---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000233"
form_type: "8-K"
ticker: "FCCO"
cik: "0000932781"
company_name: "FIRST COMMUNITY CORP /SC/"
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-17T00:16:49.660773+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FCCO Q1 net income $3.46M, EPS $0.45; deposit growth 10.0% annualized; NIM 3.19%

## Summary
- Net income of $3.463M ($0.45 diluted EPS) vs $3.489M ($0.46) in Q1 2022; pre-tax pre-provision earnings $4.496M.
- Total deposits grew $34.8M (10.0% annualized) to $1.42B; pure non-CD deposits up $30.9M (9.15% annualized).
- Net interest margin (taxable equivalent) 3.19%, down from 3.42% in Q4 2022 due to rising deposit costs.
- Asset quality stable: non-performing assets ratio 0.29%, net loan recoveries $15K; allowance 1.15% of loans.
- Board declared $0.14 per share dividend, payable May 16, 2023; share repurchase plan of up to 375K shares approved.

## SEC filing metadata
- accession: 0001552781-23-000233
- form_type: 8-K
- ticker: FCCO
- cik: 0000932781
- company_name: FIRST COMMUNITY CORP /SC/
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932781/000155278123000233/0001552781-23-000233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932781/000155278123000233/e23219_fcco-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000233
- JSON: https://secwatch.observer/filing/0001552781-23-000233.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000233.txt

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