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First Community Corporation FCCO Allowance for credit losses

Allowance for credit losses at other companies

Bank of America logo
Bank of AmericaBAC
$13.15B-0.8%
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$14.37B-1.2%
Truist Financial logo
Truist FinancialTFC
$5.03B
SouthState logo
SouthStateSSB
$585.88M-6.1%
First Community Bankshares logo
First Community BanksharesFCBC
$33.54M-0.7%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$1.52M+99.1%

Other financials

Income statement

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Revenue$23.2M+26.1%
Net income$5.5M+37.6%
EPS (diluted)$0.59+15.7%

Balance sheet

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Cash & equivalents$161.1M+7.5%
Total debt$2.6M-0.5%
Total equity$220.8M+47.3%
Total assets$2.4B+17.3%

Cash flow

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Operating cash flow-$2.4M-137%
CapEx$96.0K-52.0%
Free cash flow-$2.5M-140%

Valuation

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Market cap$302.99M+74.5%
P/E14.6×+3.3×
P/S3.6×+1.1×

Profitability

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Net margin24.7%+2.5pp
FCF margin11.1%

Returns & leverage

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Return on equity11.2%+0.3pp
Debt / equity0.0×

Where this comes from

Reported directly by First Community Corporation in its filing.

Tagged under the XBRL concept us-gaap:LoansAndLeasesReceivableAllowance.

The official record: First Community Corporation’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Community Corporation's allowance for credit losses?
First Community Corporation (FCCO) reported allowance for credit losses of $18.36M in Q1 2026.
How has First Community Corporation's allowance for credit losses changed year-over-year?
First Community Corporation's allowance for credit losses increased by 35.0% year-over-year, from $13.61M to $18.36M.
What is the long-term trend for First Community Corporation's allowance for credit losses?
Over 5 years (2020 to 2025), First Community Corporation's allowance for credit losses has grown at a 485.9% compound annual growth rate (CAGR), from $2K to $13.81M.
What does allowance for credit losses mean?
Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.