Welcome to our dedicated page for First Community SEC filings (Ticker: FCCO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
First Community Corp filings document the reporting obligations of a South Carolina bank holding company whose common stock trades under FCCO. The company’s 8-K filings cover operating and financial results, cash dividend declarations, share repurchase authorization, investor presentations and the completed merger of Signature Bank of Georgia into First Community Bank.
Proxy materials describe annual shareholder voting matters, director elections, executive compensation votes and governance procedures. The filing record also identifies capital-structure details for the company’s common stock and recurring banking disclosures tied to regulatory capital, credit quality, loan and deposit activity, mortgage banking, investment advisory operations and acquisition-related matters.
First Community Corporation is furnishing an investor presentation highlighting recent growth, the Signature Bank of Georgia acquisition, and key financial trends. As of March 31, 2026, the company reports $2.4 billion in total assets and twenty‑three banking offices, positioning it as the largest community bank in the South Carolina Midlands.
The Signature Bank of Georgia deal, which closed on January 8, 2026, adds the Atlanta‑area market and government‑guaranteed lending capabilities, with management citing manageable tangible book value dilution with a 2.2‑year earnback and approximately 35 basis points of pro forma TCE/TA improvement. Loan growth reached $90.5 million in 2025 at a 7.4% annualized rate, with 1Q26 loan growth of $42.4 million at a 13.1% annualized rate excluding acquired balances.
The presentation also shows an investment portfolio of about $512.6 million at March 31, 2026 with a 5.2‑year average life and 3.3 duration, deposits of $2,148.1 million with 27% non‑interest bearing, and eight consecutive quarters of net interest margin expansion. First Community has paid 97 consecutive quarterly dividends, with a stated current yield of 2.11% based on a May 26, 2026 closing price of $30.38, and provides non‑GAAP reconciliations for core net income, EPS, and pre‑tax pre‑provision earnings.
First Community Corporation held its annual shareholder meeting, where investors elected a full slate of Class I, II, and III directors, approved executive pay on an advisory basis, and ratified the external auditor.
Shareholders representing 6,262,567 of 9,366,626 eligible shares, or about 66.86% of the vote, were present in person or by proxy. All nominated directors received strong support, with individual “for” votes generally around 4.8–4.9 million and relatively few votes withheld. The non-binding “say‑on‑pay” resolution passed with 4,834,058 votes in favor versus 71,049 against, and Elliott Davis, LLC was ratified as independent registered public accounting firm with 6,161,156 votes for and minimal opposition.
First Community Corporation reported stronger quarterly results while closing a significant bank acquisition. For the three months ended March 31, 2026, net income was $5.5 million compared with $4.0 million a year earlier, and diluted earnings per share were $0.59 versus $0.51.
Total assets rose to $2.39 billion from $2.06 billion at December 31, 2025, driven largely by the all‑stock acquisition of Signature Bank of Georgia, which added fair value assets of about $280 million and deposits of about $230 million. Loans held‑for‑investment increased to $1.55 billion, while total deposits reached $2.05 billion.
Net interest income grew to $18.4 million from $14.4 million, supported by higher loan balances, but noninterest expense increased to $17.0 million, including $1.6 million of merger costs. The company recognized $14.8 million of goodwill and $2.6 million of intangibles from the acquisition and corrected certain preliminary purchase accounting amounts from its April 22, 2026 earnings release without changing previously reported net income or earnings per share.
First Community Corporation, the parent of First Community Bank, approved a share repurchase plan authorizing up to $7.5 million of its common stock. This amount represents approximately 3.4% of total shareholders’ equity as of March 31, 2026.
The company may buy back shares from time to time through May 5, 2027 via open market purchases and solicited or unsolicited privately negotiated transactions. Management has discretion over timing, volume, and pricing, subject to market conditions and legal and regulatory requirements, and the plan can be discontinued, suspended, or restarted at any time.
First Community Corporation reported stronger first quarter 2026 results and declared a cash dividend. Net income for the quarter was $5.498 million, with diluted earnings per share of $0.59, compared with $3.997 million and $0.51 a year earlier and $4.830 million and $0.62 in the prior quarter.
Excluding merger expenses related to the January 8, 2026 acquisition of Signature Bank, net income was $6.754 million and diluted EPS was $0.72, increases of 69.0% and 41.1% year-over-year. The Board approved a $0.16 per share cash dividend, payable May 19, 2026 to shareholders of record on May 5, 2026.
Total loans rose to $1.549 billion and total deposits to $2.048 billion at March 31, 2026, aided by the Signature Bank acquisition and organic growth. Asset quality remained strong, with non-performing assets of $853 thousand, or 0.04% of total assets, and the allowance for credit losses on loans at 1.19% of loans. Regulatory capital ratios at the bank exceeded well-capitalized minimums, and tangible book value per share increased to $19.88.
First Community Corporation is holding its 2026 Annual Meeting of Shareholders on May 20, 2026 at its Lexington, South Carolina headquarters. Shareholders of record on March 13, 2026, when 9,366,626 common shares were outstanding, are entitled to one vote per share.
Shareholders will vote on three main items: electing nine directors across three classes to maintain a staggered board, approving on a non-binding basis the compensation of named executive officers, and ratifying Elliott Davis, LLC as independent registered public accounting firm for the year ending December 31, 2026.
The proxy describes a majority independent board, detailed committee structure, stock ownership and insider trading policies, and a clawback policy tied to any future accounting restatements. Executive pay is positioned as performance-based and benchmarked against a southeastern community bank peer group, with a mix of salary, annual incentives and equity intended to align management and shareholder interests.
First Community Corporation director Jonathan W. Been acquired 922 deferred stock units of common stock as compensation on March 31, 2026. The units were credited under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan at a reference price of $29.17 per share.
Following this grant, Been directly holds 147,704 shares of common stock, which include the 922 deferred stock units. He also has indirect holdings through three trusts—the Shiver Higbee Legacy Trust, the Katherine Smith Been Trust, and the Jonathan W. Been, Jr. Trust—over which he has voting and dispositive power.
First Community Corp director Leland E. Reynolds received 912 deferred stock units of common stock as compensation for first-quarter 2026 service. The units were credited under the company’s Non-Employee Director Deferred Compensation Plan at a reference price of $29.17 per share based on the March 31, 2026 closing bid.
Following this award, Reynolds directly holds 32,583 shares and deferred stock units in total, including 2,327 deferred stock units that themselves earn dividend-equivalent units. Each deferred stock unit will convert into one share of First Community common stock when distributions are made from the plan.
First Community Corporation director Alexander Snipe Jr. acquired 1,229 deferred stock units of common stock on March 31, 2026 as a grant under the company’s Non-Employee Director Deferred Compensation Plan. The units were credited at a reference price of $29.17 per share, based on deferred first-quarter 2026 compensation.
After this grant, he holds 56,911 shares directly, including 47,860 deferred stock units credited under the plan, of which 252 units were added as dividend equivalents during the first quarter of 2026. He also indirectly holds 3,927 shares through Glory Communications, Inc.