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Income Statement
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FIRST COMMUNITY CORP (FCCO)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  39.239.737.035.432.826.123.723.2
        Interest income on investments  11.37.76.56.66.55.95.75.3
       51.147.543.842.639.732.229.528.6
        Interest on deposits  1.81.73.04.62.91.81.81.8
    Total interest expense  3.22.23.85.84.02.83.03.4
Net interest income  47.945.340.036.835.729.426.525.3
Provision for loan losses  -0.20.33.70.10.30.50.81.1
Net interest income after provision for loan losses  48.144.936.436.735.428.925.724.1
        Deposit and loan fees         1.5
        Gain on sale of investments, net    0.10.1   0.4
        Other non-interest income  11.613.913.711.610.69.68.916.3
Total non-interest income  11.613.913.811.710.69.68.918.1
Non-interest expenses  41.339.237.534.632.129.425.824.7
Pre-tax income before non-recurring items  18.319.812.613.813.99.18.88.4
Non-recurring items  -0.10.1    0.00.0
Pre-tax income  18.419.612.613.813.99.18.88.4
Income taxes  3.84.22.52.92.73.32.22.3
            Tax rate  20.6%21.3%19.8%20.7%19.3%36.4%24.5%27.1%
Net income  14.615.510.111.011.25.86.76.1
            Net margin  24.5%26.3%20.1%22.6%24.4%15.1%19.3%14.5%
   
Basic EPS  $1.94$2.06$1.36$1.46$1.48$0.85$1.01$0.93
Diluted EPS  $1.92$2.05$1.35$1.45$1.45$0.83$0.98$0.91
   
Shares outstanding (basic)  7.57.57.47.57.66.86.66.6
Shares outstanding (diluted)  7.67.57.57.67.77.06.86.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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