First Community Corporation (FCCO)

First Community Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	68.26	66.43	52.32	39.23	39.67	37.04
Interest Income on Investments	22.99	22.99	20.38	11.88	7.85	6.74
Total Interest Income	91.25	89.42	72.7	51.12	47.52	43.78
Interest Paid on Deposits	30.69	31.17	16.56	1.85	1.74	3.02
Interest Paid on Borrowings	6.21	6.21	7.24	1.33	0.5	0.73
Total Interest Expense	36.9	37.38	23.81	3.17	2.24	3.76
Net Interest Income	54.35	52.04	48.89	47.94	45.28	40.02
Net Interest Income Growth (YoY)	11.81%	6.44%	1.98%	5.88%	13.13%	8.61%
Mortgage Banking Activities	2.7	2.37	1.41	1.9	4.32	5.56
Gain (Loss) on Sale of Assets	-0.01	-0.01	-	-0.07	0.12	-
Gain (Loss) on Sale of Investments	-	-	-1.25	-	-	0.1
Other Non-Interest Income	11.09	10.58	9.03	8.82	8.24	6.53
Total Non-Interest Income	14.7	13.9	10.3	11.56	13.73	13.46
Non-Interest Income Growth (YoY)	34.72%	34.94%	-10.91%	-15.81%	2.04%	14.67%
Revenues Before Loan Losses	69.05	65.94	59.19	59.51	59.01	53.48
Provision for Loan Losses	1.12	0.81	1.13	-0.15	0.34	3.66
Revenue	67.93	65.13	58.06	59.66	58.68	49.82
Revenue Growth (YoY)	16.46%	12.17%	-2.67%	1.67%	17.78%	2.83%
Salaries and Employee Benefits	27.18	26.62	23.68	25.36	24.49	24.03
Federal Deposit Insurance	1.2	1.18	0.9	0.47	0.62	0.4
Amortization of Goodwill & Intangibles	0.16	0.16	0.16	0.16	0.2	0.36
Selling, General & Administrative	8.69	8.7	8.4	5.6	5.42	4.99
Other Non-Interest Expense	11.08	10.71	10.11	9.36	8.37	7.55
Total Non-Interest Expense	48.41	47.47	43.14	41.25	39.2	37.53
EBT Excluding Unusual Items	19.52	17.67	14.92	18.4	19.48	12.28
Other Unusual Items	0.11	0.11	0.12	0.01	0.17	-
Pretax Income	19.62	17.77	15.04	18.41	19.65	12.6
Income Tax Expense	4.27	3.82	3.2	3.8	4.18	2.5
Net Income	15.36	13.96	11.84	14.61	15.47	10.1
Net Income to Common	15.36	13.96	11.84	14.61	15.47	10.1
Net Income Growth	39.88%	17.83%	-18.96%	-5.51%	53.13%	-7.95%
Basic Shares Outstanding	8	8	8	8	7	7
Diluted Shares Outstanding	8	8	8	8	8	7
Shares Change (YoY)	0.89%	0.72%	0.51%	0.78%	0.90%	-1.40%
EPS (Basic)	2.01	1.83	1.56	1.94	2.06	1.36
EPS (Diluted)	1.98	1.81	1.55	1.92	2.05	1.35
EPS Growth	37.48%	16.77%	-19.27%	-6.34%	51.85%	-6.90%
Dividend Per Share	0.600	0.590	0.560	0.530	0.490	0.480
Dividend Growth	7.14%	5.36%	5.66%	8.16%	2.08%	6.67%
Effective Tax Rate	21.75%	21.47%	21.26%	20.63%	21.29%	19.82%

Updated Apr 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q