First Community Corp. (FCCO) Declares $0.15 Quarterly Dividend; 3.1% Yield

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First Community Corporation Announces Second Quarter Results and Increased Cash Dividend

July 17, 2024 9:00 AM EDT

Highlights for Second Quarter of 2024

Net income of $3.265 million during the second quarter of 2024, an increase of 25.7% on a linked quarter basis, and $5.862 million through June 30, 2024.Diluted EPS of $0.42 per common share for the second quarter of 2024 and $0.76 through June 30, 2024, an increase of 23.5% on a linked quarter basis.Net interest margin on a tax equivalent basis of 2.93% with margin expansion of 14 basis points during the second quarter of 2024 compared to the first quarter of 2024.Total loans increased by... More