First Community(NASDAQ) FCCO

First Community Corporation helps small businesses and families manage money. The bank provides loans for business growth and home purchases. It also offers checking accounts and investment advice to customers.

What Does the Bank Offer?

• Commercial and Retail Banking: Core services including checking accounts, savings plans, and business financing for small to medium-sized companies.
• Mortgage Banking: Lending options for home acquisition, new construction, and residential real estate refinancing.
• Investment Advisory: Financial planning and brokerage services that managed $1.4 billion in assets at June 30, 2026.
• Government Guaranteed Lending: Specialized business financing provided through Small Business Administration (SBA) programs.

Expanding the Georgia Footprint

• Completed the merger with Signature Bank of Georgia on Jan. 8, 2026.
• Acquired approximately $195.7 million in loans and two branch locations from the Signature Bank deal.
• Retained personnel from the acquisition to expand the workforce to 298 full-time equivalent employees at June 30, 2026.
• Launched a new government guaranteed lending segment in early 2026 following the merger.

Regional Reach and Diverse Services

The bank operates 21 full-service branches across several South Carolina counties and parts of Georgia. It combines traditional banking with specialized divisions for mortgages, investment advice, and government-guaranteed small business loans.

Checking the Recent Scorecard

• Net interest income, or the profit from loans minus interest paid on deposits, rose 27.3% to $19.5 million for the three months ended June 30, 2026.
• Net income increased to $13.1 million for the six months ended June 30, 2026, up $3.9 million year over year.
• Total assets grew to $2.4 billion at June 30, 2026, from $2.1 billion at Dec. 31, 2025.
• Investment advisory fees rose $1.0 million to $4.6 million during the six months ended June 30, 2026.

Steady Regional Evolution

First Community has evolved through strategic regional mergers while diversifying its income through investment advisory and government-guaranteed lending. This expansion allows the bank to serve a broader client base across South Carolina and Georgia.