First Community Corp. (FCCO) Misses Q2 EPS by 3c

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Go back to First Community Corp. (FCCO) Misses Q2 EPS by 3c

First Community Corporation Announces Second Quarter Results and Cash Dividend

July 20, 2022 9:00 AM EDT

Highlights for Second Quarter of 2022

Net income of $3.1 million.Diluted EPS of $0.41 per common share for the quarter and $0.87 year-to-date through June 30, 2022.Total loans increased during the second quarter by $40.5 million, an annualized growth rate of 18.6% on a linked quarter basis. Pure (non-CD) deposit growth, including customer cash management accounts, of $46.2 million, an annualized growth rate of 13.4% on a linked quarter basis.Investment advisory line of business revenue of $1.2 million.Cash dividend of $0.13 per common share, which is the 82nd consecutive quarter of cash dividends paid to common... More