First Community: Q1 Earnings Snapshot

LEXINGTON, S.C. (AP) — LEXINGTON, S.C. (AP) — First Community Corp. (FCCO) on Wednesday reported first-quarter net income of $2.6 million.

The Lexington, South Carolina-based bank said it had earnings of 34 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 34 cents per share.

The holding company for First Community Bank posted revenue of $24.4 million in the period. Its revenue net of interest expense was $15.3 million, which topped Street forecasts. Three analysts surveyed by Zacks expected $14.8 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCCO at https://www.zacks.com/ap/FCCO