---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000374"
form_type: "8-K"
ticker: "FCCO"
cik: "0000932781"
company_name: "FIRST COMMUNITY CORP /SC/"
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:44:44.249915+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First Community Corp reports $1.7B assets, 12.7% loan growth; NIM compression slows

## Summary
- Total assets $1.7B; loan portfolio $1.03B with 12.7% LTM growth (2Q23 annualized 15.9%).
- NIM declined 17bps in Q2 vs 23bps in Q1; entered $150M pay-fixed/receive-floating swap at 3.58%.
- Uninsured deposits $422.4M (29.7% of total); cumulative cycle deposit beta 19.8%.
- Tangible book value per share $18.11 (ex AOCI); dividend yield 3.24% with 86 consecutive quarters.
- Financial planning AUM $422M; residential mortgage production $107.2M in 1H23.

## SEC filing metadata
- accession: 0001552781-23-000374
- form_type: 8-K
- ticker: FCCO
- cik: 0000932781
- company_name: FIRST COMMUNITY CORP /SC/
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932781/000155278123000374/0001552781-23-000374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932781/000155278123000374/e23385_fcco-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000374
- JSON: https://secwatch.observer/filing/0001552781-23-000374.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000374.txt

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