$FCCO
First Community Corp (South Carolina)

2021 Form 10-K Financial Statement

#000155278122000252 Filed on March 16, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q4 2020
Revenue $3.995M $11.43M $2.720M
YoY Change 46.88% 34.59%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.910M $480.0K $2.000M
YoY Change -4.5% -33.33% -5.66%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $2.241M $739.0K $3.755M
YoY Change -40.32%
% of Operating Profit
Other Income/Expense, Net $777.0K $780.0K
YoY Change -0.38%
Pretax Income $19.65M $4.360M $12.60M
YoY Change 55.95% 27.49% -8.89%
Income Tax $4.180M $930.0K $2.500M
% Of Pretax Income 21.27% 21.33% 19.84%
Net Earnings $15.47M $3.440M $10.10M
YoY Change 53.17% 27.41% -7.93%
Net Earnings / Revenue 387.23% 30.11% 371.32%
Basic Earnings Per Share $2.06 $0.46 $1.36
Diluted Earnings Per Share $2.049M $458.7K $1.350M
COMMON SHARES
Basic Shares Outstanding 7.491M shares 7.446M shares
Diluted Shares Outstanding 7.549M shares 7.482M shares

Balance Sheet

Concept 2021 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $64.99M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $35.70M $37.50M $37.50M
YoY Change -4.8% -1.83% -1.83%
Goodwill $14.64M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.800M $600.0K $100.0K
YoY Change 1700.0% 0.0% -93.75%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.585B $1.395B $1.395B
YoY Change 13.55% 19.23% 19.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $3.000M $3.100M $3.100M
YoY Change -3.23% -6.06% -6.06%
Deferred Revenue
YoY Change
Short-Term Debt $54.20M $40.90M $40.90M
YoY Change 32.52% 22.82% 22.82%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.000M $3.100M $3.100M
YoY Change -3.23% -6.06% -6.06%
LONG-TERM LIABILITIES
Long-Term Debt $15.00M $15.00M $15.00M
YoY Change 0.0% 0.0% 0.0%
Other Long-Term Liabilities $10.10M $10.60M $10.60M
YoY Change -4.72% 4.95% 4.95%
Total Long-Term Liabilities $25.10M $25.60M $25.60M
YoY Change -1.95% 1.99% 1.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.000M $3.100M $3.100M
Total Long-Term Liabilities $25.10M $25.60M $25.60M
Total Liabilities $1.444B $1.259B $1.259B
YoY Change 14.65% 19.89% 19.89%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $141.0M $136.3M $136.3M
YoY Change
Total Liabilities & Shareholders Equity $1.585B $1.395B $1.395B
YoY Change 13.55% 19.23% 19.23%

Cashflow Statement

Concept 2021 2020 Q4 2020
OPERATING ACTIVITIES
Net Income $15.47M $3.440M $10.10M
YoY Change 53.17% 27.41% -7.93%
Depreciation, Depletion And Amortization $1.910M $480.0K $2.000M
YoY Change -4.5% -33.33% -5.66%
Cash From Operating Activities $57.93M -$1.260M -$17.05M
YoY Change -439.77% -165.28% -458.95%
INVESTING ACTIVITIES
Capital Expenditures -$810.0K -$350.0K -$1.090M
YoY Change -25.69% -12.5% -60.93%
Acquisitions
YoY Change
Other Investing Activities -$235.5M -$65.99M -$170.4M
YoY Change 38.16% 163.75% 267.23%
Cash From Investing Activities -$236.3M -$66.35M -$171.5M
YoY Change 37.76% 161.01% 248.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 182.4M 9.090M 205.9M
YoY Change -11.41% -76.03% 243.86%
NET CHANGE
Cash From Operating Activities 57.93M -1.260M -17.05M
Cash From Investing Activities -236.3M -66.35M -171.5M
Cash From Financing Activities 182.4M 9.090M 205.9M
Net Change In Cash 4.030M -58.52M 17.30M
YoY Change -76.71% -505.26% 12.19%
FREE CASH FLOW
Cash From Operating Activities $57.93M -$1.260M -$17.05M
Capital Expenditures -$810.0K -$350.0K -$1.090M
Free Cash Flow $58.74M -$910.0K -$15.96M
YoY Change -468.05% -139.06% -311.67%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2020 us-gaap Proceeds From Sale Of Other Investments
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