secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY CORP /SC/ (FCCO)
CIK:        0000932781
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001552781-25-000150
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Community Corp Q1 2025: EPS $0.51, NIM 3.13%, loan growth 10.4% annualized, $0.15 dividend
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- Net income $3.997M, diluted EPS $0.51, vs $2.597M and $0.34 in Q1 2024; linked quarter EPS $0.55.
- Total loans grew $31.4M to $1.252B (10.4% annualized); deposits grew $49.8M to $1.726B (12.1% annualized).
- Net interest margin (tax-equivalent) expanded 13 bps to 3.13% from 2.79% YoY; cost of funds decreased 11 bps to 1.94%.
- Asset quality excellent: NPAs 0.03% of assets, past due loans 0.14%; net recoveries $11k.
- Cash dividend $0.15 per share declared, payable May 20, 2025 to holders of record May 6, 2025 (93rd consecutive quarter).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932781/000155278125000150/0001552781-25-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932781/000155278125000150/e25180_fcco-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-25-000150

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