FIRST COMMUNITY CORP SC
For the period ended Jun 30, 2024. Filed Aug 12, 2024.
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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$32.81-0.9%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| Three months ended June 30, | ||
|---|---|---|
| (Dollars in thousands) | 2024 | 2023 |
| Net income | $3,265 | $3,327 |
| Other comprehensive income (loss): | ||
| Unrealized loss during the period on available-for-sale securities, net of tax expense of $139 and tax benefit of $622, respectively | (184) | (2,340) |
| Reclassification adjustment for amortization of unrealized losses on securities transferred from available-for-sale to held-to-maturity, net of tax expense of $89 and $86, respectively. | 338 | 325 |
| Other comprehensive income (loss) | 154 | (2,015) |
| Comprehensive income | $3,419 | $1,312 |
| Six months ended June 30, | ||
|---|---|---|
| (Dollars in thousands) | 2024 | 2023 |
| Net income | $5,862 | $6,790 |
| Other comprehensive income: | ||
| Unrealized gain during the period on available-for-sale securities, net of tax expense of $58 tax expense of $67, respectively | 224 | 252 |
| Reclassification adjustment for amortization of unrealized losses on securities transferred from available-for-sale to held-to-maturity, net of tax expense of $181 and $172, respectively. | 679 | 646 |
| Other comprehensive income | 903 | 898 |
| Comprehensive income | $6,765 | $7,688 |
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