FIRST COMMUNITY CORP current report, Q1 FY2011

Business Context and Reporting Period

Company: First Community Corporation (holding company for First Community Bank)
Filing Type: Form 8-K (Current Report)
Report Date: January 19, 2011
Reporting Period: Year ended December 31, 2010

Key Financial Metrics

The filing references a press release (Exhibit 99.1) containing financial results for the period ended December 31, 2010. However, the text of this 8-K filing does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The filing text does not provide a clear value for these metrics.

Material Changes and Corporate Actions

  • Dividend Declaration: The Board of Directors approved a cash dividend for the fourth quarter of 2010.
  • Dividend Amount: $0.04 per share of common stock.
  • Payment Date: February 15, 2011.
  • Record Date: February 1, 2011.

Guidance, Outlook, and Risks

The filing does not contain management commentary, forward-looking guidance, specific risk factors, or details on contingencies beyond the announcement of the dividend and the reference to the earnings press release.

Investor Verification Checklist

  • Review Exhibit 99.1 (Earnings Press Release) for specific revenue, net income, and balance sheet figures for the year ended December 31, 2010.
  • Confirm the record date (February 1, 2011) to ensure eligibility for the $0.04 per share dividend.
  • Verify the payment date of February 15, 2011, for cash flow planning.