Recent Updates — FCCO

First Community Corporation announced third-quarter 2026 financial results showing net income of $8.044 million and diluted earnings per share of $0.85, representing increases of 54.9% and 26.9% year-over-year, respectively. The company also declared a quarterly cash dividend of $0.17 per common share, payable on November 17, 2026 to shareholders of record as of November 3, 2026. Net interest margin expanded eight basis points to 3.59%, marking the tenth consecutive quarter of expansion. Total loans grew by $32.1 million during the quarter to $1.610 billion, while non-performing assets remained low at 0.04% of total assets. First Community Corporation operates as a bank holding company for First Community Bank in South Carolina.

First Community Corporation announced that J. Ted Nissen will retire from all officer and board positions effective December 31, 2026. The company entered into a consulting agreement with Mr. Nissen starting January 1, 2027, to support the leadership transition and provide strategic advice. Compensation under this agreement is $40,000 per month for January through March 2027 and $15,000 per month from April through December 2027. Mr. Nissen will serve as an independent contractor with restrictive covenants lasting twelve months post-termination. First Community Corporation operates in the banking industry, providing financial services through its subsidiary, First Community Bank.

First Community Corporation appointed Terrance Ford and Shell K. Berry as directors of the company and its subsidiary, First Community Bank, effective October 1, 2026. Mr. Ford, currently Vice President of AT&T South Carolina, brings expertise in telecommunications, cybersecurity, and community development, while Ms. Berry, CEO of the Community Foundation for the Central Savannah River Area, offers a background in investment banking and nonprofit management. Both directors will participate in standard non-employee director compensation arrangements. First Community Corporation operates as a bank holding company providing financial services through its subsidiary bank.

First Community Corporation filed an 8-K to furnish investor presentation materials for the Raymond James U.S. Bank and Banking on Tech Conference. The filing highlights a leadership transition where Ted Nissen will retire as CEO of First Community Bank effective December 31, 2026, succeeded by Vaughan Dozier as CEO and Drew Painter as President starting January 1, 2027. It also details the acquisition of Signature Bank of Georgia, closed on January 8, 2026, which expanded the bank's presence into the Atlanta market. Additionally, the presentation notes a dividend increase approved on July 21, 2026, raising the quarterly cash dividend to $0.17 per share, payable August 18, 2026, to shareholders of record as of August 4, 2026. First Community Corporation operates as a community bank holding company in South Carolina.

First Community Corporation filed an 8-K to furnish investor presentation materials for a roadshow on August 11, 2026. The filing discloses that the board approved a cash dividend increase to $0.17 per share, payable on August 18, 2026, to shareholders of record as of August 4, 2026. Additionally, the company announced a leadership transition where Ted Nissen will retire from First Community Bank and its Board effective December 31, 2026, with Vaughan Dozier promoted to CEO and Drew Painter to President effective January 1, 2027. The presentation also highlights the acquisition of Signature Bank of Georgia, which closed on January 8, 2026, and provides second-quarter 2026 financial metrics including $2.4 billion in total assets. First Community Corporation operates as a community bank holding company focused on organic growth and opportunistic acquisitions in South Carolina and Georgia.