First Community Corp. (FCCO) Tops Q4 EPS by 2c

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Go back to First Community Corp. (FCCO) Tops Q4 EPS by 2c

First Community Corporation Announces Fourth Quarter and Year End 2022 Results and Increased Cash Dividend

January 18, 2023 9:01 AM EST

Highlights

Diluted EPS of $0.53 per common share for the fourth quarter of 2022 and $1.92 per common share for the year of 2022.Net income of $14.613 million for the year of 2022 compared to $15.465 million in 2021.Pre-tax pre-provision earnings of $18.259 million for the year of 2022, compared to $19.982 million for the year of 2021. Total revenue on Paycheck Protection Program (PPP) loans for 2022 was $49 thousand compared to $3.340 million for the year of 2021.Net income of $4.043 million for the fourth quarter of 2022, up 3.2% year-over-year and 2.3% from the linked quarter.Pre-tax pre-provision earnings of... More