First Community Corp-SC (FCCO) Financials

First Community Corp (FCCO) is a financial holding company based in South Carolina. It operates through its subsidiary, First Community Bank, which provides various banking products and services to individuals and businesses. As of the latest financial statement, FCCO reported a total revenue of $56.2 million. This represents the company's overall income earned from its core operations. The gross profit, which is derived by subtracting the cost of goods sold from the total revenue, was $42.8 million.

The operating cash flow, which measures the cash generated from the company's normal business activities, was $15.6 million. This indicates the company's ability to generate cash from its core operations. Additionally, the net income from stockholders was $11.3 million, indicating the income available to the company's common stockholders after deducting expenses and taxes. The stockholders' equity, which measures the net worth of the company's common shareholders, was $206.5 million. This represents the residual interest in the assets of the company after deducting liabilities.

On the balance sheet, FCCO reported a total of $1.7 billion in total assets, which includes cash equivalents of $164.2 million. This indicates the company's overall financial strength and ability to meet its obligations. The total debt, which includes both short-term and long-term debt, was $1.2 billion, while the total liabilities were $1.5 billion. This represents the company's obligations and claims against its assets. The net debt, which measures the company's debt after subtracting its cash equivalents, was $1 billion.

In terms of profitability, FCCO reported an EBIT (Earnings Before Interest and Taxes) of $16.5 million, indicating the company's operating profit before considering interest and taxes. The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was $17.8 million, indicating the company's operating profit before considering interest, taxes, depreciation, and amortization. This metric is often used to assess a company's operating performance.

In summary, First Community Corp-SC's financials indicate a solid financial position and healthy operating performance. The company has consistently generated revenue and profitability, with a strong balance sheet and positive cash flows. With a focus on delivering banking products and services, FCCO continues to serve its customers and shareholders effectively.