FIRST COMMUNITY CORP /SC/

First Community Corporation furnished investor presentation materials for meetings with investors on June 1-2, 2026. The presentation highlights the company's 1Q26 performance and provides details on the recently completed acquisition of Signature Bank of Georgia. Key financial metrics for 1Q26 include $2.4 billion in total assets, 13.1% annualized loan growth, and a net interest margin of 3.32%. The acquisition expanded First Community's presence into the Atlanta MSA and added Government Guaranteed Lending/SBA lines of business.

First Community Corporation reported a significant increase in net income and EPS for Q1 2026, alongside the completion of its all-stock acquisition of Signature Bank of Georgia on January 8, 2026. The acquisition involved issuing 1.66 million common shares for approximately $49.7 million in total consideration. The company also disclosed corrections to the preliminary purchase accounting for the acquisition, which adjusted goodwill and other intangible assets but did not materially impact total assets, liabilities, equity, or net income.

First Community Corporation announced that its Board of Directors approved a share repurchase plan, authorizing the company to buy back up to $7.5 million of its common stock. This amount represents approximately 3.4% of the company's total shareholders' equity as of March 31, 2026. The repurchases may occur through open market or privately negotiated transactions until May 5, 2027, with management having discretion over the execution.

First Community Corporation announced that its Board of Directors has approved a cash dividend for the first quarter of 2026. The company will pay $0.16 per share to holders of its common stock. This dividend is scheduled to be paid on May 19, 2026, to shareholders of record as of May 5, 2026.