FCCO - First Community GAAP EPS of $0.43 revenue of $15.2M

2023-07-19 10:43:38 ET

• First Community press release ( NASDAQ: FCCO ): Q2 GAAP EPS of $0.43.
• Revenue of $15.2M.
• Total loans increased during the second quarter by $39.4 million, an annualized growth rate of 15.9% on a linked quarter basis.
• Total deposits of $1.42 billion, flat on a linked quarter basis.
• Investment advisory line of business Assets Under Management ( AUM ) reached a record of $675.4 million at June 30, 2023.
• Key credit quality metrics were excellent with net loan recoveries, excluding overdrafts, of $14 thousand; non-performing assets ratio of 0.06%, and past due loan ratio of 0.05%.
• Cash dividend of $0.14 per common share, which is the 86 consecutive quarter of cash dividends paid to common shareholders.

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