What does change in lease liabilities mean?

Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.

First Community Corporation FCCO Change in Lease Liabilities

SouthStateSSB

$2.1M+141%

Center BancorpCNOB

-$243K-800%

Revenue$23.2M+26.1%

Net income$5.5M+37.6%

EPS (diluted)$0.59+15.7%

Cash & equivalents$161.1M+7.5%

Total debt$2.6M-0.5%

Total equity$220.8M+47.3%

Total assets$2.4B+17.3%

Operating cash flow-$2.4M-137%

CapEx$96.0K-52.0%

Free cash flow-$2.5M-140%

Market cap$302.99M+74.5%

P/E14.6×+3.3×

P/S3.6×+1.1×

Net margin24.7%+2.5pp

FCF margin11.1%—

Return on equity11.2%+0.3pp

Debt / equity0×0.0×

Reported directly by First Community Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

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

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What is First Community Corporation's change in lease liabilities?: First Community Corporation (FCCO) reported change in lease liabilities of $301K in Q1 2026.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.