First Community Corp. (FCCO) Reports In-Line Q1 EPS

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Go back to First Community Corp. (FCCO) Reports In-Line Q1 EPS

First Community Corporation Announces First Quarter Results and Cash Dividend

April 20, 2016 9:00 AM EDT

LEXINGTON, S.C., April 20, 2016 /PRNewswire/ -- 

Highlights

Net income of $1.47 million, a 4.6% increase in net income year-over-year Diluted EPS of $0.22 per common share, a 4.8% increase year-over-year Loan growth of $4.8 million, a 4.0% annualized rate of increase Loan production of $26.4 million during the quarter Pure deposit growth (including customer cash management accounts) of $9.6 million, a 6.5% annualized rate of increase Total assets of $870.4 million, an increase of 4.1% year-over-year Regulatory capital ratios remain strong at 10.23% (Tier 1 Leverage) and 16.24% (Total Capital) along with Tangible Common Equity / Tangible Assets (TCE/TA) ratio of... More