M&A
confidence high
sentiment positive
materiality 0.75
FIRST COMMUNITY CORP /SC/ (FCCO): M&A transaction — First Community Corp closes acquisition of Signature Bank of Georgia for ~$50M
FIRST COMMUNITY CORP /SC/
- Deal valued at $50.0M as of Dec 31, 2025; closed Jan 8, 2026 with stock-for-stock merger: 0.6410 FCCO shares per Signature share.
- Combined company now has $2.3B assets, $2.1B deposits and cash management accounts, and $1.5B loans.
- Banking network expands to 23 offices across SC and GA, including Atlanta MSA.
- Freddie Deutsch (ex-Signature CEO) appointed EVP and Director of Specialty Business Lending; Jonathan Been appointed independent director.
- Systems conversion expected in March 2026; former Signature branches operate under First Community Bank d/b/a Signature Bank of Georgia.