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First Community Corporation FCCO Mortgage Banking1 — Interest Expense

Other segment segments

Commercial And Retail Banking
$8.44M+8.8%
Government Guaranteed Collateral1
$265K
Corporate
$245K-8.9%

Similar metrics at other companies

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$0
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FBPMortgage Banking — Interest Expense Operating
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FB Financial logo
FBKMortgage — Interest Expense
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Waterstone Financial logo
WSBFMortgage Banking — Interest Income Expense Net
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FBPMortgage Banking — Interest Income Expense Net
$17.8M+1.2%
Waterstone Financial logo
WSBFMortgage Banking — Noninterest Expense
$19.33M+6.6%

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:InterestExpense.

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 mortgage banking1 — interest expense?
First Community Corporation (FCCO) reported mortgage banking1 — interest expense of $719K in Q1 2026.
How has First Community Corporation's mortgage banking1 — interest expense changed year-over-year?
First Community Corporation's mortgage banking1 — interest expense increased by 7.8% year-over-year, from $667K to $719K.
What is the long-term trend for First Community Corporation's mortgage banking1 — interest expense?
Over 3 years (2022 to 2025), First Community Corporation's mortgage banking1 — interest expense has grown at a 208.6% compound annual growth rate (CAGR), from $96K to $2.82M.
What does mortgage banking1 — interest expense mean?
This metric captures the costs incurred by the mortgage banking segment to fund its operations and lending activities, primarily through interest paid on deposits or borrowings. It is a key indicator of the segment's cost of capital and funding efficiency. Higher expenses relative to income can compress the net interest margin for the mortgage business.