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FCCO

First Community Corporation

FCCO

First Community Corporation • NASDAQ
$29.02 ▲ 0.00% (+0.00)
Market Cap $223.15 M
52w High $29.55
52w Low $19.46
Dividend Yield 0.62%
P/E 12.09
Volume 7.59K
Outstanding Shares 7.69M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $27.748M ▼ $12.051M ▼ $5.192M ▲ 18.711% ▲ $0.68 $7.054M ▼
Q2-2025 $28.379M ▲ $13.083M ▲ $5.186M ▲ 18.274% ▲ $0.68 ▲ $15.573M ▲
Q1-2025 $25.747M ▲ $11.437M ▲ $3.997M ▼ 15.524% ▼ $0.52 ▼ $5.644M ▼
Q4-2024 $25.329M ▼ $10.473M ▼ $4.232M ▲ 16.708% ▲ $0.55 ▲ $5.858M ▲
Q3-2024 $25.524M $10.784M $3.861M 15.127% $0.51 $5.467M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $213.061M ▲ $2.067B ▲ $1.905B ▲ $161.568M ▲
Q2-2025 $0 ▼ $2.046B ▲ $1.891B ▲ $155.5M ▲
Q1-2025 $486.804M ▲ $2.039B ▲ $1.889B ▲ $149.959M ▲
Q4-2024 $157.599M ▼ $1.958B ▲ $1.814B ▲ $144.494M ▲
Q3-2024 $441.051M $1.944B $1.8B $143.312M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $5.192M ▲ $9.166M ▲ $-10.68M ▲ $11.639M ▲ $10.125M ▲ $9.044M ▲
Q2-2025 $5.186M ▲ $-236K ▼ $-17.552M ▲ $1.396M ▼ $-16.392M ▼ $-454K ▼
Q1-2025 $3.997M ▼ $6.439M ▲ $-31.908M ▼ $75.501M ▲ $50.032M ▲ $6.239M ▲
Q4-2024 $4.232M ▲ $-3.81M ▼ $-31.404M ▼ $13.544M ▼ $-21.67M ▼ $-4.107M ▼
Q3-2024 $3.861M $10.271M $-330K $50.046M $59.987M $10.092M

Five-Year Company Overview

Income Statement

Income Statement Revenue has trended upward over the past five years, showing slow but steady growth for a community bank. Profitability has generally been solid, with operating profits holding fairly stable even as the environment for regional banks became tougher. Net income has been positive throughout, but earnings per share have bounced around a bit—strong in 2021, softer in 2022 and 2023, and then improving again in 2024, though not back to the earlier peak. Overall, the income statement points to a bank that is consistently profitable, but not immune to interest‑rate pressure and margin swings.

Balance Sheet

Balance Sheet The balance sheet has steadily grown, with total assets rising each year, which is consistent with a bank that’s gradually expanding its footprint. Cash levels have improved meaningfully more recently, providing extra flexibility and a cushion for funding. Debt increased compared with several years ago but has come down from a more recent high, while shareholders’ equity has edged up over time. This combination supports the idea of a sturdy, well‑capitalized bank, though the higher use of borrowings versus earlier years is something to watch if funding costs stay elevated.

Cash Flow

Cash Flow Cash generation from operations has been positive in most years, with one weak year early in the period and an unusually strong year in the middle, followed by more normal but still positive levels. Free cash flow essentially mirrors operating cash flow, as capital spending needs appear very light. For a bank, reported cash flow can be noisy, but the pattern here suggests the core business is generally self‑funding, with no obvious signs of persistent cash strain.

Competitive Edge

Competitive Edge First Community operates as a classic community bank with a strong local focus in South Carolina and parts of Georgia. Its edge comes less from unique products and more from consistently good credit quality, disciplined underwriting, and a loyal, relationship‑driven customer base. Management leans on a strong deposit franchise, which helps keep funding relatively stable and cost‑effective. The bank has built meaningful presence in its core markets and is using selective acquisitions, such as the move into metro Atlanta, to deepen and broaden that footprint. Competition from larger regional and national banks remains intense, but FCCO’s local relationships and conservative balance sheet give it a respectable, if niche, position.

Innovation and R&D

Innovation and R&D FCCO does not appear to be a technology pioneer, but it has kept pace with industry standards by adopting widely used digital tools rather than building its own. Customers get modern online and mobile banking, digital payments, remote deposit, and integrated invoicing and payment solutions for small businesses. Security features using data analytics and card controls are in place, showing a practical focus on risk management. The bank relies on partnerships—such as with Autobooks for business tools and Raymond James for investment services—rather than heavy in‑house R&D. This “fast follower” approach keeps offerings competitive while keeping technology risk and spending relatively contained, but it also means the bank’s moat is rooted more in relationships and credit quality than in unique tech.

Summary

First Community Corporation looks like a steady, conservatively run community bank that has grown gradually while maintaining consistent profitability. Its financials show rising revenue, stable operating performance, and a solid, expanding balance sheet backed by good credit quality. Cash flows are generally supportive of its operations, with limited capital spending needs. Competitively, the bank leans on deep local relationships, a strong deposit base, and careful underwriting rather than flashy innovation. Its technology stance is pragmatic: offering standard, modern digital banking through partnerships instead of heavy internal development. The main opportunities lie in continued disciplined expansion and smart use of fintech partnerships, while key risks center on interest‑rate shifts, funding costs, and ongoing competition from larger banks and digital‑first players.

NEWS

October 22, 2025 · 9:00 AM UTC

First Community Corporation Announces Third Quarter Results and Cash Dividend

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