---
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"
generated_at: "2026-07-22T20:09:29.104049+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First Community Q2 net income up 46.5% YoY; announces leadership transition and increased dividend

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-26-000389
- JSON: https://secwatch.observer/filing/0001552781-26-000389.json
- Plain text: https://secwatch.observer/filing/0001552781-26-000389.txt

## Key facts
- Executive change
  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/.
  - Action: retired
  - Role: Executive Vice President and Chief Banking Officer of the Company and President and Chief Executive Officer of the Bank
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm
- Executive change
  J. Ted Nissen retired as Director of the Company and the Bank at FIRST COMMUNITY CORP /SC/.
  - Action: retired
  - Role: Director of the Company and the Bank
  source text: Mr. Nissen will also retire from the boards of directors of the Company and the Bank, effective December 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm
- Executive change
  Joseph A. "Drew" Painter was appointed as Director of the Company and the Bank at FIRST COMMUNITY CORP /SC/.
  - Action: appointed
  - Role: Director of the Company and the Bank
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm
- Executive change
  Vaughan R. Dozier, Jr. was appointed as Chief Executive Officer of the Bank at FIRST COMMUNITY CORP /SC/.
  - Action: appointed
  - Role: Chief Executive Officer of the Bank
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm
- Executive change
  Joseph A. "Drew" Painter was appointed as President of the Bank at FIRST COMMUNITY CORP /SC/.
  - Action: appointed
  - Role: President of the Bank
  source text: Joseph A. “Drew” Painter, age 48, will become President of the Bank, each effective January 1, 2027.
  evidence_url: https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm
- Executive change
  Vaughan R. Dozier, Jr. was appointed as Director of the Company and the Bank at FIRST COMMUNITY CORP /SC/.
  - Action: appointed
  - Role: Director of the Company and the Bank
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/932781/000155278126000389/0001552781-26-000389-index.htm

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