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UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT REPORT
PURSUANT TO
SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported):
January 28, 2026
First
Community Corporation
(Exact
name of registrant as specified in its charter)
South
Carolina
(State or other
jurisdiction of incorporation)
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000-28344 |
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57-1010751 |
|
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(Commission
File Number) |
|
(IRS
Employer Identification No.) |
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5455
Sunset Blvd, Lexington, South Carolina |
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29072 |
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(Address
of principal executive offices) |
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(Zip
Code) |
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(803)
951-2265
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former name
or former address, if changed since last report.)
Check the appropriate box below if
the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):
☐ Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to
Section 12(b) of the Act:
| Title
of each class |
Trading
Symbol(s) |
Name
of exchange on which registered |
| Common
stock, par value $1.00 per share |
FCCO |
The Nasdaq Stock Market |
Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On January 28, 2026, First Community Corporation (the “Company”),
holding company for First Community Bank, issued a press release announcing its financial results for the year ended December 31, 2025.
The Company announced that the Board of Directors has approved a cash dividend for the fourth quarter of 2025. The Company will pay a
$0.16 per share dividend to holders of the Company’s common stock. This dividend is payable on February 24, 2026 to shareholders
of record as of February 10, 2026.
A copy of the press release is attached hereto as Exhibit 99.1.
FORWARD-LOOKING STATEMENTS
Certain statements in this report may contain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to future plans, goals, projections
and expectations, and are thus prospective. Forward looking statements can be identified by words such as “anticipate”, “expects”,
“intends”, “believes”, “may”, “likely”, “will”, “plans”, “positions”,
“future”, “forward”, or other statements that indicate future periods. Such forward-looking statements are subject
to risks, uncertainties, and other factors which could cause actual results to differ materially from future results expressed or implied
by such forward-looking statements. Such risks, uncertainties and other factors, include, among others, the following: (1) the risk that
anticipated cost savings or other expected benefits of the acquisition of Signature Bank of Georgia may not be realized; (2) potential
disruption to client or employee relationships as a result of the acquisition of Signature Bank of Georgia; (3) competitive pressures
among depository and other financial institutions may increase significantly and have an effect on pricing, spending, third-party relationships
and revenues; (4) the strength of the United States economy in general and the strength of the local economies in which we conduct operations
may be different than expected; (5) the rate of delinquencies and amounts of charge-offs, the level of allowance for credit loss, the
rates of loan growth, or adverse changes in asset quality in our loan portfolio, which may result in increased credit risk-related losses
and expenses; (6) changes in legislation, regulation, policies or administrative practices, whether by judicial, governmental, or legislative
action; (7) adverse conditions in the stock market, the public debt markets and other capital markets (including changes in interest rate
conditions) could continue to have a negative impact on the company; (8) changes in interest rates, which have and may continue to affect
our deposit and funding costs, net income, prepayment penalty income, mortgage banking income, and other future cash flows, or the market
value of our assets, including our investment securities; (9) technology and cybersecurity risks, including potential business disruptions,
reputational risks, and financial losses, associated with potential attacks on or failures by our computer systems and computer systems
of our vendors and other third parties; (10) elevated inflation which causes adverse risk to the overall economy, and could indirectly
pose challenges to our customers and to our business; (11) any increases in FDIC assessment which has increased, and may continue to increase,
our cost of doing business; (12) the adverse effects of events beyond our control that may have a destabilizing effect on financial markets
and the economy, such as epidemics and pandemics, war or terrorist activities, essential utility outages, government shutdowns, deterioration
in the global economy, instability in the credit markets, disruptions in our customers’ supply chains or disruption in transportation;
and (13) risks, uncertainties and other factors disclosed in our most recent Annual Report on Form 10-K filed with the SEC, or in any
of our Quarterly Reports on Form 10-Q or Current Reports on Form 8-K filed with the SEC since the end of the fiscal year covered by our
most recently filed Annual Report on Form 10-K, which are available at the SEC’s Internet site (http://www.sec.gov).
Although we believe that the assumptions underlying the forward-looking statements
are reasonable, any of the assumptions could prove to be inaccurate. We can give no assurance that the results contemplated in the forward-looking
statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by our company
or any person that the future events, plans, or expectations contemplated by our company will be achieved. We undertake no obligation
to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except
as required by law.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Item |
|
Exhibits |
| 99.1 |
|
Earnings Press Release for the year ended December 31, 2025. |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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FIRST
COMMUNITY CORPORATION |
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By: |
/s/
D. Shawn Jordan
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Name: |
D.
Shawn Jordan
|
|
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Title: |
Chief
Financial Officer |
|
Dated: January 28, 2026
