First Community SEC Filings

First Community Corporation reported stronger first quarter 2026 results and declared a cash dividend. Net income for the quarter was $5.498 million, with diluted earnings per share of $0.59, compared with $3.997 million and $0.51 a year earlier and $4.830 million and $0.62 in the prior quarter.

Excluding merger expenses related to the January 8, 2026 acquisition of Signature Bank, net income was $6.754 million and diluted EPS was $0.72, increases of 69.0% and 41.1% year-over-year. The Board approved a $0.16 per share cash dividend, payable May 19, 2026 to shareholders of record on May 5, 2026.

Total loans rose to $1.549 billion and total deposits to $2.048 billion at March 31, 2026, aided by the Signature Bank acquisition and organic growth. Asset quality remained strong, with non-performing assets of $853 thousand, or 0.04% of total assets, and the allowance for credit losses on loans at 1.19% of loans. Regulatory capital ratios at the bank exceeded well-capitalized minimums, and tangible book value per share increased to $19.88.

First Community Corporation is holding its 2026 Annual Meeting of Shareholders on May 20, 2026 at its Lexington, South Carolina headquarters. Shareholders of record on March 13, 2026, when 9,366,626 common shares were outstanding, are entitled to one vote per share.

Shareholders will vote on three main items: electing nine directors across three classes to maintain a staggered board, approving on a non-binding basis the compensation of named executive officers, and ratifying Elliott Davis, LLC as independent registered public accounting firm for the year ending December 31, 2026.

The proxy describes a majority independent board, detailed committee structure, stock ownership and insider trading policies, and a clawback policy tied to any future accounting restatements. Executive pay is positioned as performance-based and benchmarked against a southeastern community bank peer group, with a mix of salary, annual incentives and equity intended to align management and shareholder interests.

First Community Corporation director Jonathan W. Been acquired 922 deferred stock units of common stock as compensation on March 31, 2026. The units were credited under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan at a reference price of $29.17 per share.

Following this grant, Been directly holds 147,704 shares of common stock, which include the 922 deferred stock units. He also has indirect holdings through three trusts—the Shiver Higbee Legacy Trust, the Katherine Smith Been Trust, and the Jonathan W. Been, Jr. Trust—over which he has voting and dispositive power.

First Community Corp director Leland E. Reynolds received 912 deferred stock units of common stock as compensation for first-quarter 2026 service. The units were credited under the company’s Non-Employee Director Deferred Compensation Plan at a reference price of $29.17 per share based on the March 31, 2026 closing bid.

Following this award, Reynolds directly holds 32,583 shares and deferred stock units in total, including 2,327 deferred stock units that themselves earn dividend-equivalent units. Each deferred stock unit will convert into one share of First Community common stock when distributions are made from the plan.

First Community Corporation director Alexander Snipe Jr. acquired 1,229 deferred stock units of common stock on March 31, 2026 as a grant under the company’s Non-Employee Director Deferred Compensation Plan. The units were credited at a reference price of $29.17 per share, based on deferred first-quarter 2026 compensation.

After this grant, he holds 56,911 shares directly, including 47,860 deferred stock units credited under the plan, of which 252 units were added as dividend equivalents during the first quarter of 2026. He also indirectly holds 3,927 shares through Glory Communications, Inc.

CHAO CHIMIN J reported acquisition or exercise transactions in this Form 4 filing.

First Community Corporation director Chimin J. Chao increased his equity-based compensation through deferred stock units. On March 31, 2026, he was credited with 1,347 deferred stock units of common stock, based on a consolidated closing bid price of $29.17 per share.

After this award, he holds 62,372 shares directly, including deferred stock units under the Non-Employee Director Deferred Compensation Plan, and 42,983 shares indirectly through the Yuhjen Chao Family Trust. In total, 53,158 deferred stock units are credited under the plan, including 280 units added as dividend equivalents in the first quarter of 2026, with future share issuance on a one-for-one basis at distribution.

First Community Corporation director Thomas Carlton Brown increased his equity-based compensation position through a deferred stock unit grant. He was credited with 1,004 deferred stock units for the first quarter of 2026, calculated using a First Community common stock consolidated closing bid price of $29.17 on March 31, 2026. Following this award, he directly holds a total of 41,422 shares and deferred stock units, including 9,827 deferred stock units that accrue dividend equivalents in the form of additional deferred stock units. Each deferred stock unit will convert into one share of First Community common stock upon distribution from the Non-Employee Director Deferred Compensation Plan.

First Community Corp/SC files an Amendment to Schedule 13G reporting that The Vanguard Group beneficially owns 0 shares of Common Stock, representing 0% of the class. The amendment explains an internal realignment at The Vanguard Group on January 12, 2026, causing certain subsidiaries and business divisions to report ownership separately in reliance on SEC Release No. 34-39538.

The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.