First Community Corporation Announces Second Quarter Results and Cash Dividend
Highlights for Second Quarter of 2022 Net income of $3.1 million . Diluted EPS of $0.41 per common share for the quarter and $0.87 year-to-date through June 30, 2022 . Total loans increased during the second quarter by $40.5 million , an annualized growth rate of 18.6% on a linked quarter basis. Pure (non-CD) deposit growth, including customer cash management accounts, of $46.2 million , an annualized growth rate of 13.4% on a linked quarter basis. Investment advisory line of business revenue of $1.2 million . Cash dividend of $0.13 per common share, which is the 82 nd consecutive quarter of cash dividends paid to common shareholders. LEXINGTON, S.C. , July 20 , 2022 |PRNewswire| -- Today, First Community Corporation (Nasdaq: FCCO), the holding company for First Community Bank, reported net income for the second quarter of 2022 of $3.130 million as compared to $3.543 million in the second quarter of 2021 and $3.489 million in the first quarter of 2022. Diluted earnings per common share were $0.41 for the second quarter of 2022 as compared to $0.47 for the second quarter of 2021 and $0.46 in the first quarter of 2022.
First Community Corporation Announces Second Quarter Results and Cash Dividend
Highlights for Second Quarter of 2022 Net income of $3.1 million . Diluted EPS of $0.41 per common share for the quarter and $0.87 year-to-date through June 30, 2022 . Total loans increased during the second quarter by $40.5 million , an annualized growth rate of 18.6% on a linked quarter basis. Pure (non-CD) deposit growth, including customer cash management accounts, of $46.2 million , an annualized growth rate of 13.4% on a linked quarter basis. Investment advisory line of business revenue of $1.2 million . Cash dividend of $0.13 per common share, which is the 82 nd consecutive quarter of cash dividends paid to common shareholders. LEXINGTON, S.C. , July 20 , 2022 |PRNewswire| -- Today, First Community Corporation (Nasdaq: FCCO), the holding company for First Community Bank, reported net income for the second quarter of 2022 of $3.130 million as compared to $3.543 million in the second quarter of 2021 and $3.489 million in the first quarter of 2022. Diluted earnings per common share were $0.41 for the second quarter of 2022 as compared to $0.47 for the second quarter of 2021 and $0.46 in the first quarter of 2022.