secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY CORP /SC/ (FCCO)
CIK:        0000932781
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0001552781-23-000321
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Q2 net income $3.327M (+6.3% YoY); loan growth 15.9% annualized
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- Q2 net income $3.327M, EPS $0.43 vs $0.41 YoY; pre-tax pre-provision earnings up 14.5% to $4.433M.
- Loans increased $39.4M (15.9% annualized); deposits flat at $1.42B.
- Asset quality excellent: NPAs 0.06%, past due 0.05%; net loan recoveries $14K.
- Board declared $0.14/share dividend, payable Aug 15; 86th consecutive quarterly dividend.
- Investment advisory AUM hit record $675.4M; interest rate swap executed for $150M notional.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932781/000155278123000321/0001552781-23-000321-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932781/000155278123000321/e23314_fcco-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-23-000321

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