First Community Corp. (FCCO) Declares $0.09 Quarterly Dividend; 1.8% Yield

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First Community Corporation Announces Second Quarter Results and Cash Dividend

July 19, 2017 9:00 AM EDT

LEXINGTON, S.C., July 19, 2017 /PRNewswire/ --

Highlights for Second Quarter of 2017

Earnings of $1.664 million. Diluted EPS of $0.24 per common share. Conversion and merger expenses of $399 thousand or $0.04 per common share. Total revenue of $9.7 million, an increase of 7.2% on a linked quarter basis. Strong financial performance in mortgage and financial planning lines of business.  Revenues from mortgage unit increased by 88.2% on a linked quarter basis and 38.1% year-over-year.  Revenues from financial planning unit increased by 21.7% on a linked quarter basis and 5.7% year-over-year. Stellar credit quality with non-performing... More