FCCO - First Community Corporation

NasdaqCM - NasdaqCM Real Time Price. Currency in USD

First Community Corporation

5455 Sunset Boulevard
Lexington, SC 29072
United States
803-951-2265
http://www.firstcommunitysc.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees226

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael C. CrappsCEO, Pres & Director515.21kN/A1959
Mr. John Ted NissenExec. VP and Chief Commercial & Retail Banking Officer300.84kN/A1962
Mr. Joseph G. SawyerExec. VP & CFON/AN/A1951
Ms. Tanya A. ButtsExec. VP, COO & Chief Risk OfficerN/AN/A1959
Ms. Robin D. BrownExec. VP and Chief HR & Marketing OfficerN/AN/A1968
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through four segments: Commercial and Retail Banking, Mortgage Banking, Investment Advisory and Non-Deposit, and Corporate. Its deposit products include demand deposit accounts, checking accounts, NOW accounts, and savings accounts, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises commercial loans that consist of secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. It also provides other banking services, which include Internet banking, cash management services, safe deposit boxes, traveler's checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, the company offers non-deposit investment products and other investment brokerage services; VISA and MasterCard credit card services; financial and investment advisory services; and insurance services. It operates 20 full-service offices located in the Lexington County, Richland County, Newberry County, Kershaw County, Greenville County, Anderson County, Pickens County, and Aiken County, South Carolina; and Richmond County, Georgia. First Community Corporation was incorporated in 1995 and is headquartered in Lexington, South Carolina.

Corporate Governance

First Community Corporation’s ISS Governance QualityScore as of October 4, 2019 is 7. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 8; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.