First community corp /sc/ (FCCO)
Income statement / 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'11Sep'10Jun'10
Interest income:
Loans, including fees

8,827

8,955

9,091

8,792

8,609

8,815

8,277

8,080

7,617

7,129

6,438

6,241

6,326

6,095

5,977

5,924

5,681

5,846

5,795

5,704

5,874

5,638

5,615

5,582

5,080

4,379

4,379

4,462

4,361

4,557

4,548

4,629

4,627

4,734

4,747

4,821

4,808

4,946

4,975

Investment securities - taxable

1,437

1,431

1,259

1,364

1,217

1,132

1,250

1,188

1,185

1,077

989

990

945

916

944

1,011

948

859

860

909

1,002

1,050

987

966

983

950

784

632

680

638

853

1,026

1,315

1,488

1,600

1,611

1,592

1,755

1,861

Investment securities - non taxable

289

281

350

295

439

535

333

441

458

463

453

469

473

477

445

498

485

465

430

406

380

358

339

277

317

310

294

259

227

250

226

163

86

0

18

14

19

91

6

Federal funds sold and securities purchased under resale agreements

-

-

158

149

-

-

120

104

66

-

41

17

19

-

-

18

14

-

8

8

6

-

8

7

10

-

9

9

6

-

13

11

6

-

7

10

11

17

17

Other short term investments

152

432

6

6

103

402

5

6

5

146

0

7

10

54

34

8

9

55

21

22

21

57

19

17

13

41

8

8

9

53

10

11

10

44

10

10

10

9

10

Other

5

-

-

-

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total interest income

10,710

10,786

10,864

10,606

10,374

10,594

9,985

9,819

9,331

8,738

7,921

7,724

7,773

7,510

7,400

7,459

7,137

7,203

7,114

7,049

7,283

7,078

6,968

6,849

6,403

5,656

5,474

5,370

5,283

5,468

5,650

5,840

6,044

6,238

6,382

6,466

6,440

6,818

6,869

Interest expense:
Deposits

1,019

1,157

1,219

1,181

1,001

904

816

638

547

484

459

440

442

460

465

445

448

446

443

435

426

438

415

428

429

398

425

457

513

649

738

808

927

1,016

1,114

1,185

1,258

1,555

1,634

Securities sold under agreement to repurchase

104

83

102

109

92

96

96

60

41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold and securities sold under agreement to repurchase

-

-

-

-

-

-

-

-

-

-

24

12

10

-

12

10

10

11

11

7

8

9

9

9

10

10

9

9

9

9

8

9

9

11

11

10

8

13

15

Other borrowed money

170

186

190

200

261

202

190

182

209

170

211

223

260

246

272

327

342

398

407

403

401

440

448

465

468

471

470

481

482

525

575

572

599

595

629

652

720

767

755

Total interest expense

1,293

1,426

1,511

1,490

1,354

1,202

1,102

880

797

681

694

675

712

716

749

782

800

855

861

845

835

887

872

902

907

879

904

947

1,004

1,183

1,321

1,389

1,535

1,622

1,754

1,847

1,986

2,335

2,404

Net interest income

9,417

9,360

9,353

9,116

9,020

9,392

8,883

8,939

8,534

8,057

7,227

7,049

7,061

6,794

6,651

6,677

6,337

6,348

6,253

6,204

6,448

6,191

6,096

5,947

5,496

4,777

4,570

4,423

4,279

4,285

4,329

4,451

4,509

4,616

4,628

4,619

4,454

4,483

4,465

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

235

580

Net interest income after provision for loan losses

8,342

9,360

9,328

9,107

8,915

9,298

8,862

8,910

8,332

7,887

7,061

6,971

6,945

6,556

6,472

6,460

6,197

6,200

6,060

5,813

6,042

6,013

5,944

5,547

5,346

4,628

4,441

4,323

4,129

4,205

4,214

4,380

4,279

4,306

4,268

4,229

4,094

4,248

3,885

Non-interest income:
Deposit service charges

399

437

421

380

411

449

434

423

463

-

379

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage banking income

982

1,222

1,251

1,238

844

769

1,159

1,016

951

-

1,032

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit service charges

-

-

-

-

-

-

-

-

-

-

-

348

320

-

377

340

347

386

390

346

347

372

400

379

366

392

387

367

361

403

395

375

389

434

440

478

458

459

478

Mortgage banking income

-

-

-

-

-

-

-

-

-

-

-

1,248

670

-

937

913

665

753

964

980

735

849

1,016

702

619

799

770

1,183

1,015

1,249

1,393

877

723

821

698

263

191

342

225

Investment advisory fees and non-deposit commissions

634

585

509

489

438

476

423

401

383

383

336

314

258

264

283

297

291

294

290

407

296

546

267

198

257

277

279

218

198

159

183

162

147

236

218

138

175

82

160

Loss on sale of securities

-

1

-1

165

-29

-332

0

94

-104

-

124

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of other assets

6

-

-

-3

-

16

-29

22

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on sale of securities

-

-

-

-

-

-

-

-

-

-

-

172

54

-

478

64

59

84

0

167

104

80

16

78

8

-79

4

133

15

88

-35

-38

11

301

133

7

134

218

104

Gain on sale of other assets

-

-

-

-

-

-

-

-

-

-

40

68

20

3

45

-84

3

-14

17

1

4

-9

10

-24

12

-8

-23

32

-2

-81

-22

-36

50

-46

-18

-44

-47

-10

31

Other-than-temporary-impairment write-down on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

200

243

50

0

4

440

216

Fair value loss adjustments on interest rate swap

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

-20

-4

-33

-

-60

-129

-

-

-

Fair value adjustment gains (losses)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

-201

-247

Loss on early extinguishment of debt

-

-

-

-

-

-

-

-

-

-1

-165

-223

-58

0

-459

0

0

-96

0

0

-103

-284

0

-67

0

-

-

-141

-

-96

0

0

-121

-

-74

-

-

-

-

Other

907

966

932

917

845

882

855

955

923

789

676

717

714

725

726

734

724

684

668

664

598

585

591

633

613

492

524

503

496

514

508

519

497

544

401

505

516

472

445

Total non-interest income

2,928

2,928

3,113

3,186

2,509

2,260

2,842

2,911

2,631

2,595

2,422

2,644

1,978

2,200

2,387

2,264

2,089

2,091

2,329

2,565

1,981

2,139

2,300

1,899

1,875

1,872

1,941

2,295

2,083

2,235

2,402

1,855

1,463

1,952

1,688

1,218

1,427

922

980

Non-interest expense:
Salaries and employee benefits

5,653

5,416

5,465

5,210

5,170

4,978

5,079

4,881

4,577

4,482

4,122

4,261

4,086

3,851

3,888

3,833

3,751

3,610

3,595

3,658

3,565

3,545

3,502

3,272

3,424

3,079

2,948

2,994

2,992

2,973

2,874

2,747

2,558

2,518

2,493

2,196

2,313

2,305

2,178

Occupancy

643

691

703

647

655

572

611

583

614

568

532

539

527

566

531

511

559

578

513

500

485

515

489

465

413

361

343

334

346

326

352

335

345

336

336

308

309

312

292

Equipment

318

353

365

389

386

346

388

398

381

423

396

506

446

420

442

437

429

416

437

394

402

377

414

375

339

299

310

314

283

291

307

283

287

289

287

290

281

290

295

Marketing and public relations

354

350

159

430

175

459

177

194

89

286

96

298

221

336

240

195

94

165

129

328

226

147

218

212

161

230

106

112

93

111

73

108

186

91

64

126

171

105

105

FDIC insurance assessments

42

-78

-10

71

74

117

94

83

81

78

78

78

78

76

60

138

138

138

113

138

138

128

138

131

124

108

108

102

99

100

117

196

184

208

176

250

255

323

209

Other real estate expense

35

3

31

18

29

12

37

31

18

-72

19

29

27

14

115

21

51

90

126

154

154

193

105

117

138

92

189

115

112

426

173

267

144

202

134

158

346

243

103

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

155

155

Merger expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger expenses

-

-

-

-

-

-

-

-

-

-

228

98

-

-

-

-

-

-

-

-

-

29

39

15

420

506

33

0

0

-

-

-

-

-

-

-

-

-

-

Other

1,888

2,013

1,934

1,743

1,702

1,550

1,606

1,912

1,692

1,870

1,349

1,487

1,260

1,180

1,227

1,118

1,237

1,037

1,056

1,119

1,027

1,044

1,091

1,135

965

996

888

939

831

824

876

921

857

998

912

944

893

911

919

Total non-interest expense

9,038

8,864

8,790

8,640

8,323

8,170

8,134

8,225

7,594

8,374

6,894

7,370

6,720

6,518

6,583

6,333

6,342

6,122

6,067

6,389

6,100

6,089

6,060

5,785

6,026

5,703

4,957

4,955

4,807

5,102

4,823

4,908

4,612

4,693

4,558

4,427

4,723

4,644

4,256

Net income before tax

2,232

3,424

3,651

3,653

3,101

3,388

3,570

3,596

3,369

2,108

2,589

2,245

2,203

2,238

2,276

2,391

1,944

2,169

2,322

1,989

1,923

2,063

2,184

1,661

1,195

797

1,425

1,663

1,405

1,338

1,793

1,327

1,130

1,565

1,398

1,020

798

526

609

Income tax expense

438

727

753

772

606

702

737

595

660

1,606

696

581

447

446

599

646

476

1,854

-643

546

519

557

632

460

333

-53

379

460

367

317

573

399

331

494

441

294

228

132

134

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

394

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

475

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

119

220

168

169

168

167

168

167

166

166

Preferred stock redemption costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

119

-

-

-

-

-

-

-

-

Net income available to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,021

881

760

630

903

790

558

403

228

309

Basic earnings per common share (in dollars per share)

0.24

0.36

0.39

0.38

0.33

0.35

0.37

0.40

0.36

0.05

0.28

0.25

0.27

0.26

0.26

0.27

0.22

0.23

0.26

0.22

0.22

0.23

0.23

0.18

0.14

0.15

0.20

0.23

0.20

0.18

0.19

0.23

0.19

0.28

0.24

0.17

0.12

0.07

0.10

Diluted earnings per common share (in dollars per share)

0.24

0.37

0.39

0.37

0.32

0.34

0.37

0.39

0.35

0.05

0.28

0.24

0.26

0.25

0.25

0.26

0.22

0.23

0.25

0.22

0.21

0.23

0.23

0.18

0.14

0.15

0.20

0.23

0.20

0.18

0.19

0.23

0.19

0.28

0.24

0.17

0.12

0.07

0.10