---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-22-000556"
form_type: "8-K"
ticker: "FCCO"
cik: "0000932781"
company_name: "FIRST COMMUNITY CORP /SC/"
filed_at: "2022-09-16T23:59:59+00:00"
generated_at: "2026-06-23T09:16:34.378250+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FCCO provides 2Q22 operational update at investor conference; NIM expands, NPAs rise

## Summary
- Loan growth of $40.5M in 2Q22 (18.6% annualized); driven by CRE and Midlands/Upstate SC.
- NIM expanded 3 bps to 2.90%; net interest income impacted by $284K prepayment loss on CMOs.
- NPAs increased $3.9M to $5.3M (0.32% of assets) due to one $4.1M CRE credit at 76% LTV.
- Dividend maintained for 82 consecutive quarters; current yield 2.83%.
- Near-term EPS target of $2.00; longer-term targets 1.20% ROA, 14.00% ROTE, 65.00% efficiency ratio.

## SEC filing metadata
- accession: 0001552781-22-000556
- form_type: 8-K
- ticker: FCCO
- cik: 0000932781
- company_name: FIRST COMMUNITY CORP /SC/
- filed_at: 2022-09-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932781/000155278122000556/0001552781-22-000556-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932781/000155278122000556/e22425_fcco-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-22-000556
- JSON: https://secwatch.observer/filing/0001552781-22-000556.json
- Plain text: https://secwatch.observer/filing/0001552781-22-000556.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.