FCCO

Business Context and Reporting Period

Company: First Community Corporation (FCC), holding company for First Community Bank.
Filing Type: Form 8-K (Current Report)
Date of Report: July 23, 2025
Reporting Period: Second quarter ended June 30, 2025.
Primary Event: Announcement of financial results and approval of a quarterly cash dividend.

Key Financial Metrics

Dividend Declaration: The Board of Directors approved a cash dividend of $0.16 per share for the second quarter of 2025.
Payment Details: Payable on August 19, 2025, to shareholders of record as of August 5, 2025.
Other Metrics: The filing text does not provide specific values for revenue, net income, cash flow, margins, debt levels, or liquidity ratios. These figures are referenced as being contained in the attached press release (Exhibit 99.1) but are not detailed within the 8-K body text.

Material Changes

The filing does not explicitly detail quantitative material changes in financial performance compared to the prior period. The primary material event disclosed is the declaration of the $0.16 per share dividend.

Guidance, Outlook, and Risks

Forward-Looking Statements: The company includes standard disclaimers regarding future plans and expectations, noting that actual results may differ materially due to various risks.
Identified Risks:

• Competitive pressures affecting pricing and revenues.
• Economic conditions in the U.S. and local markets.
• Credit risk factors including delinquencies, charge-offs, and asset quality.
• Changes in legislation, regulation, and FDIC assessments.
• Adverse conditions in capital markets and interest rate fluctuations.
• Technology and cybersecurity risks.
• Elevated inflation and macroeconomic instability (e.g., trade disputes, pandemics, war).

Outlook: No specific quantitative guidance or earnings outlook is provided in this filing.

Investor Verification Checklist

• Review the attached Earnings Press Release (Exhibit 99.1) for specific revenue, profit, and balance sheet figures for the quarter ended June 30, 2025.
• Confirm the record date (August 5, 2025) and payment date (August 19, 2025) for the $0.16 dividend.
• Assess the impact of the disclosed risks, particularly interest rate changes and credit quality, on future earnings.
• Verify the company's liquidity position and capital adequacy in the full quarterly report.