---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-25-000012"
form_type: "8-K"
ticker: "FCCO"
cik: "0000932781"
company_name: "FIRST COMMUNITY CORP /SC/"
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T21:42:27.473436+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# First Community Corp Q4 EPS $0.55 (+28% YoY); deposits up 10.9%, wholesale debt cut 92%

## Summary
- Net income Q4 $4.232M ($0.55 diluted EPS) vs $3.297M ($0.43) in Q4 2023; FY2024 net income $13.955M ($1.81 EPS) vs $11.843M ($1.55).
- Total loans grew $86.5M (7.6%) in 2024; total deposits up $164.9M (10.9%). Wholesale funding cut from $138.1M to $10.4M.
- Net interest margin expanded to 3.00% in Q4 from 2.96% in Q3; December NIM 3.05%. Interest rate swap contributed 14 bps to loan yield.
- Credit quality remains excellent: NPAs 0.04% of assets, net charge-offs only $65k for full year 2024.
- Dividend $0.15/sh declared; 92nd consecutive quarterly dividend. Share repurchase plan of up to $7.1M remains active.

## SEC filing metadata
- accession: 0001552781-25-000012
- form_type: 8-K
- ticker: FCCO
- cik: 0000932781
- company_name: FIRST COMMUNITY CORP /SC/
- filed_at: 2025-01-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932781/000155278125000012/0001552781-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932781/000155278125000012/e25018_fcco-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-25-000012
- JSON: https://secwatch.observer/filing/0001552781-25-000012.json
- Plain text: https://secwatch.observer/filing/0001552781-25-000012.txt

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