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First Community Corporation FCCO Mortgage Banking1 — 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 mortgage banking1 — net income loss?
- First Community Corporation (FCCO) reported mortgage banking1 — net income loss of $1.31M in Q1 2026.
- How has First Community Corporation's mortgage banking1 — net income loss changed year-over-year?
- First Community Corporation's mortgage banking1 — net income loss increased by 16.0% year-over-year, from $1.13M to $1.31M.
- What is the long-term trend for First Community Corporation's mortgage banking1 — net income loss?
- Over 3 years (2021 to 2024), First Community Corporation's mortgage banking1 — net income loss has grown at a 60.9% compound annual growth rate (CAGR), from $633K to $2.64M.
- What does mortgage banking1 — net income loss mean?
- This metric represents the final bottom-line profitability of the mortgage banking segment after all revenues, expenses, taxes, and other adjustments are accounted for. It is the ultimate measure of the segment's financial success and its contribution to the overall organization's earnings. A positive net income indicates that the segment is effectively creating value for the company.
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