Business Context and Reporting Period
This Form 8-K filing by First Community Corporation covers the date of October 1, 2012. The report details a specific corporate event regarding the company's wholly owned subsidiary, First Community Bank, N.A.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a regulatory charter change and does not contain financial performance data.
Material Changes
Effective October 1, 2012, First Community Bank, N.A. converted from a national bank charter to a South Carolina state bank charter. Concurrently, the subsidiary changed its name from First Community Bank, N.A. to First Community Bank.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items beyond the charter conversion event.
Investor Verification Checklist
- Confirm the effective date of the charter conversion (October 1, 2012).
- Verify the new legal name of the subsidiary (First Community Bank).
- Review the regulatory implications of converting from a national to a state bank charter in South Carolina.
- Check subsequent filings for any financial impact resulting from this structural change.