First Community Corp (FCCO) Declares $0.07 Quarterly Dividend; 2.4% Yield

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First Community Corporation Announces First Quarter Results and Cash Dividend

April 22, 2015 9:02 AM EDT

LEXINGTON, S.C., April 22, 2015 /PRNewswire/ --

Highlights

Earnings of $1.40 million, a 62.9% increase in net income year-over-year EPS of $0.21 per common share, a 50% increase year-over-year Loan growth of $10.5 million, a 9.5% annualized rate of increase Pure deposit growth of $28.0 million, a 22.2% annualized rate of increase Total assets of $835.8 million, an increase of 4.8% year-over-year Year-over-year increases in fees from mortgage and financial planning business units of 18.6% and 15.1%, respectively Regulatory capital ratios remain strong at 10.26% (Tier 1 Leverage) and 16.77% (Total Capital) along with Tangible Common Equity / Tangible Assets... More