leadership
confidence high
sentiment positive
materiality 0.75
First Community: CEO Ted Nissen to retire Dec 31; Dozier, Painter promoted effective Jan 1, 2027
FIRST COMMUNITY CORP /SC/
- Vaughan Dozier promoted to First Community Bank CEO and Drew Painter to President, both joining the Board on Jan 1, 2027.
- Ted Nissen retires Dec 31, 2026 but will serve as consultant/advisor; Mike Crapps stays President & CEO of First Community Corporation.
- Signature Bank of Georgia acquisition closed Jan 8, 2026; systems conversion Mar 13, 2026; added $195.7M loans and $229.8M deposits.
- 2Q26 loan growth $29.1M (7.5% annualized); 1H26 $71.6M (11.0% annualized, excluding Signature acquired balances).
- Dividend raised to $0.17/share (payable Aug 18, 2026, record Aug 4); 98 consecutive quarters; 2.01% yield at $33.84 close.