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First Community Corporation FCCO Eliminations — Net Income Loss
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Where this comes from
Reported directly by First Community Corporation in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
The source filing: First Community Corporation’s 10-Q, filed May 15, 2026.
- Filed
- May 15, 2026, 4:10 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001552781-26-000341
| (Dollars in thousands) / Three months ended March 31, 2026 | Commercial / and Retail / Banking | Mortgage / Banking | Investment / Advisory and / Non-Deposit | Government / Guaranteed / Lending | Corporate | Eliminations | Consolidated |
|---|---|---|---|---|---|---|---|
| Provision for credit losses | 196 | (3) | — | — | — | — | 193 |
| Noninterest income | 1,438 | 681 | 2,271 | 400 | — | — | 4,790 |
| Salaries and employee benefits | 6,734 | 844 | 1,199 | 491 | 224 | — | 9,492 |
| Other noninterest expense | 6,677 | 220 | 190 | 100 | 352 | — | 7,539 |
| Total noninterest expense | 13,411 | 1,064 | 1,389 | 591 | 576 | — | 17,031 |
| Net income before taxes | $3,999 | $1,311 | $882 | $556 | $1,307 | $(2,120) | $5,935 |
| Income tax provision (benefit) | 674 | — | — | — | (237) | — | 437 |
| Net income | $3,325 | $1,311 | $882 | $556 | $1,544 | $(2,120) | $5,498 |
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FAQ
- What is First Community Corporation's eliminations — net income loss?
- First Community Corporation (FCCO) reported eliminations — net income loss of -$2.12M in Q1 2026.
- How has First Community Corporation's eliminations — net income loss changed year-over-year?
- First Community Corporation's eliminations — net income loss decreased by 49.0% year-over-year, from -$1.42M to -$2.12M.
- What is the long-term trend for First Community Corporation's eliminations — net income loss?
- Over 3 years (2021 to 2024), First Community Corporation's eliminations — net income loss has grown at a 11.9% compound annual growth rate (CAGR), from -$4.02M to -$5.63M.
- What does eliminations — net income loss mean?
- This metric reflects the net impact of all intercompany eliminations on the bottom-line net income of the consolidated entity. It accounts for the removal of internal profits or losses that occur between different business segments of the bank holding company. Understanding this figure is necessary to ensure that the consolidated net income accurately represents the bank's performance relative to external customers.
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