secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY CORP /SC/ (FCCO)
CIK:        0000932781
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001552781-24-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Q4 net income $3.3M, EPS $0.43 vs $0.53 YoY; full-year EPS $1.55 down 19%
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- Q4 net income $3.297M, EPS $0.43, vs $4.043M, $0.53 in Q4 2022.
- Full-year 2023 net income $11.843M, EPS $1.55, vs $14.613M, $1.92 in 2022.
- Loans grew $153.2M (15.6%) in 2023; deposits grew $125.6M (9.1%), excluding brokered CDs +5.6%.
- Declares $0.14 dividend payable Feb 20, 2024 to shareholders of record Feb 6; 88th consecutive quarter.
- Non-performing assets 0.05% of total assets; net recoveries of $6k for 2023; credit quality excellent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932781/000155278124000017/0001552781-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932781/000155278124000017/e24021_fcco-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer