First Community(NASDAQ) FCCO

First Community helps local businesses and families manage their money and get loans. The company runs 21 bank branches across South Carolina and Georgia. These offices provide everyday tools like checking accounts and business funding.

Banking Tools for Your Community

• Commercial and Retail Banking: Deposit accounts like checking, savings, and retirement plans for individuals and small businesses.
• Loan Portfolio: Business loans for equipment or expansion alongside personal loans for cars and home repairs.
• Mortgage Banking: Fixed and variable rate home loans, with some sold into the secondary market for liquidity.
• Investment Advisory: Financial planning and insurance services provided through a professional affiliation with LPL Financial.

Expanding Across the Southeast

• Acquired Cornerstone Bancorp in 2017 to expand operations into the Upstate region of South Carolina.
• Opened a full-service banking office in York County, South Carolina, in October 2022.
• Streamlined its branch network by closing a banking office in downtown Augusta, Georgia, in June 2024.

What Sets This Bank Apart

The company focuses on high-growth regions like the Midlands and Upstate where household incomes are rising. It competes with larger institutions by offering personal service to small businesses that require tailored credit solutions.

Checking the Financial Vitals

• Revenue reached $29.7 million in Q1 2026, up 15.2% from Q1 2025.
• Net income hit $5.5 million in Q1 2026, up 37.6% year-over-year.
• Operating income was $5.9 million in Q1 2026, up 14.6% from the previous year.
• Total assets were $2.1 billion as of December 31, 2025.

Bottom Line

First Community has evolved from a local startup into a regional bank with $2.1 billion in assets. Its steady growth through targeted acquisitions and branch expansion supports a diversified range of banking and investment services.