FIRST COMMUNITY CORP /SC/ Earnings Per Share Disclosure
| Year ended December 31, | ||||||||||||
| (Amounts in thousands) | 2025 | 2024 | 2023 | |||||||||
| Numerator (Included in basic and diluted earnings per share) | $ | 19,205 | $ | 13,955 | $ | 11,843 | ||||||
| Denominator | ||||||||||||
| Weighted average common shares outstanding for: | ||||||||||||
| Basic earnings per common share | 7,663 | 7,617 | 7,568 | |||||||||
| Dilutive securities: | ||||||||||||
| Deferred compensation | 98 | 85 | 79 | |||||||||
| Diluted common shares outstanding | 7,761 | 7,702 | 7,647 | |||||||||
| Basic earnings per common share | $ | 2.51 | $ | 1.83 | $ | 1.56 | ||||||
| Diluted earnings per common share | $ | 2.47 | $ | 1.81 | $ | 1.55 | ||||||
| The average market price used in calculating assumed number of shares | $ | 25.56 | $ | 19.79 | $ | 18.70 | ||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 16, 2026 | Showing above |
| 2024 | Mar 14, 2025 | |
| 2023 | Mar 21, 2024 | |
| 2022 | Mar 22, 2023 | |
| 2021 | Mar 16, 2022 | |
| 2020 | Mar 12, 2021 | |
| 2019 | Mar 13, 2020 | |
| 2018 | Mar 14, 2019 | |
| 2017 | Mar 14, 2018 | |
| 2016 | Mar 13, 2017 | |
| 2015 | Mar 16, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.