First Community Corporation
First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. Its deposit products include checking,… Read more
First Community Corporation (FCCO) - Net Assets
Latest net assets as of September 2025: $161.57 Million USD
Based on the latest financial reports, First Community Corporation (FCCO) has net assets worth $161.57 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.07 Billion) and total liabilities ($1.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $161.57 Million |
| % of Total Assets | 7.82% |
| Annual Growth Rate | 11.51% |
| 5-Year Change | 5.98% |
| 10-Year Change | 82.82% |
| Growth Volatility | 36.88 |
First Community Corporation - Net Assets Trend (1995–2024)
This chart illustrates how First Community Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for First Community Corporation (1995–2024)
The table below shows the annual net assets of First Community Corporation from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $144.49 Million | +10.25% |
| 2023-12-31 | $131.06 Million | +10.73% |
| 2022-12-31 | $118.36 Million | -16.05% |
| 2021-12-31 | $141.00 Million | +3.42% |
| 2020-12-31 | $136.34 Million | +13.43% |
| 2019-12-31 | $120.19 Million | +6.84% |
| 2018-12-31 | $112.50 Million | +6.47% |
| 2017-12-31 | $105.66 Million | +29.08% |
| 2016-12-31 | $81.86 Million | +3.57% |
| 2015-12-31 | $79.04 Million | +6.05% |
| 2014-12-31 | $74.53 Million | +41.50% |
| 2013-12-31 | $52.67 Million | -2.79% |
| 2012-12-31 | $54.18 Million | +13.13% |
| 2011-12-31 | $47.90 Million | +14.59% |
| 2010-12-31 | $41.80 Million | +0.86% |
| 2009-12-31 | $41.44 Million | -39.20% |
| 2008-12-31 | $68.16 Million | +6.50% |
| 2007-12-31 | $64.00 Million | +1.25% |
| 2006-12-31 | $63.21 Million | +24.51% |
| 2005-12-31 | $50.77 Million | +0.60% |
| 2004-12-31 | $50.46 Million | +158.67% |
| 2003-12-31 | $19.51 Million | +5.80% |
| 2002-12-31 | $18.44 Million | +9.91% |
| 2001-12-31 | $16.78 Million | +9.16% |
| 2000-12-31 | $15.37 Million | +9.78% |
| 1999-12-31 | $14.00 Million | +2.85% |
| 1998-12-31 | $13.61 Million | +122.61% |
| 1997-12-31 | $6.11 Million | +5.75% |
| 1996-12-31 | $5.78 Million | -5.76% |
| 1995-12-31 | $6.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Community Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6653844900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $65.84 Million | 45.56% |
| Common Stock | $7.64 Million | 5.29% |
| Other Comprehensive Income | $-25.46 Million | -17.62% |
| Other Components | $96.47 Million | 66.77% |
| Total Equity | $144.49 Million | 100.00% |
First Community Corporation Competitors by Market Cap
The table below lists competitors of First Community Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LifeSemantics Corp.
KQ:347700
|
$189.97 Million |
|
Alvopetro Energy
V:ALV
|
$190.03 Million |
|
Zhongyan Technology Co Ltd
SHE:003001
|
$190.11 Million |
|
Prima Marine Public Company Limited
BK:PRM
|
$190.18 Million |
|
RECONN.ENERGY AFRICA
F:0XD
|
$189.92 Million |
|
Lime Technologies AB (publ)
ST:LIME
|
$189.85 Million |
|
Galaxy Surfactants Limited
NSE:GALAXYSURF
|
$189.82 Million |
|
Strandline Resources Limited
PINK:STQNF
|
$189.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Community Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 131,059,000 to 144,494,000, a change of 13,435,000 (10.3%).
- Net income of 13,955,000 contributed positively to equity growth.
- Dividend payments of 4,415,000 reduced retained earnings.
- Share repurchases of 223,000 reduced equity.
- New share issuances of 410,000 increased equity.
- Other comprehensive income increased equity by 550,999.
- Other factors increased equity by 3,157,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $13.96 Million | +9.66% |
| Dividends Paid | $4.42 Million | -3.06% |
| Share Repurchases | $223.00K | -0.15% |
| Share Issuances | $410.00K | +0.28% |
| Other Comprehensive Income | $551.00K | +0.38% |
| Other Changes | $3.16 Million | +2.18% |
| Total Change | $- | 10.25% |
Book Value vs Market Value Analysis
This analysis compares First Community Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.51x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.14x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $6.82 | $28.25 | x |
| 1996-12-31 | $6.41 | $28.25 | x |
| 1997-12-31 | $6.68 | $28.25 | x |
| 1998-12-31 | $10.65 | $28.25 | x |
| 1999-12-31 | $8.80 | $28.25 | x |
| 2000-12-31 | $9.52 | $28.25 | x |
| 2001-12-31 | $10.34 | $28.25 | x |
| 2002-12-31 | $11.33 | $28.25 | x |
| 2003-12-31 | $11.72 | $28.25 | x |
| 2004-12-31 | $25.17 | $28.25 | x |
| 2005-12-31 | $17.07 | $28.25 | x |
| 2006-12-31 | $19.86 | $28.25 | x |
| 2007-12-31 | $19.49 | $28.25 | x |
| 2008-12-31 | $21.28 | $28.25 | x |
| 2009-12-31 | $12.72 | $28.25 | x |
| 2010-12-31 | $12.81 | $28.25 | x |
| 2011-12-31 | $14.57 | $28.25 | x |
| 2012-12-31 | $12.99 | $28.25 | x |
| 2013-12-31 | $9.87 | $28.25 | x |
| 2014-12-31 | $11.28 | $28.25 | x |
| 2015-12-31 | $11.76 | $28.25 | x |
| 2016-12-31 | $12.06 | $28.25 | x |
| 2017-12-31 | $15.09 | $28.25 | x |
| 2018-12-31 | $14.55 | $28.25 | x |
| 2019-12-31 | $15.84 | $28.25 | x |
| 2020-12-31 | $18.22 | $28.25 | x |
| 2021-12-31 | $18.68 | $28.25 | x |
| 2022-12-31 | $15.56 | $28.25 | x |
| 2023-12-31 | $17.14 | $28.25 | x |
| 2024-12-31 | $18.76 | $28.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Community Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.16%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 13.55x
- Recent ROE (9.66%) is above the historical average (3.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | -9.09% | -286.67% | 0.01x | 3.16x | $-1.17 Million |
| 1996 | -4.87% | -27.97% | 0.03x | 6.59x | $-859.84K |
| 1997 | 4.11% | 13.59% | 0.04x | 8.34x | $-360.31K |
| 1998 | 6.22% | 33.41% | 0.03x | 5.37x | $-514.30K |
| 1999 | 5.71% | 19.05% | 0.04x | 6.78x | $-600.00K |
| 2000 | 6.40% | 11.82% | 0.07x | 7.29x | $-552.83K |
| 2001 | 6.58% | 10.46% | 0.07x | 9.33x | $-573.97K |
| 2002 | 7.94% | 13.22% | 0.06x | 10.59x | $-379.51K |
| 2003 | 9.21% | 15.67% | 0.05x | 11.02x | $-153.40K |
| 2004 | 4.33% | 14.75% | 0.03x | 9.03x | $-2.86 Million |
| 2005 | 6.09% | 12.55% | 0.05x | 9.21x | $-1.98 Million |
| 2006 | 5.54% | 11.12% | 0.06x | 8.67x | $-2.82 Million |
| 2007 | 6.20% | 11.02% | 0.06x | 8.84x | $-2.43 Million |
| 2008 | -9.97% | -18.15% | 0.06x | 9.54x | $-13.61 Million |
| 2009 | -60.89% | -66.98% | 0.06x | 14.62x | $-29.38 Million |
| 2010 | 4.44% | 5.91% | 0.05x | 14.33x | $-2.33 Million |
| 2011 | 6.94% | 10.39% | 0.05x | 12.40x | $-1.47 Million |
| 2012 | 7.32% | 12.93% | 0.05x | 11.13x | $-1.45 Million |
| 2013 | 7.85% | 13.95% | 0.05x | 12.02x | $-1.13 Million |
| 2014 | 6.87% | 14.51% | 0.04x | 10.90x | $-2.33 Million |
| 2015 | 7.75% | 16.47% | 0.04x | 10.92x | $-1.78 Million |
| 2016 | 8.16% | 17.53% | 0.04x | 11.17x | $-1.50 Million |
| 2017 | 5.50% | 14.24% | 0.04x | 9.94x | $-4.75 Million |
| 2018 | 9.98% | 23.36% | 0.04x | 9.70x | $-20.70K |
| 2019 | 9.13% | 21.17% | 0.04x | 9.74x | $-1.05 Million |
| 2020 | 7.41% | 18.78% | 0.04x | 10.23x | $-3.53 Million |
| 2021 | 10.97% | 27.01% | 0.04x | 11.24x | $1.37 Million |
| 2022 | 12.35% | 25.04% | 0.03x | 14.13x | $2.78 Million |
| 2023 | 9.04% | 113.65% | 0.01x | 13.95x | $-1.26 Million |
| 2024 | 9.66% | 14.16% | 0.05x | 13.55x | $-494.40K |
Industry Comparison
This section compares First Community Corporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Community Corporation (FCCO) | $161.57 Million | -9.09% | 11.79x | $189.93 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |