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First Community Corporation FCCO Mortgage Banking1 — Labor And Related Expense
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Where this comes from
Reported directly by First Community Corporation in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 |
|---|---|---|---|---|---|---|---|
| Net interest income | $16,168 | $1,691 | — | $747 | $1,883 | $(2,120) | $18,369 |
| 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 |
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FAQ
- What is First Community Corporation's mortgage banking1 — labor and related expense?
- First Community Corporation (FCCO) reported mortgage banking1 — labor and related expense of $844K in Q1 2026.
- How has First Community Corporation's mortgage banking1 — labor and related expense changed year-over-year?
- First Community Corporation's mortgage banking1 — labor and related expense increased by 0.4% year-over-year, from $841K to $844K.
- What is the long-term trend for First Community Corporation's mortgage banking1 — labor and related expense?
- Over 3 years (2022 to 2025), First Community Corporation's mortgage banking1 — labor and related expense has grown at a 4.8% compound annual growth rate (CAGR), from $2.98M to $3.43M.
- What does mortgage banking1 — labor and related expense mean?
- This metric tracks the total compensation, benefits, and related costs for personnel dedicated to the mortgage banking segment. It represents a significant portion of the segment's operating overhead and reflects the human capital investment required to maintain mortgage operations. Monitoring this helps assess the efficiency of the segment's workforce and its impact on operating margins.
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