Business Context and Reporting Period
Company: First Community Corporation (holding company for First Community Bank)
Filing Type: Form 8-K (Current Report)
Date of Report: April 24, 2003
Reporting Period: First quarter ended March 31, 2003
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. This 8-K serves as a notification that financial results were announced via a press release (Exhibit 99.1) rather than containing the detailed financial data itself.
Material Changes
The filing does not detail specific material changes or comparative financial data versus prior periods. It references the issuance of a press release containing the first-quarter results.
Guidance, Outlook, and Risks
Management Commentary: The company issued a press release on April 24, 2003, announcing its financial results for the quarter ended March 31, 2003.
Regulatory Context: The company utilized Item 9 (Regulation FD Disclosure) to furnish the information required by Item 12 (Results of Operations and Financial Condition) pursuant to interim SEC guidance.
Risks and Contingencies: No specific risks or contingencies are detailed in the body of this filing.
Investor Verification Checklist
- Review Exhibit 99.1 (Earnings Press Release) for specific revenue, net income, and earnings per share figures.
- Verify the company's liquidity position and loan portfolio quality in the attached press release.
- Compare the Q1 2003 results against Q1 2002 figures provided in the press release to assess year-over-year performance.
- Check for any forward-looking statements or guidance included in the press release regarding the remainder of 2003.