First Community Management
Management criteria checks 4/4
First Community's CEO is Mike Crapps, appointed in Jan 1994, has a tenure of 30.83 years. total yearly compensation is $891.50K, comprised of 56.2% salary and 43.8% bonuses, including company stock and options. directly owns 0.99% of the company’s shares, worth $1.84M. The average tenure of the management team and the board of directors is 5.3 years and 14.6 years respectively.
Key information
Mike Crapps
Chief executive officer
US$891.5k
Total compensation
| CEO salary percentage | 56.2% |
| CEO tenure | 30.8yrs |
| CEO ownership | 1.0% |
| Management average tenure | 5.3yrs |
| Board average tenure | 14.6yrs |
Recent management updates
Recent updates
First Community (NASDAQ:FCCO) Will Pay A Dividend Of $0.15
Oct 19
First Community's (NASDAQ:FCCO) Dividend Will Be Increased To $0.15
Jul 22First Community (NASDAQ:FCCO) Will Pay A Dividend Of $0.14
Apr 20First Community (NASDAQ:FCCO) Will Pay A Larger Dividend Than Last Year At $0.14
Apr 22First Community declares $0.13 dividend
Oct 19First Community declares $0.13 dividend
Jul 20First Community (NASDAQ:FCCO) Is Increasing Its Dividend To US$0.13
Jan 22First Community (NASDAQ:FCCO) Is Due To Pay A Dividend Of US$0.12
Oct 23Shareholders Will Probably Hold Off On Increasing First Community Corporation's (NASDAQ:FCCO) CEO Compensation For The Time Being
May 13Why First Community Corporation (NASDAQ:FCCO) Is A Top Dividend Stock
May 03Can You Imagine How First Community's (NASDAQ:FCCO) Shareholders Feel About The 35% Share Price Increase?
Mar 03There's A Lot To Like About First Community's (NASDAQ:FCCO) Upcoming US$0.12 Dividend
Jan 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$13m |
| Jun 30 2024 | n/a | n/a | US$11m |
| Mar 31 2024 | n/a | n/a | US$11m |
| Dec 31 2023 | US$892k | US$501k | US$12m |
| Sep 30 2023 | n/a | n/a | US$13m |
| Jun 30 2023 | n/a | n/a | US$15m |
| Mar 31 2023 | n/a | n/a | US$15m |
| Dec 31 2022 | US$911k | US$482k | US$15m |
| Sep 30 2022 | n/a | n/a | US$14m |
| Jun 30 2022 | n/a | n/a | US$15m |
| Mar 31 2022 | n/a | n/a | US$16m |
| Dec 31 2021 | US$934k | US$466k | US$15m |
| Sep 30 2021 | n/a | n/a | US$15m |
| Jun 30 2021 | n/a | n/a | US$13m |
| Mar 31 2021 | n/a | n/a | US$12m |
| Dec 31 2020 | US$849k | US$448k | US$10m |
| Sep 30 2020 | n/a | n/a | US$9m |
| Jun 30 2020 | n/a | n/a | US$10m |
| Mar 31 2020 | n/a | n/a | US$10m |
| Dec 31 2019 | US$672k | US$431k | US$11m |
| Sep 30 2019 | n/a | n/a | US$11m |
| Jun 30 2019 | n/a | n/a | US$11m |
| Mar 31 2019 | n/a | n/a | US$11m |
| Dec 31 2018 | US$707k | US$410k | US$11m |
| Sep 30 2018 | n/a | n/a | US$9m |
| Jun 30 2018 | n/a | n/a | US$8m |
| Mar 31 2018 | n/a | n/a | US$7m |
| Dec 31 2017 | US$580k | US$394k | US$6m |
Compensation vs Market: Mike's total compensation ($USD891.50K) is below average for companies of similar size in the US market ($USD1.46M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Crapps (65 yo)
30.8yrs
Tenure
US$891,500
Compensation
Mr. Michael C. Crapps, also known as Mike, serves as Chief Executive Officer at First Community Corporation since 1994 and its Director since 2021 also serves as its President. He joined First Community Co...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 30.8yrs | US$891.50k | 0.99% $ 1.8m | |
| COO & Chief Risk Officer | 5.4yrs | US$444.12k | 0.082% $ 151.4k | |
| Executive VP | no data | US$544.37k | 0.42% $ 777.4k | |
| Executive VP & CFO | 5.3yrs | US$445.52k | 0.081% $ 149.9k | |
| Chief Human Resources Officer & Chief Marketing Officer | 5.4yrs | US$259.10k | 0.25% $ 465.6k | |
| Executive VP & Chief Credit Officer | 5.3yrs | no data | 0.033% $ 60.9k | |
| Assistant VP & Head Teller at Goodman Region | 3.3yrs | no data | no data | |
| Executive VP & Co-Chief Commercial and Retail Banking Officer | no data | no data | 0.056% $ 103.6k | |
| Executive VP & Co-Chief Commercial and Retail Banking Officer | no data | no data | no data | |
| Vice President/Human Resources Manager | no data | no data | no data |
5.3yrs
Average Tenure
57yo
Average Age
Experienced Management: FCCO's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 30.8yrs | US$891.50k | 0.99% $ 1.8m | |
| Executive VP | less than a year | US$544.37k | 0.42% $ 777.4k | |
| Independent Director | 30.8yrs | US$41.00k | 0.39% $ 718.5k | |
| Independent Chairman of the Board | 30.8yrs | US$58.75k | 0.55% $ 1.0m | |
| Independent Director | 3.5yrs | US$46.75k | 0.086% $ 159.6k | |
| Independent Vice Chairman of the Board | 30.8yrs | US$48.25k | 0.33% $ 609.4k | |
| Independent Director | 18.4yrs | US$48.50k | 0.17% $ 308.1k | |
| Independent Director | 19.5yrs | US$55.50k | 0.098% $ 181.3k | |
| Independent Director | 5.5yrs | US$47.75k | 0.10% $ 192.8k | |
| Independent Director | 10.8yrs | US$46.00k | 0.37% $ 683.4k | |
| Independent Director | 5.5yrs | US$47.00k | 0.097% $ 179.4k | |
| Independent Director | 3.8yrs | US$48.50k | 0.035% $ 65.6k |
14.6yrs
Average Tenure
66.5yo
Average Age
Experienced Board: FCCO's board of directors are seasoned and experienced ( 14.6 years average tenure).