First Community Corporation (FCCO) reported third-quarter 2026 net income of $8.044 million, compared with $5.192 million a year earlier, and diluted earnings per share of $0.85 versus $0.67. Net income excluding the after-tax effect of merger expenses was $8.123 million, up 44.3% year over year; diluted EPS on that basis was $0.86, up 19.4%. Results include the impact of the acquisition of Signature Bank of Georgia, which closed January 8, 2026.
Net interest income was $20.238 million versus $15.994 million in the third quarter of 2025, and the tax-equivalent net interest margin was 3.59% versus 3.27%. Non-interest income was $5.988 million, including $797 thousand of non-recurring income from an SBA loan settlement. At September 30, 2026, total loans were $1.610 billion, deposits were $2.005 billion, and nonperforming assets were $990 thousand, or 0.04% of total assets.
The board approved a $0.17 per share cash dividend, payable November 17, 2026, to shareholders of record as of November 3, 2026. Under the repurchase plan, the company may repurchase shares from time to time through May 7, 2027, using up to $7.5 million of capital; it made no repurchases in the third quarter. The bank’s regulatory capital ratios exceeded well-capitalized levels.
First Community Corp (FCCO) lists director Terrance Antwan Ford as directly holding 100 shares of common stock as of October 1, 2026.
First Community Corp (FCCO) director Berry Shell Knox reported direct ownership of 100 shares of common stock on October 1, 2026.
First Community Corp. director Fred Joseph Deutsch reported a broker-initiated sale of 0.4746 common shares on October 5, 2026, at $32.57 per share; he did not direct it. The sale occurred in connection with the transfer and closing of his brokerage account. Afterward, he reported beneficial ownership of 9,855 shares, including 5,280 shares held jointly with his spouse. The reported post-transaction amount corrects an earlier report that overstated holdings by 145 shares due to an administrative error in accounting for shares held through dividend reinvestment.
Chimin J. Chao reported acquisition or exercise transactions in this Form 4 filing. First Community Corp. (FCCO) director Chimin J. Chao was credited with 216 deferred stock units on September 30, 2026, under the Non-Employee Director Deferred Compensation Plan. The credit was based on compensation deferred during the third quarter divided by the common stock consolidated closing bid price of $32.09. The reported direct position after the credit was 63,385 shares, including 54,171 deferred stock units; 42,983 shares were also held indirectly by the Yuhjen Chao Family Trust.
Jonathan W. Been reported acquisition or exercise transactions in this Form 4 filing. First Community Corp director Jonathan W. Been was credited with 236 deferred stock units on September 30, 2026, under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan. The units were based on compensation deferred during the third quarter and the $32.09 consolidated closing bid price. His direct holdings after the credit were 120,896 shares, including 1,308 deferred stock units. The report also lists indirect holdings: 154,018 shares by the Shiver Higbee Legacy Trust; 30,401 each by the Katherine Smith Been Trust and Jonathan W. Been, Jr. Trust; 10,174 by his spouse; and 1,144 by the Katherine Smith Been Trust with Susan B. Been as trustee.
First Community Corporation and First Community Bank entered a consulting agreement with J. Ted Nissen, effective January 1, 2027. Nissen, the Company’s Executive Vice President and Chief Banking Officer and the Bank’s President and Chief Executive Officer, will retire from all officer positions and both boards effective December 31, 2026.
The Bank will pay him $40,000 per month for January through March 2027 and $15,000 per month for April through December 2027. He will provide services as needed through March, then average no more than 16 hours per week through year-end. The agreement ends no later than December 31, 2027, subject to earlier termination upon his death or disability. Its non-solicitation, non-recruitment and non-competition covenants continue for 12 months after termination or expiration, subject to concurrent expiration with the covenants in his employment agreement.
First Community Corp (FCCO) director Thomas Carlton Brown acquired 134 deferred stock units on September 30, 2026, under the non-employee director deferred compensation plan. The units reflected compensation he deferred during the third quarter and were credited using the $32.09 consolidated closing bid price on that date. His reported direct position after the transaction was 41,830 shares, including 10,235 deferred stock units.
First Community Corp director Alexander Snipe Jr. was credited with 255 deferred stock units on September 30, 2026, under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan. The units reflected compensation deferred during the third quarter of 2026, calculated using a $32.09 common-stock consolidated closing bid price. He reported 57,936 directly held shares of common stock after the credit, including 48,885 deferred stock units, and 3,927 shares held indirectly by Glory Communications, Inc. Deferred units receive dividend equivalents as additional units, and common shares are issued one-for-one upon distribution.
E. Leland Reynolds reported acquisition or exercise transactions in this Form 4 filing. First Community Corp director E. Leland Reynolds was credited with 235 deferred stock units on September 30, 2026, under the non-employee director deferred compensation plan. The credit was based on compensation deferred during the third quarter divided by the common stock consolidated closing bid price of $32.09 on that date. His reported direct position after the credit was 33,054 shares, including 2,798 deferred stock units. The plan provides dividend equivalents as additional units and issues common shares one-for-one upon distribution.