Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 5455 Sunset Blvd LEXINGTON SC 29072 |
Tel: | N/A |
Website: | https://www.firstcommunitysc.com |
IR: | See website |
Key People | ||
Michael C. Crapps President, Chief Executive Officer, Director | Donald Shawn Jordan Chief Financial Officer, Executive Vice President | John Ted Nissen Chief Banking Officer and President, Chief Banking Officer of Bank |
Tanya A. Butts Chief Operating Officer, Chief Risk Officer | Robin D. Brown Chief Human Resource Officer, Chief Marketing Officer | Vaughan Dozier Executive Vice President, Co-Chief Commercial and Retail Banking Officers |
Joseph A. Painter Executive Vice President, Co-Chief Commercial and Retail Banking Officers | John F. Walker Executive Vice President, Chief Credit Officer |
Business Overview |
First Community Corporation is a bank holding company, which operates through its First Community Bank (the Bank). The Company offers a range of traditional banking products and services for professionals and small-to medium-sized businesses, including consumer and commercial, mortgage, brokerage and investment, and insurance services. It also offers online banking to its customers. The Company is engaged in a commercial banking business with 22 full-service offices located in the Midlands of South Carolina, which includes Lexington County, Richland County, Newberry County and Kershaw County; the Upstate of South Carolina, which includes Greenville County, Anderson County and Pickens County; the Piedmont Region of South Carolina, which includes York County, South Carolina and the Central Savannah River Area, which includes Aiken County, South Carolina; and in Augusta, Georgia, which includes Richmond County and Columbia County. |
Financial Overview |
For the three months ended 31 March 2024, First Community Corp (South Carolina) interest income increased 34% to $21.3M. Net interest income after loan loss provision decreased 3% to $11.9M. Net income decreased 25% to $2.6M. Net interest income after loan loss provision reflects Commercial and Retail Banking segment decrease from $12.1M to $0K, Net Interest Margin, Total - % decrease of 13% to 2.79%, Net Interest Spread. |
Employees: | 268 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $78.06M as of Mar 31, 2024 |
EBITDA (TTM): | $19.83M as of Mar 31, 2024 |
Net annual income (TTM): | $10.98M as of Mar 31, 2024 |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 7,629,005 as of Mar 21, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |