secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY CORP /SC/ (FCCO)
CIK:        0000932781
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001552781-24-000580
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Corp reports 9M24 core EPS $1.23, total assets $1.9B, NIM inflection in 2Q24
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- Total assets $1.9B at Sep 30, 2024; loan portfolio LTM growth 9.6% (ex-PPP).
- Core net income YTD 9M24 $9.423M ($1.23 core EPS); pre-tax pre-provision earnings $11.623M.
- Net interest margin inflection began in 2Q24; interest rate swap added 15 bps to 3Q24 NIM.
- Dividend of $0.145 per quarter for 91 consecutive quarters; current yield 2.53% based on $23.74 close.
- Non-interest bearing deposits 27% of total; deposit cost 2.03% in 3Q24; uninsured deposits 30%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932781/000155278124000580/0001552781-24-000580-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932781/000155278124000580/e24437_fcco-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-24-000580

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