{"schema_version":"secwatch.filing_event.v1","accession":"0001552781-26-000389","form_type":"8-K","ticker":"FCCO","cik":"0000932781","company_name":"FIRST COMMUNITY CORP /SC/","filed_at":"2026-07-22T20:06:31+00:00","discovered_at":"2026-07-22T20:09:00.265288+00:00","generated_at":"2026-07-22T20:09:29.104049+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"First Community Q2 net income up 46.5% YoY; announces leadership transition and increased dividend","bullets":["Net income of $7.595M ($0.80 diluted EPS) in Q2 2026, up 46.5% YoY; adjusted EPS $0.84 excluding merger expenses.","Total deposits $2.025B, up $275.3M YTD including $229.8M from Signature Bank acquisition; organic deposit growth 5.2% annualized.","Total loans $1.578B, up $29.1M in quarter (7.5% annualized); organic loan growth 11.0% annualized in H1 2026.","Net interest margin (tax-equivalent) expanded to 3.51%, up 14 bps from Q1, ninth consecutive quarter of expansion.","J. Ted Nissen to retire as Bank CEO/President effective Dec 31, 2026; Vaughan Dozier to become Bank CEO, Drew Painter Bank President on Jan 1, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001552781-26-000389","json":"https://secwatch.observer/filing/0001552781-26-000389.json","markdown":"https://secwatch.observer/filing/0001552781-26-000389.md","text":"https://secwatch.observer/filing/0001552781-26-000389.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/e26306_fcco-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-22T20:09:29.104049+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1eb0908bdf","claim":"J. Ted Nissen retired as Executive Vice President and Chief Banking Officer of the Company and President and Chief Executive Officer of the Bank at FIRST COMMUNITY CORP /SC/.","evidence_excerpt":"J. Ted Nissen has notified the Company and the Bank of his decision to retire from his positions as Executive Vice President and Chief Banking Officer of the Company and President and Chief Executive Officer of the Bank, effective December 31, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Executive Vice President and Chief Banking Officer of the Company and President and Chief Executive Officer of the Bank"}],"fact_type":"executive_change"},{"claim_id":"4ebb27ab85","claim":"J. Ted Nissen retired as Director of the Company and the Bank at FIRST COMMUNITY CORP /SC/.","evidence_excerpt":"Mr. Nissen will also retire from the boards of directors of the Company and the Bank, effective December 31, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Director of the Company and the Bank"}],"fact_type":"executive_change"},{"claim_id":"89f123034f","claim":"Joseph A. \"Drew\" Painter was appointed as Director of the Company and the Bank at FIRST COMMUNITY CORP /SC/.","evidence_excerpt":"On July 21, 2026, Mr. Dozier and Mr. Painter were appointed to the boards of directors of the Company and the Bank, effective January 1, 2027.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director of the Company and the Bank"}],"fact_type":"executive_change"},{"claim_id":"ce7795ffe4","claim":"Vaughan R. Dozier, Jr. was appointed as Chief Executive Officer of the Bank at FIRST COMMUNITY CORP /SC/.","evidence_excerpt":"Vaughan R. Dozier, Jr., age 45, will become Chief Executive Officer of the Bank and Joseph A. “Drew” Painter, age 48, will become President of the Bank, each effective January 1, 2027.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer of the Bank"}],"fact_type":"executive_change"},{"claim_id":"d09ddf73d0","claim":"Joseph A. \"Drew\" Painter was appointed as President of the Bank at FIRST COMMUNITY CORP /SC/.","evidence_excerpt":"Joseph A. “Drew” Painter, age 48, will become President of the Bank, each effective January 1, 2027.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President of the Bank"}],"fact_type":"executive_change"},{"claim_id":"e9370a9291","claim":"Vaughan R. Dozier, Jr. was appointed as Director of the Company and the Bank at FIRST COMMUNITY CORP /SC/.","evidence_excerpt":"On July 21, 2026, Mr. Dozier and Mr. Painter were appointed to the boards of directors of the Company and the Bank, effective January 1, 2027.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director of the Company and the Bank"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}