First Community Corporation (FCCO) financial statements (2022 and earlier)

Company profile

Business Address 5455 SUNSET BLVD
LEXINGTON, SC 29072
State of Incorp. SC
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments69654832312223
Cash and cash equivalents69654832312223
Total current assets:69654832312223
Noncurrent Assets
Operating lease, right-of-use asset333
Property, plant and equipment33343535363030
Intangible assets, net (including goodwill)161616171766
Goodwill151515151555
Intangible assets, net (excluding goodwill)1112311
Total noncurrent assets:51535452533636
Other undisclosed assets1,4641,2771,0681,008967857803
TOTAL ASSETS:1,5851,3951,1701,0921,051915863
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt541023328193121
Total current liabilities:541023328193121
Noncurrent Liabilities
Other undisclosed liabilities1,3891,1571,017951926802762
Total liabilities:1,4441,2591,050979945833784
Stockholders' equity
Stockholders' equity attributable to parent, including:1411361201121068279
Common stock8878877
Additional paid in capital92919095957676
Accumulated other comprehensive income (loss)3112(2)(0)(1)1
Retained earnings (accumulated deficit)3826201241(4)
Warrants and rights outstanding   0000
Other undisclosed stockholders' equity attributable to parent(0)(0)(0)(0)(0)(0)(0)
Total stockholders' equity:1411361201121068279
TOTAL LIABILITIES AND EQUITY:1,5851,3951,1701,0921,051915863

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues52464541393635
Net investment income48444340323029
Cost of revenue(0)(4)(0)(0)(1)(1)(1)
Provision for loan, lease, and other losses(0)(4)(0)(0)
Financial services costs(1)(1)(1)
Gross profit:51434541393534
Operating expenses(10)(9)(9)(7)(23)(21)(20)
Other operating income, net2222121
Noninterest income, other operating income4444333
Other expenses(2)(2)(2)(2)(2)(1)(1)
Operating income:44363836171616
Nonoperating income (expense)00(0)    
Gains (losses) on sales of other real estate00(0)    
Bank owned life insurance income00     
Interest and debt expense(2)(4)(6)(4)(3)(4)(4)
Other undisclosed loss from continuing operations before equity method investments, income taxes(22)(20)(18)(18)(4)(4)(4)
Income from continuing operations before income taxes:20131414998
Income tax expense(4)(2)(3)(3)(3)(2)(2)
Net income available to common stockholders, diluted:15101111676

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:15101111676
Other comprehensive loss (2)     
Comprehensive income:1581111676
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(8)115(2)1(2)(0)
Comprehensive income, net of tax, attributable to parent:719169756

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: