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First Community Corporation FCCO Termination Of Operating Lease Right Of Use Asset

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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 fcco:TerminationOfOperatingLeaseRightOfUseAsset.

The official record: First Community Corporation’s 10-K, filed March 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Community Corporation's termination of operating lease right of use asset?
First Community Corporation (FCCO) reported termination of operating lease right of use asset of $119K in Q4 2024.
What does termination of operating lease right of use asset mean?
Represents the non-cash reduction in the right-of-use asset balance resulting from the early termination or expiration of operating lease agreements. This metric provides insight into the company's real estate footprint management and changes in its long-term operational commitments. It is useful for understanding shifts in the bank's physical branch network or office space strategy.