First Community Corp. Files 2024 10-K

Ticker: FCCO · Form: 10-K · Filed: 2025-03-14T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, financials, banking

TL;DR

FCCO filed its 2024 10-K. Financials are in.

AI Summary

First Community Corp. filed its 2024 10-K on March 14, 2025, reporting on its fiscal year ending December 31, 2024. The company, a state commercial bank, is headquartered at 5455 Sunset Blvd, Lexington, SC. The filing details financial performance and business operations for the period.

Why It Matters

This filing provides investors and stakeholders with a comprehensive overview of First Community Corp.'s financial health and strategic direction for the past fiscal year.

Risk Assessment

Risk Level: low — This is a standard annual financial filing with no immediate red flags.

Key Players & Entities

FAQ

What is the primary business of First Community Corp.?

First Community Corp. is a state commercial bank, as indicated by its SIC code [6022].

When did First Community Corp. file its 2024 10-K?

First Community Corp. filed its 2024 10-K on March 14, 2025.

What is the fiscal year end for First Community Corp.?

The fiscal year end for First Community Corp. is December 31.

Where is First Community Corp. headquartered?

First Community Corp. is headquartered at 5455 Sunset Blvd, Lexington, SC 29072.

What SEC Act governs this filing?

This filing is made under the 1934 Act.

From the Filing

0001552781-25-000082.txt : 20250314 0001552781-25-000082.hdr.sgml : 20250314 20250314153457 ACCESSION NUMBER: 0001552781-25-000082 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 136 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250314 DATE AS OF CHANGE: 20250314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST COMMUNITY CORP /SC/ CENTRAL INDEX KEY: 0000932781 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 571010751 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28344 FILM NUMBER: 25739702 BUSINESS ADDRESS: STREET 1: 5455 SUNSET BLVD CITY: LEXINGTON STATE: SC ZIP: 29072 BUSINESS PHONE: 8032538875 10-K 1 e25084_fcco-10k.htm FCCO 10-K false --12-31 2024 FY 0000932781 false false P39Y P10Y P11Y2M16D P17Y 0000932781 2024-01-01 2024-12-31 0000932781 2024-06-28 0000932781 2025-03-14 0000932781 2024-12-31 0000932781 2023-12-31 0000932781 2023-01-01 2023-12-31 0000932781 2022-01-01 2022-12-31 0000932781 us-gaap:CommonStockMember 2021-12-31 0000932781 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000932781 fcco:NonvestedRestrictedStockMember 2021-12-31 0000932781 us-gaap:RetainedEarningsMember 2021-12-31 0000932781 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000932781 2021-12-31 0000932781 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0000932781 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000932781 fcco:NonvestedRestrictedStockMember 2022-01-01 2022-12-31 0000932781 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000932781 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0000932781 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000932781 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0000932781 fcco:NonvestedRestrictedStockMember 2023-01-01 2023-12-31 0000932781 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000932781 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0000932781 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0000932781 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-31 0000932781 fcco:NonvestedRestrictedStockMember 2024-01-01 2024-12-31 0000932781 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0000932781 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-12-31 0000932781 us-gaap:CommonStockMember 2022-12-31 0000932781 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000932781 fcco:NonvestedRestrictedStockMember 2022-12-31 0000932781 us-gaap:RetainedEarningsMember 2022-12-31 0000932781 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000932781 2022-12-31 0000932781 us-gaap:CommonStockMember 2023-12-31 0000932781 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000932781 fcco:NonvestedRestrictedStockMember 2023-12-31 0000932781 us-gaap:RetainedEarningsMember 2023-12-31 0000932781 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000932781 us-gaap:CommonStockMember 2024-12-31 0000932781 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000932781 fcco:NonvestedRestrictedStockMember 2024-12-31 0000932781 us-gaap:RetainedEarningsMember 2024-12-31 0000932781 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0000932781 us-gaap:BuildingMember 2024-12-31 0000932781 us-gaap:FurnitureAndFixturesMember 2024-12-31 0000932781 us-gaap:AccountingStandardsUpdate201613Member srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember 2023-01-01 0000932781 us-gaap:AccountingStandardsUpdate201613Member srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2023-12-31 0000932781 us-gaap:AccountingStandardsUpdate201613Member 2023-12-31 0000932781 us-gaap:AccountingStandardsUpdate201613Member srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2023-01-01 0000932781 us-gaap:AccountingStandardsUpdate201613Member srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-

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