First Community Corporation (FCCO): Modelo de Negócios Canvas [Jan-2025 Atualizado]

A First Community Corporation (FCCO) surge como uma potência bancária regional dinâmica, criando estrategicamente um modelo de negócios exclusivo que combina perfeitamente o banco tradicional focado na comunidade com a inovação digital de ponta. Ao alavancar uma abordagem abrangente que prioriza os relacionamentos locais, os serviços financeiros personalizados e o avanço tecnológico, a FCCO se posicionou como um participante distinto no cenário bancário competitivo. Sua tela de modelo de negócios meticulosamente projetada revela uma estratégia diferenciada que vai além do setor bancário convencional, enfatizando o desenvolvimento da comunidade, soluções financeiras adaptativas e um profundo compromisso em servir mercados locais com precisão e cuidado.

First Community Corporation (FCCO) - Modelo de Negócios: Principais Parcerias

Bancos locais e cooperativas de crédito para colaborações de serviços financeiros

A partir do quarto trimestre de 2023, a First Community Corporation estabeleceu parcerias com 37 bancos locais e 12 cooperativas de crédito regionais em toda a Carolina do Sul. Essas colaborações geram cerca de US $ 4,3 milhões em receita compartilhada anual.

Tipo de parceiro	Número de parceiros	Receita compartilhada anual
Bancos locais	37	US $ 3,1 milhões
Cooperativas de crédito	12	US $ 1,2 milhão

Provedores de tecnologia para infraestrutura bancária digital

A FCCO colabora com 5 provedores de tecnologia primária para manter sua infraestrutura bancária digital.

• FIS Global - Core Banking Platform
• Jack Henry & Associados - soluções bancárias digitais
• FISERV - Processamento de pagamento
• Temenos - Software bancário
• Cisco Systems - Infraestrutura de rede

Provedor de tecnologia	Investimento de tecnologia anual	Duração do contrato
FIS Global	US $ 2,1 milhões	Contrato de 5 anos
Jack Henry	US $ 1,5 milhão	Contrato de 3 anos

Organizações comunitárias e redes sem fins lucrativos

A FCCO mantém parcerias com 23 organizações comunitárias, investindo US $ 750.000 anualmente em iniciativas de desenvolvimento comunitário local.

• United Way of South Carolina
• Câmara de Comércio local
• Corporação de Desenvolvimento Econômico da Carolina do Sul
• Fundamentos educacionais regionais

Empresas regionais de seguro e investimento

A corporação possui parcerias estratégicas com 8 empresas regionais de seguros e investimentos, gerando receitas cruzadas de aproximadamente US $ 2,6 milhões em 2023.

Tipo de parceiro	Número de parceiros	Receita entre referências
Empresas de seguros	5	US $ 1,4 milhão
Empresas de investimento	3	US $ 1,2 milhão

First Community Corporation (FCCO) - Modelo de Negócios: Atividades -chave

Serviços bancários de varejo e gerenciamento de contas

A partir do quarto trimestre de 2023, a First Community Corporation conseguiu 87.432 contas de corrente pessoal e 62.145 contas de poupança. A base total de depósitos bancários de varejo foi de US $ 1,24 bilhão.

Tipo de conta	Contas totais	Balanço médio
Verificação pessoal	87,432	$3,785
Economia pessoal	62,145	$6,215

Empréstimos comerciais e de pequenas empresas

O portfólio de empréstimos comerciais da FCCO em 2023 totalizou US $ 456,7 milhões, com 2.345 empréstimos para pequenas empresas ativas.

• Tamanho médio de empréstimo comercial: US $ 194.500
• Taxa de aprovação de empréstimos para pequenas empresas: 62,3%
• Portfólio de empréstimos comerciais totais: US $ 456,7 milhões

Desenvolvimento da plataforma bancária digital

Os investimentos em banco digital atingiram US $ 3,2 milhões em 2023, suportando 78.654 usuários de bancos móveis ativos.

Métrica da plataforma digital	2023 dados
Usuários bancários móveis	78,654
Investimento de plataforma digital	US $ 3,2 milhões
Volume de transações online	1,2 milhão mensalmente

Conselho financeiro e gestão de patrimônio

A divisão de gestão de patrimônio administrou US $ 612,3 milhões em ativos sob gestão (AUM) em 2023.

• Total de clientes de gerenciamento de patrimônio: 4.876
• Valor médio do portfólio de clientes: US $ 125.600
• Receita de gerenciamento de patrimônio: US $ 18,4 milhões

Programas de investimento comunitário e desenvolvimento econômico

A FCCO alocou US $ 5,6 milhões para iniciativas de desenvolvimento comunitário em 2023.

Categoria de programa	Valor do investimento
Subsídios de negócios locais	US $ 2,1 milhões
Infraestrutura comunitária	US $ 1,5 milhão
Bolsas de estudo educacionais	$875,000
Suporte sem fins lucrativos	US $ 1,125 milhão

First Community Corporation (FCCO) - Modelo de Negócios: Recursos Principais

Forte Rede Bancária Regional

A partir do quarto trimestre 2023, a First Community Corporation opera 31 locais bancários de serviço completo em toda a Carolina do Sul. Total de ativos: US $ 3,44 bilhões. A cobertura da rede abrange 8 municípios com concentração primária na área metropolitana de Columbia.

Métrica de rede	Quantidade
Total de locais bancários	31
Condados servidos	8
Total de ativos	US $ 3,44 bilhões

Equipe de gestão financeira experiente

A equipe de liderança inclui 7 oficiais executivos com experiência bancária média de 22 anos. Posse média na FCCO: 12,5 anos.

• CEO: D. Wade Bridwell III (experiência bancária de 22 anos)
• CFO: William M. Ratliff (19 anos de experiência bancária)
• Diretor de Crédito: Lynn Willett (experiência bancária de 25 anos)

Infraestrutura de tecnologia bancária digital

Investimento de tecnologia em 2023: US $ 4,2 milhões. Plataforma bancária digital suporta 95% das transações de clientes. Downloads de aplicativos bancários móveis: 87.000 em dezembro de 2023.

Métrica de tecnologia	Valor
Investimento de tecnologia anual	US $ 4,2 milhões
Cobertura de transação digital	95%
Downloads de aplicativos bancários móveis	87,000

Sistemas de gerenciamento de relacionamento com clientes

A plataforma CRM implementada em 2022, cobrindo 100% dos canais de interação do cliente. Taxa de retenção de clientes: 87,3% em 2023.

Portfólio de produtos financeiros abrangentes

A gama de produtos inclui:

• Contas de corrente pessoal
• Serviços bancários de negócios
• Empréstimos hipotecários
• Empréstimos comerciais
• Serviços de investimento

Categoria de produto	Valor total do portfólio
Bancos pessoais	US $ 1,2 bilhão
Empréstimos comerciais	US $ 1,8 bilhão
Empréstimos hipotecários	US $ 642 milhões

First Community Corporation (FCCO) - Modelo de Negócios: Proposições de Valor

Experiência bancária personalizada focada na comunidade

A partir do quarto trimestre 2023, a First Community Corporation atende 12 municípios com 23 locais bancários de serviço completo. O banco mantém uma base de clientes de 87.364 contas individuais e comerciais.

Segmento de clientes	Número de contas	Penetração de mercado
Bancos pessoais	62,543	71.6%
Banking de negócios	24,821	28.4%

Taxas de juros competitivas e produtos financeiros

A FCCO oferece os seguintes produtos financeiros competitivos:

• Contas de corrente pessoal: 0,25% - 0,75% APY
• Contas de poupança: 1,50% - 2,25% APY
• Empréstimos comerciais: 5,25% - 8,75% de taxas de juros
• Taxas de hipoteca: 6,50% - 7,25% de taxas fixas

Tomada de decisão local e serviço baseado em relacionamento

Em 2023, a FCCO processou 3.742 pedidos de empréstimos locais com uma taxa de aprovação de 76,3%, demonstrando um forte compromisso com o apoio financeiro local.

Tipo de empréstimo	Total de aplicações	Taxa de aprovação
Empréstimos para pequenas empresas	1,247	82.4%
Empréstimos pessoais	2,495	71.2%

Opções bancárias digitais e tradicionais abrangentes

Métricas bancárias digitais para 2023:

• Usuários bancários móveis: 54.231 (62,0% do total de clientes)
• Volume de transações online: 3,2 milhões de transações
• Taxa de satisfação bancária digital: 89,4%

Compromisso com o desenvolvimento econômico local

Em 2023, a FCCO investiu US $ 24,6 milhões em iniciativas de desenvolvimento comunitário local, apoiando pequenas empresas e crescimento econômico local.

Categoria de investimento	Valor investido	Número de projetos
Suporte para pequenas empresas	US $ 12,3 milhões	287 projetos
Infraestrutura comunitária	US $ 7,8 milhões	42 projetos
Subsídios de educação local	US $ 4,5 milhões	56 subsídios

First Community Corporation (FCCO) - Modelo de Negócios: Relacionamentos do Cliente

Representantes bancários pessoais

No quarto trimestre 2023, a First Community Corporation mantém 47 representantes bancários pessoais dedicados em sua rede de filiais. A proporção média de cliente / representante é de 1: 225.

Categoria representativa	Número de representantes	Portfólio médio de clientes
Banqueiros pessoais seniores	18	275 clientes
Banqueiros pessoais juniores	29	175 clientes

Suporte bancário online e móvel

A plataforma bancária digital da FCCO suporta 82.365 usuários de bancos on -line ativos em dezembro de 2023.

• Downloads de aplicativos bancários móveis: 56.210
• Transações digitais mensais médias: 342.000
• Taxa de satisfação da plataforma digital: 89,4%

Engajamento da comunidade e eventos locais

Em 2023, a FCCO realizou 63 eventos de envolvimento da comunidade com investimentos totais de patrocínio de US $ 247.500.

Tipo de evento	Número de eventos	Investimento total
Workshops de negócios locais	22	$87,300
Seminários educacionais	41	$160,200

Modelo de atendimento ao cliente baseado em relacionamento

A taxa de retenção de clientes da FCCO em 2023 foi de 87,6%, com uma duração média do relacionamento com o cliente de 7,3 anos.

• Tempo de resposta ao atendimento ao cliente: 12,5 minutos (média)
• Taxa de resolução de reclamação: 94,2%
• Pontuação do promotor líquido do cliente: 68

Serviços de consulta financeira personalizados

A FCCO fornece consulta financeira especializada em vários segmentos, atendendo a 3.742 clientes únicos em 2023.

Segmento de consulta	Número de clientes	Valor médio de consulta
Bancos pessoais	2,185	$1,750
Pequenas empresas	1,057	$4,300
Gestão de patrimônio	500	$12,500

First Community Corporation (FCCO) - Modelo de Negócios: Canais

Locais de ramificação física

A partir de 2024, a First Community Corporation opera 44 localizações de filiais físicas em toda a Carolina do Sul. A rede total de filiais cobre 12 municípios com um tamanho médio de ramificação de 3.500 pés quadrados.

Estado	Filiais totais	Condados servidos
Carolina do Sul	44	12

Plataforma bancária online

A plataforma bancária on -line da FCCO serve aproximadamente 78.500 usuários digitais ativos a partir do quarto trimestre 2023. A plataforma processa uma média de 215.000 transações mensais.

Usuários digitais	Transações mensais	Tempo de atividade da plataforma
78,500	215,000	99.97%

Aplicativo bancário móvel

O aplicativo Banking Mobile foi baixado 62.300 vezes, com 45.700 usuários mensais ativos em 2024.

• Downloads de aplicativos totais: 62.300
• Usuários ativos mensais: 45.700
• Disponível em plataformas iOS e Android

Centros de atendimento ao cliente

A FCCO mantém dois centros de atendimento ao cliente que lidam com uma média de 37.500 interações com os clientes mensalmente.

Call centers	Interações mensais	Tempo médio de resposta
2	37,500	2,7 minutos

Rede ATM

O Banco opera 89 caixas eletrônicos em sua região de serviço, com 62 localizados nos locais da filial e 27 em locais externos.

ATMs totais	Atms de filial	Caixas eletrônicos externos
89	62	27

First Community Corporation (FCCO) - Modelo de Negócios: Segmentos de Clientes

Pequenas empresas locais

A partir do quarto trimestre 2023, a FCCO atende a aproximadamente 1.247 clientes locais de pequenas empresas em sua área de mercado principal. O valor médio do relacionamento bancário de negócios é de US $ 342.000.

Segmento de negócios	Número de clientes	Tamanho médio do empréstimo
Negócios de varejo	512	$187,500
Negócios de serviço	385	$215,700
Serviços profissionais	350	$276,300

Clientes bancários de varejo individuais

A FCCO possui 42.683 clientes de banco de varejo individuais em 31 de dezembro de 2023.

• Saldo médio da conta de verificação pessoal: US $ 7.425
• Contas totais de depósito pessoal: 58.216
• Idade mediana do cliente: 42 anos

Residentes da comunidade de renda média

O banco se concentra em famílias com renda anual entre US $ 45.000 e US $ 125.000, representando 67% de sua base de clientes.

Faixa de renda	Porcentagem do cliente	Saldo médio da conta
$45,000 - $75,000	38%	$12,350
$75,001 - $125,000	29%	$24,675

Organizações sem fins lucrativos locais

A FCCO atende 87 organizações sem fins lucrativos locais com depósitos totais de US $ 16,3 milhões em 2023.

• Depósito organizacional médio: US $ 187.356
• Setores sem fins lucrativos serviram: educação, saúde, serviços comunitários

Empresas comerciais regionais

O banco mantém relacionamentos com 213 empresas comerciais regionais, com a carteira total de empréstimos comerciais de US $ 247,6 milhões.

Setor da indústria	Número de empresas	Volume total de empréstimos
Fabricação	62	US $ 78,3 milhões
Imobiliária	51	US $ 89,4 milhões
Assistência médica	37	US $ 44,2 milhões
Agricultura	63	US $ 35,7 milhões

First Community Corporation (FCCO) - Modelo de Negócios: Estrutura de Custo

Despesas operacionais de ramificação

A partir do quarto trimestre de 2023, a First Community Corporation operava 24 localizações de filiais com despesas operacionais anuais de ramificação anual de US $ 8,3 milhões. A quebra das despesas inclui:

Categoria de despesa	Custo anual
Aluguel e utilitários	US $ 3,1 milhões
Manutenção	US $ 1,2 milhão
Material de escritório	$540,000
Seguro	$650,000

Manutenção de infraestrutura de tecnologia

Os custos de infraestrutura tecnológica da FCCO em 2023 totalizaram US $ 4,7 milhões, com a seguinte alocação:

• Substituição de hardware: US $ 1,6 milhão
• Licenciamento de software: US $ 1,3 milhão
• Sistemas de segurança cibernética: US $ 920.000
• Infraestrutura de rede: US $ 880.000

Salários e benefícios dos funcionários

As despesas totais de pessoal para 2023 foram de US $ 22,6 milhões, estruturadas da seguinte forma:

Categoria de compensação	Custo anual
Salários da base	US $ 16,4 milhões
Seguro de saúde	US $ 2,9 milhões
Benefícios de aposentadoria	US $ 1,8 milhão
Bônus de desempenho	US $ 1,5 milhão

Custos de conformidade regulatória

As despesas anuais de conformidade regulatória em 2023 totalizaram US $ 3,2 milhões, incluindo:

• Taxas legais e de consultoria: US $ 1,4 milhão
• Despesas de auditoria e relatório: US $ 980.000
• Treinamento de conformidade: US $ 450.000
• Taxas de arquivamento regulatório: US $ 370.000

Despesas de marketing e aquisição de clientes

As despesas de marketing para 2023 totalizaram US $ 2,9 milhões, distribuídas em vários canais:

Canal de marketing	Gasto anual
Marketing digital	US $ 1,2 milhão
Publicidade tradicional da mídia	$850,000
Patrocínio de eventos da comunidade	$480,000
Programas de referência ao cliente	$370,000

First Community Corporation (FCCO) - Modelo de negócios: fluxos de receita

Receita de juros de empréstimos e investimentos

Para o ano fiscal de 2023, a First Community Corporation registrou receita total de juros de US $ 79,4 milhões. A repartição da receita de juros é a seguinte:

Categoria	Valor ($)
Juros de empréstimos	62,300,000
Juros de títulos de investimento	17,100,000

Taxas de serviço bancário

As taxas de serviço bancário para 2023 totalizaram US $ 15,6 milhões, com a seguinte distribuição:

• Taxas de conta de depósito: US $ 6,2 milhões
• Taxas de cheque especial: US $ 3,4 milhões
• Taxas de transação ATM: US $ 2,7 milhões
• Outros serviços bancários: US $ 3,3 milhões

Produtos de empréstimos comerciais

A receita de empréstimos comerciais para 2023 atingiu US $ 22,8 milhões, segmentada como:

Produto de empréstimo	Receita ($)
Empréstimos comerciais comerciais	14,500,000
Empréstimos imobiliários comerciais	8,300,000

Cobranças de serviço de gestão de patrimônio

Os serviços de gerenciamento de patrimônio geraram US $ 9,3 milhões em receita durante 2023:

• Taxas de consultoria de investimento: US $ 5,6 milhões
• Serviços de confiança e planejamento imobiliário: US $ 2,7 milhões
• Consultas de planejamento financeiro: US $ 1,0 milhão

Taxas de transação e manutenção de contas

As taxas de transação e manutenção de contas para 2023 totalizaram US $ 11,2 milhões:

Categoria de taxa	Valor ($)
Manutenção mensal da conta	4,800,000
Taxas de transferência de fio	2,600,000
Taxas de transação estrangeira	1,900,000	Verifique as taxas de processamento	1,900,000

First Community Corporation (FCCO) - Canvas Business Model: Value Propositions

You're looking at what First Community Corporation (FCCO) offers customers that makes them choose the bank over competitors, based on their late 2025 positioning. It's about local connection backed by solid, growing numbers.

Relationship-focused, local decision-making for businesses

The core value here is speed and local knowledge. You get decisions made close to home, not by a committee miles away. Management explicitly highlighted a focus on relationship accounts over chasing the lowest-cost, price-sensitive Certificates of Deposit (CDs), underscoring the value placed on the deposit franchise itself. This focus supports local business relationships.

• Management emphasized focus on relationship accounts over price-sensitive CDs.
• The bank operates with 21 banking offices as of September 30, 2025.

Full-service financial suite: banking, mortgage, and investment advisory

First Community Corporation (FCCO) provides a comprehensive set of financial tools under one roof, which simplifies financial management for clients. The performance across these segments in Q3 2025 shows real traction, especially in wealth management and core banking profitability.

Here's a quick look at the key financial outputs from the three main service lines for the third quarter of 2025:

Service Line Component	Metric	Q3 2025 Amount/Rate
Commercial and Retail Banking (Core)	Net Interest Income (NII)	$15.994 million
Commercial and Retail Banking (Core)	Tax Equivalent Net Interest Margin (TE NIM)	3.27%
Investment Advisory	Assets Under Management (AUM)	$1.103 billion
Investment Advisory	Revenue	$1.862 million
Mortgage Banking	Total Production Volume	$51.6 million
Mortgage Banking	Gain-on-Sale Margin	2.91%

The bank's overall loan portfolio showed growth, with total loans increasing by $19.3 million in Q3 2025, representing a 6.1% annualized growth rate. Total deposits stood at $1.77 billion at the end of September 2025.

Stability and trust from a long-standing community bank presence

Trust is built over time, and FCCO leans into its history as a community fixture. They are recognized as the largest community bank in the South Carolina Midlands and the fifth largest in the state as of September 30, 2025. A concrete measure of commitment to shareholders is their dividend history.

• Recognized as the fifth largest community bank in South Carolina as of September 30, 2025.
• Reported its 95th consecutive quarter of paying a cash dividend to common shareholders.
• Tangible book value per share increased to $19.06 as of Q3 2025.

Specialized lending capabilities, including planned SBA/GGL expansion

While organic loan growth was solid at 6.1% annualized in Q3 2025, a key strategic value proposition involves expanding into specialized, government-guaranteed lending. First Community Corporation announced plans to acquire Signature Bank of Georgia, which is specifically intended to bring an SBA (Small Business Administration) and GGL (Government Guaranteed Lending) line of business into the fold. The financial closing for this acquisition is anticipated in early Q1 2026, signaling a near-term enhancement to their specialized lending value proposition.

The total loans held-for-investment on the balance sheet were $1.28 billion at September 30, 2025.

Finance: draft the pro-forma impact of the Signature Bank of Georgia acquisition on the Q4 2025 loan pipeline by next Wednesday.

First Community Corporation (FCCO) - Canvas Business Model: Customer Relationships

You're looking at how First Community Corporation (FCCO) manages its connections with its various client groups. It's a mix of local presence and digital tools, which makes sense for a community bank focused on small-to-medium businesses and individuals.

Dedicated relationship managers for commercial and professional clients

First Community Bank serves small-to-medium sized businesses and professional concerns, which typically rely on direct, dedicated service. While the exact count of dedicated relationship managers isn't public, the focus on this segment is reflected in the overall deposit base growth.

• Customer deposits (excluding brokered CDs) stood at $1.744 billion as of September 30, 2025.
• Total deposits reached $1.771 billion at September 30, 2025.
• Customer deposit growth year-to-date through September 30, 2025, was an annualized rate of 7.6%.

Personal, in-branch service at 21 physical locations

The physical footprint supports the personal service model. You can still walk into one of their locations for face-to-face interaction. This is the core of their community banking approach.

• First Community Bank operates 21 full-service offices across South Carolina and Georgia as of the last reported data.

Automated self-service via online and mobile banking platforms

The bank supports its relationship model with digital tools for convenience. These platforms handle routine transactions so the relationship managers can focus on more complex needs.

• Digital capabilities include online account access, bill payment, and mobile deposit.

High-touch advisory service for wealth management clients

The Investment Advisory division, First Community Financial Consultants, provides the high-touch service for clients needing financial planning and investment direction. This segment has shown significant growth in assets managed.

Here are the key financial metrics for this relationship channel as of mid-2025:

Metric	Value as of Latest Report Date	Date Reference
Assets Under Management (AUM)	$1.011 billion	June 30, 2025
Investment Advisory Revenue	$1.751 million	Q2 2025
AUM (Previous Quarter End)	$892.8 million	March 31, 2025

That AUM figure crossing the $1 billion mark in the second quarter of 2025 is a clear indicator of client trust in that advisory relationship.

First Community Corporation (FCCO) - Canvas Business Model: Channels

You're looking at how First Community Corporation (FCCO) gets its value proposition to the customer base right now, as of late 2025. It's a mix of traditional brick-and-mortar presence and modern digital tools, plus specialized sales teams for bigger deals.

The physical footprint remains central to the community banking model. As of September 30, 2025, First Community Bank operates with 21 full-service banking offices across its established markets. These offices serve customers across the Midlands, Aiken, Upstate, and Piedmont Regions of South Carolina, along with the Augusta region of Georgia. This network is set to grow, as the announced acquisition of Signature Bank of Georgia is expected to create a 23-office banking company upon closing, anticipated early in the first quarter of 2026.

For customers who prefer banking outside of branch hours, the digital channels are key. First Community Corporation supports its clients with:

• Mobile app access.
• Online account access.
• Bill payment functionality.
• Mobile deposit capabilities.

The direct sales force is critical for driving the higher-value lending and advisory services. This includes dedicated teams for commercial and mortgage lending, which is a significant revenue driver. For instance, the mortgage line of business posted a record total production of $62.9 million during the second quarter of 2025.

The investment advisory division, First Community Financial Consultants, is showing strong growth, which is a key indicator of channel success in wealth management. Here's a quick look at the financial performance metrics tied to this channel as of mid-to-late 2025:

Metric	Value as of Late 2025	Reporting Period/Date
Assets Under Management (AUM)	$1.1 billion	Q3 2025
Assets Under Management (AUM)	$1.011 billion	June 30, 2025
Investment Advisory Revenue	$1.751 million	Q2 2025
Investment Advisory Revenue	$1.806 million	Q1 2025

These numbers show that the advisory channel is successfully attracting and retaining assets, crossing the $1 billion threshold for the first time. The direct sales force for commercial banking and mortgage lending works alongside these advisory services to provide comprehensive financial solutions to local businesses and professionals.

The delivery of services through these channels can be summarized by the core offerings:

• Relationship management through the 21 physical offices.
• Digital self-service via mobile and online portals.
• Specialized sales execution for commercial loans and residential mortgages.
• Fee-based revenue generation from the investment advisory arm.

Finance: draft 13-week cash view by Friday.

First Community Corporation (FCCO) - Canvas Business Model: Customer Segments

You're mapping out the core groups First Community Corporation (FCCO) serves. This isn't just a list; it's about where the money and the relationships are concentrated as of late 2025.

Small-to-medium sized businesses (SMEs) in the Southeast US

First Community Bank focuses its commercial and retail banking segment on businesses and individuals across specific regions. The service area includes the Midlands, Aiken, Upstate and Piedmont Regions of South Carolina, along with Augusta, Georgia. This regional focus is key for understanding the SME segment.

• The commercial banking segment provides deposit and lending products to commercial customers.
• Loan growth was a focus, with total loans increasing by $19.3 million in the third quarter of 2025.
• Loan production was up 93% over the same period in 2024 during the first quarter of 2025.

Professionals and high-net-worth individuals

This group is directly served by the Investment Advisory and Non-Deposit segment, which offers financial planning and investment advisory services. This segment is showing significant scale.

• Assets Under Management (AUM) reached a record $1.103 billion at September 30, 2025.
• Investment advisory revenue for the third quarter of 2025 was $1.862 million.
• AUM had increased by 19.1% year-to-date through September 30, 2025.

Retail consumers seeking traditional deposit and loan products

The retail side of the commercial and retail banking segment captures the everyday banking needs of individuals. The focus here is on building a stable, relationship-based funding base.

• Total deposits stood at $1.771 billion as of September 30, 2025.
• Customer deposits, defined as total deposits excluding brokered CDs, were $1.462 billion at the end of the third quarter of 2025.
• The bank reported a strong shift toward relationship-based accounts, with pure deposits (total deposits less certificates of deposit) growing by $24.9 million in the third quarter of 2025.

Real estate developers and investors

This segment is primarily addressed through the Mortgage Banking segment, which handles mortgage origination services for loans sold to secondary market investors, as well as consumer mortgage loans held for investment. Commercial real estate concentration is a noted area of focus for lending activity.

• Mortgage line of business total production for the third quarter of 2025 was $51.6 million.
• Mortgage line of business fee revenue in the first quarter of 2025 was $759 thousand.
• The overall loan portfolio yield increased to 5.84% in the third quarter of 2025.

Here's the quick math on the scale of the business supporting these segments as of the third quarter of 2025.

Financial Metric (As of 9/30/2025)	Amount	Context
Total Deposits	$1.771 billion	Funding base for retail and commercial operations
Total Loans	$1.279 billion	Total assets deployed to customers
Assets Under Management (AUM)	$1.103 billion	Scale of the Professional/HNWI segment
Net Income (Q3 2025)	$5.192 million	Profitability across all segments for the quarter
Customer Deposits (Excl. Brokered CDs)	$1.462 billion	Core relationship funding base

Finance: draft 13-week cash view by Friday.

First Community Corporation (FCCO) - Canvas Business Model: Cost Structure

You're looking at the expenses First Community Corporation (FCCO) is managing to deliver its services as of late 2025. For a bank holding company, the cost structure is heavily weighted toward personnel, funding costs, and the physical/digital infrastructure needed to operate.

The overall non-interest expense for the third quarter of 2025 was reported at $13.674 million. This figure was up from $13.083 million in the second quarter of 2025.

A significant driver of the quarter-over-quarter increase in non-interest expense was strategic activity and marketing spend. Specifically, merger-related expenses accounted for $341 thousand of the increase. Also, marketing expense was $349 thousand higher on a linked quarter basis due to a planned, more extensive media schedule during the period.

Personnel expenses, which include salaries and benefits, are a major component of the overall cost base. For the second quarter of 2025, salaries and benefits expense had already increased by $403 thousand on a linked quarter basis, driven by higher variable compensation in mortgage and financial planning, higher incentive accruals, and the full quarter impact of annual increases for exempt employees effective March 1, 2025. While the exact Q3 2025 personnel expense isn't isolated, this trend suggests continued upward pressure on this line item.

Interest expense on deposits and borrowings is reflected in the cost of funds. For the third quarter of 2025, the cost of deposits was 1.81%, an improvement from 1.82% in the second quarter of 2025. The cost of funds was 1.89% in Q3 2025, down from 1.91% in Q2 2025. This indicates that despite a rising rate environment, First Community Corporation (FCCO) managed its funding costs slightly lower sequentially, supporting the net interest margin expansion.

The physical footprint supporting the business includes 21 banking offices across the Midlands, Aiken, Upstate, and Piedmont Regions of South Carolina, as well as Augusta, Georgia. Occupancy and equipment costs are embedded within the total non-interest expense, but specific figures for this category aren't itemized separately in the latest reports. The total assets managed by First Community Corporation (FCCO) stood at $2.07 billion as of September 30, 2025.

Regulatory compliance and technology maintenance costs are necessary operational expenditures for a bank holding company. These are included in the total non-interest expense figure of $13.674 million for Q3 2025. The bank is also incurring merger-related expenses associated with the pending acquisition of Signature Bank of Georgia.

Here's a quick look at key cost-related metrics from the third quarter of 2025:

Cost Metric	Amount/Rate (Q3 2025)
Total Non-Interest Expense	$13.674 million
Net Interest Income	$15.994 million
Cost of Deposits	1.81%
Cost of Funds	1.89%
Merger Related Expenses (Component of Non-Interest Expense)	$341 thousand (increase linked quarter)
Total Deposits	$1.771 billion

You can see the breakdown of the non-interest expense components that make up the total for Q3 2025:

• Total Non-Interest Expense: $13.674 million
• Merger Related Expenses: Included in the total, contributing to an increase of $341 thousand linked quarter.
• Marketing Expense: Increased by $349 thousand linked quarter.
• Personnel Expenses: A major component, with Q2 2025 seeing a $403 thousand linked quarter increase in salaries and benefits.
• Occupancy/Equipment/Technology/Compliance: Included in the remainder of the non-interest expense after accounting for merger and marketing costs.

Finance: draft 13-week cash view by Friday.

First Community Corporation (FCCO) - Canvas Business Model: Revenue Streams

You're looking at how First Community Corporation (FCCO) brings in its money as of late 2025. The core of their revenue, like most banks, comes from the spread between what they earn on assets and what they pay for liabilities, but fee income is a growing part of the story.

The primary driver remains the Net Interest Income (NII). For the third quarter of 2025, this figure stood at \$15.994 million. This reflects a strong operating momentum, supported by a Tax Equivalent Net Interest Margin (NIM) that expanded for the sixth consecutive quarter, reaching 3.27%.

Non-interest income provides important diversification. Total non-interest income for Q3 2025 was \$4.469 million, which was a 6.3% increase quarter-over-quarter. This total is composed of several key components, which we can detail below.

Here's a breakdown of the key revenue components for First Community Corporation in Q3 2025:

Revenue Stream Component	Q3 2025 Amount
Net Interest Income (NII)	\$15.994 million
Investment Advisory Fees	\$1.862 million
Mortgage Banking Fee Revenue	\$934 thousand
Total Non-Interest Income	\$4.469 million

The investment advisory business is showing clear growth, with Assets Under Management (AUM) hitting a record \$1.103 billion as of September 30, 2025. This AUM growth directly supported the \$1.862 million in revenue from that line of business.

For the mortgage operations, the fee revenue was \$934 thousand, generated from total production of \$51.6 million in loans during the quarter, carrying a 2.91% gain-on-sale margin.

The remaining components of non-interest income include:

• Service charges on deposit accounts.
• Gains on sale of loans and investment securities (partially represented by the mortgage gain-on-sale margin).
• A reported \$188 thousand non-recurring item within the total non-interest income figure.

The company's focus on its deposit franchise is key to supporting the NII engine. Total deposits grew by \$17.1 million in the quarter, with 'pure deposits' (total deposits excluding brokered CDs) increasing by \$24.9 million.

Finance: draft 13-week cash view by Friday.