First Community announces CEO transition, Signature Bank acquisition, Q2 metrics; dividend up to $0.17

FIRST COMMUNITY CORP /SC/

Ted Nissen to retire as First Community Bank CEO Dec 31, 2026; Vaughan Dozier promoted to CEO and Drew Painter to President effective Jan 1, 2027.
Signature Bank of Georgia acquisition closed Jan 8, 2026; systems conversion March 13, 2026; added $195.7M loans.
Total assets $2.4B at June 30, 2026; 23 banking offices; 98 consecutive dividend quarters.
Dividend increased to $0.17/share payable Aug 18, 2026 (record Aug 4, 2026).
1H26 loan growth 11.0% annualized (excl. Signature); NIM expanded for 9 consecutive quarters.

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