First Community Corporation (NASDAQ:FCCO) filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 10, 2026, reporting third-quarter net income of $8.044 million and total assets of $2.363 billion.

Key Highlights

  • Net income of $8.044 million for the three months ended September 30, 2026, compared with $5.192 million in the same period of 2025, according to the filing.
  • Diluted earnings per share of $0.85 for Q3 2026, up from $0.67 in Q3 2025, as reported in the consolidated statements of income.
  • Total assets reached $2.363 billion at September 30, 2026, rising from $2.058 billion at December 31, 2025.
  • Loans held-for-investment grew to $1.610 billion at September 30, 2026, compared with $1.311 billion at December 31, 2025.
  • Nine-month net income of $21.137 million for the nine months ended September 30, 2026, versus $14.375 million for the same period in 2025.
  • Shares outstanding increased to 9,400,301 at September 30, 2026, from 7,693,215 at December 31, 2025, reflecting additional common stock issuance.
  • Goodwill rose to $29.399 million at September 30, 2026, compared with $14.637 million at December 31, 2025.

First Community Corporation Q3 2026 Financial Results and Balance Sheet Expansion

According to the filing, First Community Corporation reported net interest income of $20.238 million for the three months ended September 30, 2026, an increase from $15.994 million in the comparable prior-year quarter. Total interest and dividend income for Q3 2026 was $30.007 million, up from $24.902 million a year earlier, driven primarily by loan income of $24.402 million versus $18.864 million in Q3 2025. Total interest expense for the quarter was $9.769 million, compared with $8.908 million in Q3 2025.

The company disclosed total non-interest income of $5.988 million for Q3 2026, compared with $4.469 million in Q3 2025. Investment advisory fees and non-deposit commissions of $2.605 million represented the largest component of non-interest income in the quarter. Total non-interest expense was $15.630 million for Q3 2026 versus $13.674 million in Q3 2025, with salaries and employee benefits accounting for $9.594 million. Merger-related expenses were $104 thousand in Q3 2026, down from $575 thousand in Q3 2025. Income tax expense for the quarter was $2.359 million, resulting in a net income before tax of $10.403 million.

On the balance sheet, the filing reported total deposits of $2.005 billion at September 30, 2026, up from $1.750 billion at December 31, 2025. Total shareholders' equity was $230.184 million at September 30, 2026, compared with $167.557 million at December 31, 2025. The allowance for credit losses on loans was $18.703 million at September 30, 2026, versus $13.806 million at December 31, 2025. For the nine months ended September 30, 2026, the company reported diluted earnings per share of $2.24, compared with $1.85 for the nine months ended September 30, 2025.

What Was Disclosed

First Community Corporation disclosed its unaudited consolidated financial statements for the quarter and nine months ended September 30, 2026, covering income, balance sheet, comprehensive income, and changes in shareholders' equity, filed as a Form 10-Q with the SEC on November 10, 2026.