---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-24-000568"
form_type: "8-K"
ticker: "FCCO"
cik: "0000932781"
company_name: "FIRST COMMUNITY CORP /SC/"
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T14:15:53.875155+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Community Corp Q3 net income $3.86M, EPS $0.50; NIM expands to 2.96%

## Summary
- Net income $3.861M ($0.50 diluted EPS) vs $3.265M ($0.42) in Q2 and $1.756M ($0.23) in Q3 2023; YTD $9.723M vs $8.546M.
- Total loans grew $7.5M in Q3 (2.5% annualized); deposits grew $39.5M (9.8% annualized). Customer deposits (ex-brokered) up $60M (15.3% annualized).
- Net interest margin (tax-equivalent) improved to 2.96% from 2.93% in Q2; loan portfolio yield up 13 bps to 5.73%.
- Cash dividend $0.15/share declared (91st consecutive quarter), payable Nov 12; new share repurchase plan up to $7.1M authorized.
- Strong credit quality: NPAs ratio 0.04%, past due 0.11%, net charge-offs $68K. Tangible book value $16.78 (up from $15.85 in Q2).

## SEC filing metadata
- accession: 0001552781-24-000568
- form_type: 8-K
- ticker: FCCO
- cik: 0000932781
- company_name: FIRST COMMUNITY CORP /SC/
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932781/000155278124000568/0001552781-24-000568-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932781/000155278124000568/e24412_fcco-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-24-000568
- JSON: https://secwatch.observer/filing/0001552781-24-000568.json
- Plain text: https://secwatch.observer/filing/0001552781-24-000568.txt

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