First Community Corp. Q2 Profit Rises - Quick Facts

(RTTNews) - First Community Corp. (FCCO) reported that its second-quarter net income available to common shareholders increased to $1.20 million from last year's $760 thousand. However, earnings per share for the quarter was $0.23, unchanged from last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.21 per share for the quarter. Analysts' estimates typically exclude special items.

Net Interest Income for the quarter was $4.42 million, slightly lower than prior year's $4.45 million. Total non-interest income for the quarter grew to $2.30 million from $1.86 million in the previous year.

The company announced board approval of an increase in its cash dividend for the second quarter of 2013. The company will pay a $0.06 per share dividend to holders of the company's common stock. This dividend is payable August 15, 2013 to shareholders of record as of July 31, 2013.