First Community Q4 2023 Earnings Report

First Community EPS Results

• Actual EPS: $0.43
• Consensus EPS: $0.37
• Beat/Miss: Beat by +$0.06
• One Year Ago EPS: $0.53

First Community Revenue Results

• Actual Revenue: $23.51 million
• Expected Revenue: $14.93 million
• Beat/Miss: Beat by +$8.58 million
• YoY Revenue Growth: N/A

First Community Announcement Details

• Quarter: Q4 2023
• Date: 1/24/2024
• Time: Before Market Opens
• Conference Call Date: Wednesday, January 24, 2024
• Conference Call Time: 9:00AM ET

First Community (NASDAQ:FCCO) operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. Its deposit products include checking, NOW, savings, and individual retirement accounts; and demand deposits, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises commercial loans that include secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. It also provides online banking, internet banking, cash management, safe deposit boxes, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, the company offers non-deposit investment products and other investment brokerage services; VISA and MasterCard credit card services; investment advisory services; and insurance services. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina.