FCCO News & Events

Reports Q4 net charge-offs of $52,000; net loan recoveries, excluding overdrafts, $23,000; non-performing assets of 0.02% and past due loans of 0.07% at year-end 2025. Reports Q4 Book value per common share $21.78 vs. $21.01 in the previous quarter. Q4 EPS excludes after-tax effect of merger expenses.

Reports Q3 net charge-offs, including overdrafts, $13,000; excluding overdrafts net loan recoveries were $8,000. Reported EPS excludes the after-tax effect of merger expenses.

The Board of Directors approved an increased cash dividend for the Q2. The company will pay a 16c per share dividend to holders of the company's common stock. This dividend is payable August 19, to shareholders of record as of August 5. As previously announced on May 9, 2025, the Company's Board of Directors approved a plan to utilize up to $7.5M of capital to repurchase shares of its common stock, which represented approximately 5.0% of total shareholders' equity as of March 31, 2025. This new share repurchase plan expires on May 8, 2026. Under the repurchase plan, the Company may repurchase shares from time to time. No shares have been repurchased under this plan.

Reports Q2 Assets under management exceeded $1B for the first time and were a record $1.011B at June 30, 2025, a 9.1 % increase year-to-date. Reports Q2 had net charge-offs, including overdrafts, of $10,000 and net loan recoveries, excluding overdrafts, of $5,000. Year-to-date through June 30 net recoveries, including overdrafts, were $1,000 and net loan recoveries, excluding overdrafts, were $19,000.