IPO Company Profile
SEC Filings | Peer IPO Companies
First Community Corporation
5455 Sunset Boulevard, Lexington, SC 29072 * (803) 951-2265

The company is a bank holding company for the First Community Bank, N.A. The company engages in a general commercial and retail community banking business characterized by personalized service and local decision making for customers.

Primary Underwriting Group
ManagerTierPhone
Edgar M. Norris & Co., Inc.Lead Manager (864) 233-3655

Filing Information
Employees:0 Financial: SIC 6035
Type of Shares:Common Shares Filing Date:5/19/98
U.S. Shares Filed:450,000 Filing Range:$13.00 - $15.00
Non-U.S. Shares Filed:0 Offering Amount: $6,300,000
Primary Shares:450,000 Expenses:$180,000
Secondary Shares:0 Post-IPO Shares:1,139,677

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Nelson Mullins Riley & Scarbourough
Bank's Law Firm: Long, Aldridge & Norman
Auditor: General Auditor

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 3/31/98 3/31/97 3/31/98
Revenue:$2.06$0.63$0.42Assets:$58.33
Net Income:$0.25$0.12$0.02Curr Assets:
EPS:$0.36$0.17$0.02Liabilities:$52.09
Prior EPS:-$0.41Curr Liab:$46.70
Cash Flow/Oper:$0.61$0.14$0.09Equity:$6.24
Cash Flow/Fin:$12.39$7.25$1.63Cash:$1.94
Cash Flow/Inv:-$15.24-$4.47

Use of Proceeds
The proceeds from the proposed offering will be used for the continued growth and expansion of the company, the opening of new branches and general corporate purposes.

©1998 IPO Data Systems, Inc. - All rights reserved.