FIRST COMMUNITY CORP /SC/

For the period ended Sep 30, 2025. Filed Nov 7, 2025.

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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.

Sep 30, 2025 · Filed Nov 7, 2025

FCCO$32.81-0.9%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

(Dollars in thousands, except per share amounts)	Three Months ended September 30,
	2025	2024
Interest and dividend income:
Loans, including fees	$18,864	$17,279
Investment securities – taxable	3,982	3,975
Investment securities – non taxable	346	355
Interest-bearing deposits in other banks and fed funds sold	1,710	1,552
Total interest income	24,902	23,161
Interest expense:
Deposits	7,995	8,287
Securities sold under agreements to repurchase	640	506
Other borrowed money	273	956
Total interest expense	8,908	9,749
Net interest income	15,994	13,412
Provision for (release of) credit losses	201	(16)
Net interest income after provision for (release of) credit losses	15,793	13,428
Non-interest income:
Deposit service charges	243	228
Mortgage banking income	934	575
Investment advisory fees and non-deposit commissions	1,862	1,595
Gain on sale of other real estate owned	—	5
Other non-recurring income	188	—
Other	1,242	1,167
Total non-interest income	4,469	3,570
Non-interest expense:
Salaries and employee benefits	8,059	7,422
Occupancy	792	793
Equipment	377	391
Marketing and public relations	557	477
FDIC insurance assessments	286	290
Other real estate expense	12	11
Amortization of intangibles	39	40
Merger	575	—
Other	2,977	2,567
Total non-interest expense	13,674	11,991
Net income before tax	6,588	5,007
Income tax expense	1,396	1,146
Net income	$5,192	$3,861
Basic earnings per common share	$0.68	$0.51
Diluted earnings per common share	$0.67	$0.50

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

(Dollars in thousands, except per share amounts)	Nine Months ended September 30,
	2025	2024
Interest and dividend income:
Loans, including fees	$54,482	$49,230
Investment securities – taxable	11,766	12,279
Investment securities - non taxable	1,032	1,070
Interest-bearing deposits in other banks and fed funds sold	4,877	3,769
Total interest income	72,157	66,348
Interest expense:
Deposits	23,504	23,210
Securities sold under agreements to repurchase	2,134	1,611
Other borrowed money	811	3,344
Total interest expense	26,449	28,165
Net interest income	45,708	38,183
Provision for credit losses	401	567
Net interest income after provision for credit losses	45,307	37,616
Non-interest income:
Deposit service charges	688	722
Mortgage banking income	2,572	1,659
Investment advisory fees and non-deposit commissions	5,419	4,461
Gain on sale of other real estate owned	127	5
Other non-recurring income	188	95
Other	3,663	3,454
Total non-interest income	12,657	10,396
Non-interest expense:
Salaries and employee benefits	23,776	21,826
Occupancy	2,341	2,321
Equipment	1,157	1,038
Marketing and public relations	1,279	1,301
FDIC insurance assessments	860	870
Other real estate expense	134	113
Amortization of intangibles	118	118
Merger	809	—
Other	9,037	8,052
Total non-interest expense	39,511	35,639
Net income before tax	18,453	12,373
Income tax expense	4,078	2,650
Net income	$14,375	$9,723
Basic earnings per common share	$1.88	$1.28
Diluted earnings per common share	$1.85	$1.26

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