First Community Corp. (FCCO) Reports In-Line Q2 EPS

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First Community Corporation Announces Second Quarter Results and Cash Dividend

July 22, 2015 9:01 AM EDT

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

Highlights

Earnings of $1.443 million in the second quarter of 2015, a 20.1% increase in net income year-over-year EPS of $.22 per common share in the second quarter of 2015, a 22.2% increase year-over-year Net loan growth of $19.7 million in the second quarter of 2015, a 17.4% annualized growth rate and year-to-date net loan growth of $30.2 million, an annualized growth rate of 13.6%. Pure deposit growth (including customer cash management accounts) of $24.3 million year-to-date, a 9.31% annualized growth rate Year-over-year increases in revenues from mortgage and financial planning business... More