UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

 

Date of Report (Date of earliest event reported): January 28, 2016

 

 

First Community Corporation

(Exact Name of Registrant As Specified in Its Charter)

 

South Carolina

(State or Other Jurisdiction of Incorporation)

 

000-28344 57-1010751
(Commission File Number) (I.R.S. Employer Identification No.)

 

 

5455 Sunset Blvd, Lexington, South Carolina 29072
(Address of Principal Executive Offices) (Zip Code)

 

 

(803) 951-2265

(Registrant’s Telephone Number, Including Area Code)

 

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

Item 1.02. Termination of a Material Definitive Agreement

 

On January 28, 2016, the Board of Directors of First Community Bank (the “Bank”), the principal bank subsidiary of First Community Corporation, received an Order Terminating Consent Order indicating that the Bank’s Consent Order with the Federal Deposit Insurance Corporation (the “FDIC”) dated February 18, 2015 (the “Consent Order”) was terminated by the FDIC effective January 28, 2016. See the Company’s Current Report on Form 8-K filed on February 18, 2015 for more information regarding the terminated Consent Order.

 

 
 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

  FIRST COMMUNITY CORPORATION
       
       
Dated: February 1, 2016 By:  /s/ Joseph G. Sawyer  
  Name:   Joseph G. Sawyer  
  Title:   Chief Financial Officer