FCCO reports Q4 EPS $0.53, up YoY; increases quarterly dividend to $0.14

FIRST COMMUNITY CORP /SC/

2022-FY EPS reported $1.92 revenue$960,000

Q4 2022 net income $4.043M vs. $3.919M in Q4 2021; diluted EPS $0.53 vs. $0.52.
Full-year 2022 net income $14.613M vs. $15.465M in 2021; diluted EPS $1.92 vs. $2.05.
Board increased quarterly cash dividend to $0.14 per share, payable Feb 14, 2023 to holders of record Jan 31, 2023.
Total loan growth of 13.6% ($117.2M) during 2022; non-performing assets at 0.35% of total assets.
Investment advisory revenue up 12.1% YoY to $4.479M; AUM $558.8M at Dec 31, 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FIRST COMMUNITY CORP /SC/ reported the fourth quarter of 2022 results: net income $4.043 million, EPS $0.53 per common share.

Period: the fourth quarter of 2022
Net income: $4.043 million
EPS: $0.53 per common share
Result: reported results

Exact text from the filing

Net income for the fourth quarter of 2022 was $4.043 million and diluted earnings per common share were $0.53

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FIRST COMMUNITY CORP /SC/ reported the year ended December 31, 2022 results: net income $14.613 million, EPS $1.92 per common share.

Period: the year ended December 31, 2022
Net income: $14.613 million
EPS: $1.92 per common share
Result: reported results

Exact text from the filing

For the year ended December 31, 2022, net income was $14.613 million compared to $15.465 million in 2021. Diluted earnings per common share were $1.92 for 2022 compared to $2.05 in 2021.

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Source: SEC EDGAR

accession 0001552781-23-000019

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