issuance of restricted stock | 21 | 21 | 353 | (374) | — | — | — |
| Issuance of common stock-deferred compensation | 12 | 12 | 124 | — | — | — | 136 |
| Amortization of compensation on restricted stock | — | — | — | 363 | — | — | 363 |
| Shares forfeited | (4) | (4) | (66) | — | — | — | (70) |
| Dividends: Common ($0.48 per share) | — | — | — | — | (3,593) | — | (3,593) |
| Dividend reinvestment plan | 20 | 20 | 348 | — | — | — | 368 |
| Balance, December 31, 2021 | 7,549 | $7,549 | $92,139 | $(294) | $38,325 | $3,279 | $140,998 |
| Net income | — | — | — | — | 14,613 | — | 14,613 |
| Other comprehensive loss net of tax benefit of $9,481 | — | — | — | — | — | (35,665) | (35,665) |
| Issuance of restricted stock | 9 | 9 | 190 | (199) | — | — | — |
| Issuance of common stock-deffered compensation | 1 | 1 | 27 | — | — | — | 28 |
| Grant of restricted stock units | — | — | — | 1,447 | — | — | 1,447 |
| Amortization of compensation on restricted stock | — | — | — | 507 | — | — | 507 |
| Shares forfeited | (2) | (2) | (40) | — | — | — | (42) |
| Dividends: Common ($0.52 per share) | — | — | — | — | (3,913) | — | (3,913) |
| Dividend reinvestment plan | 21 | 21 | 367 | — | — | — | 388 |
| Balance, December 31, 2022 | 7,578 | $7,578 | $92,683 | $1,461 | $49,025 | $(32,386) | $118,361 |
| Net income | — | — | — | — | 11,843 | — | 11,843 |
| Adoption of ASU 2016-13 net of tax benefit of $90 | — | — | — | — | (337) | — | (337) |
| Other comprehensive income net of tax expense of $1,115 | — | — | — | — | — | 4,195 | 4,195 |
| Issuance of restricted stock | 8 | 8 | 146 | (154) | — | — | — |
| Issuance of common stock-deferred compensation | 2 | 2 | 39 | (69) | — | — | (28) |
| Grant of restricted stock units | — | — | — | 180 | — | — | 180 |
| Amortization of compensation on restricted stock | — | — | — | 763 | — | — | 763 |
| Shares forfeited | (6) | (6) | (115) | — | — | — | (121) |
| Dividends: Common ($0.56 per share) | — | — | — | — | (4,235) | — | (4,235) |
| Dividend reinvestment plan | 24 | 24 | 414 | — | — | — | 438 |
| Balance, December 31, 2023 | 7,606 | $7,606 | $93,167 | $2,181 | $56,296 | $(28,191) | $131,059 |
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