First Community Q1 FY26 net income rises 37.5% to $5.5 million

• First Community Corporation posted net income of $5.5 million, up 37.5% year over year, with diluted EPS of $0.59.
• Net interest income climbed 27.7% to $18.4 million, lifting net interest margin 23 basis points to 3.35%.
• Non-interest income rose 20.3% to $4.79 million, driven by investment advisory fees and non-deposit commissions of $2.27 million and government guaranteed lending income of $395,000.
• Non-interest expense increased to $17.03 million from $12.75 million, including $1.58 million of merger costs tied to Signature Bank of Georgia, which closed Jan. 8, 2026.
• Total assets expanded 16.2% from Dec. 31 to $2.4 billion; deposits grew 17.1% to $2.05 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Community Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001552781-26-000341), on May 15, 2026, and is solely responsible for the information contained therein.