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. More Details
How has First Community performed over the past 5 years?
12.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FCCO has high quality earnings.
Growing Profit Margin: FCCO's current net profit margins (20.3%) are lower than last year (22.5%).
Past Earnings Growth Analysis
Earnings Trend: FCCO's earnings have grown by 12.7% per year over the past 5 years.
Accelerating Growth: FCCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FCCO had negative earnings growth (-7.9%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: FCCO's Return on Equity (7.4%) is considered low.
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average management tenure
CEO
Mike Crapps (61 yo)
27yrs
Tenure
US$672,107
Compensation
Mr. Michael C. Crapps, also known as Mike, has been the Chief Executive Officer, President, Director, Chief Executive Officer of First Community Bank, President of First Community Bank and Director of Firs...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD672.11K) is about average for companies of similar size in the US market ($USD528.62K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Michael Crapps
CEO, President & Director
27yrs
US$672.11k
1.03% $ 1.4m
John Nissen
Executive VP and Chief Commercial & Retail Banking Officer
no data
US$362.03k
0.37% $ 513.9k
Donald Jordan
Executive VP & CFO
1yr
no data
0.052% $ 71.5k
Tanya Butts
Executive VP
4yrs
no data
0.067% $ 92.3k
Robin Brown
Executive VP and Chief Human Resources & Marketing Officer
7.92yrs
US$259.10k
0.23% $ 318.6k
John Walker
Executive VP & Chief Credit Officer
2yrs
no data
0.0076% $ 10.5k
Steve Sligh
Consultant
15.25yrs
US$147.88k
no data
Susan Boatwright
Vice President/Human Resources Manager
no data
no data
no data
6.0yrs
Average Tenure
58yo
Average Age
Experienced Management: FCCO's management team is seasoned and experienced (6 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Michael Crapps
CEO, President & Director
27yrs
US$672.11k
1.03% $ 1.4m
Thomas Brown
Independent Director
27yrs
US$30.10k
0.40% $ 542.7k
Chimin Chao
Independent Vice Chairman
0.67yr
US$34.50k
0.51% $ 701.6k
James Johnson
Independent Chairman
0.67yr
US$60.80k
0.43% $ 592.0k
Edward Tarver
Independent Director
3.67yrs
US$27.70k
0.016% $ 22.3k
W. Kitchens
Independent Director
27yrs
US$30.50k
0.29% $ 398.1k
Roderick Todd
Independent Director
14.58yrs
US$30.80k
0.12% $ 162.3k
Alexander Snipe
Independent Director
15.67yrs
US$32.50k
0.055% $ 75.0k
Jane Sosebee
Independent Director
1.67yrs
US$12.98k
0.026% $ 35.9k
E. Reynolds
Director
6.92yrs
US$29.90k
0.31% $ 421.0k
Mickey Layden
Independent Director
1.67yrs
US$14.98k
0.035% $ 48.4k
Ray Jones
Director
0.083yr
no data
0.010% $ 13.7k
5.3yrs
Average Tenure
63yo
Average Age
Experienced Board: FCCO's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FCCO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
First Community Corporation's company bio, employee growth, exchange listings and data sources
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, profe...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/01/25 23:18
End of Day Share Price
2021/01/25 00:00
Earnings
2020/12/31
Annual Earnings
2020/12/31
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.