OverviewSuggest Edit

First Community Corporation is a holding company for First Community Bank. The Bank offers a full range of deposit services that are typically available in most banks and thrift institutions, including checking accounts, NOW accounts, savings accounts and other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. In addition, it offers certain retirement account services, such as Individual Retirement Accounts. First Community Bank also offers a full range of commercial and personal loans. Commercial loans include both secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery. Consumer loans include secured and unsecured loans for financing automobiles, home improvements, education, and personal investments. The Bank also makes real estate construction and acquisition loans. Other bank services include internet banking, cash management services, safe deposit boxes, travelers checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts.

TypePublic
Founded1994
HQLexington, US
Websitefirstcommunitysc.com

Latest Updates

Employees (est.) (Dec 2019)242(+8%)
Job Openings8
Revenue (FY, 2019)$1.6 M(-6%)
Share Price (Sept 2020)$13.7 (+2%)
Cybersecurity ratingAMore

Key People/Management at First Community

Thomas C. Brown

Thomas C. Brown

Director
Chimin J. Chao

Chimin J. Chao

Director
Michael C. Crapps

Michael C. Crapps

President, Chief Executive Officer & Director
W. James Kitchens

W. James Kitchens

Director
E. Leland Reynolds

E. Leland Reynolds

Director
Alex Snipe

Alex Snipe

Director
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First Community Office Locations

First Community has offices in Lexington, Aiken, Blythewood, Camden and in 2 other locations
Lexington, US (HQ)
5455 Sunset Blvd
Aiken, US
407 Silver Bluff Rd
Blythewood, US
201 Main St
Camden, US
631 W Dekalb St
Chapin, US
127 Amicks Ferry Rd
Columbia, US
1213 Flora St
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First Community Financials and Metrics

First Community Revenue

First Community's revenue was reported to be $1.65 m in FY, 2019
USD

Revenue (Q2, 2020)

210.0k

Net income (Q2, 2020)

2.2m

Market capitalization (14-Sept-2020)

102.7m

Closing stock price (14-Sept-2020)

13.7

Cash (30-Jun-2020)

92.9m

EV

13.0m
First Community's current market capitalization is $102.7 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

6.3m8.0m30.0m35.5m37.6m38.4m9.6m1.8m1.6m

Revenue growth, %

18%6%2%

Cost of goods sold

3.7m3.6m3.4m3.0m

Gross profit

26.2m31.9m34.2m35.4m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

3.3m4.0m4.1m5.1m6.1m6.7m5.8m11.2m11.0m

Depreciation and Amortization

517.0k204.0k1.0m1.4m1.6m1.7m1.8m2.1m2.1m

Inventories

Accounts Payable

496.0k38.0k87.0k87.0k50.0k1.0m157.0k2.1m3.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

1.3m2.3m799.0k1.7m2.9m1.0m2.2m3.3m862.0k2.1m3.6m1.4m2.8m4.5m1.5m3.2m4.9m1.8m3.4m5.3m2.7m5.7m8.5m2.5m5.4m8.3m1.8m4.0m

Depreciation and Amortization

310.0k466.0k51.0k102.0k153.0k51.0k96.0k783.0k290.0k637.0k996.0k400.0k814.0k1.2m408.0k820.0k1.2m432.0k876.0k1.3m516.0k1.0m1.6m525.0k913.0k1.4m508.0k1.0m

Accounts Payable

(1.7m)1.6m1.7m2.5m

Cash From Operating Activities

4.0m7.0m1.6m5.1m8.1m7.4m9.4m18.1m2.1m6.5m9.2m1.2m3.3m11.0m2.8m705.0k8.1m9.0m10.2m13.2m1.3m6.6m12.5m(2.2m)(4.3m)2.8m2.6m(11.9m)
USDQ2, 2011

Financial Leverage

13.8 x
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First Community Operating Metrics

First Community's Total Loans was reported to be $553.4m in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-accrual Loans

$6.59 m$5.94 m$5.35 m$5.07 m$4.84 m$6.01 m$4.50 m$3.91 m$4.05 m$3.47 m$3.03 m

Non-performing Loans

$2 k$32 k$38 k$99 k$53 k$108 k

Total Loans

$443.84 m$454.30 m$474.02 m$483.93 m$489.19 m$494.02 m$511.30 m$523.44 m$546.71 m$555.30 m$553.42 m
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First Community Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

First Community Online and Social Media Presence

Embed Graph

First Community News and Updates

New AVP, Mortgage Banker for First Community Mortgage

ATLANTA, Sept. 1, 2020 /PRNewswire/ -- First Community Mortgage (FCM) has named Atlanta-based Stephen Mearman Assistant Vice President. He has more than a decade of industry experience, including having owned his own mortgage brokerage. "Stephen is driven to make sure he finds the best...

The World’S First Community of Solo Female Travelers Turns 5, Gives Away $10,000 in Travel Prizes

Founded to empower women from all over the world to travel solo, Solo Female Travelers was one of the first global communities of its kind, and on July 17 2020 it turns 5. In celebration, co-founders Mar Pages of Once in a Lifetime Journey and Meg Jerrard of Mapping Megan are partnering with their…

First Community Bankshares, Inc. Announces Fourth Quarter and Full Year Results

BLUEFIELD, Va., Feb. 04, 2020 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended December 31, 2019. The Company reported net income…

First Community Bank to offer Plinqit savings app

First Community Bank announced today that it will offer Plinqit, a savings app and the only savings...

First Community Bankshares, Inc. Announces Third Quarter Results and Quarterly Dividend

BLUEFIELD, Va., Oct. 22, 2019 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended September 30, 2019. The Company reported net incom…

Mattamy Homes Opens First Community in Fort Myers, FL

Bonavie Cove community expands homebuilder's significant presence in western Florida RIVERVIEW, FL, Oct. 10, 2019 /PRNewswire/ - Mattamy Homes, North America's largest privately owned homebuilder, is pleased to announce the opening of its first community in Fort Myers, FL: Bonavie Cove....
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First Community Frequently Asked Questions

  • When was First Community founded?

    First Community was founded in 1994.

  • Who are First Community key executives?

    First Community's key executives are Thomas C. Brown, Chimin J. Chao and Michael C. Crapps.

  • How many employees does First Community have?

    First Community has 242 employees.

  • What is First Community revenue?

    Latest First Community annual revenue is $1.6 m.

  • What is First Community revenue per employee?

    Latest First Community revenue per employee is $6.8 k.

  • Who are First Community competitors?

    Competitors of First Community include Regions Financial, Wells Fargo and FIBI Holdings.

  • Where is First Community headquarters?

    First Community headquarters is located at 5455 Sunset Blvd, Lexington.

  • Where are First Community offices?

    First Community has offices in Lexington, Aiken, Blythewood, Camden and in 2 other locations.

  • How many offices does First Community have?

    First Community has 9 offices.