First community corp /sc/ (FCCO)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income

1,794

2,697

2,898

2,881

2,495

2,686

2,833

3,001

2,709

502

1,893

1,664

1,756

1,792

1,677

1,745

1,468

1,601

1,679

1,443

1,404

1,506

1,552

1,201

862

850

1,046

1,203

1,038

1,021

1,220

928

799

1,071

957

726

570

Adjustments to reconcile net income to net cash provided in operating activities:
Depreciation

403

598

351

256

393

389

380

376

374

373

348

370

357

339

337

332

325

321

319

316

297

291

295

284

248

204

210

225

220

223

222

214

203

207

209

209

216

Net premium amortization

-521

-552

-587

-532

-539

-574

-580

-566

-727

-821

-770

-808

-871

-996

-1,091

-977

-976

-1,121

-1,084

-1,073

-936

-937

-873

-1,033

-774

-811

-1,031

-1,228

-980

-1,016

-798

-718

-580

-599

-495

-393

-481

Provision for loan losses

1,075

0

25

9

105

94

21

29

202

170

166

78

116

238

179

217

140

148

193

391

406

178

152

400

150

149

129

100

150

80

115

71

230

310

360

390

360

Write-down of other real estate owned

-

-

-

-

-

-

-

-

-

22

0

6

11

0

66

5

5

18

39

72

90

15

36

28

82

46

20

0

21

51

60

182

24

18

41

201

1

Gain (loss) on sale of other assets

-

-

-

-

-

16

-29

22

15

107

40

68

20

3

45

-84

3

-16

19

1

4

-9

10

-24

12

-13

-23

32

-2

-81

-22

-36

50

-46

-18

-44

-47

Originations of HFS loans

34,427

41,762

36,520

36,013

25,345

25,834

32,384

30,007

26,734

23,860

27,815

33,363

19,162

25,320

25,772

27,213

18,184

21,928

26,235

30,080

23,701

21,703

25,968

22,002

18,191

23,101

27,447

36,797

36,059

38,308

44,093

28,293

23,581

-

-

-

-

Sales of HFS loans

33,645

41,382

34,475

34,582

21,269

28,139

33,824

30,586

24,280

24,785

28,388

30,963

20,678

23,864

29,227

22,052

18,601

22,535

29,328

28,864

22,379

20,982

25,555

22,849

18,144

21,840

30,707

35,246

41,479

37,335

39,765

27,799

23,443

-

-

-

-

Amortization of intangibles

105

126

133

132

132

136

142

143

142

120

74

74

75

75

80

80

83

88

98

98

103

111

64

63

42

32

32

45

51

51

51

51

51

51

156

155

155

Gain (loss) on sale of securities

-

-

-

-

-

-332

0

94

-104

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion on acquired loans

106

90

130

129

143

332

17

194

77

124

50

18

70

76

63

506

235

225

102

98

509

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other-than-temporary-impairment charges on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

200

243

50

0

4

Net decrease in fair value option instruments and derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

-4

-33

-

-60

-129

4

Writedown of land held for sale

-

-

-

-

-

-

0

0

42

-

0

0

90

0

25

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion on acquired loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

102

114

-114

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sale of securities

-

-

-

-

-

-

-

-

-

-

-

172

54

-

478

64

59

626

-542

167

104

80

16

78

8

-79

4

133

15

88

-35

-38

11

301

133

7

134

Loss on sale of securities

-

-

-

-

29

-

-

-

-

-1

-165

-223

-58

0

-459

0

0

-96

0

0

-103

-284

0

-67

0

-

-

-

-

-96

0

0

-121

-

-

-

-

Gain on sale of fixed assets

-

-

-

-

-

0

0

0

-123

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other assets

80

2,140

-4,396

4,212

3,273

77

-83

-494

59

-2,453

1,644

82

-5,768

5,747

-185

-163

5

369

-207

363

-1,461

493

-108

-101

-1,088

1,271

-2,619

491

556

-632

-411

-815

-402

1,734

92

358

-970

(Decrease) Increase in other liabilities

-363

-

-

-

1,634

-

-

-

-

-

865

725

-1,512

-

421

13

-290

-

1,067

491

-1,711

-

-

-

-

-

-

-

-

-

14

400

-943

-

817

922

-1,447

Increase in accounts payable

-

-

-

-

-

1,550

431

388

-272

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,094

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used) provided from operating activities

2,567

2,176

7,081

-2,101

-2,165

7,689

5,922

5,266

1,300

5,185

2,996

1,208

8,962

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,304

252

-1,015

-

-

-

-

-

-

-

-

Net cash provided in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,391

-2,117

2,822

-

7,678

2,139

1,150

2,789

2,692

4,555

1,971

-1,800

8,685

1,971

7,408

2,928

-1,360

2,963

1,501

-488

3,012

2,804

1,219

Cash flows from investing activities:
Purchase of investment securities available-for-sale

11,882

0

-6,721

45,700

5,419

24,353

62

14,279

5,605

12,501

2,297

8,156

2,414

0

19,089

2,647

11,479

9,038

0

10,106

6,955

5,418

7,204

15,469

20,916

-

-

-

-

6,251

465

44,836

4,239

-

-

-

25,965

Purchase of investment securities available-for-sale

-

-

-

-

-

16,478

9,802

27,361

10,505

15,276

1,473

12,144

1,733

2,300

33,054

10,643

20,362

29,776

12,100

15,905

5,436

23,742

29,002

19,085

34,235

13,936

22,217

27,016

31,739

14,050

25,811

55,362

8,022

11,576

23,997

30,283

37,184

Purchase of investment securities held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

814

0

3,923

2,142

9,314

1,352

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of other investment securities

-70

-

-

-

-207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturity/call of investment securities available-for-sale

13,606

7,971

17,394

6,836

7,969

7,861

11,628

9,618

12,457

9,691

9,133

7,949

8,679

11,481

9,650

8,289

8,614

9,164

9,343

9,484

9,643

8,826

9,342

9,085

9,875

8,873

12,466

14,350

13,837

14,127

11,574

9,121

8,322

11,522

11,494

7,589

9,836

Proceeds from sale of securities available-for-sale

-

-

-

-

7,137

0

0

52

603

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of other securities

-

-

-

-

-

-

-

-

-

-107

43

0

314

0

486

0

0

117

340

489

304

158

252

261

0

0

0

-1,700

1,957

-

-

-

-

-

-

-

-

(Increase) decrease in loans

12,495

1,897

8,271

8,203

-152

21,663

12,406

15,450

21,747

18,157

15,069

-1,878

8,596

23,404

12,235

17,149

4,668

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash received in business combination

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

1

0

11,353

-

-

-

-

-

-

-

-

-

-

-

-

Net cash disbursed in business combination

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Increase in loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,915

20,039

10,382

-

-3,917

1,713

-9,571

2,841

5,196

7,579

1,969

9,614

-115

-5,564

7,377

-4,776

3,594

-5,146

6,087

Proceeds from sale of other real estate owned

-

-

-

-

-

429

187

118

62

154

144

381

5

184

240

376

981

35

91

203

185

80

952

78

712

208

262

541

673

2,241

357

723

2,407

879

733

1,184

224

Proceeds from sale of fixed assets

-

0

0

0

301

2

0

0

1,143

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property and equipment

214

402

437

776

1,178

971

173

172

149

397

1,156

140

1,379

221

158

278

580

170

682

650

1,170

469

401

1,738

607

2,624

240

283

159

354

67

301

84

97

92

62

57

Net cash (used) provided in investing activities

-11,055

-25,412

-22,455

-10,084

8,755

-6,297

-10,673

-18,313

-12,531

9,294

-6,081

6,080

-296

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,981

-16,758

-4,536

-

-12,923

-20,235

-2,043

-14,648

-17,794

2,357

-5,121

-3,742

-12,134

-18,172

-17,400

614

-13,096

5,518

-515

13,716

-4,481

-5,565

-7,303

Cash flows from financing activities:
Decrease in deposit accounts

-1,555

39,378

11,444

17,629

-5,735

3,818

-11,626

13,496

31,602

-8,341

-3,044

-2,486

9,003

692

36,239

7,387

6,085

11,781

20,339

-10,503

25,035

-17,333

6,671

-14,351

43,232

-11,521

-1,027

12,596

22,046

513

445

-2,854

12,288

-8,573

2,242

4,935

10,638

Increase in securities sold under agreements to repurchase

12,745

-1,025

432

1,882

3,985

-5,204

5,023

6,244

2,689

952

150

-2,069

-139

-2,705

1,120

415

-336

1,125

448

2,776

-699

-267

1,276

-3,118

858

1,558

1,426

-1,566

1,316

248

2,835

-662

-137

-3,312

1,376

1,209

1,656

Advances from the Federal Home Loan Bank

10,001

17,000

0

9,000

56,000

-

-

-

-

0

4,000

8,000

14,000

3,000

20,093

20,000

30,500

0

3,000

21,000

8,500

0

0

18,100

20,000

9,000

0

8,000

8,500

0

0

0

1,500

-

-

-

-

Repayment of advances from Federal Home Loan Bank

10,212

17,005

5

11,005

54,005

79,005

4

5

14,005

3,005

4,915

5,790

22,563

5

31,994

12,005

30,861

2,981

11,004

13,005

9,858

3,788

5,605

14,571

37,710

5

5

10,145

8,505

2,243

5

361

6,626

10,976

7,079

10,612

3,254

Shares forfeited

-

-

-

-

-

-

-

-

-

-

0

0

-20

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted stock shares surrendered

-

-

-

-

-

-

-

-

-57

-20

0

0

-388

0

0

0

-353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of restricted stock

-15

-

-

-

-156

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares retired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid on Common Stock

891

794

831

841

840

760

760

756

757

675

601

600

597

531

530

979

77

462

458

456

457

390

781

0

313

313

313

260

259

208

133

133

131

132

131

131

131

Issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

0

0

20

Proceeds from issuance of Common Stock

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividend reinvestment plan

95

216

170

84

100

87

94

99

82

93

96

87

96

75

62

680

-527

76

55

47

51

41

44

43

45

39

31

24

25

25

24

22

22

114

20

26

22

Preferred Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

138

168

169

244

91

168

167

Net cash provided from financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,990

15,344

4,599

-

12,380

-239

22,572

-21,737

41,478

-14,288

26,112

-1,242

112

8,649

23,123

-5,213

6,285

-4,156

6,747

-14,723

-2,163

-4,741

8,744

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,400

-3,531

2,885

-

7,135

-18,335

21,679

-33,596

26,376

-7,376

22,962

-

-

-

-

-1,671

-8,171

4,325

7,733

-1,495

-3,632

-7,502

2,660

Net cash provided (used) from financing activities

10,172

37,693

8,986

13,601

-651

-6,064

-3,254

19,078

19,554

-10,976

-4,314

-2,858

-608

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

1,684

14,457

-6,388

1,416

5,939

-4,672

-8,005

6,031

8,323

3,503

-7,399

4,430

8,058

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,337

-7,552

13,131

-

-

-

-

-

-

-

-

Supplemental disclosure:
Cash paid during the period for:
Interest

1,462

1,170

1,343

1,665

1,293

965

950

880

797

634

712

745

705

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

781

832

782

-

812

889

865

871

846

1,029

791

857

898

1,094

1,220

1,378

1,294

1,530

1,821

1,739

1,802

1,805

2,360

Income taxes

-

-

-

-

-

-

-

-

-

800

0

820

275

0

695

600

50

0

760

525

935

240

650

210

0

0

0

210

0

-

-

-

-

-

-

-

-

Non-cash investing and financing activities:
Unrealized (loss) gain on securities available-for-sale, net of tax

5,871

-2,229

1,560

2,576

2,917

2,242

-1,054

-886

-2,192

-248

99

728

363

-3,776

-1,304

1,216

1,797

-794

672

-1,212

893

662

219

1,227

1,690

-849

-798

-3,492

254

69

814

-717

863

286

1,953

716

615

Recognition of operating lease right of use asset

-

0

414

0

2,846

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recognition of operating lease liability

-

0

442

0

2,849

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of investment securities held-to-maturity to available-for-sale

-

0

0

0

16,144

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of loans to foreclosed property

78

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of loans to foreclosed property

-

-

-

-

-

-

-

-

-

-

0

0

26

129

103

336

11

47

71

47

75

-7

733

282

559

25

1,089

0

46

790

1,076

491

413

195

39

2,387

1,268

Fair value of tangible assets acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

151,024

-

-

-

0

-

-

-

-

-

-

-

-

Other intangible assets acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,182

-

-

-

0

-

-

-

-

-

-

-

-

Liabilities assumed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

123,198

-

-

-

0

-

-

-

-

-

-

-

-

Net identifiable assets acquired over liabilities assumed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,008

-

-

-

0

-

-

-

-

-

-

-

-

Common stock issued in acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,710

-

-

-

0

-

-

-

-

-

-

-

-