secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMUNITY CORP /SC/ (FCCO)
CIK:        0000932781
Form:       8-K
Filed at:   2026-05-29T20:07:26+00:00
Accession:  0001552781-26-000347
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FCCO presents 1Q26 update; Signature Bank GA acquisition closed; loan growth 13.1% annualized
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- Acquired Signature Bank of GA on Jan 8, 2026; systems conversion completed Mar 13, 2026.
- Q1 2026 total assets $2.4B; loan portfolio annualized growth of 13.1% (excl. acquisition).
- Net interest margin expanded for eighth consecutive quarter; loan yield 5.94% at Mar 31.
- Core net income metrics presented; SBA lending added via acquisition; dividend 97th consecutive quarter.
- Share repurchase plan up to $7.5M announced May 7; current dividend yield ~2.11%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932781/000155278126000347/0001552781-26-000347-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932781/000155278126000347/e26269_fcco-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-26-000347

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