Jan Hollar Named to First Community Board of Directors

Rhea-AI Summary

First Community Corporation announces the appointment of Jan Hollar to its board of directors. With over 40 years in community banking, Hollar's background includes executive roles at HCSB Financial Corporation and leadership in various bank operations. She is a licensed CPA in South Carolina and North Carolina and has served in philanthropic efforts. President and CEO Mike Crapps emphasizes her invaluable expertise, while Chairman Jimmy Chao praises her diverse experience, anticipating positive contributions to the bank's future.

Positive

• Jan Hollar brings 40 years of community banking experience.
• Her leadership roles will add substantial insight to the board.
• Her expertise is expected to positively shape the company's future.

Negative

• None.

COLUMBIA, S.C., May 20, 2021 /PRNewswire/ -- First Community Corporation, headquartered in Lexington, South Carolina, and the holding company of First Community Bank, is pleased to announce that Jan Hollar, a retired banker with a 40-year career in community banking, has been named to its board of directors.

Ms. Hollar's extensive experience in community banking, including leadership positions in executive management and at the board level, in addition to positions in a number of areas of bank operations, will bring substantial insight to the board as it relates to the opportunities, challenges and issues in the community banking industry.

"We are pleased to welcome Jan to the First Community team," said President and CEO Mike Crapps. "There are few in our state who know community banking as well as Jan, and that expertise will be invaluable to shaping the future of our organization."

Prior to retiring, Ms. Hollar most recently served as interim chief executive officer of the Myrtle Beach Area Chamber of Commerce. Before that, she was chief executive officer and a member of the board of directors of HCSB Financial Corporation and its banking subsidiary Horry County State Bank. Ms. Hollar served as chief financial officer for four different community banks and directed bank operations in the areas of finance, accounting, deposits, loans, human resources, technology, facilities, strategic planning and shareholder relations. She is a licensed certified public accountant in South Carolina and North Carolina. Ms. Hollar self-owned and operated Jan H. Hollar, CPA, PC, a professional corporation providing accounting consulting for financial institutions.

A Furman University graduate, Ms. Hollar holds a bachelor's degree in economics and business administration with a concentration in accounting. She currently resides in Greenville and Myrtle Beach, South Carolina. Ms. Hollar's community involvement and philanthropic activities include work with Lily Pad Haven, a Charlotte-based safe haven for sex-trafficking victims, and the Kajiado Children's Home ministry in Kenya.

"The board is extremely pleased to have Jan joining us," said First Community Chairman of the Board C. Jimmy Chao. "Her extensive knowledge and diverse background make her a wonderful addition, and I believe she will serve the company, our customers, our employees and our shareholders very well."

First Community Bank, founded in 1995 and headquartered in Lexington, South Carolina, is a wholly owned subsidiary of First Community Corporation (NASDAQ: FCCO). First Community is a full-service commercial bank offering deposit and loan products and services, residential mortgage lending, and financial planning/investment advisory services for businesses and consumers. First Community serves customers in the Midlands, Aiken and Greenville, South Carolina, markets, as well as Augusta, Georgia. For more information on First Community Bank, visit www.firstcommunitysc.com.

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SOURCE First Community Corporation

FAQ

Who is Jan Hollar and what is her role at First Community Corporation?

Jan Hollar has been appointed to the board of directors of First Community Corporation, bringing extensive experience in community banking.

What qualifications does Jan Hollar have?

Jan Hollar has over 40 years in community banking, holds CPA licenses in South Carolina and North Carolina, and has served in multiple executive positions.

How will Jan Hollar's appointment impact First Community Corporation?

Her extensive experience is anticipated to provide valuable insights and direction for the company's future.

When was Jan Hollar appointed to the board of First Community Corporation?

Jan Hollar was appointed on May 20, 2021.

What is First Community Corporation's stock symbol?

The stock symbol for First Community Corporation is FCCO.