FIRST COMMUNITY CORP /SC/ FCCO
laws of South Carolina in November 1994 primarily to own and control all of the capital stock of First Community Bank, which commenced
operations in August 1995. The Bank's primary federal regulator is the Federal Deposit Insurance Corporation (the "FDIC").
The Bank is also regulated and examined by the South Carolina Board of Financial Institutions (the "S.C. Board").
otherwise mentioned or unless the context requires otherwise, references herein to "First Community," "we,"
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $922.0K | $952.0K | $963.0K | $960.0K | $977.0K | $1.1M | $1.6M | $1.8M | $1.5M | $1.4M |
| Interest expense | $35.0M | $37.4M | $23.8M | $3.2M | $2.2M | $3.8M | $5.8M | $4.0M | $2.8M | $3.0M |
| Pre-tax income | $24.9M | $17.8M | $15.0M | $18.4M | $19.6M | $12.6M | $13.8M | $13.9M | $9.1M | $8.8M |
| Income tax | $5.7M | $3.8M | $3.2M | $3.8M | $4.2M | $2.5M | $2.9M | $2.7M | $3.3M | $2.2M |
| Net income | $19.2M | $14.0M | $11.8M | $14.6M | $15.5M | $10.1M | $11.0M | $11.2M | $5.8M | $6.7M |
| EPS, basic | 2.51 | 1.83 | 1.56 | 1.94 | 2.06 | 1.36 | 1.46 | 1.48 | 0.85 | 1.01 |
| EPS, diluted | 2.47 | 1.81 | 1.55 | 1.92 | 2.05 | 1.35 | 1.45 | 1.45 | 0.83 | 0.98 |
| Shares, diluted (wtd. avg.) | $7.8M | $7.7M | $7.6M | $7.6M | $7.5M | $7.5M | $7.6M | $7.7M | $7.0K | $6.8K |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $161.1M | $149.8M | $94.7M | $37.4M | $69.0M | $65.0M | $47.7M | $32.3M | $30.6M | $22.0M |
| Property, plant and equipment | $29.3M | $30.0M | $30.6M | $31.3M | $32.8M | $34.5M | $35.0M | $35.0M | $36.1M | $29.8M |
| Goodwill | $14.6M | $14.6M | $14.6M | $14.6M | $14.6M | $14.6M | $14.6M | $14.6M | $14.6M | $5.1M |
| Other intangibles | $289.0K | $446.0K | $604.0K | $761.0K | $919.0K | $1.1M | $1.5M | $2.0M | $2.6M | $1.1M |
| Total assets | $2.06B | $1.96B | $1.83B | $1.67B | $1.58B | $1.40B | $1.17B | $1.09B | $1.05B | $914.8M |
| Total liabilities | $1.89B | $1.81B | $1.70B | $1.55B | $1.44B | $1.26B | $1.05B | $979.1M | $945.1M | $832.9M |
| Retained earnings | $80.3M | $65.8M | $56.3M | $49.0M | $38.3M | $26.5M | $19.9M | $12.3M | $4.1M | $573.0K |
| Total equity | $167.6M | $144.5M | $131.1M | $118.4M | $141.0M | $136.3M | $120.2M | $112.5M | $105.7M | $81.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $18.7M | $11.6M | $13.0M | $22.1M | $57.9M | -$17.0M | $4.8M | $20.0M | $18.4M | $5.1M |
| Depreciation and amortisation | $1.7M | $1.7M | $1.8M | $1.6M | $1.7M | — | — | — | — | — |
| Stock-based compensation | $1.2M | $753.0K | $794.0K | — | — | — | — | — | — | — |
| Capital expenditure | $1.1M | $1.1M | $1.1M | $1.2M | $813.0K | $1.1M | $2.8M | $1.5M | $3.1M | $1.2M |
| Investing cash flow | -$80.8M | -$67.6M | -$89.7M | -$162.8M | -$236.3M | -$171.5M | -$49.2M | -$47.8M | $9.0M | -$51.5M |
| Financing cash flow | $73.4M | $111.1M | $133.9M | $109.0M | $182.4M | $205.9M | $59.9M | $29.5M | -$18.8M | $45.5M |
| Dividends paid | $4.8M | $4.4M | $4.2M | $3.9M | $3.6M | $3.6M | $3.3M | $3.0M | $2.5M | $2.1M |
| Buybacks | — | — | — | — | — | — | $5.6M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001552781-26-000218.
Others in SIC 6022
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $111.84B | 22.3x | 7.8% |
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.92B | 13.7x | 2.4% |