First Community Corp announces CEO transition at bank subsidiary, raises dividend to $0.17

FIRST COMMUNITY CORP /SC/

Ted Nissen to retire as First Community Bank CEO on Dec 31, 2026; Vaughan Dozier to become CEO, Drew Painter President on Jan 1, 2027.
Quarterly dividend raised to $0.17 per share, payable Aug 18, 2026 to holders of record Aug 4, 2026.
2Q26 annualized loan growth 11.0% (excluding $195.7M from Signature Bank acquisition); total assets $2.4B.
Net interest margin expanded for ninth consecutive quarter; loan principal cash flows $128.7M at 6.01% in 2H26.
Signature Bank of Georgia acquisition closed Jan 8, 2026; systems conversion completed March 13, 2026.

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