FIRST COMMUNITY CORP SC

For the period ended Sep 30, 2024. Filed Nov 12, 2024.

About 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.

Sep 30, 2024 · Filed Nov 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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Contents

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	—	—	—	—	9,723	—	9,723
Other comprehensive income net of tax expense of $1,320	—	—	—	—	—	4,968	4,968
Issuance of common stock-share based compensation	9	9	160	(273)	—	—	(104)
Issuance of restricted stock	14	14	232	(246)	—	—	—
Grant restricted stock units	—	—	—	129	—	—	129
Amortization of compensation on restricted stock	—	—	—	606	—	—	606
Shares forfeited	(6)	(6)	(103)	—	—	—	(109)
Dividends: Common ($0.43 per share)	—	—	—	—	(3,272)	—	(3,272)
Dividend reinvestment plan	18	18	294	—	—	—	312
Balance, September 30, 2024	7,641	$7,641	$93,750	$2,397	$62,747	$(23,223)	$143,312
Balance, December 31, 2022	7,578	$7,578	$92,683	$1,461	$49,025	$(32,386)	$118,361
Net income	—	—	—	—	8,546	—	8,546
Adoption of new accounting standard-CECL net of tax of $90	—	—	—	—	(337)	—	(337)
Other comprehensive loss net of tax benefit of $178	—	—	—	—	—	(671)	(671)
Issuance of common stock-share based compensation	2	2	39	(69)	—	—	(28)
Issuance of restricted stock	8	8	146	(154)	—	—	—
Grant restricted stock units	—	—	—	143	—	—	143
Amortization of compensation on restricted stock	—	—	—	548	—	—	548
Shares forfeited	(6)	(6)	(105)	—	—	—	(111)
Dividends: Common ($0.42 per share)	—	—	—	—	(3,175)	—	(3,175)
Dividend reinvestment plan	18	18	307	—	—	—	325
Balance, September 30, 2023	7,600	$7,600	$93,070	$1,929	$54,059	$(33,057)	$123,601

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
Net income	—	—	—	—	3,861	—	3,861
Other comprehensive income net of tax expense of $1,229	—	—	—	—	—	4,065	4,065
Grant restricted stock units	—	—	—	30	—	—	30
Amortization of compensation on restricted stock	—	—	—	211	—	—	211
Dividends: Common ($0.15 per share)	—	—	—	—	(1,143)	—	(1,143)
Dividend reinvestment plan	6	6	103	—	—	—	109
Balance, September 30, 2024	7,641	$7,641	$93,750	$2,397	$62,747	$(23,223)	$143,312

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	Income (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	—	—	—	—	—	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
Net income	—	—	—	—	1,756	—	1,756
Other comprehensive loss net of tax benefit of $417	—	—	—	—	—	(1,569)	(1,569)
Amortization of compensation on restricted stock	—	—	—	178	—	—	178
Grant restricted stock units	—	—	—	34	—	—	34
Dividends: Common ($0.14 per share)	—	—	—	—	(1,059)	—	(1,059)
Dividend reinvestment plan	6	6	107	—	—	—	113
Balance, September 30, 2023	7,600	$7,600	$93,070	$1,929	$54,059	$(33,057)	123,601

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.