FIRST COMMUNITY CORP SC
For the period ended Jun 30, 2024. Filed Aug 12, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 12, 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
| Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| Common · Additional · Nonvested · Other | |||||||
| (Dollars in thousands) · Shares · Common · Paid-in · Restricted · Retained · Comprehensive | |||||||
| Issued | Stock | Capital | Stock | Earnings | Loss | Total | |
| Balance, December 31, 2023 | 7,606 | $7,606 | $93,167 | $2,181 | $56,296 | $(28,191) | $131,059 |
| Net income | — | — | — | — | 5,862 | — | 5,862 |
| Other comprehensive income net of tax expense of $271 | — | — | — | — | — | 903 | 903 |
| Issuance of common stock-share based compensation | 9 | 9 | 160 | (273) | — | — | (104) |
| Issuance of restricted stock | 14 | 14 | 232 | (246) | — | — | — |
| Grant restricted stock units | — | — | — | 99 | — | — | 99 |
| Amortization of compensation on restricted stock | — | — | — | 395 | — | — | 395 |
| Shares forfeited | (6) | (6) | (103) | — | — | — | (109) |
| Dividends: Common ($0.28 per share) | — | — | — | — | (2,129) | — | (2,129) |
| Dividend reinvestment plan | 12 | 12 | 191 | — | — | — | 203 |
| Balance, June 30, 2024 | 7,635 | $7,635 | $93,647 | $2,156 | $60,029 | $(27,288) | $136,179 |
| Balance, December 31, 2022 | 7,578 | $7,578 | $92,683 | $1,461 | $49,025 | $(32,386) | $118,361 |
| Net income | — | — | — | — | 6,790 | — | 6,790 |
| Adoption of new accounting standard-CECL net of tax of $90 | — | — | — | — | (337) | — | (337) |
| Other comprehensive income net of tax expense of $239 | — | — | — | — | — | 898 | 898 |
| Issuance of common stock-share based compensation | 2 | 2 | 39 | (69) | — | — | (28) |
| Issuance of restricted stock | 8 | 8 | 146 | (154) | — | — | — |
| Grant restricted stock units | — | — | — | 109 | — | — | 109 |
| Amortization of compensation on restricted stock | — | — | — | 370 | — | — | 370 |
| Shares forfeited | (6) | (6) | (105) | — | — | — | (111) |
| Dividends: Common ($0.28 per share) | — | — | — | — | (2,116) | — | (2,116) |
| Dividend reinvestment plan | 12 | 12 | 200 | — | — | — | 212 |
| Balance, June 30, 2023 | 7,594 | $7,594 | $92,963 | $1,717 | $53,362 | $(31,488) | $124,148 |
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
| Nonvested · Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| Common · Additional · Restricted · Other | |||||||
| Shares · Common · Paid-in · Stock and · Retained · Comprehensive | |||||||
| (Dollars in thousands) | Issued | Stock | Capital | Stock Units | Earnings | Loss | Total |
| Balance, December 31, 2023 | 7,606 | $7,606 | $93,167 | $2,181 | $56,296 | $(28,191) | $131,059 |
| Net income | — | — | — | — | 2,597 | — | 2,597 |
| Other comprehensive income, net of tax expense of $11 | — | — | — | — | — | 749 | 749 |
| Issuance of common stock-share based compensation | 9 | 9 | 160 | (273) | — | — | (104) |
| Issuance of restricted stock | 14 | 14 | 228 | (242) | — | — | — |
| Grant restricted stock units | — | — | — | 70 | — | — | 70 |
| Amortization of compensation on restricted stock | — | — | — | 184 | — | — | 184 |
| Shares forfeited | (6) | (6) | (97) | — | — | — | (103) |
| Dividends: Common ($0.14 per share) | — | — | — | — | (1,063) | — | (1,063) |
| Dividend reinvestment plan | 6 | 6 | 98 | — | — | — | 104 |
| Balance, March 31, 2024 | 7,629 | $7,629 | $93,556 | $1,920 | $57,830 | $(27,442) | $133,493 |
| Net income | — | — | — | — | 3,265 | — | 3,265 |
| Other comprehensive income net of tax expense of $80 | — | — | — | — | — | 154 | 154 |
| Issuance of restricted stock | — | — | 4 | (4) | — | ||
| Grant restricted stock units | — | — | — | 29 | — | — | 29 |
| Amortization of compensation on restricted stock | — | — | — | 211 | — | — | 211 |
| Shares forfeited | — | — | (6) | (6) | |||
| Dividends: Common ($0.14 per share) | (1,066) | (1,066) | |||||
| Dividend reinvestment plan | 6 | 6 | 93 | 99 | |||
| Balance, June 30, 2024 | 7,635 | $7,635 | $93,647 | $2,156 | $60,029 | $(27,288) | $136,179 |
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
| Nonvested · Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| Common · Additional · Restricted · Other | |||||||
| Shares · Common · Paid-in · Stock and · Retained · Comprehensive | |||||||
| (Dollars in thousands) | Issued | Stock | Capital | Stock Units | Earnings | Loss | Total |
| Balance, December 31, 2022 | 7,578 | $7,578 | $92,683 | $1,461 | $49,025 | $(32,386) | $118,361 |
| Net income | — | — | — | — | 3,463 | — | 3,463 |
| Adoption of CECL, net of tax | — | — | — | — | (337) | — | (337) |
| Other comprehensive income, net of tax expense of $774 | — | — | — | — | — | 2,913 | 2,913 |
| Issuance of common stock | 2 | 2 | 39 | (69) | — | — | (28) |
| Issuance of restricted stock | 8 | 8 | 146 | (154) | — | — | — |
| Grant restricted stock units | — | — | — | 72 | — | — | 72 |
| Amortization of compensation on restricted stock | — | — | — | 191 | — | — | 191 |
| Shares forfeited | (5) | (5) | (100) | — | — | — | (105) |
| Dividends: Common ($0.13 per share) | — | — | — | — | (1,057) | — | (1,057) |
| Dividend reinvestment plan | 5 | 5 | 103 | — | — | — | 108 |
| Balance, March 31, 2023 | 7,588 | $7,588 | $92,871 | $1,501 | $51,094 | $(29,473) | $123,581 |
| Net income | — | — | — | — | 3,327 | — | 3,327 |
| Other comprehensive loss net of tax benefit of $536 | — | — | — | — | — | (2,015) | (2,015) |
| Amortization of compensation on restricted stock | — | — | — | 179 | — | — | 179 |
| Grant restricted stock units | — | — | — | 37 | 37 | ||
| Shares forfeited | — | — | (5) | (5) | |||
| Dividends: Common ($0.14 per share) | (1,059) | (1,059) | |||||
| Dividend reinvestment plan | 6 | 6 | 97 | 103 | |||
| Balance, June 30, 2023 | 7,594 | $7,594 | $92,963 | $1,717 | $53,362 | $(31,488) | $124,148 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.