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First Community Corporation FCCO Provision for Credit Losses
Provision for Credit Losses at other companies
Other financials
Where this comes from
Reported directly by First Community Corporation in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.
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 | Three months ended March 31, 2025 |
|---|---|---|
| Depreciation | 446 | 424 |
| Net premium amortization on investment securities available-for-sale | (694) | (686) |
| Net premium amortization on investment securities held-to-maturity | (201) | (158) |
| Provision for credit losses | 193 | 437 |
| Origination of loans held-for-sale | (25,395) | (25,745) |
| Sale of loans held-for-sale | 29,869 | 29,110 |
| Gain on sale of loans held-for-sale | (673) | (755) |
| Amortization of intangibles | 96 | 39 |
Document
FAQ
- What is First Community Corporation's provision for credit losses?
- First Community Corporation (FCCO) reported provision for credit losses of $193K in Q1 2026.
- How has First Community Corporation's provision for credit losses changed year-over-year?
- First Community Corporation's provision for credit losses decreased by 55.8% year-over-year, from $437K to $193K.
- What is the long-term trend for First Community Corporation's provision for credit losses?
- Over 4 years (2021 to 2025), First Community Corporation's provision for credit losses has grown at a 23.1% compound annual growth rate (CAGR), from $335K to $770K.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.
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