| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 0.24 | 9.1% | 4.3% |
| Total Income | 0.24 | 9.1% | 4.3% |
| Expenditure | -6.35 | 1.7% | 32.9% |
| PBT | 6.59 | 1.4% | 31.5% |
| Net Profit | 5.19 | 0.0% | 34.5% |
| OPM | — | ||
| NPM | 100.00% | 0.00pp | 0.00pp |
| EPS | 0.68 | 0.0% | 33.3% |
First Community Corp Reports Q3 2025 Net Income $5.192 Million, Up 34.5% YOY
04 May 2026 · 4 May, 8:57 am
Summary
First Community Corporation reported a net income of $5.192 million for the third quarter of 2025, a 34.5% increase year-over-year. Diluted earnings per common share were $0.67, up 34.0% compared to the same quarter last year. For the first nine months of 2025, net income increased by 47.8% to $14.375 million, and diluted EPS rose by 46.8% to $1.85. The company's net interest margin expanded by six basis points to 3.27%, marking the sixth consecutive quarter of margin expansion.
Key Highlights
- 1
First Community Corporation reported net income of $5.192 million during the third quarter of 2025, an increase of 34.5% year-over-year.
- 2
Diluted EPS was $0.67 per common share for the third quarter of 2025, up 34.0% year-over-year.
- 3
Net income for the nine months ended September 30, 2025, reached $14.375 million, a 47.8% increase over the same period in 2024.
- 4
Diluted EPS for the nine months ended September 30, 2025, was $1.85 per common share, reflecting a 46.8% increase year-over-year.
- 5
The net interest margin on a tax equivalent basis was 3.27% in Q3 2025, with a margin expansion of six basis points.
- 6
Total loans increased by $19.3 million during the third quarter of 2025, representing a 6.1% annualized growth rate.
- 7
Total deposits increased by $17.1 million during the third quarter of 2025, an annualized growth rate of 3.9%.
Management Comments
Mike Crapps
Our entire board is pleased that our performance enables the company to continue its cash dividend for the 95th consecutive quarter. This approved share repurchase provides us with some flexibility in managing capital going forward.
Ted Nissen
A strength of our bank has been and continues to be the value of our deposit franchise. In the third quarter of the year, total deposits grew by $17.1 million with pure deposits growing $24.9 million. This shift toward pure deposits reflects a stronger focus on relationship-based accounts rather than more price-sensitive certificates of deposit.
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