$33.630
+0.232 (+0.69%)At close
FCCO News
FCCO Events
Q4 2025 Net Loan Recoveries of $23,000
Reports Q4 net charge-offs of $52,000; net loan recoveries, excluding overdrafts, $23,000; non-performing assets of 0.02% and past due loans of 0.07% at year-end 2025. Reports Q4 Book value per common share $21.78 vs. $21.01 in the previous quarter. Q4 EPS excludes after-tax effect of merger expenses.
First Community announces Q3 EPS of 72 cents excluding items, surpassing consensus of 65 cents.
Reports Q3 net charge-offs, including overdrafts, $13,000; excluding overdrafts net loan recoveries were $8,000. Reported EPS excludes the after-tax effect of merger expenses.
First Community increases cash dividend to 16c from 15c
The Board of Directors approved an increased cash dividend for the Q2. The company will pay a 16c per share dividend to holders of the company's common stock. This dividend is payable August 19, to shareholders of record as of August 5. As previously announced on May 9, 2025, the Company's Board of Directors approved a plan to utilize up to $7.5M of capital to repurchase shares of its common stock, which represented approximately 5.0% of total shareholders' equity as of March 31, 2025. This new share repurchase plan expires on May 8, 2026. Under the repurchase plan, the Company may repurchase shares from time to time. No shares have been repurchased under this plan.
First Community reports Q2 EPS 67c, consensus 57c
Reports Q2 Assets under management exceeded $1B for the first time and were a record $1.011B at June 30, 2025, a 9.1 % increase year-to-date. Reports Q2 had net charge-offs, including overdrafts, of $10,000 and net loan recoveries, excluding overdrafts, of $5,000. Year-to-date through June 30 net recoveries, including overdrafts, were $1,000 and net loan recoveries, excluding overdrafts, were $19,000.
First Community to acquire Signature Bank of Georgia for $41.6M
First Community and Signature Bank of Georgia jointly announced the signing of a definitive merger agreement, under which First Community has agreed to acquire Signature in an all-stock transaction with a total current value of approximately $41.6M, based on First Community's closing price of $24.84 per share as of July 11, 2025. The transaction value at the time of the merger may change due to changes in the price of First Community stock. On a pro forma combined basis, the combined company is expected to have approximately $2.3B in total assets, $2B in total deposits, and $1.5B in total loans at closing. The transaction will create a 23-office banking company with locations spanning the Midlands, Aiken, Upstate, and Piedmont Regions of South Carolina, the Augusta, Georgia area, and now the Atlanta-Sandy Springs-Roswell, Georgia MSA. The merger agreement has been unanimously approved by the Board of Directors of each company. Closing of the transaction, which is expected to occur early in the first quarter of 2026, is subject to customary conditions, including regulatory approval and approval by the shareholders of Signature and First Community.
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