| Schedule of actual capital amounts and ratios as well as minimum amounts for each regulatory defined category for the bank and the company |
The actual capital amounts and ratios
as well as minimum amounts for each regulatory defined category for the Bank and the Company are as follows:
| |
|
Actual |
|
Required to be
Categorized
Adequately
Capitalized |
|
Required to be
Categorized
Well Capitalized |
| (Dollars in thousands) |
|
Amount |
|
Ratio |
|
Amount |
|
Ratio |
|
|
|
|
| December 31, 2013 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| First Community Corporation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Tier 1 Capital |
|
$ |
68,755 |
|
|
|
17.60 |
% |
|
$ |
15,629 |
|
|
|
4.00 |
% |
|
|
N/A |
|
|
|
N/A |
|
| Total Risked Based Capital |
|
|
72,974 |
|
|
|
18.68 |
% |
|
|
31,257 |
|
|
|
8.00 |
% |
|
|
N/A |
|
|
|
N/A |
|
| Tier 1 Leverage |
|
|
68,755 |
|
|
|
10.77 |
% |
|
|
25,535 |
|
|
|
4.00 |
% |
|
|
N/A |
|
|
|
N/A |
|
| First Community Bank |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Tier 1 Capital |
|
$ |
65,656 |
|
|
|
16.84 |
% |
|
$ |
15,592 |
|
|
|
4.00 |
% |
|
$ |
23,388 |
|
|
|
6.00 |
% |
| Total Risked Based Capital |
|
|
69,875 |
|
|
|
17.93 |
% |
|
|
31,185 |
|
|
|
8.00 |
% |
|
|
38,981 |
|
|
|
10.00 |
% |
| Tier 1 Leverage |
|
|
65,656 |
|
|
|
10.30 |
% |
|
|
25,501 |
|
|
|
4.00 |
% |
|
|
31,876 |
|
|
|
5.00 |
% |
| December 31, 2012 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| First Community Corporation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Tier 1 Capital |
|
$ |
63,381 |
|
|
|
17.33 |
% |
|
$ |
14,628 |
|
|
|
4.00 |
% |
|
|
N/A |
|
|
|
N/A |
|
| Total Risked Based Capital |
|
|
67,963 |
|
|
|
18.58 |
% |
|
|
29,258 |
|
|
|
8.00 |
% |
|
|
N/A |
|
|
|
N/A |
|
| Tier 1 Leverage |
|
|
63,381 |
|
|
|
10.63 |
% |
|
|
23,846 |
|
|
|
4.00 |
% |
|
|
N/A |
|
|
|
N/A |
|
| First Community Bank |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Tier 1 Capital |
|
$ |
61,588 |
|
|
|
16.87 |
% |
|
$ |
14,605 |
|
|
|
4.00 |
% |
|
$ |
21,907 |
|
|
|
6.00 |
% |
| Total Risked Based Capital |
|
|
66,158 |
|
|
|
18.12 |
% |
|
|
29,209 |
|
|
|
8.00 |
% |
|
|
36,512 |
|
|
|
10.00 |
% |
| Tier 1 Leverage |
|
|
61,588 |
|
|
|
10.34 |
% |
|
|
23,824 |
|
|
|
4.00 |
% |
|
|
29,779 |
|
|
|
5.00 |
% |
|