secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY CORP /SC/ (FCCO)
CIK:        0000932781
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0001552781-22-000588
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Q3 net income $3.95M, EPS $0.52; loans up $33.9M, NIM expands to 3.29%
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- Net income $3.951M, diluted EPS $0.52 vs $0.41 Q2; YTD net income $10.570M, EPS $1.39.
- Cash dividend $0.13 per share declared, payable Nov 15 to holders of record Nov 1; 83rd consecutive quarterly dividend.
- Total loans grew $33.9M in Q3 (14.7% annualized); YTD loan growth $86.5M (13.4% annualized).
- Net interest margin (tax-equivalent) rose to 3.29% from 2.93% Q2; cost of deposits flat at 0.09%.
- Mortgage banking revenue declined to $290K from $481K Q2; investment advisory revenue $1.053M, AUM $529.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932781/000155278122000588/0001552781-22-000588-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932781/000155278122000588/e22458_fcco-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-22-000588

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