First Community (FCCO) 10-K 14 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 14, 2019	Jun. 30, 2018
Document and Entity Information
Entity Registrant Name	FIRST COMMUNITY CORP /SC/
Entity Central Index Key	0000932781
Document Type	10-K
Trading Symbol	fcco
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 178,249,487
Entity Common Stock, Shares Outstanding		7,663,494
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Ex Transition Period	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 14,328	$ 14,803
Interest-bearing bank balances	17,883	15,186
Federal funds sold and securities purchased under agreements to resell	57	602
Investment securities held-to-maturity	16,174	17,012
Investment securities available-for-sale	237,893	264,824
Other investments, at cost	1,955	2,559
Loans held for sale	3,223	5,093
Loans	718,462	646,805
Less, allowance for loan losses	6,263	5,797
Net loans	712,199	641,008
Property, furniture and equipment - net	34,987	36,103
Bank owned life insurance	25,754	25,413
Other real estate owned	1,460	1,934
Intangible assets	2,006	2,569
Goodwill	14,637	14,589
Other assets	9,039	9,036
Total assets	1,091,595	1,050,731
Deposits:
Non-interest bearing demand	244,686	226,546
Interest bearing	680,837	661,777
Total deposits	925,523	888,323
Securities sold under agreements to repurchase	28,022	19,270
Federal Home Loan Bank advances	231	14,250
Junior subordinated debt	14,964	14,964
Other liabilities	10,358	8,261
Total liabilities	979,098	945,068
SHAREHOLDERS' EQUITY
Preferred stock, par value $1.00 per share; 10,000,000 shares authorized; 0 issued and outstanding
Common stock, par value $1.00 per share; 10,000,000 shares authorized; issued and outstanding 7,638,681 at December 31, 2018 and 7,587,938 at December 31, 2017	7,639	7,588
Common stock warrants issued	31	46
Nonvested restricted stock	(149)	(109)
Additional paid in capital	95,048	94,516
Retained earnings (deficit)	12,262	4,066
Accumulated other comprehensive income (loss)	(2,334)	(444)
Total shareholders' equity	112,497	105,663
Total liabilities and shareholders' equity	$ 1,091,595	$ 1,050,731

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Statement Consolidated Balance Sheets Parenthetical Abstract
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	7,638,681	7,587,938
Common stock, shares outstanding	7,638,681	7,587,938

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Interest income:
Loans, including fees	$ 32,789	$ 26,134	$ 23,677
Investment securities - taxable	4,755	4,001	3,819
Investment securities - non taxable	1,767	1,858	1,905
Other	418	163	105
Total interest income	39,729	32,156	29,506
Interest expense:
Deposits	2,905	1,825	1,818
Securities sold under agreement to repurchase	293	73	42
Other borrowed money	783	864	1,187
Total interest expense	3,981	2,762	3,047
Net interest income	35,748	29,394	26,459
Provision for loan losses	346	530	774
Net interest income after provision for loan losses	35,402	28,864	25,685
Non-interest income:
Deposit service charges	1,769	1,486	1,405
Mortgage banking income	3,895	3,778	3,382
Investment advisory fees and non-deposit commissions	1,683	1,291	1,135
Gain (loss) on sale of securities	(342)	400	601
Gain on sale of other assets	24	235	(33)
Loss on early extinguishment of debt		(447)	(459)
Other	3,615	2,896	2,909
Total non-interest income	10,644	9,639	8,940
Non-interest expense:
Salaries and employee benefits	19,515	16,951	15,323
Occupancy	2,380	2,166	2,167
Equipment	1,513	1,771	1,728
Marketing and public relations	919	901	865
FDIC insurance assessments	375	312	412
Other real estate expense	98	3	201
Amortization of intangibles	563	343	318
Merger expenses		903
Other	6,760	6,008	4,762
Total non-interest expense	32,123	29,358	25,776
Net income before tax	13,923	9,145	8,849
Income tax expense	2,694	3,330	2,167
Net income	$ 11,229	$ 5,815	$ 6,682
Basic earnings per common share (in dollars per share)	$ 1.48	$ 0.85	$ 1.01
Diluted earnings per common share (in dollars per share)	$ 1.45	$ 0.83	$ 0.98

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Consolidated Statements Of Comprehensive Income
Net income	$ 11,229	$ 5,815	$ 6,682
Adjustment to AOCI related to tax legislation
Other comprehensive income (loss):
Unrealized gain (loss) during the period on available for sale securities, net of tax of $930, ($623) and $860, respectively	(2,160)	1,206	(1,670)
Less: Reclassification adjustment for loss (gain) included in net income, net of tax of ($72), $121, and $204, respectively	270	(264)	(397)
Other comprehensive income (loss)	(1,890)	942	(2,067)
Comprehensive income	$ 9,339	$ 6,608	$ 4,615

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement Consolidated Statements Of Comprehensive Income Parenthetical Abstract
Unrealized gain (loss) during the period on available-for-sale securities, taxes	$ 930	$ (623)	$ 860
Reclassification adjustment for (gain) loss included in net income, taxes	$ (72)	$ 121	$ 204

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Common Warrant [Member]	Additional Paid-In Capital [Member]	Nonvested Restricted Stocks [Member]	Retained Earnings (Deficit) [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Beginning Balance at Dec. 31, 2015	$ 6,690	$ 46	$ 75,761	$ (297)	$ (3,992)	$ 830	$ 79,038
Beginning Balance, in shares at Dec. 31, 2015	6,690,000
Net income					6,682		6,682
Other comprehensive income net of tax						(2,067)	(2,067)
Adjustment to AOCI related to tax legislation
Issuance of restricted stock	$ 22		275	(297)
Issuance of restricted stock, in shares	22,000
Amortization of compensation on restricted stock				374			374
Restricted stock shares surrendered	$ (26)		(327)				(353)
Restricted stock shares surrendered, in shares	(26,000)
Exercise of deferred compensation
Issuance of common stock	$ 1		13				14
Issuance of common stock, in shares	1,000
Dividends: Common					(2,117)		(2,117)
Dividend reinvestment plan	$ 21		269				290
Dividend reinvestment plan, in shares	21,000
Ending Balance at Dec. 31, 2016	$ 6,708	46	75,991	(220)	573	(1,237)	81,861
Ending Balance, in shares at Dec. 31, 2016	6,708,000
Net income					5,815		5,815
Other comprehensive income net of tax						942	942
Adjustment to AOCI related to tax legislation					149	(149)
Issuance of restricted stock	$ 5		100	(105)
Issuance of restricted stock, in shares	5,000
Amortization of compensation on restricted stock				207			207
Restricted stock shares surrendered							(408)
Shares forfeited	$ (2)		(27)	9			(20)
Shares forfeited, Shares	(2,000)
Shares retired	$ (19)		(369)				(388)
Shares retired, Shares	(19,000)
Exercise of deferred compensation
Issuance of common stock	$ 877		18,468
Issuance of common stock, in shares	877,000
Dividends: Common					(2,471)		(2,471)
Dividend reinvestment plan	$ 19		353				372
Dividend reinvestment plan, in shares	19,000
Ending Balance at Dec. 31, 2017	$ 7,588	46	94,516	(109)	4,066	(444)	105,663
Ending Balance, in shares at Dec. 31, 2017	7,588,000
Net income					11,229		11,229
Other comprehensive income net of tax						(1,890)	(1,890)
Adjustment to AOCI related to tax legislation
Issuance of restricted stock	$ 11		233	(244)
Issuance of restricted stock, in shares	11,000
Amortization of compensation on restricted stock				204			204
Restricted stock shares surrendered							(57)
Exercise of stock warrants	$ 25	(15)	(10)
Exercise of stock warrants, in shares	25,000
Shares retired	$ (2)		(55)				(57)
Shares retired, Shares	(2,000)
Exercise of deferred compensation	$ 1		18				19
Exercise of deferred compensation, in shares	1,000
Issuance of common stock
Dividends: Common					(3,033)		(3,033)
Dividend reinvestment plan	$ 16		346				362
Dividend reinvestment plan, in shares	16,000
Ending Balance at Dec. 31, 2018	$ 7,639	$ 31	$ 95,048	$ (149)	$ 12,262	$ (2,334)	$ 112,497
Ending Balance, in shares at Dec. 31, 2018	7,639,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net income	$ 11,229	$ 5,815	$ 6,682
Adjustments to reconcile net income to net cash provided in operating activities:
Depreciation	1,519	1,448	1,333
Net premium amortization	2,447	3,270	4,040
Provision for loan losses	346	530	774
Write-down of other real estate owned		39	76
Gain on sale of other real estate owned	4	(235)	33
Origination of loans held-for-sale	(114,959)	(104,200)	(96,489)
Sale of loans held-for-sale	116,829	104,814	93,744
Amortization of intangibles	563	343	318
Gain on sale of securities	342	(400)	(601)
Accretion on acquired loans	(620)	(262)	(880)
Writedown of land held for sale	42	90	25
Loss on extinguishment of debt		447	459
(Gain) loss on sale of fixed assets	(123)
(Increase) decrease in other assets	441	6,495	(5,404)
Increase in accounts payable	2,097	157	1,025
Net cash provided in operating activities	20,157	18,351	5,135
Cash flows from investing activities:
Proceeds from sale of securities available-for-sale	44,299	25,368	33,215
Proceeds from sale of securities held-to-maturity	655
Purchase of investment securities available-for-sale	(64,146)	(30,626)	(66,359)
Purchase of investment securities held-to-maturity
Maturity/call of investment securities available-for-sale	41,564	35,452	38,034
Proceeds from sale of other investments	604	250	486
Increase in loans	(71,266)	(39,944)	(57,456)
Net cash received in business combination		22,385
Proceeds from sale of other real estate owned	816	684	1,781
Proceeds from sale of fixed assets	1,145
Purchase of property and equipment	(1,465)	(3,072)	(1,237)
Purchase of BOLI		(1,500)
Net cash used in investing activities	(47,794)	8,997	(51,536)
Cash flows from financing activities:
Increase in deposit accounts	37,290	(4,868)	50,403
Advances from the Federal Home Loan Bank	79,000	26,000	73,593
Repayment of advances from Federal Home Loan Bank	(93,019)	(36,273)	(74,865)
Increase (decrease) in securities sold under agreements to repurchase	8,752	(1,106)	(1,506)
Deferred compensation shares	19
Restricted shares surrendered	(57)	(408)	(353)
Issuance of common stock			14
Dividend reinvestment plan	362	372	290
Dividends paid: Common Stock	(3,033)	(2,471)	(2,117)
Net cash provided from (used in) financing activities	29,314	(18,756)	45,459
Net increase in cash and cash equivalents	1,677	8,592	(942)
Cash and cash equivalents at beginning of period	30,591	21,999	22,941
Cash and cash equivalents at end of period	32,268	30,591	21,999
Cash paid during the period for:
Interest	3,592	2,796	3,097
Income taxes	2,215	1,895	1,345
Non-cash investing and financing activities:
Unrealized (loss) gain on securities available-for-sale, net of tax	(1,890)	942	(2,067)
Transfer of loans to foreclosed property	$ 346	$ 1,275	$ 579

BASIS OF PRESENTATION

BASIS OF PRESENTATION	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	Note 1—ORGANIZATION AND BASIS OF PRESENTATION The consolidated financial statements include the accounts of First Community Corporation (the “Company”) and its wholly owned subsidiary, First Community Bank (the “Bank”). The Company owns all of the common stock of FCC Capital Trust I. All material intercompany transactions are eliminated in consolidation. The Company was organized on November 2, 1994, as a South Carolina corporation, and was formed to become a bank holding company. The Bank opened for business on August 17, 1995. FCC Capital Trust I is an unconsolidated special purpose subsidiary organized for the sole purpose of issuing trust preferred securities.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Note 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The financial statements are prepared in accordance with accounting principles generally accepted in the United States of America. These principles require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses. The estimation process includes management’s judgment as to future losses on existing loans based on an internal review of the loan portfolio, including an analysis of the borrower’s current financial position, the consideration of current and anticipated economic conditions and the effect on specific borrowers. In determining the collectability of loans management also considers the fair value of underlying collateral. Various regulatory agencies, as an integral part of their examination process, review the Company’s allowance for loan losses. Such agencies may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination. Because of these factors it is possible that the allowance for loan losses could change materially. Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand, due from banks, interest-bearing bank balances, federal funds sold and securities purchased under agreements to resell. Generally federal funds are sold for a one-day period and securities purchased under agreements to resell mature in less than 90 days. Investment Securities Investment securities are classified as either held-to-maturity, available-for-sale or trading securities. In determining such classification, securities that the Company has the positive intent and ability to hold to maturity are classified as held-to maturity and are carried at amortized cost. Securities classified as available-for-sale are carried at estimated fair values with unrealized gains and losses included in shareholders’ equity on an after tax basis. Trading securities are carried at estimated fair value with unrealized gains and losses included in non-interest income (See Note 4). Gains and losses on the sale of available-for-sale securities and trading securities are determined using the specific identification method. Declines in the fair value of individual held-to-maturity and available-for-sale securities below their cost that are judged to be other than temporary are written down to fair value and charged to income in the Consolidated Statement of Income. Premiums and discounts are recognized in interest income using the interest method over the period to maturity. Mortgage Loans Held for S The Company originates fixed rate residential loans on a servicing released basis in the secondary market. Loans closed but not yet settled with an investor, are carried in the Company’s loans held for sale portfolio. These loans are primarily fixed rate residential loans that have been originated in the Company’s name and have closed. Virtually all of these loans have commitments to be purchased by investors at a locked in price with the investors on the same day that the loan was locked in with the Company’s customers. Therefore, these loans present very little market risk for the Company. The Company usually delivers to, and receives funding from, the investor within 30 days. Commitments to sell these loans to the investor are considered derivative contracts and are sold to investors on a “best efforts” basis. The Company is not obligated to deliver a loan or pay a penalty if a loan is not delivered to the investor. As a result of the short-term nature of these derivative contracts, the fair value of the mortgage loans held for sale in most cases is the same as the value of the loan amount at its origination . Loans and Allowance for Loan Losses Loan receivables that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are reported at their outstanding principal balance adjusted for any charge-offs, the allowance for loan losses, and any deferred fees or costs on originated loans. Interest is recognized over the term of the loan based on the loan balance outstanding. Fees charged for originating loans, if any, are deferred and offset by the deferral of certain direct expenses associated with loans originated. The net deferred fees are recognized as yield adjustments by applying the interest method. The allowance for loan losses is maintained at a level believed to be adequate by management to absorb potential losses in the loan portfolio. Management’s determination of the adequacy of the allowance is based on an evaluation of the portfolio, past loss experience, economic conditions and volume, growth and composition of the portfolio. The Company considers a loan to be impaired when, based upon current information and events, it is believed that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Loans that are considered impaired are accounted for at the lower of carrying value or fair value. The accrual of interest on impaired loans is discontinued when, in management’s opinion, the borrower may be unable to meet payments as they become due, generally when a loan becomes 90 days past due. When interest accrual is discontinued, all unpaid accrued interest is reversed. Interest income is subsequently recognized only to the extent cash payments are received first to principal and then to interest income. Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the asset’s estimated useful life. Estimated lives range up to 39 years for buildings and up to 10 years for furniture, fixtures and equipment. Goodwill and Other Intangible Assets Goodwill represents the cost in excess of fair value of net assets acquired (including identifiable intangibles) in purchase transactions. Other intangible assets represent premiums paid for acquisitions of core deposits (core deposit intangibles). Core deposit intangibles are being amortized on a straight-line basis over seven years. Goodwill and identifiable intangible assets are reviewed for impairment annually or whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. The annual valuation is performed on September 30 of each year. Other Real Estate Owned Other real estate owned includes real estate acquired through foreclosure. Other real estate owned is carried at the lower of cost (principal balance at date of foreclosure) or fair value minus estimated cost to sell. Any write-downs at the date of foreclosure are charged to the allowance for loan losses. Expenses to maintain such assets, subsequent changes in the valuation allowance, and gains or losses on disposal are included in other expenses. Comprehensive Income (loss) The Company reports comprehensive income (loss) in accordance with Accounting Standards Codification (“ASC”) 220, “Comprehensive Income.” ASC 220 requires that all items that are required to be reported under accounting standards as comprehensive income (loss) be reported in a financial statement that is displayed with the same prominence as other financial statements. The disclosures requirements have been included in the Company’s consolidated statements of comprehensive income. Mortgage Origination Fees Mortgage origination fees relate to activities comprised of accepting residential mortgage applications, qualifying borrowers to standards established by investors and selling the mortgage loans to the investors under pre-existing commitments. The related fees received by the Company for these services are recognized at the time the loan is closed. Advertising Expense Advertising and public relations costs are generally expensed as incurred. External costs incurred in producing media advertising are expensed the first time the advertising takes place. External costs relating to direct mailing costs are expensed in the period in which the direct mailings are sent. Advertising expense totaled $919 thousand, $901 thousand and $820 thousand for the years ended December 31, 2018, 2017, and 2016, respectively. Income Taxes A deferred income tax liability or asset is recognized for the estimated future effects attributable to differences in the tax bases of assets or liabilities and their reported amounts in the financial statements as well as operating loss and tax credit carry forwards. The deferred tax asset or liability is measured using the enacted tax rate expected to apply to taxable income in the period in which the deferred tax asset or liability is expected to be realized. In 2006, the FASB issued guidance related to Accounting for Uncertainty in Income Taxes. This guidance clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements in accordance with FASB ASC Topic 740-10, “Income Taxes.” It also prescribes a recognition threshold and measurement of a tax position taken or expected to be taken in an enterprise’s tax return. Stock Based Compensation Cost The Company accounts for stock based compensation under the fair value provisions of the accounting literature. Compensation expense is recognized in salaries and employee benefits. The fair value of each grant is estimated on the date of grant using the Black-Sholes option pricing model. No options were granted in 2018, 2017 or 2016. Earnings Per Common Share Basic earnings per common share (“EPS”) excludes dilution and is computed by dividing income available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income available to common shareholders by the weighted average number of shares of common stock and common stock equivalents. Common stock equivalents consist of stock options and warrants and are computed using the treasury stock method. Business Combinations and Method of Accounting for Loans Acquired The Company accounts for its acquisitions under FASB ASC Topic 805, “ Business Combinations Fair Value Measurements and Disclosures.” Acquired credit-impaired loans are accounted for under the accounting guidance for loans and debt securities acquired with deteriorated credit quality, found in FASB ASC Topic 310-30, “ Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality,” Accounting for Certain Loans or Debt Securities Acquired in a Transfer Segment Information ASC Topic 280-10, “ Segment Reporting Recently Issued Accounting Standards In May 2014, the FASB issued guidance (ASU 2014-09) to change the recognition of revenue from contracts with customers. The core principle of the new guidance is that an entity recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. The guidance is effective for the Company as of January 1, 2018. The Company evaluated the overall impact on affected revenue streams and any related contracts, including asset management fees, gains and losses on the sale of real estate, deposit related fees and interchange fees. Based on this evaluation, the Company determined that ASU 2014-09 did not materially change the method in which revenue from impacted revenue streams was previously being recognized. The Company applied the guidance using a modified retrospective approach. This approach requires the application of the new guidance to uncompleted contracts at the date of adoption. Periods prior to the date of adoption were not retrospectively revised as the impact on uncompleted contracts at the date of adoption was not material. In January 2016, the FASB amended the Financial Instruments topic of the Accounting Standards Codification (ASU 2016-01) to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The amendments were effective for the Company on January 1, 2018. The guidance affects the accounting for equity investments, financial liabilities under the fair value option, and the presentation and disclosure of financial instruments. The amendments related to equity securities without readily determinable fair values were applied prospectively to equity investments that exist as of the date of adoption of the amendments. ASU 2016-01 requires the use of exit price rather than entrance price in determining the fair value of loans not measured at fair value on a non-recurring basis in the consolidated balance sheets. See Note 6 - Fair Value of Financial Instruments for information regarding the change in the valuation of these loans. The adoption of ASU 2016-01 did not have a material impact on the Company’s financial statements. In June 2016, the FASB issued guidance to change the accounting for credit losses and modify the impairment model for certain debt securities. The amendments will be effective for the Company for reporting periods beginning after December 15, 2019. Early adoption is permitted for all organizations for periods beginning after December 15, 2018. The Company is currently evaluating the effect that implementation of the new standard will have on its financial position, results of operations, and cash flows. In August 2016, the FASB amended the Statement of Cash Flows topic of the ASC to clarify how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments are effective for the Company for fiscal years beginning after December 15, 2017 including interim periods within those fiscal years. These amendments had no material effect on the Company’s financial statements. In January 2017, the FASB issued guidance to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendment to the Business Combinations Topic is intended to address concerns that the existing definition of a business has been applied too broadly and has resulted in many transactions being recorded as business acquisitions that in substance are more akin to asset acquisitions. The guidance was effective for the Company for reporting periods beginning after December 15, 2017. These amendments had no material effect on the Company’s financial statements. In January 2017, the FASB amended the Goodwill and Other Topic of the ASC to simplify the accounting for goodwill impairment for public business entities and other entities that have goodwill reported in their financial statements and have not elected the private company alternative for the subsequent measurement of goodwill. The amendment removes Step 2 of the goodwill impairment test. Goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The effective date and transition requirements for the technical corrections will be effective for the Company for reporting periods beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not expect these amendments to have a material effect on its financial statements. In March 2017, the FASB amended the requirements in the Receivables—Nonrefundable Fees and Other Costs Topic of the ASC related to the amortization period for certain purchased callable debt securities held at a premium. The amendments shorten the amortization period for the premium to the earliest call date. The amendments became effective for the Company for interim and annual periods beginning after December 15, 2018. The Company does not expect these amendments to have a material effect on its financial statements. In September 2017, the FASB updated the Revenue from Contracts with Customers and the Leases Topics of the ASC. The amendments incorporate into the ASC recent SEC guidance about certain public business entities (PBEs) electing to use the non-PBE effective dates solely to adopt the FASB’s new standards on revenue and leases. The amendments were effective upon issuance and did not have a material effect on the Company’s financial statements. In November 2017, the FASB updated the Income Statement and Revenue from Contracts with Customers Topics of the ASC. The amendments incorporate into the ASC recent SEC guidance related to revenue recognition. The amendments were effective upon issuance and did not have a material effect on the Company’s financial statements. In March 2018, the FASB updated the Debt Securities and the Regulated Operations Topics of the ASC. The amendments incorporate into the Accounting Standards Codification recent SEC guidance which was issued in order to make the relevant interpretive guidance consistent with current authoritative accounting and auditing guidance and SEC rules and regulations. The amendments were effective upon issuance and did not have a material effect on the financial statements. In March 2018, the FASB updated the Income Taxes Topic of the ASC. The amendments incorporate into the ASC recent SEC guidance related to the income tax accounting implications of the Tax Cuts and Jobs Act. The amendments were effective upon issuance and did not have a material effect on the Company’s financial statements. In May 2018, the FASB amended the Financial Services—Depository and Lending Topic of the ASC to remove outdated guidance related to Circular 202. The amendments were effective upon issuance and did not have a material effect on the Company’s financial statements. In July 2018, the FASB amended the Leases Topic of the ASC to make narrow amendments to clarify how to apply certain aspects of the new leases standard. Additionally, amendments were made to give entities another option for transition and to provide lessors with a practical expedient. The amendments are effective for reporting periods beginning after December 15, 2018. The Company does not expect these amendments to have a material effect on its financial statements. In August 2018, the FASB amended the Fair Value Measurement Topic of the ASC. The amendments remove, modify, and add certain fair value disclosure requirements based on the concepts in the FASB Concepts Statement, Conceptual Framework for Financial Reporting—Chapter 8: Notes to Financial Statements. The amendments are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted. An entity is permitted to early adopt any removed or modified disclosures upon issuance of this ASU and delay adoption of the additional disclosures until their effective date. The Company does not expect these amendments to have a material effect on its financial statements. In August 2018, the FASB amended the Intangibles—Goodwill and Other Topic of the ASC to align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The amendments will be effective for the Company for fiscal years beginning after December 15, 2019. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In October 2018, the FASB amended the Derivatives and Hedging Topic of the ASC to expand the list of U.S. benchmark interest rates permitted in the application of hedge accounting. The amendments will be effective for the Company for fiscal years beginning after December 15, 2018. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In October 2018, the FASB amended the Consolidation topic of the ASC for determining whether a decision-making fee is a variable interest. The amendments require organizations to consider indirect interests held through related parties under common control on a proportional basis rather than as the equivalent of a direct interest in its entirety. The amendments will be effective for the Company for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted. The Company will apply a full retrospective approach in which financial statements for each individual prior period presented and the opening balances of the earliest period presented are adjusted to reflect the period-specific effects of applying the amendments. The Company does not expect these amendments to have a material effect on its financial statements. In November 2018, the FASB amended the Collaborative Arrangements Topic of the ASC to clarify the interaction between the guidance for certain collaborative arrangements and the new revenue recognition financial accounting and reporting standard. The amendments will be effective for the Company for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In December 2018, the FASB issued guidance that providing narrow-scope improvements for lessors, that provides relief in the accounting for sales, use and similar taxes, the accounting for other costs paid by a lessee that may benefit a lessor, and variable payments when contracts have lease and non-lease components. The amendments became effective for the Company for reporting periods beginning after December 15, 2018. The Company does not expect these amendments to have a material effect on its financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows. Risk and Uncertainties In the normal course of business, the Company encounters two significant types of risks: economic and regulatory. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk to the degree that its interest-bearing liabilities mature or reprice at different speeds, or on a different basis, than its interest-earning assets. Credit risk is the risk of default on the Company’s loan and investment portfolios that results from borrowers’ or issuer’s inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of collateral underlying loans and investments and the valuation of real estate held by the Company. The Company is subject to regulations of various governmental agencies (regulatory risk). These regulations can and do change significantly from period to period. The Company also undergoes periodic examinations by the regulatory agencies, which may subject it to further changes with respect to asset valuations, amounts of required loan loss allowances and operating restrictions from regulators’ judgments based on information available to them at the time of their examination. Reclassifications Certain captions and amounts in the 2016 and 2017 consolidated financial statements were reclassified to conform to the 2018 presentation.

MERGERS AND ACQUISITIONS

MERGERS AND ACQUISITIONS	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
MERGERS AND ACQUISITIONS	Note 3—MERGERS AND ACQUISITIONS On October 20, 2017, the Company acquired all of the outstanding common stock of Cornerstone Bancorp headquartered in Easley, South Carolina (“Cornerstone”) the bank holding company for Cornerstone National Bank (“CNB”), in a cash and stock transaction. The total purchase price was approximately $27.1 million, consisting of $7.8 million in cash and 877,364 shares of the Company’s common stock valued at $19.3 million based on a provision in the merger agreement that 30% of the outstanding shares of Cornerstone common stock be exchanged for cash and 70% of the outstanding shares of Cornerstone common stock be exchanged for shares of the Company’s common stock. The value of the Company’s common stock issued was determined based on the closing price of the common stock on October 19, 2017 as reported by NASDAQ, which was $22.05. Cornerstone common shareholders received 0.54 shares of the Company’s common stock in exchange for each share of Cornerstone common stock, or $11.00 per share, subject to the limitations discussed above. The Company issued 877,364 shares of its common stock in connection with the merger. The Cornerstone transaction was accounted for using the acquisition method of accounting and, accordingly, assets acquired, liabilities assumed and consideration exchanged were recorded at estimated fair value on the acquisition date based on a third party valuation of significant accounts. Fair values are subject to refinement for up to a year. The following table presents the assets acquired and liabilities assumed as of October 20, 2017 as recorded by the Company on the acquisition date and initial fair value adjustments. As Recorded by Fair Value As Recorded (Dollars in thousands, except per share data) Cornerstone Adjustments by the Company Assets Cash and cash equivalents $ 30,060 $ — $ 30,060 Investment securities 44,018 (358 )(a) 43,660 Loans 60,835 (734 )(b) 60,101 Premises and equipment 4,164 573 (c) 4,737 Intangible assets — 1,810 (d) 1,810 Bank owned life insurance 2,384 — 2,384 Other assets 3,082 (452 )(e) 2,630 Total assets $ 144,543 $ 839 $ 145,382 Liabilities Deposits: Noninterest-bearing $ 27,296 $ — $ 27,296 Interest-bearing 99,152 150 (f) 99,302 Total deposits 126,448 150 126,598 Securities sold under agreements to repurchase 849 — 849 Other liabilities 320 96 (g) 416 Total liabilities 127,617 246 127,863 Net identifiable assets acquired over liabilities assumed 16,926 593 17,519 Goodwill — 9,558 9,558 Net assets acquired over liabilities assumed $ 16,926 $ 10,151 $ 27,077 Consideration: First Community Corporation common shares issued 877,364 Purchase price per share of the Company’s common stock $ 22.05 $ 19,346 Cash exchanged for stock and fractional shares 7,731 Fair value of total consideration transferred $ 27,077 (a)—Adjustment reflects marking the securities portfolio to fair value as of the acquisition date. (b)—Adjustment reflects the fair value adjustments based on the Company’s evaluation of the acquired loan portfolio and excludes the allowance for loan losses recorded by Cornerstone. (c)—Adjustment reflects the fair value adjustments based on the Company’s evaluation of the acquired premises and equipment. (d)—Adjustment reflects the recording of the core deposit intangible on the acquired deposit accounts. (e)—Adjustment reflects the deferred tax adjustment related to fair value adjustments at 34%. (f)—Adjustment reflects the fair value adjustment on interest-bearing deposits. The operating results of the Company for the period ended December 31, 2017 include the operating results of the acquired assets and assumed liabilities for the 72 days subsequent to the acquisition date of October 20, 2017. Merger-related charges related to the Cornerstone acquisition of $945 thousand are recorded in the consolidated statement of income and include incremental costs related to closing the acquisition, including legal, accounting and auditing, investment banker, travel, printing, supplies and other costs. The following table discloses the impact of the merger with Cornerstone (excluding the impact of merger-related expenses) since the acquisition on October 20, 2017 through December 31, 2017. The table also presents certain pro forma information as if Cornerstone had been acquired on January 1, 2017 and January 1, 2016. These results combine the historical results of Cornerstone in the Company’s consolidated statement of income and, while certain adjustments were made for the estimated impact of certain fair value adjustments and other acquisition-related activity, they are not indicative of what would have occurred had the acquisition taken place on January 1, 2017 or January 1, 2016. Pro Forma Pro Forma Twelve Months Twelve Months (Dollars in thousands) Ended Ended Total revenues (net interest income plus noninterest income) $ 43,602 $ 41,300 Net income $ 6,791 $ 7,750

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	Note 4—INVESTMENT SECURITIES The amortized cost and estimated fair values of investment securities are summarized below: AVAILABLE-FOR-SALE: Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2018 US Treasury securities $ 15,488 $ 9 $ 40 $ 15,457 Government Sponsored Enterprises 1,096 6 2 1,100 Mortgage-backed securities 117,862 73 2,460 115,475 Small Business Administration pools 55,784 247 695 55,336 State and local government 50,599 619 712 50,506 Corporate and other securities 19 — — 19 $ 240,848 $ 954 $ 3,909 $ 237,893 Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2017 US Treasury securities $ 1,529 $ — $ 24 $ 1,505 Government Sponsored Enterprises 1,085 24 — 1,109 Mortgage-backed securities 145,185 285 1,702 143,768 Small Business Administration pools 61,544 374 330 61,588 State and local government 55,111 1,309 416 56,004 Corporate and other securities 932 — 82 850 $ 265,386 $ 1,992 $ 2,554 $ 264,824 HELD-TO-MATURITY Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2018 State and local government $ 16,174 $ 50 $ 40 $ 16,184 $ 16,174 $ 50 $ 40 $ 16,184 Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2017 State and local government $ 17,012 $ 223 $ 15 $ 17,220 $ 17,012 $ 223 $ 15 $ 17,220 At December 31, 2018, corporate and other securities available-for-sale included the following at fair value: mutual funds at $7.1 thousand and foreign debt of $10.0 thousand. At December 31, 2017, corporate and other securities available-for-sale included the following at fair value: mutual funds at $790.0 thousand and foreign debt of $60.0 thousand. Other investments, at cost, include Federal Home Loan Bank (“FHLB”) stock in the amount of $955.0 thousand and corporate stock in the amount of $1.0 million at December 31, 2018. The Company held $1.6 million of FHLB stock and $1.0 million in corporate stock at December 31, 2017. For the year ended December 31, 2018, proceeds from the sale of securities available-for-sale amounted to $44.3 million, gross realized gains amounted to $274 thousand and gross realized losses amounted to $616 thousand. For the year ended December 31, 2018, the Company received proceeds of $655 thousand and gross unrealized loss of $4.0 thousand for the sale of an investment security held-to-maturity. For the year ended December 31, 2017, proceeds from the sale of securities available-for-sale amounted to $25.3 million, gross realized gains amounted to $422 thousand and gross realized losses amounted to $22 thousand. For the year ended December 31, 2016, proceeds from the sale of securities available-for-sale amounted to $32.2 million, gross realized gains amounted to $601 thousand and there were no gross realized losses. The tax (benefit) provision applicable to the net realized gain was approximately ($72) thousand, $121 thousand, and $204 thousand for 2018, 2017 and 2016, respectively. The amortized cost and fair value of investment securities at December 31, 2018, by expected maturity, follow. Expected maturities differ from contractual maturities because borrowers may have the right to call or prepay the obligations with or without prepayment penalties. Mortgage-backed securities are included in the year corresponding with the remaining expected life. (Dollars in thousands) Available-for-sale Held-to-maturity Amortized Fair Amortized Fair Cost Value Cost Value Due in one year or less $ 15,060 $ 15,035 $ — $ — Due after one year through five years 121,134 119,721 491 491 Due after five years through ten years 97,095 95,656 8,674 8,676 Due after ten years 7,559 7,481 7,009 7,017 $ 240,848 $ 237,893 $ 16,174 $ 16,184 Securities with an amortized cost of $118.4 million and fair value of $116.2 million at December 31, 2018 were pledged to secure FHLB advances, public deposits, and securities sold under agreements to repurchase. Securities with an amortized cost of $101.2 million and fair value of $100.2 million at December 31, 2017 were pledged to secure FHLB advances, public deposits, and securities sold under agreements to repurchase. The following tables show gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position at December 31, 2018 and December 31, 2017. Less than 12 months 12 months or more Total December 31, 2018 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Available-for-sale securities: US Treasury $ 8,355 $ 10 $ 1,488 $ 30 $ 9,843 $ 40 Government Sponsored Enterprise — — 122 2 122 2 Mortgage-Backed Securities 13,917 120 89,870 2,339 103,787 2,459 Small Business Administration pools 16,400 211 20,330 484 36,730 695 State and local government 9,517 52 15,598 660 25,115 712 Corporate bonds and other 7 1 — — 7 1 Total $ 48,196 $ 394 $ 127,408 $ 3,515 $ 175,604 $ 3,909 Less than 12 months 12 months or more Total December 31, 2018 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Held-to-maturity securities: State and local government $ 2,843 $ 14 $ 4,899 $ 26 $ 7,742 $ 40 Total $ 2,843 $ 14 $ 4,899 $ 26 $ 7,742 $ 40 Less than 12 months 12 months or more Total December 31, 2017 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Available-for-sale securities: US Treasury $ — $ — $ 1,505 $ 24 $ 1,505 $ 24 Government Sponsored Enterprise mortgage-backed securities 50,377 420 46,071 1,282 96,448 1,702 Small Business Administration pools 17,607 164 16,311 166 33,918 330 State and local government 3,639 15 12,990 401 16,629 416 Corporate bonds and other — — 790 82 790 82 Total $ 71,623 $ 599 $ 77,667 $ 1,955 $ 149,290 $ 2,554 Less than 12 months 12 months or more Total December 31, 2017 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Held-to-maturity securities: State and local government $ 2,899 $ 15 $ — $ — $ 2,899 $ 15 Total $ 2,899 $ 15 $ — $ — $ 2,899 $ 15 Government Sponsored Enterprise, Mortgage-Backed Securities: Non-agency Mortgage Backed Securities: During the years ended December 31, 2018, December 31, 2017 and December 31, 2016, no OTTI charges were recorded in earnings for the PLMBS portfolio. At December 31, 2018 the Company does not own any securities rated below investment grade. State and Local Governments and Other:

LOANS

LOANS	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
LOANS	Note 5—LOANS Loans summarized by category are as follows: December 31, (Dollars in thousands) 2018 2017 Commercial, financial and agricultural $ 53,933 $ 51,040 Real estate: Construction 58,440 45,401 Mortgage-residential 52,764 46,901 Mortgage-commercial 513,833 460,276 Consumer: Home equity 29,583 32,451 Other 9,909 10,736 Total $ 718,462 $ 646,805 Activity in the allowance for loan losses was as follows: Years ended December 31, (Dollars in thousands) 2018 2017 2016 Balance at the beginning of year $ 5,797 $ 5,214 $ 4,596 Provision for loan losses 346 530 774 Charged off loans (164 ) (173 ) (239 ) Recoveries 284 226 83 Balance at end of year $ 6,263 $ 5,797 $ 5,214 The detailed activity in the allowance for loan losses and the recorded investment in loans receivable as of and for the years ended December 31, 2018, December 31, 2017 and December 31, 2016 follows: (Dollars in thousands) Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer Commercial Construction Residential Commercial Home equity Other Unallocated Total 2018 Allowance for loan losses: Beginning balance $ 221 $ 101 $ 461 $ 3,077 $ 308 $ 35 $ 1,594 $ 5,797 Charge-offs — — (1 ) — (23 ) (140 ) — (164 ) Recoveries 3 — 4 210 6 61 — 284 Provisions 206 (12 ) (33 ) 1,031 (30 ) 132 (948 ) 346 Ending balance $ 430 $ 89 $ 431 $ 4,318 $ 261 $ 88 $ 646 $ 6,263 Ending balances: Individually evaluated for impairment $ — $ — $ — $ 14 $ — $ — $ — $ 14 Collectively evaluated for impairment 430 89 431 4,304 261 88 646 6,249 Loans receivable: Ending balance-total $ 53,933 $ 58,440 $ 52,764 $ 513,833 $ 29,583 $ 9,909 $ — $ 718,462 Ending balances: Individually evaluated for impairment — — 322 4,030 29 — — 4,381 Collectively evaluated for impairment 53,933 58,440 52,442 509,803 29,554 9,909 — 714,081 (Dollars in thousands) Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer Commercial Construction Residential Commercial Home equity Other Unallocated Total 2017 Allowance for loan losses: Beginning balance $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Charge-offs (5 ) — — (30 ) (7 ) (131 ) — (173 ) Recoveries 5 — 5 172 24 20 — 226 Provisions 76 (3 ) 18 142 138 19 140 530 Ending balance $ 221 $ 101 $ 461 $ 3,077 $ 308 $ 35 $ 1,594 $ 5,797 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 25 $ — $ — $ — $ 27 Collectively evaluated for impairment 221 101 459 3,052 308 35 1,594 5,770 Loans receivable: Ending balance-total $ 51,040 $ 45,401 $ 46,901 $ 460,276 $ 32,451 $ 10,736 $ — $ 646,805 Ending balances: Individually evaluated for impairment — — 413 4,742 — — — 5,155 Collectively evaluated for impairment 51,040 45,401 46,488 455,534 32,451 10,736 — 641,650 (Dollars in thousands) Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer Commercial Construction Residential Commercial Home equity Other Unallocated Total 2016 Allowance for loan losses: Beginning balance $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — (11 ) (136 ) (20 ) (72 ) — (239 ) Recoveries 5 — 40 21 3 14 — 83 Provisions 65 53 186 872 43 148 (593 ) 774 Ending balance $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 4 $ — $ — $ — $ 6 Collectively evaluated for impairment 145 104 436 2,789 153 127 1,454 5,208 Loans receivable: Ending balance-total $ 42,704 $ 45,746 $ 47,472 $ 371,112 $ 31,368 $ 8,307 $ — $ 546,709 Ending balances: Individually evaluated for impairment — — 639 5,124 56 — — 5,819 Collectively evaluated for impairment 42,704 45,746 46,833 365,988 31,312 8,307 — 540,890 At December 31, 2018, $57.3 million of loans acquired in the Cornerstone acquisition were excluded in the evaluation of the adequacy of the allowance for loan losses. These loans were recorded at fair value at acquisition which included a credit component of approximately $1.5 million. Loans acquired prior to 2017 have been included in the evaluation of the allowance for loan losses. Related party loans are made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with unrelated persons and generally do not involve more than the normal risk of collectability. The following table presents related party loan transactions for the years ended December 31, 2018 and December 31, 2017. (Dollars in thousands) For the years ended December 31, 2018 2017 Balance, beginning of year $ 5,938 $ 6,492 New Loans 778 545 Less loan repayments 779 1,099 Balance, end of year $ 5,937 $ 5,938 The following table presents at December 31, 2018, 2017 and 2016, loans individually evaluated and considered impaired under FASB ASC 310 “Accounting by Creditors for Impairment of a Loan.” Impairment includes performing troubled debt restructurings. December 31, (Dollars in thousands) 2018 2017 2016 Total loans considered impaired at year end $ 4,381 $ 5,155 $ 5,819 Loans considered impaired for which there is a related allowance for loan loss: Outstanding loan balance $ 453 $ 1,696 $ 224 Related allowance $ 14 $ 27 $ 6 Loans considered impaired and previously written down to fair value $ 3,928 $ 3,485 $ 5,595 Average impaired loans $ 4,128 $ 5,513 $ 8,727 Amount of interest earned during period of impairment $ 160 $ 132 $ 112 The following tables are by loan category and present at December 31, 2018, December 31, 2017 and December 31, 2016 loans individually evaluated and considered impaired under FASB ASC 310, “Accounting by Creditors for Impairment of a Loan.” Impairment includes performing troubled debt restructurings. (Dollars in thousands) December 31, 2018 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — Real estate: Construction — — — — — Mortgage-residential 322 371 — 483 9 Mortgage-commercial 3,577 6,173 — 3,232 128 Consumer: Home Equity 29 30 — 33 2 Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential — — — — — Mortgage-commercial 453 453 14 380 21 Consumer: Home Equity — — — — — Other — — — — — Total: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 322 371 — 483 9 Mortgage-commercial 4,030 6,626 14 3,612 149 Consumer: Home Equity 29 30 — 33 2 Other — — — — — $ 4,381 $ 7,027 $ 14 $ 4,128 $ 160 (Dollars in thousands) December 31, 2017 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — Real estate: Construction — — — — — Mortgage-residential 371 437 — 399 — Mortgage-commercial 3,087 5,966 — 3,420 13 Consumer: Home Equity — — — — — Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 42 42 2 43 2 Mortgage-commercial 1,654 2,261 25 1,652 117 Consumer: Home Equity — — — — — Other — — — — — Total: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 413 479 2 442 2 Mortgage-commercial 4,742 8,227 25 5,072 130 Consumer: Home Equity — — — — — Other — — — — — $ 5,155 $ 8,706 $ 27 $ 5,513 $ 132 (Dollars in thousands) December 31, 2016 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — Real estate: Construction — — — — — Mortgage-residential 593 603 — 660 — Mortgage-commercial 4,946 6,821 — 7,777 98 Consumer: Home Equity 56 56 — 56 — Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 46 46 2 48 2 Mortgage-commercial 178 178 4 186 12 Consumer: Home Equity — — — — — Other — — — — — Total: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 639 649 2 708 2 Mortgage-commercial 5,124 6,999 4 7,963 110 Consumer: Home Equity 56 56 — 56 — Other — — — — — $ 5,819 $ 7,704 $ 6 $ 8,727 $ 112 The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. This analysis is performed on a monthly basis. The Company uses the following definitions for risk ratings: Special Mention. Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Special mention assets are not adversely classified and do not expose an institution to sufficient risk to warrant adverse classification. Substandard. Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be “Pass” rated loans. As of December 31, 2018 and December 31, 2017, and based on the most recent analysis performed, the risk category of loans by class of loans is shown in the table below. As of December 31, 2018 and December 31, 2017, no loans were classified as doubtful. (Dollars in thousands) December 31, 2018 Special Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 53,709 $ 224 $ — $ — $ 53,933 Real estate: Construction 58,440 — — — 58,440 Mortgage – residential 51,286 633 845 — 52,764 Mortgage – commercial 505,493 5,176 3,164 — 513,833 Consumer: Home Equity 28,071 1,197 315 — 29,583 Other 9,907 — 2 — 9,909 Total $ 706,906 $ 7,230 $ 4,326 $ — $ 718,462 (Dollars in thousands) December 31, 2017 Special Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 50,680 $ 179 $ 181 $ — $ 51,040 Real estate: Construction 45,401 — — — 45,401 Mortgage – residential 45,343 720 838 — 46,901 Mortgage – commercial 446,531 7,698 6,047 — 460,276 Consumer: Home Equity 30,618 1,524 309 — 32,451 Other 10,731 — 5 — 10,736 Total $ 629,304 $ 10,121 $ 7,380 $ — $ 646,805 At December 31, 2018 and 2017, non-accrual loans totaled $2.5 million and $3.3 million, respectively. The gross interest income which would have been recorded under the original terms of the non-accrual loans amounted to $218 thousand and $230 thousand in 2018 and 2017, respectively. Interest recorded on non-accrual loans in 2018 and 2017 amounted to $38 thousand and $8 thousand, respectively. Troubled debt restructurings (“TDRs”) that are still accruing are included in impaired loans at December 31, 2018 and 2017 amounted to $2.0 million and $1.8 million, respectively. Interest earned during 2018 and 2017 on these loans amounted to $132 thousand and $132 thousand, respectively. There were loans of $31.2 thousand and $32.0 thousand that were greater than 90 days delinquent and still accruing interest as of December 31, 2018 and December 31, 2017, respectively. The following tables are by loan category and present loans past due and on non-accrual status as of December 31, 2018 and December 31, 2017: (Dollars in thousands) 30-59 60-89 Days Greater than Nonaccrual Total Past Current Total Loans Commercial $ 18 $ 8 $ — $ — $ 26 $ 53,907 $ 53,933 Real estate: Construction — — — — — 58,440 58,440 Mortgage-residential 110 163 — 284 557 52,207 52,764 Mortgage-commercial 1,302 — — 2,232 3,534 510.299 513,833 Consumer: Home equity 146 11 31 29 217 29,366 29,583 Other 14 55 — — 69 9,840 9,909 Total $ 1,590 $ 237 $ 31 $ 2,545 $ 4,403 $ 714,059 $ 718,462 (Dollars in thousands) 30-59 Days 60-89 Days Greater than Nonaccrual Total Past Current Total Loans Commercial $ 26 $ — $ 32 $ — $ 58 $ 50,982 $ 51,040 Real estate: Construction — — — — — 45,401 45,401 Mortgage-residential 109 38 — 371 518 46,383 46,901 Mortgage-commercial 290 828 — 2,971 4,089 456,187 460,276 Consumer: Home equity 805 36 — — 841 31,610 32,451 Other 1 5 — — 6 10,730 10,736 Total $ 1,231 $ 907 $ 32 $ 3,342 $ 5,512 $ 641,293 $ 646,805 There were no loans determined to be TDR’s during the twelve month period ended December 31, 2018. The following table, by loan category, presents loans determined to be TDRs during the twelve month period ended December 31, 2017. There were no loans determined to be TDRs during the twelve month periods ended December 31, 2016. Troubled Debt Restructurings For the twelve months ended December 31, 2017 (Dollars in thousands) Number Pre-Modification Post-Modification TDRs Mortgage-Commercial 1 $ 189 $ 189 Total TDRs 1 $ 189 $ 189 During the twelve month period ended December 31, 2017, the Company determined one loan to be a TDR and lowered the rate due to borrower financial hardship. There were no loans determined to be TDRs in the twelve months ended December 31, 2018, December 31, 2017 and December 31, 2016 that had subsequent payment defaults. Defaulted loans are those loans that are greater than 90 days past due. In the determination of the allowance for loan losses, all TDRs are reviewed to ensure that one of the three proper valuation methods (fair market value of the collateral, present value of cash flows, or observable market price) is adhered to. All non-accrual loans are written down to its corresponding collateral value. All TDR accruing loans where the loan balance exceeds the present value of cash flow will have a specific allocation. All nonaccrual loans are considered impaired. Under ASC 310-10, a loan is impaired when it is probable that the Bank will be unable to collect all amounts due including both principal and interest according to the contractual terms of the loan agreement. Acquired credit-impaired loans are accounted for under the accounting guidance for loans and debt securities acquired with deteriorated credit quality, found in FASB ASC Topic 310-30, ( Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality) A summary of changes in the accretable yield for PCI loans for the years ended December 31, 2018, 2017 and 2016 follows: (Dollars in thousands) Year Year Year Accretable yield, beginning of period $ 21 $ 34 $ 92 Additions — 10 — Accretion (256 ) (67 ) (170 ) Reclassification of nonaccretable difference due to improvement in expected cash flows 284 44 112 Other changes, net 104 — — Accretable yield, end of period $ 153 $ 21 $ 34 At December 31, 2018 and 2017 the recorded investment in purchased impaired loans was $112 thousand and $733 thousand respectively. The unpaid principal balance was $205 thousand and $1.0 million at December 31, 2018 and 2017, respectively. At December 31, 2018 and 2017 these loans were all secured by commercial real estate.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	Note 6—FAIR VALUE MEASUREMENT The Company adopted FASB ASC Fair Value Measurement Topic 820, which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level l Quoted prices in active markets for identical assets or liabilities. Level 2 Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. FASB ASC 825-10-50 “Disclosure about Fair Value of Financial Instruments”, requires the Company to disclose estimated fair values for its financial instruments. Fair value estimates, methods, and assumptions are set forth below. Cash and short term investments—The carrying amount of these financial instruments (cash and due from banks, interest-bearing bank balances, federal funds sold and securities purchased under agreements to resell) approximates fair value. All mature within 90 days and do not present unanticipated credit concerns and are classified as Level 1. Investment Securities—Measurement is on a recurring basis based upon quoted market prices, if available. If quoted market prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for prepayment assumptions, projected credit losses, and liquidity. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange, or by dealers or brokers in active over-the-counter markets. Level 2 securities include mortgage-backed securities issued both by government sponsored enterprises and private label mortgage-backed securities. Generally these fair values are priced from established pricing models. Level 3 securities include corporate debt obligations and asset–backed securities that are less liquid or for which there is an inactive market. Loans Held for Sale— The Company originates fixed rate residential loans on a servicing released basis in the secondary market. Loans closed but not yet settled with an investor, are carried in the Company’s loans held for sale portfolio. These loans are fixed rate residential loans that have been originated in the Company’s name and have closed. Virtually all of these loans have commitments to be purchased by investors at a locked in price with the investors on the same day that the loan was locked in with the Company’s customers. Therefore, these loans present very little market risk for the Company and are classified as Level 2. The carrying amount of these loans approximates fair value. Loans— The fair value of loans at December 31, 2018 were measured using an exit price methodology. Prior to adoption of ASU 2016-01, the Company measured fair value using an entry price notion. The entry price notion used a discounted cash flow method to calculate the present future value of expected future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. The exit price uses this methodology but also incorporates other assumptions such as market factors, illiquidity risk and enhanced credit risk. These added assumptions are intended to approximate the fair value that a market participant would realize in a hypothetical orderly transaction. In estimating the fair value, the Company’s portfolio is segmented using the six categories in Note 5 – Loans. Loans which are deemed to be impaired are primarily valued on a nonrecurring basis at the fair value of the underlying real estate collateral. Prior to adoption of ASU 2016-01 loans other than impaired loans were classified as a Level 2 measurement, as of December 31, 2018 all loans are classified as a Level 3 measurement. Other Real Estate Owned (“OREO”) — OREO is carried at the lower of carrying value or fair value on a non-recurring basis. Fair value is based upon independent appraisals or management’s estimation of the collateral and is considered a Level 3 measurement. Accrued Interest Receivable—The fair value approximates the carrying value and is classified as Level 1. Deposits—The fair value of demand deposits, savings accounts, and money market accounts is the amount payable on demand at the reporting date. The fair value of fixed-maturity certificates of deposits is estimated by discounting the future cash flows using rates currently offered for deposits of similar remaining maturities. Deposits are classified as Level 2. Federal Home Loan Bank Advances—Fair value is estimated based on discounted cash flows using current market rates for borrowings with similar terms and are classified as Level 2. Short Term Borrowings—The carrying value of short term borrowings (securities sold under agreements to repurchase and demand notes to the Treasury) approximates fair value. These are classified as Level 2. Junior Subordinated Debentures—The fair values of junior subordinated debentures is estimated by using discounted cash flow analyses based on incremental borrowing rates for similar types of instruments. These are classified as Level 2. Accrued Interest Payable—The fair value approximates the carrying value and is classified as Level 1. Commitments to Extend Credit—The fair value of these commitments is immaterial because their underlying interest rates approximate market. The carrying amount and estimated fair value by classification Level of the Company’s financial instruments as of December 31, 2018 and December 31, 2017 are as follows: December 31, 2018 Fair Value (Dollars in thousands) Carrying Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 32,268 $ 32,268 $ 32,268 $ — $ — Held-to-maturity securities 16,174 16,184 — 16,184 — Available-for-sale securities 237,893 237,893 1,642 235,560 691 Other investments, at cost 1,955 1,955 — — 1,955 Loans held for sale 3,223 3,223 — 3,223 — Net loans receivable 712,199 697,432 — 693,065 4,367 Accrued interest 3,579 3,579 3,579 — — Financial liabilities: Non-interest bearing demand $ 244,686 $ 244,686 $ — $ 244,686 $ — Interest bearing demand deposits and money market accounts 393,473 393,473 — 393,4738 — Savings 108,368 108,368 — 108,368 — Time deposits 178,996 177,797 — 177,797 — Total deposits 925,523 925,849 — 925,849 — Federal Home Loan Bank Advances 231 231 — 231 — Short term borrowings 28,022 28,022 — 28,022 — Junior subordinated debentures 14,964 14,178 — 12,791 — Accrued interest payable 861 861 861 — — December 31, 2017 Fair Value (Dollars in thousands) Carrying Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 30,591 $ 30,591 $ 30,591 $ — $ — Held-to-maturity securities 17,012 17,220 — 17,220 — Available-for-sale securities 264,824 264,824 790 264,034 — Other investments, at cost 2,559 2,559 — — 2,559 Loans held for sale 5,093 5,093 — 5,093 — Net loans receivable 641,008 639,489 — 634,361 5,128 Accrued interest 3,489 3,489 3,489 — — Financial liabilities: Non-interest bearing demand $ 226,546 $ 226,546 $ — $ 226,546 $ — NOW and money market accounts 364,358 364,358 — 364,358 — Savings 104,756 104,756 — 104,756 — Time deposits 192,663 192,186 — 192,186 — Total deposits 888,323 887,846 — 887,846 — Federal Home Loan Bank Advances 14,250 14,248 — 14,248 — Short term borrowings 19,270 19,270 — 19,270 — Junior subordinated debentures 14,964 15,025 — 15,025 — Accrued interest payable 562 562 562 — — The following table summarizes quantitative disclosures about the fair value for each category of assets carried at fair value as of December 31, 2018 and December 31, 2017 that are measured on a recurring basis. There were no liabilities carried at fair value as of December 31, 2018 or December 31, 2017 that are measured on a recurring basis. (Dollars in thousands) Description December 31 2018 Quoted Significant Other Significant Available for sale securities US Treasury Securities $ 15,457 $ — $ 15,457 $ — Government sponsored enterprises 1,100 — 1,100 — Mortgage-backed securities 115,475 — 114,784 691 Small Business Administration securities 55,336 1,633 53,703 — State and local government 50,506 — 50,506 — Corporate and other securities 19 9 10 — 237,893 1,642 235,560 691 Loans held for sale 3,223 — 3,223 — Total $ 241,116 $ 1,642 $ 238,783 $ 691 (Dollars in thousands) Description December 31 2017 Quoted Significant Other Significant Available for sale securities US Treasury Securities $ 1,505 $ — $ 1,505 $ — Government sponsored enterprises 1,109 — 1,109 — Mortgage-backed securities 143,768 — 143,768 — Small Business Administration securities 61,588 — 61,588 — State and local government 56,004 — 56,004 — Corporate and other securities 850 790 60 — 264,824 790 264,034 — Loans held for sale 5,093 — 5,093 — Total $ 269,917 $ 790 $ 269,127 $ — The following table reconciles the changes in Level 3 financial instruments for the twelve months ended December 31, 2017 measured on a recurring basis. There were no Level 3 financial instruments for the twelve months ended December 31, 2018 measured on a recurring basis. 2017 ( Dollars in thousands) Corporate Beginning Balance December 31, 2016 $ 1,000 Total gains or losses (realized/unrealized) — Included in other comprehensive income — Purchases, sales, issuances, and settlements (net) — Transfers in and/or out of Level 3 (1,000 ) Ending Balance December 31, 2017 $ — The following tables summarize quantitative disclosures about the fair value for each category of assets carried at fair value as of December 31, 2018 and December 31, 2017 that are measured on a non-recurring basis. There were no liabilities carried at fair value and measured on a non-recurring basis at December 31, 2018 and 2017. (Dollars in thousands) Description December 31, Quoted Prices Significant Significant Impaired loans: Commercial & Industrial $ — $ — $ — $ — Real estate: Mortgage-residential 322 — — 322 Mortgage-commercial 4,016 — — 4,016 Consumer: Home equity 29 — — 29 Other — — — — Total impaired 4,367 — — 4,367 Other real estate owned: Construction 828 — — 828 Mortgage-commercial 632 — — 632 Total other real estate owned 1,460 — — 1,460 Total $ 6,057 $ — $ — $ 6,057 (Dollars in thousands) Description December 31, Quoted Prices Significant Significant Impaired loans: Commercial & Industrial $ — $ — $ — $ — Real estate: Mortgage-residential 411 — — 411 Mortgage-commercial 4,717 — — 4,717 Consumer: Home equity — — — — Other — — — — Total impaired 5,128 — — 5,128 Other real estate owned: Construction 828 — — 828 Mortgage-residential 47 — — 47 Mortgage-commercial 1,059 — — 1,059 Total other real estate owned 1,934 — — 1,934 Total $ 7,062 $ — $ — $ 7,062 The Company has a large percentage of loans with real estate serving as collateral. Loans which are deemed to be impaired are primarily valued on a nonrecurring basis at the fair value of the underlying real estate collateral. Such fair values are obtained using independent appraisals, which the Company considers to be Level 3 inputs. Third party appraisals are generally obtained when a loan is identified as being impaired or at the time it is transferred to OREO. This internal process would consist of evaluating the underlying collateral to independently obtained comparable properties. With respect to less complex or smaller credits, an internal evaluation may be performed. Generally the independent and internal evaluations are updated annually. Factors considered in determining the fair value include geographic sales trends, the value of comparable surrounding properties as well as the condition of the property. The aggregate amount of impaired loans was $4.6 million and $5.2 million for the year ended December 31, 2018 and year ended December 31, 2017, respectively. For Level 3 assets and liabilities measured at fair value on a non-recurring or non-recurring basis as of December 31, 2018 and December 31, 2017, the significant unobservable inputs used in the fair value measurements were as follows: (Dollars in thousands) Fair Value Valuation Technique Significant Observable Inputs Significant Unobservable Inputs OREO $ 1,460 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 4,367 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost (Dollars in thousands) Fair Value Valuation Technique Significant Significant OREO $ 1,934 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 5,128 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	Note 7—PROPERTY AND EQUIPMENT Property and equipment consisted of the following: December 31, (Dollars in thousands) 2018 2017 Land $ 10,640 $ 10,683 Premises 27,678 28,684 Equipment 5,323 4,673 Fixed assets in progress 1,656 863 45,297 44,903 Accumulated depreciation 10,310 8,800 $ 34,987 $ 36,103 Provision for depreciation included in operating expenses for the years ended December 31, 2018, 2017 and 2016 amounted to $1.5 million, $1.5 million, and $1.3 million, respectively.

GOODWILL, CORE DEPOSIT INTANGIB

GOODWILL, CORE DEPOSIT INTANGIBLE AND OTHER ASSETS	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL, CORE DEPOSIT INTANGIBLE AND OTHER ASSETS	Note 8—GOODWILL, CORE DEPOSIT INTANGIBLE AND OTHER ASSETS Intangible assets (excluding goodwill) consisted of the following: December 31, (Dollars in thousands) 2018 2017 Core deposit premiums, gross carrying amount $ 3,358 $ 3,358 Other intangibles 538 538 3,896 3,896 Accumulated amortization (1,890 ) (1,327 ) Net $ 2,006 $ 2,569 Amortization of the intangibles amounted to $563 thousand, $343 thousand and $318 thousand for the years ended December 31, 2018, 2017 and 2016, respectively. On October 20, 2017, we completed our acquisition of Cornerstone and its wholly-owned subsidiary, Cornerstone National Bank. Under the terms of the merger agreement, Cornerstone shareholders received either $11.00 in cash or 0.54 shares of the Company’s common stock, or a combination thereof, for each Cornerstone share they owned immediately prior to the merger, subject to the limitation that 70% of the outstanding shares of Cornerstone common stock were exchanged for shares of the Company’s common stock and 30% of the outstanding shares of Cornerstone were exchanged for cash. The Company issued 877,384 shares of common stock in the merger. Total intangibles, including goodwill of $9.5 million and a core deposit premium of $1.8 million, were recorded in conjunction with the acquisition. On February 1, 2014, we completed our acquisition of Savannah River Financial Corp. (“Savannah River”) and its wholly-owned subsidiary, Savannah River Banking Company. Under the terms of the merger agreement, Savannah River shareholders received either $11.00 in cash or 1.0618 shares of the Company’s common stock, or a combination thereof, for each Savannah River share they owned immediately prior to the merger, subject to the limitation that 60% of the outstanding shares of Savannah River common stock were exchanged for cash and 40% of the outstanding shares of Savannah River common stock were exchanged for shares of the Company’s common stock. The Company issued 1,274,200 shares of common stock in connection with the merger. Total intangibles, including goodwill of $4.5 million and a core deposit premium of $1.2 million, were recorded in conjunction with the acquisition. On September 26, 2014, the Bank completed its acquisition and assumption of approximately $40 million in deposits and $8.7 million in loans from First South Bank. This represented all of the deposits and a portion of the loans at First South Bank’s Columbia, South Carolina banking office located at 1333 Main Street. The Bank paid a premium of $714 thousand for the deposits and loans acquired. The deposits and loans from First South Bank have been consolidated into the Bank’s branch located at 1213 Lady Street, Columbia, South Carolina. The premium paid of $714 thousand plus fair value adjustments recorded on loans and deposits acquired resulted in a core deposit intangible of $365.9 thousand and other identifiable intangible assets in the amount of $538.6 thousand being recorded related to this transaction. As a result of the acquisition of Palmetto South Mortgage Corp. on July 31, 2011, we have recorded goodwill in the amount of $571 thousand. Total goodwill from acquisitions at December 31, 2018 and 2017 totaled $14.6 million. The goodwill is tested for impairment annually having identified none as of December 31, 2018 or 2017. Bank-owned life insurance provides benefits to various bank officers. The carrying value of all existing policies at December 31, 2018 and 2017 was $25.8 million and $25.4 million, respectively.

OTHER REAL ESTATE OWNED

OTHER REAL ESTATE OWNED	12 Months Ended
	Dec. 31, 2018
Real Estate [Abstract]
OTHER REAL ESTATE OWNED	Note 9—OTHER REAL ESTATE OWNED The following summarizes the activity in the other real estate owned for the years ended December 31, 2018 and 2017. December 31, (In thousands) 2018 2017 Balance—beginning of year $ 1,934 $ 1,146 Additions—foreclosures 346 1,275 Writedowns — 39 Sales 820 448 Balance, end of year $ 1,460 $ 1,934

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2018
Banking and Thrift [Abstract]
DEPOSITS	Note 10—DEPOSITS The Company’s total deposits are comprised of the following at the dates indicated: December 31, December 31, (Dollars in thousands) 2018 2017 Non-interest bearing demand deposits $ 244,686 $ 226,546 Interest bearing demand deposits and money market accounts 393,473 364,358 Savings 108,369 104,756 Time deposits 178,995 192,663 Total deposits $ 925,523 $ 888,323 At December 31, 2018, the scheduled maturities of time deposits are as follows: (Dollars in thousands) 2019 $ 107,985 2020 36,649 2021 19,883 2022 6,858 2023 7,620 $ 178,995 Interest paid on time deposits of $100 thousand or more totaled $717 thousand, $573 thousand, and $606 thousand in 2018, 2017, and 2016, respectively. Time deposits that meet or exceed the FDIC insurance limit of $250 thousand at year end 2018 and 2017 were $27.8 million and $38.4 million, respectively. Deposits from directors and executive officers and their related interests at December 31, 2018 and 2017 amounted to approximately $5.8 million and $7.0 million, respectively. The amount of overdrafts classified as loans at December 31, 2018 and 2017 were $206 thousand and $167 thousand, respectively.

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER BORROWED MONEY	12 Months Ended
	Dec. 31, 2018
Schedule of Other than Temporary Impairment of Investments Recognized in Earnings and Other Comprehensive Income (Loss) [Table Text Block]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER BORROWED MONEY	Note 11—SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER BORROWED MONEY Securities sold under agreements to repurchase generally mature within one to four days from the transaction date. The weighted average interest rate at December 31, 2018 and 2017 was 1.18% and 0.74%, respectively. The maximum month-end balance during 2018 and 2017 was $33.4 million and $21.3 million, respectively. The average outstanding balance during the years ended December 31, 2018 and 2017 amounted to $27.0 million and $19.2 million, respectively, with an average rate paid of 1.08% and 0.20%, respectively. Securities sold under agreements to repurchase are collateralized by securities with fair market values exceeding the total balance of the agreement. At December 31, 2018 and 2017, the Company had unused short-term lines of credit totaling $30.0 million.

ADVANCES FROM FEDERAL HOME LOAN

ADVANCES FROM FEDERAL HOME LOAN BANK	12 Months Ended
	Dec. 31, 2018
Advances from Federal Home Loan Banks [Abstract]
ADVANCES FROM FEDERAL HOME LOAN BANK	Note 12—ADVANCES FROM FEDERAL HOME LOAN BANK Advances from the FHLB at December 31, 2018 and 2017, consisted of the following: December 31, (In thousands) 2018 2017 Maturing Amount Rate Amount Rate 2018 $ — — $ 14,000 1.41 % 2019 — — — — 2020 231 1.00 % 250 1.00 % $ 231 1.00 % $ 14,250 1.40 % As collateral for its advances, the Company has pledged in the form of blanket liens, eligible loans, in the amount of $26.6 million at December 31, 2018. Securities have been pledged as collateral for advances in the amount of $6.0 million as of December 31, 2018. As collateral for its advances, the Company has pledged in the form of blanket liens, eligible loans, in the amount of $35.3 million at December 31, 2017. No securities have been pledged as collateral for advances as of December 31, 2017. Advances are subject to prepayment penalties. The average advances during 2018 and 2017 were $4.1 million and $17.1 million, respectively. The average interest rate for 2018 and 2017 was 1.58% and 1.72%, respectively. The maximum outstanding amount at any month end was $25.3 million and $39.3 million for 2018 and 2017, respectively. During the years ended, December 31, 2017 and December 31, 2016, the Company prepaid advances in the amount of $13.3 million and $35.9 million, respectively, and realized losses on the early extinguishment of $447 thousand and $459 thousand, respectively. During the year ended December 31, 2018 there were no advances that were prepaid.

JUNIOR SUBORDINATED DEBT

JUNIOR SUBORDINATED DEBT	12 Months Ended
	Dec. 31, 2018
Investment Owned Amortized Cost
JUNIOR SUBORDINATED DEBT	Note 13—JUNIOR SUBORDINATED DEBT On September 16, 2004, FCC Capital Trust I (“Trust I”), a wholly owned unconsolidated subsidiary of the Company, issued and sold floating rate securities having an aggregate liquidation amount of $15.0 million. The Trust I securities accrue and pay distributions quarterly at a rate per annum equal to LIBOR plus 257 basis points. The distributions are cumulative and payable in arrears. The Company has the right, subject to events of default, to defer payments of interest on the Trust I securities for a period not to exceed 20 consecutive quarters, provided no extension can extend beyond the maturity date of September 16, 2034. The Trust I securities are mandatorily redeemable upon maturity at September 16, 2034. If the Trust I securities are redeemed on or after September 16, 2009, the redemption price will be 100% of the principal amount plus accrued and unpaid interest. The Trust I security were eligible to be redeemed in whole but not in part, at any time prior to September 16, 2009 following an occurrence of a tax event, a capital treatment event or an investment company event. Currently, these securities qualify under risk-based capital guidelines as Tier 1 capital, subject to certain limitations. The Company has no current intention to exercise its right to defer payments of interest on the Trust I securities. In 2015, the Company redeemed $500 thousand of this Trust I security. This resulted in a gain of $130 thousand received in 2015.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	Note 14—INCOME TAXES Income tax expense for the years ended December 31, 2018, 2017 and 2016 consists of the following: Year ended December 31 (Dollars in thousands) 2018 2017 2016 Current Federal $ 2,244 $ 1,665 $ 2,491 State 351 92 136 2,595 1,757 2,627 Deferred Federal 99 1,573 (460 ) State — — — 99 1,573 (460 ) Income tax expense $ 2,694 $ 3,330 $ 2,167 Reconciliation from expected federal tax expense to effective income tax expense (benefit) for the periods indicated are as follows: Year ended December 31 (Dollars in thousands) 2018 2017 2016 Expected federal income tax expense $ 2,924 $ 3,109 $ 3,009 State income tax net of federal benefit 277 61 90 Tax exempt interest (353 ) (593 ) (608 ) Increase in cash surrender value life insurance (152 ) (212 ) (206 ) Valuation allowance released 68 216 2 Merger expenses — 92 — Low income housing tax credits — (186 ) (186 ) Excess tax benefit of stock compensation (12 ) (197 ) — Deferred tax adjustment resulting from tax rate change — 1,247 — Other (58 ) (207 ) 66 $ 2,694 $ 3,330 $ 2,167 The following is a summary of the tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities: December 31, (Dollars in thousands) 2018 2017 Assets: Allowance for loan losses $ 1,353 $ 1,250 Excess tax basis of deductible intangible assets 391 554 Excess tax basis of assets acquired 8 184 Net operating loss carry forward 852 891 Unrealized loss on available for sale securities 471 118 Compensation expense deferred for tax purposes 1,015 909 Deferred loss on other-than-temporary-impairment charges 5 5 Tax credit carry-forwards 4 73 Other 438 351 Total deferred tax asset 4,537 4,355 Valuation reserve 773 705 Total deferred tax asset net of valuation reserve 3,764 3,630 Liabilities: Tax depreciation in excess of book depreciation 310 358 Excess financial reporting basis of assets acquired 1,139 1,211 Total deferred tax liabilities 1,449 1,569 Net deferred tax asset recognized $ 2,315 $ 2,061 At December 31 2018 the Company has approximately $17.0 million in State net operating losses. A valuation allowance is established to fully offset the deferred tax asset related to these net operating losses of the holding company. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which the temporary differences become deductible. Management considers the scheduled reversal of deferred income tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Additional amounts of these deferred tax assets considered to be realizable could be reduced in the near term if estimates of future taxable income during the carry forward period are reduced. The net deferred asset is included in other assets on the consolidated balance sheets. On December 22, 2017, the Tax Cuts and Jobs Act was signed into law. The Tax Cuts and Jobs Act reduced the corporate tax rate to 21% from 35%, effective for 2018, among other things. As a result of the change in tax rates, we revalued our deferred tax assets and liabilities to reflect realization at the lower rate effective December 22, 2017, the date the law was enacted. The impact of this adjustment was to increase our deferred tax expense by approximately $1.2 million for the year ended December 31, 2017. The lower tax rate decreased the overall tax rate in 2018. A portion of the change in the net deferred tax asset relates to unrealized gains and losses on securities available-for-sale. The change in the tax expense related to the change in unrealized losses on these securities of $353 thousand has been recorded directly to shareholders? equity. The balance in the change in net deferred tax asset results from the current period deferred tax expense of $99 thousand. At December 31, 2018, the Company had a federal net operating loss carryforward in the amount of $854 thousand acquired in the Cornerstone transaction. There are statutory limitations on the amount that can be utilized in each year. It is anticipated that all of the net operating loss will be utilized prior to expiration. Tax returns for 2015 and subsequent years are subject to examination by taxing authorities. As of December 31, 2018, the Company had no material unrecognized tax benefits or accrued interest and penalties. It is the Company’s policy to account for interest and penalties accrued relative to unrecognized tax benefits as a component of income tax expense.

COMMITMENTS, CONCENTRATIONS OF

COMMITMENTS, CONCENTRATIONS OF CREDIT RISK AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS, CONCENTRATIONS OF CREDIT RISK AND CONTINGENCIES	Note 15—COMMITMENTS, CONCENTRATIONS OF CREDIT RISK AND CONTINGENCIES The Bank is party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit. These instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the consolidated balance sheets. The Bank’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual amount of these instruments. The Bank uses the same credit policies in making commitments as for on-balance sheet instruments. At December 31, 2018 and 2017, the Bank had commitments to extend credit including lines of credit of $126.2 million and $107.6 million, respectively. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require a payment of a fee. Since commitments may expire without being drawn upon, the total commitments do not necessarily represent future cash requirements. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation of the party. Collateral held varies but may include inventory, property and equipment, residential real estate and income producing commercial properties. The primary market areas served by the Bank include the Midlands Region of South Carolina to include Lexington, Richland, Newberry and Kershaw Counties; the Central Savannah River Region include Aiken County, South Carolina and Richmond and Columbia Counties in Georgia. With the acquisition of Cornerstone, we also serve Greenville, Anderson and Pickens Counties in South Carolina which we refer to as the Upstate Region.. Management closely monitors its credit concentrations and attempts to diversify the portfolio within its primary market area. The Company considers concentrations of credit risk to exist when pursuant to regulatory guidelines, the amounts loaned to multiple borrowers engaged in similar business activities represent 25% or more of the Bank’s risk based capital, or approximately $28.5 million. Based on this criteria, the Bank had four such concentrations at December 31, 2018, including $65.0 million (9.1% of total loans) to private households, $228.4 million (31.8% of total loans) to lessors of non-residential properties, $75.2 million (10.5% of total loans) to lessors of residential properties and $42.67 million (5.9% of total loans) to religious organizations. As reflected above, lessors of non-residential properties and lessors of residential buildings equate to approximately 200.2% and 65.9% of total regulatory capital, respectively. The risk in these portfolios is diversified over a large number of loans approximately 426 for lessors of non-residential properties and 455 loans for lessors of residential buildings. Commercial real estate loans and commercial construction loans represent $561.5 million, or 78.1%, of the portfolio. Approximately $212.4 million, or 37.8%, of the total commercial real estate loans are owner occupied, which can tend to reduce the risk associated with these credits. Although the Bank’s loan portfolio, as well as existing commitments, reflects the diversity of its market areas, a substantial portion of its debtor’s ability to honor their contracts is dependent upon the economic stability of these areas. The nature of the business of the Company and Bank may at times result in a certain amount of litigation. The Bank is involved in certain litigation that is considered incidental to the normal conduct of business. Management believes that the liabilities, if any, resulting from the proceedings will not have a material adverse effect on the consolidated financial position, consolidated results of operations or consolidated cash flows of the Company.

OTHER EXPENSES

OTHER EXPENSES	12 Months Ended
	Dec. 31, 2018
Other Income and Expenses [Abstract]
OTHER EXPENSES	Note 16—OTHER EXPENSES A summary of the components of other non-interest expense is as follows: Year ended December 31, (Dollars in thousands) 2018 2017 2016 ATM/debit card, bill payment and data processing* $ 2,300 $ 1,412 $ 798 Supplies 142 165 130 Telephone 422 378 349 Courier 149 106 95 Correspondent services 270 227 237 Insurance 254 394 291 Postage 56 113 182 Loss on limited partnership interest 60 161 172 Director fees 366 378 391 Legal and Professional fees 864 991 738 Shareholder expense 173 131 172 Other 1,704 1,552 1,207 $ 6,760 $ 6,008 $ 4,762 * In June of 2017, the company moved its data processing from an in-house environment to an out-sourcing environment with FIS.

STOCK OPTIONS AND RESTRICTED ST

STOCK OPTIONS AND RESTRICTED STOCK	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK OPTIONS AND RESTRICTED STOCK	Note 17—STOCK OPTIONS, RESTRICTED STOCK, AND DEFERRED COMPENSATION The Company has adopted a stock option plan whereby shares have been reserved for issuance by the Company upon the grant of stock options or restricted stock awards. At December 31, 2018 and 2017, the Company had 328,624 and 341,114 shares, respectively, reserved for future grants. The 350,000 shares reserved were approved by shareholders at the 2011 annual meeting. The plan provides for the grant of options to key employees and directors as determined by a stock option committee made up of at least two members of the board of directors. Options are exercisable for a period of ten years from date of grant. There were no stock options outstanding and exercisable as of December 31, 2018, December 31, 2017 and December 31, 2016. The table below summarizes the common shares of restricted stock granted to each non-employee director in connection with their overall compensation plan in 2018, 2017 and 2016. Restricted shares granted Value Date shares Year Total per Director per share vest 2018 $ 2,990 230 $ 21.72 1/1/19 2017 3,430 245 $ 20.38 1/1/18 2016 5,303 379 $ 13.20 1/1/17 In 2018, 2017 and 2016, 11,447, 2,103 and 17,179 restricted shares, respectively, were issued to executive officers in connection with the Bank’s incentive compensation plan. The shares were valued at $21.72, $20.38 and $13.20 per share/unit, respectively. Restricted shares/units granted to executive officers under the incentive compensation plan cliff vest over a three-year period from the date of grant. The assumptions used in the calculation of these amounts for the awards granted in 2018, 2017 and 2016 are based on the price of the Company’s common stock on the grant date. In 2014, 29,228 restricted shares were issued to senior officers of Savannah River Banking Company and retained by the Company in connection with the merger. The shares were valued at $10.55 per share. Restricted shares granted to these officers vested in three equal annual installments beginning on January 31, 2015. Warrants to purchase 37,130 shares at $5.90 per share were issued in connection with the issuing of subordinated debt on November 15, 2011 and remain outstanding at December 31, 2018. The remaining outstanding warrants expire on December 16, 2019. The related subordinated debt was paid off in November 2012. In 2006, the Company established a Non-Employee Director Deferred Compensation Plan, whereby a director may elect to defer all or any part of annual retainer and monthly meeting fees payable with respect to service on the board of directors or a committee of the board. Units of common stock are credited to the director’s account at the time compensation is earned. The non-employee director’s account balance is distributed by issuance of common stock at the time of retirement or resignation from the board of directors. At December 31, 2018 and 2017, there were 114,982 and 110,320 units in the plan, respectively. The accrued liability related to the plan at December 31, 2018 and 2017 amounted to $1.3 million and $1.1 million, respectively, and is included in “Other liabilities” on the balance sheet.

EMPLOYEE BENEFIT PLAN

EMPLOYEE BENEFIT PLAN	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLAN	Note 18—EMPLOYEE BENEFIT PLANS The Company maintains a 401(k) plan, which covers substantially all employees. Participants may contribute up to the maximum allowed by the regulations. During the years ended December 31, 2018, 2017 and 2016, the plan expense amounted to $484 thousand, $405 thousand and $372 thousand, respectively. The Company matches 100% of the employee’s contribution up to 3% and 50% of the employee’s contribution on the next 2% of the employee’s contribution. The Company acquired various single premium life insurance policies from DutchFork Bankshares that are used to indirectly fund fringe benefits to certain employees and officers. A salary continuation plan was established payable to two key individuals upon attainment of age 63. The plan provides for monthly benefits of $2,500 each for seventeen years. Other plans acquired were supplemental life insurance covering certain key employees. In 2006, the Company established a salary continuation plan which covers six additional key officers. In 2015, the Company established a salary continuation plan to cover additional key employees. The plans provide for monthly benefits upon normal retirement age of varying amounts for a period of fifteen years. Single premium life insurance policies were purchased in 2006, 2015 and 2017 in the amount of $3.5 million, $5.2 million and $1.5 million, respectively. These policies are designed to offset the funding of these benefits. The cash surrender value at December 31, 2018 and 2017 of all bank owned life insurance was $25.8 million and $25.4 million, respectively. Expenses accrued for the anticipated benefits under the salary continuation plans for the year ended December 31, 2018, 2017 and 2016 amounted to $460 thousand, $401 thousand, and $382 thousand, respectively.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
EARNINGS PER SHARE	Note 19—EARNINGS PER COMMON SHARE The following reconciles the numerator and denominator of the basic and diluted earnings per common share computation: Year ended December 31, (Amounts in thousands) 2018 2017 2016 Numerator (Included in basic and diluted earnings per share) $ 11,229 $ 5,815 $ 6,682 Denominator Weighted average common shares outstanding for: Basic earnings per common share 7,581 6,849 6,617 Dilutive securities: Deferred compensation 84 84 112 Warrants—Treasury stock method 65 70 58 Diluted common shares outstanding 7,730 7,003 6,787 The average market price used in calculating assumed number of shares $ 23.26 $ 21.16 $ 14.86 On December 16, 2011 there were 107,500 warrants issued in connection with the issuance of $2.5 million in subordinated debt (See Note 17). As shown above, the warrants were dilutive for the periods ended December 31, 2018, December 31, 2017 and December 31, 2016.

SHAREHOLDERS' EQUITY, CAPITAL R

SHAREHOLDERS' EQUITY, CAPITAL REQUIREMENTS AND DIVIDEND RESTRICTIONS	12 Months Ended
	Dec. 31, 2018
Shareholders Equity Capital Requirements And Dividend Restrictions
SHAREHOLDERS' EQUITY, CAPITAL REQUIREMENTS AND DIVIDEND RESTRICTIONS	Note 20—SHAREHOLDERS’ EQUITY, CAPITAL REQUIREMENTS AND DIVIDEND RESTRICTIONS The Company and Bank are subject to various federal and state regulatory requirements, including regulatory capital requirements. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary, actions that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and Bank must meet specific guidelines that involve quantitative measures of the Company’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Company and Bank capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weighting, and other factors. The Bank is required to maintain minimum Tier 1 capital, Common Equity Tier I (CET1) capital, total risked based capital and Tier 1 leverage ratios of 6%, 4.5%, 8% and 4%, respectively. In July of 2013, the U.S. federal banking agencies approved the implementation of the Basel III regulatory capital reforms in pertinent part, and, at the same time, promulgated rules effecting certain changes required by the Dodd-Frank Act (the “Basel III Rule”). In contrast to capital requirements historically, which were in the form of guidelines, Basel III was released in the form of enforceable regulations by each of the regulatory agencies. The Basel III Rule is applicable to all banking organizations that are subject to minimum capital requirements, including federal and state banks and savings and loan associations, as well as to bank and savings and loan holding companies, other than “small bank holding companies.” A small bank holding company is generally a qualifying bank holding company or savings and loan holding company with less than $3.0 billion in consolidated assets. More stringent requirements are imposed on “advanced approaches” banking organizations—those organizations with $250 billion or more in total consolidated assets, $10 billion or more in total foreign exposures, or that have opted in to the Basel II capital regime. Based on the foregoing, as a small bank holding company, we are generally not subject to the capital requirements unless otherwise advised by the Federal Reserve; however, our Bank remains subject to the capital requirements. On October 20, 2017, we completed our acquisition of Cornerstone and its wholly-owned subsidiary, Cornerstone National Bank. Under the terms of the merger agreement, Cornerstone shareholders received either $11.00 in cash or 0.54 shares of the Company’s common stock, or a combination thereof, for each Cornerstone share they owned immediately prior to the merger, subject to the limitation that 70% of the outstanding shares of Cornerstone common stock were exchanged for shares of the Company’s common stock and 30% of the outstanding shares of Cornerstone were exchanged for cash. The Company issued 877,384 shares of common stock in the merger. The Company and the Bank exceeded the minimum regulatory capital ratios at December 31, 2018 and 2017, as set forth in the following table: (In thousands) Minimum % Actual % Excess % The Bank (1): December 31, 2018 Risk Based Capital Tier 1 $ 49,043 6.0 % $ 107,806 13.2 % $ 58,764 7.2 % Total Capital 65,390 8.0 % 114,069 14.0 % 48,679 6.0 % CET1 36,782 4.5 % 107,806 13.2 % 71,024 8.7 % Tier 1 Leverage 43,198 4.0 % 107,806 10.0 % 64,608 6.0 % December 31, 2017 Risk Based Capital Tier 1 $ 44,396 6.0 % $ 99,118 13.4 % $ 54,722 7.4 % Total Capital 59,195 8.0 % 104,915 14.2 % 45,720 6.2 % CET1 33,297 4.5 % 99,118 13.4 % 65,821 8.9 % Tier 1 Leverage 41,030 4.0 % 99,118 9.7 % 58,088 5.7 % (1) As a small bank holding company, we are generally not subject to the capital requirements unless otherwise advised by the Federal Reserve. The Federal Reserve has issued a policy statement regarding the payment of dividends by bank holding companies. In general, the Federal Reserve’s policies provide that dividends should be paid only out of current earnings and only if the prospective rate of earnings retention by the bank holding company appears consistent with the organization’s capital needs asset quality and overall financial condition. The Federal Reserve’s policies also require that a bank holding company serve as a source of financial strength to its subsidiary banks by standing ready to use available resources to provide adequate capital funds to those banks during periods of financial stress or adversity and by maintaining the financial flexibility and capital-raising capacity to obtain additional resources for assisting its subsidiary banks where necessary. In addition, under the prompt corrective action regulations, the ability of a bank holding company to pay dividends may be restricted if a subsidiary bank becomes undercapitalized. These regulatory policies could affect the ability of the Company to pay dividends or otherwise engage in capital distributions. The Company’s principal source of cash flow, including cash flow to pay dividends to its shareholders, is dividends it receives from the Bank. Statutory and regulatory limitations apply to the Bank’s payment of dividends to the Company. As a South Carolina chartered bank, the Bank is subject to limitations on the amount of dividends that it is permitted to pay. Unless otherwise instructed by the S.C. Board, the Bank is generally permitted under South Carolina State banking regulations to pay cash dividends of up to 100% of net income in any calendar year without obtaining the prior approval of the S.C. Board. The FDIC also has the authority under federal law to enjoin a bank from engaging in what in its opinion constitutes an unsafe or unsound practice in conducting its business, including the payment of a dividend under certain circumstances. If the Bank is not permitted to pay cash dividends to the Company, it is unlikely that we would be able to pay cash dividends on our common stock. Moreover, holders of the Company’s common stock are entitled to receive dividends only when, and if declared by the board of directors. Although the Company has historically paid cash dividends on its common stock, the Company is not required to do so and the board of directors could reduce or eliminate our common stock dividend in the future.

PARENT COMPANY FINANCIAL INFORM

PARENT COMPANY FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract]
PARENT COMPANY FINANCIAL INFORMATION	Note 21—PARENT COMPANY FINANCIAL INFORMATION The balance sheets, statements of operations and cash flows for First Community Corporation (Parent Only) follow: Condensed Balance Sheets At December 31, (Dollars in thousands) 2018 2017 Assets: Cash on deposit $ 4,811 $ 4,367 Interest bearing deposits — 131 Securities purchased under agreement to resell — 129 Investment in bank subsidiary 121,984 115,526 Other 863 729 Total assets $ 127,658 $ 120,882 Liabilities: Junior subordinated debentures $ 14,964 $ 14,964 Other 197 255 Total liabilities 15,161 15,219 Shareholders’ equity 112,497 105,663 Total liabilities and shareholders’ equity $ 127,658 $ 120,882 Condensed Statements of Operations Year ended December 31, (Dollars in thousands) 2018 2017 2016 Income: Interest and dividend income $ 23 $ 18 $ 126 Gain on sale of land — 90 — Equity in undistributed earnings of subsidiary 8,348 3,341 4,752 Dividend income from bank subsidiary 3,721 3,001 2,606 Total income 12,092 6,450 7,484 Expenses: Interest expense 718 570 493 Other 386 350 570 Total expense 1,104 920 1,063 Income before taxes 10,988 5,530 6,421 Income tax benefit (241 ) (285 ) (261 ) Net income $ 11,229 $ 5,815 $ 6,682 Condensed Statements of Cash Flows Year ended December 31, (Dollars in thousands) 2018 2017 2016 Cash flows from operating activities: Net income $ 11,229 $ 5,815 $ 6,682 Adjustments to reconcile net income to net cash provided by operating activities Equity in undistributed earnings of subsidiary (8,348 ) (3,341 ) (4,752 ) Gain on early extinguishment of debt — — — Gain on sales of assets — (90 ) Other-net 12 615 463 Net cash provided by operating activities 2,893 2,999 2,393 Cash flows from investing activities: Proceeds from sale of federal funds 129 — — Proceeds from business acquisition — 131 — Proceeds from sale of land — 1,145 — Proceeds from sale of securities available-for-sale — — 417 Net cash provided by investing activities 129 1,276 417 Cash flows from financing activities: Dividends paid: Common stock (3,033 ) (2,472 ) (2,117 ) Proceeds from issuance of common stock 362 371 304 Restricted shares surrendered (57 ) (408 ) (353 ) Deferred compensation shares 19 — — Net cash used in financing activities (2,709 ) (2,509 ) (2,166 ) Increase (decrease) in cash and cash equivalents 313 1,766 644 Cash and cash equivalents, beginning of year 4,498 2,732 2,088 Cash and cash equivalents, end of year $ 4,811 $ 4,498 $ 2,732

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	Note 22—SUBSEQUENT EVENTS Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. Management has reviewed events occurring through the date the financial statements were available to be issued and no subsequent events occurred requiring accrual or disclosure.

QUARTERLY FINANCIAL DATA (UNAUD

QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY FINANCIAL DATA (UNAUDITED)	Note 23—QUARTERLY FINANCIAL DATA (UNAUDITED) The following provides quarterly financial data for 2018, 2017 and 2016 (dollars in thousands, except per share amounts). 2018 Fourth Third Second First Interest income $ 10,595 $ 9,984 $ 9,819 $ 9,331 Net interest income 9,392 8,882 8,940 8,534 Provision for loan losses 94 20 30 202 Gain on sale of securities (332 ) — 94 (104 ) Income before income taxes 3,389 3,569 3,596 3,369 Net income 2,686 2,833 3,001 2,709 Net income available to common shareholders 2,686 2,833 3,001 2,709 Net income per share, basic $ 0.35 $ 0.37 $ 0.40 $ 0.36 Net income per share, diluted $ 0.35 $ 0.37 $ 0.39 $ 0.35 2017 Fourth Third Second First Interest income $ 8,738 $ 7,921 $ 7,724 $ 7,773 Net interest income 8,057 7,227 7,049 7,061 Provision for loan losses 170 166 78 116 Gain on sale of securities 49 124 172 54 Income before income taxes 2,108 2,589 2,245 2,203 Net income 502 1,893 1,664 1,756 Net income available to common shareholders 502 1,893 1,664 1,756 Net income per share, basic $ 0.07 $ 0.28 $ 0.25 $ 0.27 Net income per share, diluted $ 0.07 $ 0.28 $ 0.24 $ 0.26 2016 Fourth Third Second First Interest income $ 7,510 $ 7,400 $ 7,459 $ 7,137 Net interest income 6,794 6,651 6,677 6,337 Provision for loan losses 238 179 217 140 Gain on sale of securities — 478 64 59 Income before income taxes 2,238 2,276 2,391 1,944 Net income 1,792 1,677 1,745 1,468 Net income available to common shareholders 1,792 1,677 1,745 1,468 Net income per share, basic $ 0.27 $ 0.26 $ 0.27 $ 0.22 Net income per share, diluted $ 0.26 $ 0.25 $ 0.26 $ 0.22

REPORTABLE SEGMENTS

REPORTABLE SEGMENTS	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
REPORTABLE SEGMENTS	Note 24—REPORTABLE SEGMENTS The Company’s reportable segments represent the distinct product lines the Company offers and are viewed separately for strategic planning by management. The Company has four reportable segments: • Commercial and retail banking: The Company’s primary business is to provide deposit and lending products and services to its commercial and retail customers. • Mortgage banking: This segment provides mortgage origination services for loans that will be sold to investors in the secondary market. • Investment advisory and non-deposit: This segment provides investment advisory services and non-deposit products. • Corporate: This segment includes the parent company financial information, including interest on parent company debt and dividend income received from First Community Bank (the “Bank”). The following tables present selected financial information for the Company’s reportable business segments for the years ended December 31, 2018, December 31, 2017 and December 31, 2016. Year ended December 31, 2018 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 38,875 $ 830 $ — $ 3,745 $ (3,721 ) $ 39,729 Interest expense 3,263 — — 718 — 3,981 Net interest income $ 35,612 $ 830 $ — $ 3,027 $ (3,721 ) $ 35,748 Provision for loan losses 346 — — — — 346 Noninterest income 5,066 3,895 1,683 — — 10,644 Noninterest expense 27,095 3,242 1,400 386 — 32,123 Net income before taxes $ 13,237 $ 1,483 $ 283 $ 2,641 $ (3,721 ) $ 13,923 Income tax provision (benefit) 2,935 — — (241 ) — 2,694 Net income $ 10,302 $ 1,483 $ 283 $ 2,882 $ (3,721 ) $ 11,229 Year ended December 31, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 31,634 $ 504 $ — $ 3,019 $ (3,001 ) $ 32,156 Interest expense 2,192 — — 570 — 2,762 Net interest income $ 29,442 $ 504 $ — $ 2,449 $ (3,001 ) $ 29,394 Provision for loan losses 530 — — — — 530 Noninterest income 4,480 3,778 1,291 90 — 9,639 Noninterest expense 25,042 2,841 1,125 350 — 29,358 Net income before taxes $ 8,350 $ 1,441 $ 166 $ 2,189 $ (3,001 ) $ 9,145 Income tax provision (benefit) 3,615 — — (285 ) — 3,330 Net income $ 4,735 $ 1,441 $ 166 $ 2,474 $ (3,001 ) $ 5,815 Year ended December 31, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 29,186 $ 194 $ — $ 2,732 $ (2,606 ) $ 29,506 Interest expense 2,553 — — 494 — 3,047 Net interest income $ 26,633 $ 194 $ — $ 2,238 $ (2,606 ) $ 26,459 Provision for loan losses 774 — — — — 774 Noninterest income 4,423 3,382 1,135 — — 8,940 Noninterest expense 21,743 2,459 1,005 569 — 25,776 Net income before taxes $ 8,539 $ 1,117 $ 130 $ 1,669 $ (2,606 ) $ 8,849 Income tax provision(benefit) 2,428 — — (261 ) — 2,167 Net income $ 6,111 $ 1,117 $ 130 $ 1,930 $ (2,606 ) $ 6,682 (Dollars in thousands) Commercial Investment and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Total Assets as of December 31, 2018 $ 1,074,838 $ 16,078 $ 9 $ 129,992 $ (129,322 ) $ 1,091,595 Total Assets as of December 31, 2017 $ 1,033,483 $ 16,298 $ 19 $ 121,326 $ (120,395 ) $ 1,050,731

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The financial statements are prepared in accordance with accounting principles generally accepted in the United States of America. These principles require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses. The estimation process includes management’s judgment as to future losses on existing loans based on an internal review of the loan portfolio, including an analysis of the borrower’s current financial position, the consideration of current and anticipated economic conditions and the effect on specific borrowers. In determining the collectability of loans management also considers the fair value of underlying collateral. Various regulatory agencies, as an integral part of their examination process, review the Company’s allowance for loan losses. Such agencies may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination. Because of these factors it is possible that the allowance for loan losses could change materially.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand, due from banks, interest-bearing bank balances, federal funds sold and securities purchased under agreements to resell. Generally federal funds are sold for a one-day period and securities purchased under agreements to resell mature in less than 90 days.
Investment Securities	Investment Securities Investment securities are classified as either held-to-maturity, available-for-sale or trading securities. In determining such classification, securities that the Company has the positive intent and ability to hold to maturity are classified as held-to maturity and are carried at amortized cost. Securities classified as available-for-sale are carried at estimated fair values with unrealized gains and losses included in shareholders’ equity on an after tax basis. Trading securities are carried at estimated fair value with unrealized gains and losses included in non-interest income (See Note 4). Gains and losses on the sale of available-for-sale securities and trading securities are determined using the specific identification method. Declines in the fair value of individual held-to-maturity and available-for-sale securities below their cost that are judged to be other than temporary are written down to fair value and charged to income in the Consolidated Statement of Income. Premiums and discounts are recognized in interest income using the interest method over the period to maturity.
Mortgage Loans Held for Sale	Mortgage Loans Held for S The Company originates fixed rate residential loans on a servicing released basis in the secondary market. Loans closed but not yet settled with an investor, are carried in the Company’s loans held for sale portfolio. These loans are primarily fixed rate residential loans that have been originated in the Company’s name and have closed. Virtually all of these loans have commitments to be purchased by investors at a locked in price with the investors on the same day that the loan was locked in with the Company’s customers. Therefore, these loans present very little market risk for the Company. The Company usually delivers to, and receives funding from, the investor within 30 days. Commitments to sell these loans to the investor are considered derivative contracts and are sold to investors on a “best efforts” basis. The Company is not obligated to deliver a loan or pay a penalty if a loan is not delivered to the investor. As a result of the short-term nature of these derivative contracts, the fair value of the mortgage loans held for sale in most cases is the same as the value of the loan amount at its origination .
Loans and Allowance for Loan Losses	Loans and Allowance for Loan Losses Loan receivables that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are reported at their outstanding principal balance adjusted for any charge-offs, the allowance for loan losses, and any deferred fees or costs on originated loans. Interest is recognized over the term of the loan based on the loan balance outstanding. Fees charged for originating loans, if any, are deferred and offset by the deferral of certain direct expenses associated with loans originated. The net deferred fees are recognized as yield adjustments by applying the interest method. The allowance for loan losses is maintained at a level believed to be adequate by management to absorb potential losses in the loan portfolio. Management’s determination of the adequacy of the allowance is based on an evaluation of the portfolio, past loss experience, economic conditions and volume, growth and composition of the portfolio. The Company considers a loan to be impaired when, based upon current information and events, it is believed that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Loans that are considered impaired are accounted for at the lower of carrying value or fair value. The accrual of interest on impaired loans is discontinued when, in management’s opinion, the borrower may be unable to meet payments as they become due, generally when a loan becomes 90 days past due. When interest accrual is discontinued, all unpaid accrued interest is reversed. Interest income is subsequently recognized only to the extent cash payments are received first to principal and then to interest income.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the asset’s estimated useful life. Estimated lives range up to 39 years for buildings and up to 10 years for furniture, fixtures and equipment.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill represents the cost in excess of fair value of net assets acquired (including identifiable intangibles) in purchase transactions. Other intangible assets represent premiums paid for acquisitions of core deposits (core deposit intangibles). Core deposit intangibles are being amortized on a straight-line basis over seven years. Goodwill and identifiable intangible assets are reviewed for impairment annually or whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. The annual valuation is performed on September 30 of each year.
Other Real Estate Owned	Other Real Estate Owned Other real estate owned includes real estate acquired through foreclosure. Other real estate owned is carried at the lower of cost (principal balance at date of foreclosure) or fair value minus estimated cost to sell. Any write-downs at the date of foreclosure are charged to the allowance for loan losses. Expenses to maintain such assets, subsequent changes in the valuation allowance, and gains or losses on disposal are included in other expenses.
Comprehensive Income (Loss)	Comprehensive Income (loss) The Company reports comprehensive income (loss) in accordance with Accounting Standards Codification (“ASC”) 220, “Comprehensive Income.” ASC 220 requires that all items that are required to be reported under accounting standards as comprehensive income (loss) be reported in a financial statement that is displayed with the same prominence as other financial statements. The disclosures requirements have been included in the Company’s consolidated statements of comprehensive income.
Mortgage Origination Fees	Mortgage Origination Fees Mortgage origination fees relate to activities comprised of accepting residential mortgage applications, qualifying borrowers to standards established by investors and selling the mortgage loans to the investors under pre-existing commitments. The related fees received by the Company for these services are recognized at the time the loan is closed.
Advertising Expense	Advertising Expense Advertising and public relations costs are generally expensed as incurred. External costs incurred in producing media advertising are expensed the first time the advertising takes place. External costs relating to direct mailing costs are expensed in the period in which the direct mailings are sent. Advertising expense totaled $919 thousand, $901 thousand and $820 thousand for the years ended December 31, 2018, 2017, and 2016, respectively.
Income Taxes	Income Taxes A deferred income tax liability or asset is recognized for the estimated future effects attributable to differences in the tax bases of assets or liabilities and their reported amounts in the financial statements as well as operating loss and tax credit carry forwards. The deferred tax asset or liability is measured using the enacted tax rate expected to apply to taxable income in the period in which the deferred tax asset or liability is expected to be realized. In 2006, the FASB issued guidance related to Accounting for Uncertainty in Income Taxes. This guidance clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements in accordance with FASB ASC Topic 740-10, “Income Taxes.” It also prescribes a recognition threshold and measurement of a tax position taken or expected to be taken in an enterprise’s tax return.
Stock Based Compensation Cost	Stock Based Compensation Cost The Company accounts for stock based compensation under the fair value provisions of the accounting literature. Compensation expense is recognized in salaries and employee benefits. The fair value of each grant is estimated on the date of grant using the Black-Sholes option pricing model. No options were granted in 2018, 2017 or 2016.
Earnings Per Common Share	Earnings Per Common Share Basic earnings per common share (“EPS”) excludes dilution and is computed by dividing income available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income available to common shareholders by the weighted average number of shares of common stock and common stock equivalents. Common stock equivalents consist of stock options and warrants and are computed using the treasury stock method.
Business Combinations and Method of Accounting for Loans Acquired	Business Combinations and Method of Accounting for Loans Acquired The Company accounts for its acquisitions under FASB ASC Topic 805, “ Business Combinations Fair Value Measurements and Disclosures.” Acquired credit-impaired loans are accounted for under the accounting guidance for loans and debt securities acquired with deteriorated credit quality, found in FASB ASC Topic 310-30, “ Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality,” Accounting for Certain Loans or Debt Securities Acquired in a Transfer
Segment Information	Segment Information ASC Topic 280-10, “ Segment Reporting
Recently Issued Accounting Standards	Recently Issued Accounting Standards In May 2014, the FASB issued guidance (ASU 2014-09) to change the recognition of revenue from contracts with customers. The core principle of the new guidance is that an entity recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. The guidance is effective for the Company as of January 1, 2018. The Company evaluated the overall impact on affected revenue streams and any related contracts, including asset management fees, gains and losses on the sale of real estate, deposit related fees and interchange fees. Based on this evaluation, the Company determined that ASU 2014-09 did not materially change the method in which revenue from impacted revenue streams was previously being recognized. The Company applied the guidance using a modified retrospective approach. This approach requires the application of the new guidance to uncompleted contracts at the date of adoption. Periods prior to the date of adoption were not retrospectively revised as the impact on uncompleted contracts at the date of adoption was not material. In January 2016, the FASB amended the Financial Instruments topic of the Accounting Standards Codification (ASU 2016-01) to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The amendments were effective for the Company on January 1, 2018. The guidance affects the accounting for equity investments, financial liabilities under the fair value option, and the presentation and disclosure of financial instruments. The amendments related to equity securities without readily determinable fair values were applied prospectively to equity investments that exist as of the date of adoption of the amendments. ASU 2016-01 requires the use of exit price rather than entrance price in determining the fair value of loans not measured at fair value on a non-recurring basis in the consolidated balance sheets. See Note 6 - Fair Value of Financial Instruments for information regarding the change in the valuation of these loans. The adoption of ASU 2016-01 did not have a material impact on the Company’s financial statements. In June 2016, the FASB issued guidance to change the accounting for credit losses and modify the impairment model for certain debt securities. The amendments will be effective for the Company for reporting periods beginning after December 15, 2019. Early adoption is permitted for all organizations for periods beginning after December 15, 2018. The Company is currently evaluating the effect that implementation of the new standard will have on its financial position, results of operations, and cash flows. In August 2016, the FASB amended the Statement of Cash Flows topic of the ASC to clarify how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments are effective for the Company for fiscal years beginning after December 15, 2017 including interim periods within those fiscal years. These amendments had no material effect on the Company’s financial statements. In January 2017, the FASB issued guidance to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendment to the Business Combinations Topic is intended to address concerns that the existing definition of a business has been applied too broadly and has resulted in many transactions being recorded as business acquisitions that in substance are more akin to asset acquisitions. The guidance was effective for the Company for reporting periods beginning after December 15, 2017. These amendments had no material effect on the Company’s financial statements. In January 2017, the FASB amended the Goodwill and Other Topic of the ASC to simplify the accounting for goodwill impairment for public business entities and other entities that have goodwill reported in their financial statements and have not elected the private company alternative for the subsequent measurement of goodwill. The amendment removes Step 2 of the goodwill impairment test. Goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The effective date and transition requirements for the technical corrections will be effective for the Company for reporting periods beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not expect these amendments to have a material effect on its financial statements. In March 2017, the FASB amended the requirements in the Receivables—Nonrefundable Fees and Other Costs Topic of the ASC related to the amortization period for certain purchased callable debt securities held at a premium. The amendments shorten the amortization period for the premium to the earliest call date. The amendments became effective for the Company for interim and annual periods beginning after December 15, 2018. The Company does not expect these amendments to have a material effect on its financial statements. In September 2017, the FASB updated the Revenue from Contracts with Customers and the Leases Topics of the ASC. The amendments incorporate into the ASC recent SEC guidance about certain public business entities (PBEs) electing to use the non-PBE effective dates solely to adopt the FASB’s new standards on revenue and leases. The amendments were effective upon issuance and did not have a material effect on the Company’s financial statements. In November 2017, the FASB updated the Income Statement and Revenue from Contracts with Customers Topics of the ASC. The amendments incorporate into the ASC recent SEC guidance related to revenue recognition. The amendments were effective upon issuance and did not have a material effect on the Company’s financial statements. In March 2018, the FASB updated the Debt Securities and the Regulated Operations Topics of the ASC. The amendments incorporate into the Accounting Standards Codification recent SEC guidance which was issued in order to make the relevant interpretive guidance consistent with current authoritative accounting and auditing guidance and SEC rules and regulations. The amendments were effective upon issuance and did not have a material effect on the financial statements. In March 2018, the FASB updated the Income Taxes Topic of the ASC. The amendments incorporate into the ASC recent SEC guidance related to the income tax accounting implications of the Tax Cuts and Jobs Act. The amendments were effective upon issuance and did not have a material effect on the Company’s financial statements. In May 2018, the FASB amended the Financial Services—Depository and Lending Topic of the ASC to remove outdated guidance related to Circular 202. The amendments were effective upon issuance and did not have a material effect on the Company’s financial statements. In July 2018, the FASB amended the Leases Topic of the ASC to make narrow amendments to clarify how to apply certain aspects of the new leases standard. Additionally, amendments were made to give entities another option for transition and to provide lessors with a practical expedient. The amendments are effective for reporting periods beginning after December 15, 2018. The Company does not expect these amendments to have a material effect on its financial statements. In August 2018, the FASB amended the Fair Value Measurement Topic of the ASC. The amendments remove, modify, and add certain fair value disclosure requirements based on the concepts in the FASB Concepts Statement, Conceptual Framework for Financial Reporting—Chapter 8: Notes to Financial Statements. The amendments are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted. An entity is permitted to early adopt any removed or modified disclosures upon issuance of this ASU and delay adoption of the additional disclosures until their effective date. The Company does not expect these amendments to have a material effect on its financial statements. In August 2018, the FASB amended the Intangibles—Goodwill and Other Topic of the ASC to align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The amendments will be effective for the Company for fiscal years beginning after December 15, 2019. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In October 2018, the FASB amended the Derivatives and Hedging Topic of the ASC to expand the list of U.S. benchmark interest rates permitted in the application of hedge accounting. The amendments will be effective for the Company for fiscal years beginning after December 15, 2018. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In October 2018, the FASB amended the Consolidation topic of the ASC for determining whether a decision-making fee is a variable interest. The amendments require organizations to consider indirect interests held through related parties under common control on a proportional basis rather than as the equivalent of a direct interest in its entirety. The amendments will be effective for the Company for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted. The Company will apply a full retrospective approach in which financial statements for each individual prior period presented and the opening balances of the earliest period presented are adjusted to reflect the period-specific effects of applying the amendments. The Company does not expect these amendments to have a material effect on its financial statements. In November 2018, the FASB amended the Collaborative Arrangements Topic of the ASC to clarify the interaction between the guidance for certain collaborative arrangements and the new revenue recognition financial accounting and reporting standard. The amendments will be effective for the Company for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In December 2018, the FASB issued guidance that providing narrow-scope improvements for lessors, that provides relief in the accounting for sales, use and similar taxes, the accounting for other costs paid by a lessee that may benefit a lessor, and variable payments when contracts have lease and non-lease components. The amendments became effective for the Company for reporting periods beginning after December 15, 2018. The Company does not expect these amendments to have a material effect on its financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.
Risk and Uncertainties	Risk and Uncertainties In the normal course of business, the Company encounters two significant types of risks: economic and regulatory. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk to the degree that its interest-bearing liabilities mature or reprice at different speeds, or on a different basis, than its interest-earning assets. Credit risk is the risk of default on the Company’s loan and investment portfolios that results from borrowers’ or issuer’s inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of collateral underlying loans and investments and the valuation of real estate held by the Company. The Company is subject to regulations of various governmental agencies (regulatory risk). These regulations can and do change significantly from period to period. The Company also undergoes periodic examinations by the regulatory agencies, which may subject it to further changes with respect to asset valuations, amounts of required loan loss allowances and operating restrictions from regulators’ judgments based on information available to them at the time of their examination.
Reclassifications	Reclassifications Certain captions and amounts in the 2016 and 2017 consolidated financial statements were reclassified to conform to the 2018 presentation.

MERGERS AND ACQUISTIONS (Tables

MERGERS AND ACQUISTIONS (Tables)	12 Months Ended
	Dec. 31, 2018
Mergers And Acquistions
Schedule of Assets Acquired and Liabilities Assumed - Initial Fair Value Adjustment	The following table presents the assets acquired and liabilities assumed as of October 20, 2017 as recorded by the Company on the acquisition date and initial fair value adjustments. As Recorded by Fair Value As Recorded (Dollars in thousands, except per share data) Cornerstone Adjustments by the Company Assets Cash and cash equivalents $ 30,060 $ — $ 30,060 Investment securities 44,018 (358 )(a) 43,660 Loans 60,835 (734 )(b) 60,101 Premises and equipment 4,164 573 (c) 4,737 Intangible assets — 1,810 (d) 1,810 Bank owned life insurance 2,384 — 2,384 Other assets 3,082 (452 )(e) 2,630 Total assets $ 144,543 $ 839 $ 145,382 Liabilities Deposits: Noninterest-bearing $ 27,296 $ — $ 27,296 Interest-bearing 99,152 150 (f) 99,302 Total deposits 126,448 150 126,598 Securities sold under agreements to repurchase 849 — 849 Other liabilities 320 96 (g) 416 Total liabilities 127,617 246 127,863 Net identifiable assets acquired over liabilities assumed 16,926 593 17,519 Goodwill — 9,558 9,558 Net assets acquired over liabilities assumed $ 16,926 $ 10,151 $ 27,077 Consideration: First Community Corporation common shares issued 877,364 Purchase price per share of the Company’s common stock $ 22.05 $ 19,346 Cash exchanged for stock and fractional shares 7,731 Fair value of total consideration transferred $ 27,077 (a)—Adjustment reflects marking the securities portfolio to fair value as of the acquisition date. (b)—Adjustment reflects the fair value adjustments based on the Company’s evaluation of the acquired loan portfolio and excludes the allowance for loan losses recorded by Cornerstone. (c)—Adjustment reflects the fair value adjustments based on the Company’s evaluation of the acquired premises and equipment. (d)—Adjustment reflects the recording of the core deposit intangible on the acquired deposit accounts. (e)—Adjustment reflects the deferred tax adjustment related to fair value adjustments at 34%. (f)—Adjustment reflects the fair value adjustment on interest-bearing deposits.
Schedule of Impact of Merger and Pro Forma Information	The following table discloses the impact of the merger with Cornerstone (excluding the impact of merger-related expenses) since the acquisition on October 20, 2017 through December 31, 2017. The table also presents certain pro forma information as if Cornerstone had been acquired on January 1, 2017 and January 1, 2016. These results combine the historical results of Cornerstone in the Company’s consolidated statement of income and, while certain adjustments were made for the estimated impact of certain fair value adjustments and other acquisition-related activity, they are not indicative of what would have occurred had the acquisition taken place on January 1, 2017 or January 1, 2016. Pro Forma Pro Forma Twelve Months Twelve Months (Dollars in thousands) Ended Ended Total revenues (net interest income plus noninterest income) $ 43,602 $ 41,300 Net income $ 6,791 $ 7,750

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and estimated fair values of available-for-sale	AVAILABLE-FOR-SALE: Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2018 US Treasury securities $ 15,488 $ 9 $ 40 $ 15,457 Government Sponsored Enterprises 1,096 6 2 1,100 Mortgage-backed securities 117,862 73 2,460 115,475 Small Business Administration pools 55,784 247 695 55,336 State and local government 50,599 619 712 50,506 Corporate and other securities 19 — — 19 $ 240,848 $ 954 $ 3,909 $ 237,893 Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2017 US Treasury securities $ 1,529 $ — $ 24 $ 1,505 Government Sponsored Enterprises 1,085 24 — 1,109 Mortgage-backed securities 145,185 285 1,702 143,768 Small Business Administration pools 61,544 374 330 61,588 State and local government 55,111 1,309 416 56,004 Corporate and other securities 932 — 82 850 $ 265,386 $ 1,992 $ 2,554 $ 264,824
Schedule of amortized cost and estimated fair values of held-to-maturity securities	HELD-TO-MATURITY Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2018 State and local government $ 16,174 $ 50 $ 40 $ 16,184 $ 16,174 $ 50 $ 40 $ 16,184 Gross Gross Amortized Unrealized Unrealized (Dollars in thousands) Cost Gains Losses Fair Value December 31, 2017 State and local government $ 17,012 $ 223 $ 15 $ 17,220 $ 17,012 $ 223 $ 15 $ 17,220
Schedule of gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position	The amortized cost and fair value of investment securities at December 31, 2018, by expected maturity, follow. Expected maturities differ from contractual maturities because borrowers may have the right to call or prepay the obligations with or without prepayment penalties. Mortgage-backed securities are included in the year corresponding with the remaining expected life. (Dollars in thousands) Available-for-sale Held-to-maturity Amortized Fair Amortized Fair Cost Value Cost Value Due in one year or less $ 15,060 $ 15,035 $ — $ — Due after one year through five years 121,134 119,721 491 491 Due after five years through ten years 97,095 95,656 8,674 8,676 Due after ten years 7,559 7,481 7,009 7,017 $ 240,848 $ 237,893 $ 16,174 $ 16,184
Schedule of the amortized cost and fair value of investment securities by expected maturity	The following tables show gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position at December 31, 2018 and December 31, 2017. Less than 12 months 12 months or more Total December 31, 2018 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Available-for-sale securities: US Treasury $ 8,355 $ 10 $ 1,488 $ 30 $ 9,843 $ 40 Government Sponsored Enterprise — — 122 2 122 2 Mortgage-Backed Securities 13,917 120 89,870 2,339 103,787 2,459 Small Business Administration pools 16,400 211 20,330 484 36,730 695 State and local government 9,517 52 15,598 660 25,115 712 Corporate bonds and other 7 1 — — 7 1 Total $ 48,196 $ 394 $ 127,408 $ 3,515 $ 175,604 $ 3,909 Less than 12 months 12 months or more Total December 31, 2018 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Held-to-maturity securities: State and local government $ 2,843 $ 14 $ 4,899 $ 26 $ 7,742 $ 40 Total $ 2,843 $ 14 $ 4,899 $ 26 $ 7,742 $ 40 Less than 12 months 12 months or more Total December 31, 2017 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Available-for-sale securities: US Treasury $ — $ — $ 1,505 $ 24 $ 1,505 $ 24 Government Sponsored Enterprise mortgage-backed securities 50,377 420 46,071 1,282 96,448 1,702 Small Business Administration pools 17,607 164 16,311 166 33,918 330 State and local government 3,639 15 12,990 401 16,629 416 Corporate bonds and other — — 790 82 790 82 Total $ 71,623 $ 599 $ 77,667 $ 1,955 $ 149,290 $ 2,554 Less than 12 months 12 months or more Total December 31, 2017 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Held-to-maturity securities: State and local government $ 2,899 $ 15 $ — $ — $ 2,899 $ 15 Total $ 2,899 $ 15 $ — $ — $ 2,899 $ 15

LOANS (Tables)

LOANS (Tables)	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Summary of loans by category	Loans summarized by category are as follows: December 31, (Dollars in thousands) 2018 2017 Commercial, financial and agricultural $ 53,933 $ 51,040 Real estate: Construction 58,440 45,401 Mortgage-residential 52,764 46,901 Mortgage-commercial 513,833 460,276 Consumer: Home equity 29,583 32,451 Other 9,909 10,736 Total $ 718,462 $ 646,805
Schedule of activity in the allowance for loan losses	Activity in the allowance for loan losses was as follows: Years ended December 31, (Dollars in thousands) 2018 2017 2016 Balance at the beginning of year $ 5,797 $ 5,214 $ 4,596 Provision for loan losses 346 530 774 Charged off loans (164 ) (173 ) (239 ) Recoveries 284 226 83 Balance at end of year $ 6,263 $ 5,797 $ 5,214
Schedule of activity in the allowance for loan losses and the recorded investment in loans receivable	The detailed activity in the allowance for loan losses and the recorded investment in loans receivable as of and for the years ended December 31, 2018, December 31, 2017 and December 31, 2016 follows: (Dollars in thousands) Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer Commercial Construction Residential Commercial Home equity Other Unallocated Total 2018 Allowance for loan losses: Beginning balance $ 221 $ 101 $ 461 $ 3,077 $ 308 $ 35 $ 1,594 $ 5,797 Charge-offs — — (1 ) — (23 ) (140 ) — (164 ) Recoveries 3 — 4 210 6 61 — 284 Provisions 206 (12 ) (33 ) 1,031 (30 ) 132 (948 ) 346 Ending balance $ 430 $ 89 $ 431 $ 4,318 $ 261 $ 88 $ 646 $ 6,263 Ending balances: Individually evaluated for impairment $ — $ — $ — $ 14 $ — $ — $ — $ 14 Collectively evaluated for impairment 430 89 431 4,304 261 88 646 6,249 Loans receivable: Ending balance-total $ 53,933 $ 58,440 $ 52,764 $ 513,833 $ 29,583 $ 9,909 $ — $ 718,462 Ending balances: Individually evaluated for impairment — — 322 4,030 29 — — 4,381 Collectively evaluated for impairment 53,933 58,440 52,442 509,803 29,554 9,909 — 714,081 (Dollars in thousands) Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer Commercial Construction Residential Commercial Home equity Other Unallocated Total 2017 Allowance for loan losses: Beginning balance $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Charge-offs (5 ) — — (30 ) (7 ) (131 ) — (173 ) Recoveries 5 — 5 172 24 20 — 226 Provisions 76 (3 ) 18 142 138 19 140 530 Ending balance $ 221 $ 101 $ 461 $ 3,077 $ 308 $ 35 $ 1,594 $ 5,797 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 25 $ — $ — $ — $ 27 Collectively evaluated for impairment 221 101 459 3,052 308 35 1,594 5,770 Loans receivable: Ending balance-total $ 51,040 $ 45,401 $ 46,901 $ 460,276 $ 32,451 $ 10,736 $ — $ 646,805 Ending balances: Individually evaluated for impairment — — 413 4,742 — — — 5,155 Collectively evaluated for impairment 51,040 45,401 46,488 455,534 32,451 10,736 — 641,650 (Dollars in thousands) Real estate Real estate Real estate Mortgage Mortgage Consumer Consumer Commercial Construction Residential Commercial Home equity Other Unallocated Total 2016 Allowance for loan losses: Beginning balance $ 75 $ 51 $ 223 $ 2,036 $ 127 $ 37 $ 2,047 $ 4,596 Charge-offs — — (11 ) (136 ) (20 ) (72 ) — (239 ) Recoveries 5 — 40 21 3 14 — 83 Provisions 65 53 186 872 43 148 (593 ) 774 Ending balance $ 145 $ 104 $ 438 $ 2,793 $ 153 $ 127 $ 1,454 $ 5,214 Ending balances: Individually evaluated for impairment $ — $ — $ 2 $ 4 $ — $ — $ — $ 6 Collectively evaluated for impairment 145 104 436 2,789 153 127 1,454 5,208 Loans receivable: Ending balance-total $ 42,704 $ 45,746 $ 47,472 $ 371,112 $ 31,368 $ 8,307 $ — $ 546,709 Ending balances: Individually evaluated for impairment — — 639 5,124 56 — — 5,819 Collectively evaluated for impairment 42,704 45,746 46,833 365,988 31,312 8,307 — 540,890
Schedule of related party loan	The following table presents related party loan transactions for the years ended December 31, 2018 and December 31, 2017. (Dollars in thousands) For the years ended December 31, 2018 2017 Balance, beginning of year $ 5,938 $ 6,492 New Loans 778 545 Less loan repayments 779 1,099 Balance, end of year $ 5,937 $ 5,938
Schedule of loans individually evaluated and considered impaired	The following table presents at December 31, 2018, 2017 and 2016, loans individually evaluated and considered impaired under FASB ASC 310 “Accounting by Creditors for Impairment of a Loan.” Impairment includes performing troubled debt restructurings. December 31, (Dollars in thousands) 2018 2017 2016 Total loans considered impaired at year end $ 4,381 $ 5,155 $ 5,819 Loans considered impaired for which there is a related allowance for loan loss: Outstanding loan balance $ 453 $ 1,696 $ 224 Related allowance $ 14 $ 27 $ 6 Loans considered impaired and previously written down to fair value $ 3,928 $ 3,485 $ 5,595 Average impaired loans $ 4,128 $ 5,513 $ 8,727 Amount of interest earned during period of impairment $ 160 $ 132 $ 112
Schedule of loan category and loans individually evaluated and considered impaired	The following tables are by loan category and present at December 31, 2018, December 31, 2017 and December 31, 2016 loans individually evaluated and considered impaired under FASB ASC 310, “Accounting by Creditors for Impairment of a Loan.” Impairment includes performing troubled debt restructurings. (Dollars in thousands) December 31, 2018 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — Real estate: Construction — — — — — Mortgage-residential 322 371 — 483 9 Mortgage-commercial 3,577 6,173 — 3,232 128 Consumer: Home Equity 29 30 — 33 2 Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential — — — — — Mortgage-commercial 453 453 14 380 21 Consumer: Home Equity — — — — — Other — — — — — Total: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 322 371 — 483 9 Mortgage-commercial 4,030 6,626 14 3,612 149 Consumer: Home Equity 29 30 — 33 2 Other — — — — — $ 4,381 $ 7,027 $ 14 $ 4,128 $ 160 (Dollars in thousands) December 31, 2017 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — Real estate: Construction — — — — — Mortgage-residential 371 437 — 399 — Mortgage-commercial 3,087 5,966 — 3,420 13 Consumer: Home Equity — — — — — Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 42 42 2 43 2 Mortgage-commercial 1,654 2,261 25 1,652 117 Consumer: Home Equity — — — — — Other — — — — — Total: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 413 479 2 442 2 Mortgage-commercial 4,742 8,227 25 5,072 130 Consumer: Home Equity — — — — — Other — — — — — $ 5,155 $ 8,706 $ 27 $ 5,513 $ 132 (Dollars in thousands) December 31, 2016 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no allowance recorded: Commercial $ — $ — $ — $ — $ — Real estate: Construction — — — — — Mortgage-residential 593 603 — 660 — Mortgage-commercial 4,946 6,821 — 7,777 98 Consumer: Home Equity 56 56 — 56 — Other — — — — — With an allowance recorded: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 46 46 2 48 2 Mortgage-commercial 178 178 4 186 12 Consumer: Home Equity — — — — — Other — — — — — Total: Commercial — — — — — Real estate: Construction — — — — — Mortgage-residential 639 649 2 708 2 Mortgage-commercial 5,124 6,999 4 7,963 110 Consumer: Home Equity 56 56 — 56 — Other — — — — — $ 5,819 $ 7,704 $ 6 $ 8,727 $ 112
Schedule of loan category and loan by risk categories	As of December 31, 2018 and December 31, 2017, and based on the most recent analysis performed, the risk category of loans by class of loans is shown in the table below. (Dollars in thousands) December 31, 2018 Special Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 53,709 $ 224 $ — $ — $ 53,933 Real estate: Construction 58,440 — — — 58,440 Mortgage – residential 51,286 633 845 — 52,764 Mortgage – commercial 505,493 5,176 3,164 — 513,833 Consumer: Home Equity 28,071 1,197 315 — 29,583 Other 9,907 — 2 — 9,909 Total $ 706,906 $ 7,230 $ 4,326 $ — $ 718,462 (Dollars in thousands) December 31, 2017 Special Pass Mention Substandard Doubtful Total Commercial, financial & agricultural $ 50,680 $ 179 $ 181 $ — $ 51,040 Real estate: Construction 45,401 — — — 45,401 Mortgage – residential 45,343 720 838 — 46,901 Mortgage – commercial 446,531 7,698 6,047 — 460,276 Consumer: Home Equity 30,618 1,524 309 — 32,451 Other 10,731 — 5 — 10,736 Total $ 629,304 $ 10,121 $ 7,380 $ — $ 646,805
Schedule of loan category and present loans past due and on non-accrual status	The following tables are by loan category and present loans past due and on non-accrual status as of December 31, 2018 and December 31, 2017: (Dollars in thousands) 30-59 60-89 Days Greater than Nonaccrual Total Past Current Total Loans Commercial $ 18 $ 8 $ — $ — $ 26 $ 53,907 $ 53,933 Real estate: Construction — — — — — 58,440 58,440 Mortgage-residential 110 163 — 284 557 52,207 52,764 Mortgage-commercial 1,302 — — 2,232 3,534 510.299 513,833 Consumer: Home equity 146 11 31 29 217 29,366 29,583 Other 14 55 — — 69 9,840 9,909 Total $ 1,590 $ 237 $ 31 $ 2,545 $ 4,403 $ 714,059 $ 718,462 (Dollars in thousands) 30-59 Days 60-89 Days Greater than Nonaccrual Total Past Current Total Loans Commercial $ 26 $ — $ 32 $ — $ 58 $ 50,982 $ 51,040 Real estate: Construction — — — — — 45,401 45,401 Mortgage-residential 109 38 — 371 518 46,383 46,901 Mortgage-commercial 290 828 — 2,971 4,089 456,187 460,276 Consumer: Home equity 805 36 — — 841 31,610 32,451 Other 1 5 — — 6 10,730 10,736 Total $ 1,231 $ 907 $ 32 $ 3,342 $ 5,512 $ 641,293 $ 646,805
Schedule by loan category, present loans determined to be TDRs	The following table, by loan category, presents loans determined to be TDRs during the twelve month period ended December 31, 2017. Troubled Debt Restructurings For the twelve months ended December 31, 2017 (Dollars in thousands) Number Pre-Modification Post-Modification TDRs Mortgage-Commercial 1 $ 189 $ 189 Total TDRs 1 $ 189 $ 189
Schedule for changes in the accretable yield for PCI loans	A summary of changes in the accretable yield for PCI loans for the years ended December 31, 2018, 2017 and 2016 follows: (Dollars in thousands) Year Year Year Accretable yield, beginning of period $ 21 $ 34 $ 92 Additions — 10 — Accretion (256 ) (67 ) (170 ) Reclassification of nonaccretable difference due to improvement in expected cash flows 284 44 112 Other changes, net 104 — — Accretable yield, end of period $ 153 $ 21 $ 34

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of carrying amount and estimated fair value by classification Level of the Company's financial instruments	The carrying amount and estimated fair value by classification Level of the Company’s financial instruments as of December 31, 2018 and December 31, 2017 are as follows: December 31, 2018 Fair Value (Dollars in thousands) Carrying Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 32,268 $ 32,268 $ 32,268 $ — $ — Held-to-maturity securities 16,174 16,184 — 16,184 — Available-for-sale securities 237,893 237,893 1,642 235,560 691 Other investments, at cost 1,955 1,955 — — 1,955 Loans held for sale 3,223 3,223 — 3,223 — Net loans receivable 712,199 697,432 — 693,065 4,367 Accrued interest 3,579 3,579 3,579 — — Financial liabilities: Non-interest bearing demand $ 244,686 $ 244,686 $ — $ 244,686 $ — Interest bearing demand deposits and money market accounts 393,473 393,473 — 393,4738 — Savings 108,368 108,368 — 108,368 — Time deposits 178,996 177,797 — 177,797 — Total deposits 925,523 925,849 — 925,849 — Federal Home Loan Bank Advances 231 231 — 231 — Short term borrowings 28,022 28,022 — 28,022 — Junior subordinated debentures 14,964 14,178 — 12,791 — Accrued interest payable 861 861 861 — — December 31, 2017 Fair Value (Dollars in thousands) Carrying Total Level 1 Level 2 Level 3 Financial Assets: Cash and short term investments $ 30,591 $ 30,591 $ 30,591 $ — $ — Held-to-maturity securities 17,012 17,220 — 17,220 — Available-for-sale securities 264,824 264,824 790 264,034 — Other investments, at cost 2,559 2,559 — — 2,559 Loans held for sale 5,093 5,093 — 5,093 — Net loans receivable 641,008 639,489 — 634,361 5,128 Accrued interest 3,489 3,489 3,489 — — Financial liabilities: Non-interest bearing demand $ 226,546 $ 226,546 $ — $ 226,546 $ — NOW and money market accounts 364,358 364,358 — 364,358 — Savings 104,756 104,756 — 104,756 — Time deposits 192,663 192,186 — 192,186 — Total deposits 888,323 887,846 — 887,846 — Federal Home Loan Bank Advances 14,250 14,248 — 14,248 — Short term borrowings 19,270 19,270 — 19,270 — Junior subordinated debentures 14,964 15,025 — 15,025 — Accrued interest payable 562 562 562 — —
Schedule of fair value for each category of assets carried at fair value that are measured on a recurring basis	The following table summarizes quantitative disclosures about the fair value for each category of assets carried at fair value as of December 31, 2018 and December 31, 2017 that are measured on a recurring basis. (Dollars in thousands) Description December 31 2018 Quoted Significant Other Significant Available for sale securities US Treasury Securities $ 15,457 $ — $ 15,457 $ — Government sponsored enterprises 1,100 — 1,100 — Mortgage-backed securities 115,475 — 114,784 691 Small Business Administration securities 55,336 1,633 53,703 — State and local government 50,506 — 50,506 — Corporate and other securities 19 9 10 — 237,893 1,642 235,560 691 Loans held for sale 3,223 — 3,223 — Total $ 241,116 $ 1,642 $ 238,783 $ 691 (Dollars in thousands) Description December 31 2017 Quoted Significant Other Significant Available for sale securities US Treasury Securities $ 1,505 $ — $ 1,505 $ — Government sponsored enterprises 1,109 — 1,109 — Mortgage-backed securities 143,768 — 143,768 — Small Business Administration securities 61,588 — 61,588 — State and local government 56,004 — 56,004 — Corporate and other securities 850 790 60 — 264,824 790 264,034 — Loans held for sale 5,093 — 5,093 — Total $ 269,917 $ 790 $ 269,127 $ —
Schedule reconciling the changes in Level 3 financial instruments measured on a recurring basis	The following table reconciles the changes in Level 3 financial instruments for the twelve months ended December 31, 2017 measured on a recurring basis. 2017 ( Dollars in thousands) Corporate Beginning Balance December 31, 2016 $ 1,000 Total gains or losses (realized/unrealized) — Included in other comprehensive income — Purchases, sales, issuances, and settlements (net) — Transfers in and/or out of Level 3 (1,000 ) Ending Balance December 31, 2017 $ —
Schedule of the fair value for each category of assets carried at fair value that are measured on a non-recurring basis	The following tables summarize quantitative disclosures about the fair value for each category of assets carried at fair value as of December 31, 2018 and December 31, 2017 that are measured on a non-recurring basis. (Dollars in thousands) Description December 31, Quoted Prices Significant Significant Impaired loans: Commercial & Industrial $ — $ — $ — $ — Real estate: Mortgage-residential 322 — — 322 Mortgage-commercial 4,016 — — 4,016 Consumer: Home equity 29 — — 29 Other — — — — Total impaired 4,367 — — 4,367 Other real estate owned: Construction 828 — — 828 Mortgage-commercial 632 — — 632 Total other real estate owned 1,460 — — 1,460 Total $ 6,057 $ — $ — $ 6,057 (Dollars in thousands) Description December 31, Quoted Prices Significant Significant Impaired loans: Commercial & Industrial $ — $ — $ — $ — Real estate: Mortgage-residential 411 — — 411 Mortgage-commercial 4,717 — — 4,717 Consumer: Home equity — — — — Other — — — — Total impaired 5,128 — — 5,128 Other real estate owned: Construction 828 — — 828 Mortgage-residential 47 — — 47 Mortgage-commercial 1,059 — — 1,059 Total other real estate owned 1,934 — — 1,934 Total $ 7,062 $ — $ — $ 7,062
Schedule of significant unobservable inputs used in the fair value measurements	For Level 3 assets and liabilities measured at fair value on a non-recurring or non-recurring basis as of December 31, 2018 and December 31, 2017, the significant unobservable inputs used in the fair value measurements were as follows: (Dollars in thousands) Fair Value Valuation Technique Significant Observable Inputs Significant Unobservable Inputs OREO $ 1,460 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 4,367 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost (Dollars in thousands) Fair Value Valuation Technique Significant Significant OREO $ 1,934 Appraisal Value/Comparison Sales/Other estimates Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost Impaired loans $ 5,128 Appraisal Value Appraisals and or sales of comparable properties Appraisals discounted 6% to 16% for sales commissions and other holding cost

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Property and equipment consisted of the following: December 31, (Dollars in thousands) 2018 2017 Land $ 10,640 $ 10,683 Premises 27,678 28,684 Equipment 5,323 4,673 Fixed assets in progress 1,656 863 45,297 44,903 Accumulated depreciation 10,310 8,800 $ 34,987 $ 36,103

GOODWILL, CORE DEPOSIT INTANG_2

GOODWILL, CORE DEPOSIT INTANGIBLE AND OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets (excluding goodwill)	Intangible assets (excluding goodwill) consisted of the following: December 31, (Dollars in thousands) 2018 2017 Core deposit premiums, gross carrying amount $ 3,358 $ 3,358 Other intangibles 538 538 3,896 3,896 Accumulated amortization (1,890 ) (1,327 ) Net $ 2,006 $ 2,569

OTHER REAL ESTATE OWNED (Tables

OTHER REAL ESTATE OWNED (Tables)	12 Months Ended
	Dec. 31, 2018
Real Estate [Abstract]
Summary of activity in the other real estate owned	The following summarizes the activity in the other real estate owned for the years ended December 31, 2018 and 2017. December 31, (In thousands) 2018 2017 Balance—beginning of year $ 1,934 $ 1,146 Additions—foreclosures 346 1,275 Writedowns — 39 Sales 820 448 Balance, end of year $ 1,460 $ 1,934

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2018
Banking and Thrift [Abstract]
Schedule of Total Deposit Liabilities	The Company’s total deposits are comprised of the following at the dates indicated: December 31, December 31, (Dollars in thousands) 2018 2017 Non-interest bearing demand deposits $ 244,686 $ 226,546 Interest bearing demand deposits and money market accounts 393,473 364,358 Savings 108,369 104,756 Time deposits 178,995 192,663 Total deposits $ 925,523 $ 888,323
Schedule of maturities of certificates of deposits	At December 31, 2018, the scheduled maturities of time deposits are as follows: (Dollars in thousands) 2019 $ 107,985 2020 36,649 2021 19,883 2022 6,858 2023 7,620 $ 178,995

ADVANCES FROM FEDERAL HOME LO_2

ADVANCES FROM FEDERAL HOME LOAN BANK (Tables)	12 Months Ended
	Dec. 31, 2018
Advances from Federal Home Loan Banks [Abstract]
Schedule of advances from the FHLB	Advances from the FHLB at December 31, 2018 and 2017, consisted of the following: December 31, (In thousands) 2018 2017 Maturing Amount Rate Amount Rate 2018 $ — — $ 14,000 1.41 % 2019 — — — — 2020 231 1.00 % 250 1.00 % $ 231 1.00 % $ 14,250 1.40 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of income tax expense (benefit)	Income tax expense for the years ended December 31, 2018, 2017 and 2016 consists of the following: Year ended December 31 (Dollars in thousands) 2018 2017 2016 Current Federal $ 2,244 $ 1,665 $ 2,491 State 351 92 136 2,595 1,757 2,627 Deferred Federal 99 1,573 (460 ) State — — — 99 1,573 (460 ) Income tax expense $ 2,694 $ 3,330 $ 2,167
Schedule of reconciliation from expected federal tax expense to effective income tax expense (benefit)	Reconciliation from expected federal tax expense to effective income tax expense (benefit) for the periods indicated are as follows: Year ended December 31 (Dollars in thousands) 2018 2017 2016 Expected federal income tax expense $ 2,924 $ 3,109 $ 3,009 State income tax net of federal benefit 277 61 90 Tax exempt interest (353 ) (593 ) (608 ) Increase in cash surrender value life insurance (152 ) (212 ) (206 ) Valuation allowance released 68 216 2 Merger expenses — 92 — Low income housing tax credits — (186 ) (186 ) Excess tax benefit of stock compensation (12 ) (197 ) — Deferred tax adjustment resulting from tax rate change — 1,247 — Other (58 ) (207 ) 66 $ 2,694 $ 3,330 $ 2,167
Schedule of summary of the tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities	The following is a summary of the tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities: December 31, (Dollars in thousands) 2018 2017 Assets: Allowance for loan losses $ 1,353 $ 1,250 Excess tax basis of deductible intangible assets 391 554 Excess tax basis of assets acquired 8 184 Net operating loss carry forward 852 891 Unrealized loss on available for sale securities 471 118 Compensation expense deferred for tax purposes 1,015 909 Deferred loss on other-than-temporary-impairment charges 5 5 Tax credit carry-forwards 4 73 Other 438 351 Total deferred tax asset 4,537 4,355 Valuation reserve 773 705 Total deferred tax asset net of valuation reserve 3,764 3,630 Liabilities: Tax depreciation in excess of book depreciation 310 358 Excess financial reporting basis of assets acquired 1,139 1,211 Total deferred tax liabilities 1,449 1,569 Net deferred tax asset recognized $ 2,315 $ 2,061

OTHER EXPENSES (Tables)

OTHER EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2018
Other Income and Expenses [Abstract]
Schedule of components of other non-interest expense	A summary of the components of other non-interest expense is as follows: Year ended December 31, (Dollars in thousands) 2018 2017 2016 ATM/debit card, bill payment and data processing* $ 2,300 $ 1,412 $ 798 Supplies 142 165 130 Telephone 422 378 349 Courier 149 106 95 Correspondent services 270 227 237 Insurance 254 394 291 Postage 56 113 182 Loss on limited partnership interest 60 161 172 Director fees 366 378 391 Legal and Professional fees 864 991 738 Shareholder expense 173 131 172 Other 1,704 1,552 1,207 $ 6,760 $ 6,008 $ 4,762 * In June of 2017, the company moved its data processing from an in-house environment to an out-sourcing environment with FIS.

STOCK OPTIONS AND RESTRICTED _2

STOCK OPTIONS AND RESTRICTED STOCK (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of stock option transactions	The table below summarizes the common shares of restricted stock granted to each non-employee director in connection with their overall compensation plan in 2018, 2017 and 2016. Restricted shares granted Value Date shares Year Total per Director per share vest 2018 $ 2,990 230 $ 21.72 1/1/19 2017 3,430 245 $ 20.38 1/1/18 2016 5,303 379 $ 13.20 1/1/17

EARNINGS PER COMMON SHARE (Tabl

EARNINGS PER COMMON SHARE (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Schedule of reconciliation of the numerator and denominator of the basic and diluted earnings per common share computation	The following reconciles the numerator and denominator of the basic and diluted earnings per common share computation: Year ended December 31, (Amounts in thousands) 2018 2017 2016 Numerator (Included in basic and diluted earnings per share) $ 11,229 $ 5,815 $ 6,682 Denominator Weighted average common shares outstanding for: Basic earnings per common share 7,581 6,849 6,617 Dilutive securities: Deferred compensation 84 84 112 Warrants—Treasury stock method 65 70 58 Diluted common shares outstanding 7,730 7,003 6,787 The average market price used in calculating assumed number of shares $ 23.26 $ 21.16 $ 14.86

SHAREHOLDERS' EQUITY, CAPITAL_2

SHAREHOLDERS' EQUITY, CAPITAL REQUIREMENTS AND DIVIDEND RESTRICTIONS (Tables)	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Schedule of actual capital amounts and ratios as well as minimum amounts for each regulatory defined category for the bank and the company	The Company and the Bank exceeded the minimum regulatory capital ratios at December 31, 2018 and 2017, as set forth in the following table: (In thousands) Minimum % Actual % Excess % The Bank (1): December 31, 2018 Risk Based Capital Tier 1 $ 49,043 6.0 % $ 107,806 13.2 % $ 58,764 7.2 % Total Capital 65,390 8.0 % 114,069 14.0 % 48,679 6.0 % CET1 36,782 4.5 % 107,806 13.2 % 71,024 8.7 % Tier 1 Leverage 43,198 4.0 % 107,806 10.0 % 64,608 6.0 % December 31, 2017 Risk Based Capital Tier 1 $ 44,396 6.0 % $ 99,118 13.4 % $ 54,722 7.4 % Total Capital 59,195 8.0 % 104,915 14.2 % 45,720 6.2 % CET1 33,297 4.5 % 99,118 13.4 % 65,821 8.9 % Tier 1 Leverage 41,030 4.0 % 99,118 9.7 % 58,088 5.7 % (1) As a small bank holding company, we are generally not subject to the capital requirements unless otherwise advised by the Federal Reserve.

PARENT COMPANY FINANCIAL INFO_2

PARENT COMPANY FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract]
Schedule of balance sheets for First Community Corporation (Parent Only)	Condensed Balance Sheets At December 31, (Dollars in thousands) 2018 2017 Assets: Cash on deposit $ 4,811 $ 4,367 Interest bearing deposits — 131 Securities purchased under agreement to resell — 129 Investment in bank subsidiary 121,984 115,526 Other 863 729 Total assets $ 127,658 $ 120,882 Liabilities: Junior subordinated debentures $ 14,964 $ 14,964 Other 197 255 Total liabilities 15,161 15,219 Shareholders’ equity 112,497 105,663 Total liabilities and shareholders’ equity $ 127,658 $ 120,882
Schedule of statements of operations for First Community Corporation (Parent Only)	Condensed Statements of Operations Year ended December 31, (Dollars in thousands) 2018 2017 2016 Income: Interest and dividend income $ 23 $ 18 $ 126 Gain on sale of land — 90 — Equity in undistributed earnings of subsidiary 8,348 3,341 4,752 Dividend income from bank subsidiary 3,721 3,001 2,606 Total income 12,092 6,450 7,484 Expenses: Interest expense 718 570 493 Other 386 350 570 Total expense 1,104 920 1,063 Income before taxes 10,988 5,530 6,421 Income tax benefit (241 ) (285 ) (261 ) Net income $ 11,229 $ 5,815 $ 6,682
Schedule of cash flows for First Community Corporation (Parent Only)	Condensed Statements of Cash Flows Year ended December 31, (Dollars in thousands) 2018 2017 2016 Cash flows from operating activities: Net income $ 11,229 $ 5,815 $ 6,682 Adjustments to reconcile net income to net cash provided by operating activities Equity in undistributed earnings of subsidiary (8,348 ) (3,341 ) (4,752 ) Gain on early extinguishment of debt — — — Gain on sales of assets — (90 ) Other-net 12 615 463 Net cash provided by operating activities 2,893 2,999 2,393 Cash flows from investing activities: Proceeds from sale of federal funds 129 — — Proceeds from business acquisition — 131 — Proceeds from sale of land — 1,145 — Proceeds from sale of securities available-for-sale — — 417 Net cash provided by investing activities 129 1,276 417 Cash flows from financing activities: Dividends paid: Common stock (3,033 ) (2,472 ) (2,117 ) Proceeds from issuance of common stock 362 371 304 Restricted shares surrendered (57 ) (408 ) (353 ) Deferred compensation shares 19 — — Net cash used in financing activities (2,709 ) (2,509 ) (2,166 ) Increase (decrease) in cash and cash equivalents 313 1,766 644 Cash and cash equivalents, beginning of year 4,498 2,732 2,088 Cash and cash equivalents, end of year $ 4,811 $ 4,498 $ 2,732

QUARTERLY FINANCIAL DATA (UNA_2

QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Schedule of quarterly financial data	The following provides quarterly financial data for 2018 , 2017 and 2016 (dollars in thousands, except per share amounts). 2018 Fourth Third Second First Interest income $ 10,595 $ 9,984 $ 9,819 $ 9,331 Net interest income 9,392 8,882 8,940 8,534 Provision for loan losses 94 20 30 202 Gain on sale of securities (332 ) — 94 (104 ) Income before income taxes 3,389 3,569 3,596 3,369 Net income 2,686 2,833 3,001 2,709 Net income available to common shareholders 2,686 2,833 3,001 2,709 Net income per share, basic $ 0.35 $ 0.37 $ 0.40 $ 0.36 Net income per share, diluted $ 0.35 $ 0.37 $ 0.39 $ 0.35 2017 Fourth Third Second First Interest income $ 8,738 $ 7,921 $ 7,724 $ 7,773 Net interest income 8,057 7,227 7,049 7,061 Provision for loan losses 170 166 78 116 Gain on sale of securities 49 124 172 54 Income before income taxes 2,108 2,589 2,245 2,203 Net income 502 1,893 1,664 1,756 Net income available to common shareholders 502 1,893 1,664 1,756 Net income per share, basic $ 0.07 $ 0.28 $ 0.25 $ 0.27 Net income per share, diluted $ 0.07 $ 0.28 $ 0.24 $ 0.26 2016 Fourth Third Second First Interest income $ 7,510 $ 7,400 $ 7,459 $ 7,137 Net interest income 6,794 6,651 6,677 6,337 Provision for loan losses 238 179 217 140 Gain on sale of securities — 478 64 59 Income before income taxes 2,238 2,276 2,391 1,944 Net income 1,792 1,677 1,745 1,468 Net income available to common shareholders 1,792 1,677 1,745 1,468 Net income per share, basic $ 0.27 $ 0.26 $ 0.27 $ 0.22 Net income per share, diluted $ 0.26 $ 0.25 $ 0.26 $ 0.22

REPORTABLE SEGMENTS (Tables)

REPORTABLE SEGMENTS (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of Reportable Segment	The following tables present selected financial information for the Company’s reportable business segments for the years ended December 31, 2018, December 31, 2017 and December 31, 2016. Year ended December 31, 2018 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 38,875 $ 830 $ — $ 3,745 $ (3,721 ) $ 39,729 Interest expense 3,263 — — 718 — 3,981 Net interest income $ 35,612 $ 830 $ — $ 3,027 $ (3,721 ) $ 35,748 Provision for loan losses 346 — — — — 346 Noninterest income 5,066 3,895 1,683 — — 10,644 Noninterest expense 27,095 3,242 1,400 386 — 32,123 Net income before taxes $ 13,237 $ 1,483 $ 283 $ 2,641 $ (3,721 ) $ 13,923 Income tax provision (benefit) 2,935 — — (241 ) — 2,694 Net income $ 10,302 $ 1,483 $ 283 $ 2,882 $ (3,721 ) $ 11,229 Year ended December 31, 2017 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 31,634 $ 504 $ — $ 3,019 $ (3,001 ) $ 32,156 Interest expense 2,192 — — 570 — 2,762 Net interest income $ 29,442 $ 504 $ — $ 2,449 $ (3,001 ) $ 29,394 Provision for loan losses 530 — — — — 530 Noninterest income 4,480 3,778 1,291 90 — 9,639 Noninterest expense 25,042 2,841 1,125 350 — 29,358 Net income before taxes $ 8,350 $ 1,441 $ 166 $ 2,189 $ (3,001 ) $ 9,145 Income tax provision (benefit) 3,615 — — (285 ) — 3,330 Net income $ 4,735 $ 1,441 $ 166 $ 2,474 $ (3,001 ) $ 5,815 Year ended December 31, 2016 Commercial Investment (Dollars in thousands) and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Dividend and Interest Income $ 29,186 $ 194 $ — $ 2,732 $ (2,606 ) $ 29,506 Interest expense 2,553 — — 494 — 3,047 Net interest income $ 26,633 $ 194 $ — $ 2,238 $ (2,606 ) $ 26,459 Provision for loan losses 774 — — — — 774 Noninterest income 4,423 3,382 1,135 — — 8,940 Noninterest expense 21,743 2,459 1,005 569 — 25,776 Net income before taxes $ 8,539 $ 1,117 $ 130 $ 1,669 $ (2,606 ) $ 8,849 Income tax provision(benefit) 2,428 — — (261 ) — 2,167 Net income $ 6,111 $ 1,117 $ 130 $ 1,930 $ (2,606 ) $ 6,682 (Dollars in thousands) Commercial Investment and Retail Mortgage advisory and Banking Banking non-deposit Corporate Eliminations Consolidated Total Assets as of December 31, 2018 $ 1,074,838 $ 16,078 $ 9 $ 129,992 $ (129,322 ) $ 1,091,595 Total Assets as of December 31, 2017 $ 1,033,483 $ 16,298 $ 19 $ 121,326 $ (120,395 ) $ 1,050,731

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)Number	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Cash and Cash Equivalents
Period for which federal funds are generally sold	1 day
Mortgage Loans Held for Sale
Period within which the entity delivers to and receives funding from the investor	30 days
Loans and Allowance for Loan Losses
Threshold period past due for discontinuation of accrual of interest on impaired loans	90 days
Segment Information
Number of operating segments	4
Risk and Uncertainties
Number of significant types of risks	2
Number of main components of economic risk	3
Advertising Expenses | $	$ 919	$ 901	$ 820
Core Deposits [Member]
Loans and Allowance for Loan Losses
Period over which intangibles are being amortized	7 years
Building [Member] | Maximum [Member]
Loans and Allowance for Loan Losses
Estimated useful lives	39 years
Furniture and Fixtures [Member] | Maximum [Member]
Loans and Allowance for Loan Losses
Estimated useful lives	10 years

MERGERS AND ACQUISITIONS (Detai

MERGERS AND ACQUISITIONS (Details) - USD ($) $ / shares in Units, $ in Thousands		Oct. 20, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Assets
Loans			$ 718,462	$ 646,805	$ 546,709
Premises and equipment			34,987	36,103
Intangible assets			2,006	2,569
Bank owned life insurance			25,754	25,413
Total assets			1,091,595	1,050,731
Deposits:
Non-interest bearing demand			244,686	226,546
Interest bearing			680,837	661,777
Total deposits			925,523	888,323
Securities sold under agreements to repurchase			28,022	19,270
Other liabilities			10,358	8,261
Total liabilities			979,098	945,068
Goodwill			$ 14,637	$ 14,589
As Recorded by Cornerstone [Member]
Assets
Cash and cash equivalents		$ 30,060
Investment securities		44,018
Loans		60,835
Premises and equipment		4,164
Intangible assets
Bank owned life insurance		2,384
Other assets		3,082
Total assets		144,543
Deposits:
Non-interest bearing demand		27,296
Interest bearing		99,152
Total deposits		126,448
Securities sold under agreements to repurchase		849
Other liabilities		320
Total liabilities		127,617
Net identifiable assets acquired over liabilities assumed		16,926
Goodwill
Net assets acquired over liabilities assumed		$ 16,926
Consideration:
First Community Corporation common shares issued		877,364
Purchase price per share of the Company's common stock		$ 22.05
Equity Interests Issued or Issuable		$ 19,346
Cash exchanged for stock and fractional shares		7,731
Fair value of total consideration transferred		27,077
Fair Value Adjustments [Member]
Assets
Cash and cash equivalents
Investment securities	[1]	(358)
Loans	[2]	(734)
Premises and equipment	[3]	573
Intangible assets	[4]	1,810
Bank owned life insurance
Other assets	[5]	(452)
Total assets		839
Deposits:
Non-interest bearing demand
Interest bearing	[6]	150
Total deposits		150
Securities sold under agreements to repurchase
Other liabilities		96
Total liabilities		246
Net identifiable assets acquired over liabilities assumed		593
Goodwill		9,558
Net assets acquired over liabilities assumed		10,151
As Recorded by the Company [Member]
Assets
Cash and cash equivalents		30,060
Investment securities		43,660
Loans		60,101
Premises and equipment		4,737
Intangible assets		1,810
Bank owned life insurance		2,384
Other assets		2,609
Total assets		145,361
Deposits:
Non-interest bearing demand		27,296
Interest bearing		99,302
Total deposits		126,598
Securities sold under agreements to repurchase		849
Other liabilities		416
Total liabilities		127,863
Net identifiable assets acquired over liabilities assumed		17,519
Goodwill		9,558
Net assets acquired over liabilities assumed		$ 27,077
[1]	Adjustment reflects marking the securities portfolio to fair value as of the acquisition date.
[2]	Adjustment reflects the fair value adjustments based on the Company's evaluation of the acquired loan portfolio and excludes the allowance for loan losses recorded by Cornerstone.
[3]	Adjustment reflects the fair value adjustments based on the Company's evaluation of the acquired premises and equipment.
[4]	Adjustment reflects the recording of the core deposit intangible on the acquired deposit accounts.
[5]	Adjustment reflects the deferred tax adjustment related to fair value adjustments at 34%.
[6]	Adjustment reflects the fair value adjustment on interest-bearing deposits.

MERGERS AND ACQUISITIONS (Det_2

MERGERS AND ACQUISITIONS (Details 2) - Pro Forma [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Total revenues	$ 43,602	$ 41,300
Net income	$ 6,791	$ 77,500

MERGERS AND ACQUISITIONS (Det_3

MERGERS AND ACQUISITIONS (Details Narrative) $ in Thousands	Oct. 20, 2017USD ($)
Mergers And Acquisitions
Merger-related charges related to the Cornerstone acquisition	$ 945

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 240,848	$ 265,386
Gross Unrealized Gains	484	1,992
Gross Unrealized Losses	6,278	2,554
Fair Value	237,893	264,824
US Treasury Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	15,488	1,529
Gross Unrealized Gains
Gross Unrealized Losses	68	24
Fair Value	15,457	1,505
Government sponsored enterprises [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,096	1,085
Gross Unrealized Gains		24
Gross Unrealized Losses	5
Fair Value	1,100	1,109
Government Sponsored Enterprise mortgage-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	117,862	145,185
Gross Unrealized Gains	44	285
Gross Unrealized Losses	4,073	1,702
Fair Value	115,475	143,768
Small Business Administration pools [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	55,784	61,544
Gross Unrealized Gains	147	374
Gross Unrealized Losses	891	330
Fair Value	55,336	61,588
State and local government [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	50,599	55,111
Gross Unrealized Gains	293	1,309
Gross Unrealized Losses	1,241	416
Fair Value	50,506	56,004
Corporate and other securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	19	932
Gross Unrealized Gains
Gross Unrealized Losses		82
Fair Value	19	850
Non-agency mortgage-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Gross Unrealized Gains	144	200
Gross Unrealized Losses	$ 144	$ 204

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt and Equity Securities, FV-NI [Line Items]
Amortized Cost	$ 16,174	$ 17,012
Gross Unrealized Gains	50	223
Gross Unrealized Losses	40	15
Fair Value	16,184	17,220
State and local government [Member]
Debt and Equity Securities, FV-NI [Line Items]
Amortized Cost	16,174	17,012
Gross Unrealized Gains	50	223
Gross Unrealized Losses	40	15
Fair Value	$ 16,184	$ 17,220

INVESTMENT SECURITIES (Detail_2

INVESTMENT SECURITIES (Details 3) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Available-for-sale, Amortized Cost
Due in one year or less	$ 15,060
Due after one year through five years	121,134
Due after five years through ten years	97,095
Due after ten years	7,559
Total	240,848
Available-for-sale, Fair Value
Due in one year or less	15,035
Due after one year through five years	119,721
Due after five years through ten years	95,656
Due after ten years	7,481
Total	237,893
Held To Maturity Securities, Amortized Cost
Due in one year or less
Due after one year through five years	491
Due after five years through ten years	8,674
Due after ten years	7,009
Total	16,174	$ 17,012
Held To Maturity Securities, Fair value
Due in one year or less
Due after one year through five years	491
Due after five years through ten years	8,676
Due after ten years	7,017
Total	$ 16,184	$ 17,220

INVESTMENT SECURITIES (Detail_3

INVESTMENT SECURITIES (Details 4) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Available-for-sale securities
Less Than 12 Months, Fair Value	$ 48,196	$ 71,623
Less Than 12 Months, Unrealized Losses	394	599
12 Months Or Longer, Fair Value	127,408	77,667
12 Months Or Longer, Unrealized Losses	3,515	1,955
Total Fair Value	175,604	149,290
Total Unrealized Losses	3,909	2,554
Held-to-maturity debt securities
Less Than 12 Months, Fair Value	2,843	2,899
Less Than 12 Months, Unrealized Losses	14	15
12 Months Or Longer, Fair Value	4,899
12 Months Or Longer, Unrealized Losses	26
Total Fair Value	7,742	2,899
Total Unrealized Losses	40	15
US Treasury Securities [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	8,355
Less Than 12 Months, Unrealized Losses	10
12 Months Or Longer, Fair Value	1,488	1,505
12 Months Or Longer, Unrealized Losses	30	24
Total Fair Value	9,843	1,505
Total Unrealized Losses	40	24
Government sponsored enterprises [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value
Less Than 12 Months, Unrealized Losses
12 Months Or Longer, Fair Value	122
12 Months Or Longer, Unrealized Losses	2
Total Fair Value	122
Total Unrealized Losses	2
Government Sponsored Enterprise mortgage-backed securities [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	13,917	50,377
Less Than 12 Months, Unrealized Losses	120	420
12 Months Or Longer, Fair Value	89,870	46,071
12 Months Or Longer, Unrealized Losses	2,339	1,282
Total Fair Value	103,787	96,448
Total Unrealized Losses	2,459	1,702
Small Business Administration pools [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	16,400	17,607
Less Than 12 Months, Unrealized Losses	211	164
12 Months Or Longer, Fair Value	20,330	16,311
12 Months Or Longer, Unrealized Losses	484	166
Total Fair Value	36,730	33,918
Total Unrealized Losses	695	330
State and local government [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	9,517	3,639
Less Than 12 Months, Unrealized Losses	52	15
12 Months Or Longer, Fair Value	15,598	12,990
12 Months Or Longer, Unrealized Losses	660	401
Total Fair Value	25,115	16,629
Total Unrealized Losses	712	416
Held-to-maturity debt securities
Less Than 12 Months, Fair Value	2,843	2,899
Less Than 12 Months, Unrealized Losses	14	15
12 Months Or Longer, Fair Value	4,899
12 Months Or Longer, Unrealized Losses	26
Total Fair Value	7,742	2,899
Total Unrealized Losses	40	15
Corporate and other securities [Member]
Available-for-sale securities
Less Than 12 Months, Fair Value	7
Less Than 12 Months, Unrealized Losses	1
12 Months Or Longer, Fair Value		790
12 Months Or Longer, Unrealized Losses		82
Total Fair Value	7	790
Total Unrealized Losses	$ 1	$ 82

INVESTMENT SECURITIES (Detail_4

INVESTMENT SECURITIES (Details Narrative) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Proceeds from sale of investment securities available-for-sale													$ 44,299	$ 25,368	$ 33,215
Gross realized gains													274	422	601
Gross realized losses													616	22
Amortized Cost	$ 240,848												240,848
Fair Value	237,893												237,893
FHLB Stock	955				$ 1,600								955	1,600
Tax provision applicable to net realized gain													(72)	134	204
Securities pledged amortized cost	118,400				101,200								118,400	101,200
Securities pledged fair value	116,200				100,200								116,200	100,200
Gain (loss) on sale of securities	(332)		$ 94	$ (104)	49	$ 124	$ 172	$ 54		$ 478	$ 64	$ 59	(342)	400	$ 601
Held-to-maturity Securities [Member]
Gain (loss) on sale of securities													4
Mutual Funds [Member]
Fair Value	7				790								7	790
Foreign Corporate Debt Securities [Member]
Fair Value	10				60								10	60
Corporate Bond Securities [Member]
Fair Value	$ 1,000				$ 1,000								$ 1,000	$ 1,000

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 718,462	$ 646,805	$ 546,709
Commercial Financial and Agricultural Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	53,933	51,040	42,704
Real Estate Construction Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	58,440	45,401	45,746
Real estate Mortgage-residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	52,764	46,901	47,472
Real estate Mortgage-commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	513,833	460,276	371,112
Consumer Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	29,583	32,451	31,368
Consumer Other Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 9,909	$ 10,736	$ 8,307

LOANS (Details 2)

LOANS (Details 2) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Activity in the allowance for loan losses
Balance at the beginning of the period				$ 5,797				$ 5,214				$ 4,596	$ 5,797	$ 5,214	$ 4,596
Provision for loan losses	$ 94	$ 20	$ 30	$ 202	$ 170	$ 166	$ 78	$ 116	$ 238	$ 179	$ 217	$ 140	346	530	774
Charged off loans													(164)	(173)	(239)
Recoveries													284	226	83
Balance at end of the period	$ 6,263				$ 5,797				$ 5,214				$ 6,263	$ 5,797	$ 5,214

LOANS (Details 3)

LOANS (Details 3) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Activity in the allowance for loan losses
Balance at the beginning of the period				$ 5,797				$ 5,214				$ 4,596	$ 5,797	$ 5,214	$ 4,596
Charge-offs													(164)	(173)	(239)
Recoveries													284	226	83
Provisions	$ 94	$ 20	$ 30	202	$ 170	$ 166	$ 78	116	$ 238	$ 179	$ 217	140	346	530	774
Balance at end of the period	6,263				5,797				5,214				6,263	5,797	5,214
Allowance for loan losses
Individually evaluated for impairment	14				27				6				14	27	6
Collectively evaluated for impairment	6,249				5,770				5,208				6,249	5,770	5,208
Loans receivable:
Ending balance-total	718,462				646,805				546,709				718,462	646,805	546,709
Individually evaluated for impairment	4,381				5,155				5,819				4,381	5,155	5,819
Collectively evaluated for impairment	714,081				641,650				540,890				714,081	641,650	540,890
Commercial Financial and Agricultural Loans [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period				221				145				75	221	145	75
Charge-offs														(5)
Recoveries													3	5	5
Provisions													206	76	65
Balance at end of the period	430				221				145				430	221	145
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	430				221				145				430	221	145
Loans receivable:
Ending balance-total	53,933				51,040				42,704				53,933	51,040	42,704
Individually evaluated for impairment
Collectively evaluated for impairment	53,933				51,040				42,704				53,933	51,040	42,704
Real Estate Construction Loans [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period				101				104				51	101	104	51
Charge-offs
Recoveries
Provisions													(12)	(3)	53
Balance at end of the period	89				101				104				89	101	104
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	89				101				104				89	101	104
Loans receivable:
Ending balance-total	58,440				45,401				45,746				58,440	45,401	45,746
Individually evaluated for impairment
Collectively evaluated for impairment	58,440				45,401				45,746				58,440	45,401	45,746
Real estate Mortgage-residential [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period				461				438				223	461	438	223
Charge-offs													(1)		(11)
Recoveries													4	5	40
Provisions													(33)	18	186
Balance at end of the period	431				461				438				431	461	438
Allowance for loan losses
Individually evaluated for impairment					2				2					2	2
Collectively evaluated for impairment	431				459				436				431	459	436
Loans receivable:
Ending balance-total	52,764				46,901				47,472				52,764	46,901	47,472
Individually evaluated for impairment	322				413				639				322	413	639
Collectively evaluated for impairment	52,442				46,488				46,833				52,442	46,488	46,833
Real estate Mortgage-commercial [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period				3,077				2,793				2,036	3,077	2,793	2,036
Charge-offs														(30)	(136)
Recoveries													210	172	21
Provisions													1,031	142	872
Balance at end of the period	4,318				3,077				2,793				4,318	3,077	2,793
Allowance for loan losses
Individually evaluated for impairment	14				25				4				14	25	4
Collectively evaluated for impairment	4,304				3,052				2,789				4,304	3,052	2,789
Loans receivable:
Ending balance-total	513,833				460,276				371,112				513,833	460,276	371,112
Individually evaluated for impairment	4,030				4,742				5,124				4,030	4,742	5,124
Collectively evaluated for impairment	509,803				455,534				365,988				509,803	455,534	365,988
Consumer Home Equity Line of Credit [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period				308				153				127	308	153	127
Charge-offs													(23)	(7)	(20)
Recoveries													6	24	3
Provisions													(30)	138	43
Balance at end of the period	261				308				153				261	308	153
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	261				308				153				261	308	153
Loans receivable:
Ending balance-total	29,583				32,451				31,368				29,583	32,451	31,368
Individually evaluated for impairment	29								56				29		56
Collectively evaluated for impairment	29,554				32,451				31,312				29,554	32,451	31,312
Consumer Other Financing Receivable [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period				35				127				37	35	127	37
Charge-offs													(140)	(131)	(72)
Recoveries													61	20	14
Provisions													132	19	148
Balance at end of the period	88				35				127				88	35	127
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	88				35				127				88	35	127
Loans receivable:
Ending balance-total	9,909				10,736				8,307				9,909	10,736	8,307
Individually evaluated for impairment
Collectively evaluated for impairment	9,909				10,736				8,307				9,909	10,736	8,307
Unallocated Financing Receivables [Member]
Activity in the allowance for loan losses
Balance at the beginning of the period				$ 1,594				$ 1,454				$ 2,047	1,594	1,454	2,047
Charge-offs
Recoveries
Provisions													(948)	140	(593)
Balance at end of the period	646				1,594				1,454				646	1,594	1,454
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	646				1,594				1,454				646	1,594	1,454
Loans receivable:
Ending balance-total
Individually evaluated for impairment
Collectively evaluated for impairment

LOANS (Details 4)

LOANS (Details 4) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance, beginning of year	$ 5,938	$ 6,492
New Loans	778	545
Less loan repayments	779	1,099
Balance, end of year	5,937	5,938	$ 6,492
Loans considered impaired for which there is a related allowance for loan loss:
Total loans considered impaired at year end	4,381	5,155	5,819
Outstanding loan balance	453	1,696	224
Related allowance	14	27	6
Loans considered impaired and previously written down to fair value	3,928	3,485	5,595
Average impaired loans	4,128	5,513	8,727
Amount of interest earned during period of impairment	$ 160	$ 132	$ 112

LOANS (Details 5)

LOANS (Details 5) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
With no allowance recorded:
Recorded Investment	$ 3,928	$ 3,485	$ 5,595
With an allowance recorded:
Recorded Investment	453	1,696	224
Related allowance	14	27	6
Total:
Recorded Investment	4,381	5,155	5,819
Unpaid Principal Balance	7,027	8,706	7,704
Average Recorded Investment	4,128	5,513	8,727
Interest Income Recognized	160	132	112
Commercial Financial and Agricultural Loans [Member]
With no allowance recorded:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
Real Estate Construction Loans [Member]
With no allowance recorded:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
Real estate Mortgage-residential [Member]
With no allowance recorded:
Recorded Investment	322	371	593
Unpaid Principal Balance	371	437	603
Average Recorded Investment	483	399	660
Interest Income Recognized	9
With an allowance recorded:
Recorded Investment	322	42	46
Unpaid Principal Balance	371	42	46
Related allowance		2	2
Average Recorded Investment		43	48
Interest Income Recognized		2	2
Total:
Recorded Investment	322	413	639
Unpaid Principal Balance	371	479	649
Average Recorded Investment	483	442	708
Interest Income Recognized	9	2	2
Real estate Mortgage-commercial [Member]
With no allowance recorded:
Recorded Investment	3,577	3,087	4,946
Unpaid Principal Balance	6,173	5,966	6,821
Average Recorded Investment	3,232	3,420	7,777
Interest Income Recognized	128	13	98
With an allowance recorded:
Recorded Investment	29	1,654	178
Unpaid Principal Balance	30	2,261	178
Related allowance	14	25	4
Average Recorded Investment	380	1,652	186
Interest Income Recognized	21	117	12
Total:
Recorded Investment	4,030	4,742	5,124
Unpaid Principal Balance	6,626	8,227	6,999
Average Recorded Investment	3,612	5,072	7,963
Interest Income Recognized	149	130	110
Consumer Home Equity Line of Credit [Member]
With no allowance recorded:
Recorded Investment	29		56
Unpaid Principal Balance	30		56
Average Recorded Investment	33		56
Interest Income Recognized	2
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment	29		56
Unpaid Principal Balance	30		56
Average Recorded Investment	33		56
Interest Income Recognized	2
Consumer Other Financing Receivable [Member]
With no allowance recorded:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized
With an allowance recorded:
Recorded Investment	4,381
Unpaid Principal Balance	7,027
Related allowance
Average Recorded Investment
Interest Income Recognized
Total:
Recorded Investment
Unpaid Principal Balance
Average Recorded Investment
Interest Income Recognized

LOANS (Details 6)

LOANS (Details 6) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Loans	$ 718,462	$ 646,805	$ 546,709
Commercial Financial and Agricultural Loans [Member]
Loans	53,933	51,040	42,704
Real Estate Construction Loans [Member]
Loans	58,440	45,401	45,746
Real estate Mortgage-residential [Member]
Loans	52,764	46,901	47,472
Real estate Mortgage-commercial [Member]
Loans	513,833	460,276	371,112
Consumer Home Equity Line of Credit [Member]
Loans	29,583	32,451	31,368
Consumer Other Financing Receivable [Member]
Loans	9,909	10,736	$ 8,307
Pass [Member]
Loans	706,906	629,304
Pass [Member] | Commercial Financial and Agricultural Loans [Member]
Loans	53,709	50,680
Pass [Member] | Real Estate Construction Loans [Member]
Loans	58,440	45,401
Pass [Member] | Real estate Mortgage-residential [Member]
Loans	51,286	45,343
Pass [Member] | Real estate Mortgage-commercial [Member]
Loans	505,493	446,531
Pass [Member] | Consumer Home Equity Line of Credit [Member]
Loans	28,071	30,618
Pass [Member] | Consumer Other Financing Receivable [Member]
Loans	9,907	10,731
Special Mention [Member]
Loans	7,230	10,121
Special Mention [Member] | Commercial Financial and Agricultural Loans [Member]
Loans	224	179
Special Mention [Member] | Real Estate Construction Loans [Member]
Loans
Special Mention [Member] | Real estate Mortgage-residential [Member]
Loans	633	720
Special Mention [Member] | Real estate Mortgage-commercial [Member]
Loans	5,176	7,698
Special Mention [Member] | Consumer Home Equity Line of Credit [Member]
Loans	1,197	1,524
Special Mention [Member] | Consumer Other Financing Receivable [Member]
Loans
Substandard [Member]
Loans	4,326	7,380
Substandard [Member] | Commercial Financial and Agricultural Loans [Member]
Loans		181
Substandard [Member] | Real Estate Construction Loans [Member]
Loans
Substandard [Member] | Real estate Mortgage-residential [Member]
Loans	845	838
Substandard [Member] | Real estate Mortgage-commercial [Member]
Loans	3,164	6,047
Substandard [Member] | Consumer Home Equity Line of Credit [Member]
Loans	315	309
Substandard [Member] | Consumer Other Financing Receivable [Member]
Loans	2	5
Doubtful [Member]
Loans
Doubtful [Member] | Commercial Financial and Agricultural Loans [Member]
Loans
Doubtful [Member] | Real Estate Construction Loans [Member]
Loans
Doubtful [Member] | Real estate Mortgage-residential [Member]
Loans
Doubtful [Member] | Real estate Mortgage-commercial [Member]
Loans
Doubtful [Member] | Consumer Home Equity Line of Credit [Member]
Loans
Doubtful [Member] | Consumer Other Financing Receivable [Member]
Loans

LOANS (Details 7)

LOANS (Details 7) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	$ 1,590	$ 1,231
60-89 Days Past Due	237	907
Greater than 90 Days and Accruing	31	32
Nonaccrual	2,545	3,342
Total Past Due	4,403	5,512
Current	714,059	641,293
Total Loans	718,462	646,805	$ 546,709
Commercial Financial and Agricultural Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	18	26
60-89 Days Past Due	8
Greater than 90 Days and Accruing		32
Nonaccrual
Total Past Due	26	58
Current	53,907	50,982
Total Loans	53,933	51,040	42,704
Real Estate Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due
60-89 Days Past Due
Greater than 90 Days and Accruing
Nonaccrual
Total Past Due
Current	58,440	45,401
Total Loans	58,440	45,401	45,746
Real estate Mortgage-residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	110	109
60-89 Days Past Due	163	38
Greater than 90 Days and Accruing
Nonaccrual	284	371
Total Past Due	557	518
Current	52,207	46,383
Total Loans	52,764	46,901	47,472
Real estate Mortgage-commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	1,302	290
60-89 Days Past Due		828
Greater than 90 Days and Accruing
Nonaccrual	2,232	2,971
Total Past Due	3,534	4,089
Current	510,299	456,187
Total Loans	513,833	460,276	371,112
Consumer Home Equity Line of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	146	805
60-89 Days Past Due	11	36
Greater than 90 Days and Accruing	31
Nonaccrual	29
Total Past Due	217	841
Current	29,366	31,610
Total Loans	29,583	32,451	31,368
Consumer Other Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	14	1
60-89 Days Past Due	55	5
Greater than 90 Days and Accruing
Nonaccrual
Total Past Due	69	6
Current	9,840	10,730
Total Loans	$ 9,909	$ 10,736	$ 8,307

LOANS (Details 8)

LOANS (Details 8) - Nonaccrual Status [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)Number
Financing Receivable, Modifications [Line Items]
Number of Contracts | Number	1
Pre-Modification Outstanding Recorded Investment	$ 189
Post-Modification Outstanding Recorded Investment	$ 189
Real estate Mortgage-commercial [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Number	1
Pre-Modification Outstanding Recorded Investment	$ 189
Post-Modification Outstanding Recorded Investment	$ 189

LOANS (Details 9)

LOANS (Details 9) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Disclosure Loans Details 9Abstract
Accretable yield, beginning of period	$ 21	$ 34	$ 92
Additions		10
Accretion	(256)	(67)	(170)
Reclassification of nonaccretable difference due to improvement in expected cash flows	284	44	112
Other changes, net	104
Accretable yield, end of period	$ 153	$ 21	$ 34

LOANS (Details Narrative)

LOANS (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Non-accrual loans	$ 2,545	$ 3,342
Gross interest income which would have been recorded under the original terms of the non-accrual loans	218	230
Interest recorded on non-accrual loans	38	8
Troubled debt restructurings	2,000	1,800
Interest earned on troubled debt restructurings	132	132
Loans greater than ninety days delinquent and still accruing interest	31	$ 32
As Recorded by Cornerstone [Member]
Acquired Loans Excluded in the Cornerstone Acquisition	57,300
Credit Component of Loans Recorded at Fair Value	$ 1,500

FAIR VALUE MEASUREMENT (Details

FAIR VALUE MEASUREMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financial Assets:
Held-to-maturity securities	$ 16,184	$ 17,220
Available-for-sale securities	237,893	264,824
Other investments, at cost	1,955	2,559
Financial liabilities:
Non-interest bearing demand	244,686	226,546
Interest bearing demand deposits and money market accounts	393,473	364,358
Savings	108,369	104,756
Time deposits	178,995	192,663
Fair Value, Inputs, Level 1 [Member]
Financial Assets:
Cash and short term investments	32,268	30,591
Held-to-maturity securities
Available-for-sale securities	1,642	790
Other investments, at cost
Loans held for sale
Net loans receivable
Accrued interest	3,579	3,489
Financial liabilities:
Non-interest bearing demand
Interest bearing demand deposits and money market accounts
Savings
Time deposits
Total deposits
Federal Home Loan Bank Advances
Short term borrowings
Junior subordinated debentures
Accrued interest payable	861	562
Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Cash and short term investments
Held-to-maturity securities	16,184	17,220
Available-for-sale securities	235,560	264,034
Other investments, at cost
Loans held for sale	3,223	5,093
Net loans receivable	693,065	634,361
Accrued interest
Financial liabilities:
Non-interest bearing demand	244,686	226,546
Interest bearing demand deposits and money market accounts	393,473	364,358
Savings	108,368	104,756
Time deposits	177,797	192,186
Total deposits	925,849	887,846
Federal Home Loan Bank Advances	231	14,248
Short term borrowings	28,022	19,270
Junior subordinated debentures	12,791	15,025
Accrued interest payable
Fair Value, Inputs, Level 3 [Member]
Financial Assets:
Cash and short term investments
Held-to-maturity securities
Available-for-sale securities	691
Other investments, at cost	1,955	2,559
Loans held for sale
Net loans receivable	4,367	5,128
Accrued interest
Financial liabilities:
Non-interest bearing demand
Interest bearing demand deposits and money market accounts
Savings
Time deposits
Total deposits
Federal Home Loan Bank Advances
Short term borrowings
Junior subordinated debentures
Accrued interest payable
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Financial Assets:
Cash and short term investments	32,268	30,591
Held-to-maturity securities	16,174	17,012
Available-for-sale securities	237,893	264,824
Other investments, at cost	1,955	2,559
Loans held for sale	3,223	5,093
Net loans receivable	712,199	641,008
Accrued interest	3,579	3,489
Financial liabilities:
Non-interest bearing demand	244,686	226,546
Interest bearing demand deposits and money market accounts	393,473	364,358
Savings	108,368	104,756
Time deposits	178,996	192,663
Total deposits	925,523	888,323
Federal Home Loan Bank Advances	231	14,250
Short term borrowings	28,022	19,270
Junior subordinated debentures	14,964	14,964
Accrued interest payable	861	562
Estimate of Fair Value, Fair Value Disclosure [Member]
Financial Assets:
Cash and short term investments	32,268	30,591
Held-to-maturity securities	16,184	17,220
Available-for-sale securities	237,893	264,824
Other investments, at cost	1,955	2,559
Loans held for sale	3,223	5,093
Net loans receivable	697,432	639,489
Accrued interest	3,579	3,489
Financial liabilities:
Non-interest bearing demand	244,686	226,546
Interest bearing demand deposits and money market accounts	393,473	364,358
Savings	108,368	104,756
Time deposits	177,797	192,186
Total deposits	925,849	887,846
Federal Home Loan Bank Advances	231	14,248
Short term borrowings	28,022	19,270
Junior subordinated debentures	14,178	15,025
Accrued interest payable	$ 861	$ 562

FAIR VALUE MEASUREMENT (Detai_2

FAIR VALUE MEASUREMENT (Details 2) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	$ 237,893	$ 264,824
Loans held for sale	3,223	5,093
Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	237,893	264,824
US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	15,457	1,505
Government sponsored enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,100	1,109
Small Business Administration pools [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	55,336	61,588
State and local government [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	50,506	56,004
Corporate and other securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	19	850
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	237,893	264,824
Loans held for sale	3,223	5,093
Total Available for sale securities and Loans held for Sale	241,116	269,917
Fair Value, Measurements, Recurring [Member] | US Treasury Securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	15,457	1,505
Fair Value, Measurements, Recurring [Member] | Government sponsored enterprises [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,100	1,109
Fair Value, Measurements, Recurring [Member] | Mortgage-backed securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	115,475	143,768
Fair Value, Measurements, Recurring [Member] | Small Business Administration pools [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	55,336	61,588
Fair Value, Measurements, Recurring [Member] | State and local government [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	50,506	56,004
Fair Value, Measurements, Recurring [Member] | Corporate and other securities [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	19	850
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,642	790
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,642	790
Loans held for sale
Total Available for sale securities and Loans held for Sale	1,642	790
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Government sponsored enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,633
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Corporate and other securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	9	790
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	235,560	264,034
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	235,560	264,034
Loans held for sale	3,223	5,093
Total Available for sale securities and Loans held for Sale	238,783	269,127
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | US Treasury Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	15,457	1,505
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Government sponsored enterprises [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,100	1,109
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	114,784	143,768
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Small Business Administration pools [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	53,703	61,588
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | State and local government [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	50,506	56,004
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Corporate and other securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	10	60
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	691
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	691
Loans held for sale
Total Available for sale securities and Loans held for Sale	691
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	$ 691
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Corporate and other securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale

FAIR VALUE MEASUREMENT (Detai_3

FAIR VALUE MEASUREMENT (Details 3) - Corporate Preferred Stock [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)
Reconciliation of changes in level 3 financial instruments
Balance at the beginning of the period	$ 1,000
Total gains or losses (realized/unrealized)
Included in earnings
Included in other comprehensive income
Purchases, issuances, and settlements
Transfers in and/or out of Level 3	(1,000)
Balance at the end of the period

FAIR VALUE MEASUREMENT (Detai_4

FAIR VALUE MEASUREMENT (Details 4) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	$ 4,381	$ 5,155	$ 5,819
Total other real estate owned	1,460	1,934
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	4,367	5,128
Total other real estate owned	1,460	1,934
Total	6,057	7,062
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	4,367	5,128
Total other real estate owned	1,460	1,934
Total	6,057	7,062
Commercial and Industrial Loans Receivable [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans
Commercial and Industrial Loans Receivable [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans
Real Estate Construction Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total other real estate owned	828	828
Real Estate Construction Loans [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total other real estate owned	828	828
Real estate Mortgage-residential [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	322	411
Total other real estate owned		47
Real estate Mortgage-residential [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	322	411
Total other real estate owned		47
Real estate Mortgage-commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	4,016	4,717
Total other real estate owned	632	1,059
Real estate Mortgage-commercial [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	4,016	4,717
Total other real estate owned	632	1,059
Consumer Home Equity Line of Credit [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	29
Consumer Home Equity Line of Credit [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	$ 29

FAIR VALUE MEASUREMENT (Detai_5

FAIR VALUE MEASUREMENT (Details 5) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
OREO	$ 1,460	$ 1,934
Total impaired loans	4,381	5,155	$ 5,819
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Appraisal Value Comparison Sales Other Estimates Valuation Technique [Member]
OREO	$ 1,460	$ 1,934
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Minimum [Member] | Appraisal Value Comparison Sales Other Estimates Valuation Technique [Member] | Measurement Input, Discount Rate [Member]
Rate (as a percent)	6.00%	6.00%
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Maximum [Member] | Appraisal Value Comparison Sales Other Estimates Valuation Technique [Member] | Measurement Input, Discount Rate [Member]
Rate (as a percent)	16.00%	16.00%
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Appraisal Value Discounted Cash Flows Valuation Technique [Member]
Total impaired loans	$ 4,367	$ 5,128
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Minimum [Member] | Appraisal Value Discounted Cash Flows Valuation Technique [Member] | Measurement Input, Discount Rate [Member]
Rate (as a percent)	6.00%	6.00%
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Maximum [Member] | Appraisal Value Discounted Cash Flows Valuation Technique [Member] | Measurement Input, Discount Rate [Member]
Rate (as a percent)	16.00%	16.00%

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 45,297	$ 44,903
Accumulated depreciation	10,310	8,800
Property and Equipment Net	34,987	36,103
Provision for depreciation	1,519	1,448	$ 1,333
Land [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	10,640	10,683
Building [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	27,678	28,684
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	5,323	4,673
Fixed assets in progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,656	$ 863

GOODWILL, CORE DEPOSIT INTANG_3

GOODWILL, CORE DEPOSIT INTANGIBLE AND OTHER ASSETS (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 3,896	$ 3,896
Accumulated amortization	(1,890)	(1,327)
Net	2,006	2,569
Core Deposits [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	3,358	3,358
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 538	$ 538

GOODWILL, CORE DEPOSIT INTANG_4

GOODWILL, CORE DEPOSIT INTANGIBLE AND OTHER ASSETS (Details Narrative) - USD ($) $ in Thousands	Jul. 31, 2011	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Goodwill [Line Items]
Amortization of the intangibles		$ 563	$ 343	$ 318
Goodwill		14,637	14,589
Bank owned life insurance		$ 25,754	$ 25,413
Palmetto South Mortgage Corporation [Member]
Goodwill [Line Items]
Goodwill recorded	$ 571

OTHER REAL ESTATE OWNED (Detail

OTHER REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Other real estate owned
Balance-beginning of year	$ 1,934	$ 1,146
Additions	346	1,275
Writedowns		39
Sales	820	448
Balance, end of year	$ 1,460	$ 1,934

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Disclosure Deposits Details Abstract
Non-interest bearing demand deposits	$ 244,686	$ 226,546
NOW and money market accounts	393,473	364,358
Savings	108,369	104,756
Time deposits	178,995	192,663
Total deposits	$ 925,523	$ 888,323

DEPOSITS (Details 2)

DEPOSITS (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Scheduled maturities of Certificates of Deposits
2019	$ 107,985
2020	36,649
2021	19,883
2022	6,858
2023	7,620
Total	178,995	$ 192,663
Interest paid on certificates of deposits
Interest paid on certificates of deposits of $100 thousand or more	717	573	$ 606
Deposits from directors and executive officers and their related interests	5,800	7,000
Amount of overdrafts classified as loans	206	167
Time deposits FDIC insurance limit of $250 thousand	$ 27,800	$ 38,400

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER BORROWED MONEY (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Securities Sold under Agreements to Repurchase [Member]
Short-term Debt [Line Items]
Weighted average interest rate (as a percent)	1.18%	0.74%
Maximum month-end balance	$ 33,400	$ 21,300
Average outstanding balance during the year	27,000	19,200
Line of Credit [Member]
Short-term Debt [Line Items]
Unused short-term lines of credit	$ 30,000	$ 30,000
Minimum [Member] | Securities Sold under Agreements to Repurchase [Member]
Short-term Debt [Line Items]
Maturity term of short-term debt	1 day
Average rate paid (as a percent)	1.08%
Maximum [Member] | Securities Sold under Agreements to Repurchase [Member]
Short-term Debt [Line Items]
Maturity term of short-term debt	4 days
Average rate paid (as a percent)	0.20%

ADVANCES FROM FEDERAL HOME LO_3

ADVANCES FROM FEDERAL HOME LOAN BANK (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Advances from the FHLB, Amount
2018		$ 14,000
2019
2020	231	250
Total	$ 231	$ 14,250
Advances from the FHLB, Rate
2018		1.41%
2019
2020	1.00%	1.00%
Total	1.00%	1.40%
Additional disclosures
Eligible loans pledged as collateral for advances	$ 26,600	$ 35,300
Average advances	$ 4,100	$ 17,100
Average interest rate (as a percent)	1.58%	1.72%
Maximum outstanding amount at any month end	$ 25,300	$ 39,300
Prepaid advances		13,300	$ 35,900
Realized losses on the early extinguishment		$ 447	$ 459

JUNIOR SUBORDINATED DEBT (Detai

JUNIOR SUBORDINATED DEBT (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Sep. 16, 2004
Trust Preferred Securities Subject to Mandatory Redemption [Member] | FCC Capital Trust I [Member]
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Amount of aggregate liquidation		$ 15,000
Junior Subordinated Debt [Member]
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Description of annual interest distribution basis	LIBOR
Annual distribution rate, basis spread (as a percent)	2.57%
Maximum consecutive period available for deferral of interest payments on the securities	5 years
Redemption price as a percentage of the principal amount if the securities are redeemed on or after September 16, 2009	100.00%

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current
Federal	$ 2,244	$ 1,665	$ 2,491
State	351	92	136
Total	3,595	1,757	2,627
Deferred
Federal	99	1,573	(460)
State
Total	99	1,573	(460)
Total	$ 2,694	$ 3,330	$ 2,167

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Reconciliation from expected federal tax expense to effective income tax expense (benefit)
Expected federal income tax expense	$ 2,924	$ 3,109	$ 3,009
State income tax net of federal benefit	277	61	90
Tax exempt interest	(353)	(593)	(608)
Increase in cash surrender value life insurance	(152)	(212)	(206)
Valuation allowance released	68	216	2
Merger expenses		92
Low income housing tax credits		(186)	(186)
Excess tax benefit of stock compensation	(12)	(197)
Deferred tax adjustment resulting from tax rate change		1,247
Other	(58)	(207)	66
Total	$ 2,694	$ 3,330	$ 2,167

INCOME TAXES (Details 3)

INCOME TAXES (Details 3) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Assets:
Allowance for loan losses	$ 1,353	$ 1,250
Excess tax basis of deductible intangible assets	391	554
Excess tax basis of assets acquired	8	184
Net operating loss carry forward	852	891
Unrealized loss on available-for-sale securities	471	118
Compensation expense deferred for tax purposes	1,015	909
Deferred loss on other-than-temporary-impairment charges	5	5
Tax credit carry-forwards	4	73
Other	438	351
Total deferred tax asset	4,537	4,355
Valuation reserve	773	705
Total deferred tax asset net of valuation reserve	3,764	3,630
Liabilities:
Tax depreciation in excess of book depreciation	310	358
Excess financial reporting basis of assets acquired	1,139	1,211
Total deferred tax liabilities	1,449	1,569
Net deferred tax asset recognized	$ 2,315	$ 2,061

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2016
As Recorded by Cornerstone [Member]
Valuation allowance disclosure
Operating loss carry forward, net	$ 854
State [Member]
Valuation allowance disclosure
Operating loss carry forward, net	$ 17,000
Effective Income Tax Rate (as a percentage)	21.00%
Federal [Member]
Valuation allowance disclosure
Operating loss carry forward, net

COMMITMENTS, CONCENTRATIONS O_2

COMMITMENTS, CONCENTRATIONS OF CREDIT RISK AND CONTINGENCIES (Details Narrative) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)Number	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Concentration Risk [Line Items]
Total loan	$ 718,462	$ 646,805	$ 546,709
Commitments to extend credit	$ 126,200	$ 107,600
First Community Bank [Member]
Concentration Risk [Line Items]
Concentrations of credit risk threshold, amounts loaned to multiple borrowers engaged in similar business activities as a percentage of risk based capital	25.00%
Concentrations of credit risk threshold amount of risk entity's risk based capital, amounts loaned to multiple borrowers engaged in similar business activities	$ 28,500
Number of concentration risks | Number	4
First Community Bank [Member] | Loans Receivable [Member] | Credit Concentration Risk [Member] | Real estate Mortgage-commercial [Member]
Concentration Risk [Line Items]
Total loan	$ 561,500
Percentage of concentration risk	78.10%
First Community Bank [Member] | Loans Receivable [Member] | Credit Concentration Risk [Member] | Private Households [Member]
Concentration Risk [Line Items]
Total loan	$ 65,000
Percentage of concentration risk	9.10%
First Community Bank [Member] | Loans Receivable [Member] | Credit Concentration Risk [Member] | Lessors of Non Residential Properties [Member]
Concentration Risk [Line Items]
Total loan	$ 228,400
Percentage of concentration risk	31.80%
First Community Bank [Member] | Loans Receivable [Member] | Credit Concentration Risk [Member] | Lessors of Residential Properties [Member]
Concentration Risk [Line Items]
Total loan	$ 75,200
Percentage of concentration risk	10.50%
First Community Bank [Member] | Loans Receivable [Member] | Credit Concentration Risk [Member] | Religious Organizations [Member]
Concentration Risk [Line Items]
Total loan	$ 42,670
Percentage of concentration risk	5.90%
First Community Bank [Member] | Regulatory Capital [Member] | Credit Concentration Risk [Member] | Private Households [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	65.90%
First Community Bank [Member] | Real estate Mortgage-commercial [Member] | Credit Concentration Risk [Member] | Commercial Real Estate Loans Related to Owner Occupied Properties [Member]
Concentration Risk [Line Items]
Total loan	$ 212,400
Percentage of concentration risk	37.80%

OTHER EXPENSES (Details)

OTHER EXPENSES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Income and Expenses [Abstract]
ATM/debit card and bill payment processing	$ 2,300	$ 1,412	$ 798
Supplies	142	165	130
Telephone	422	378	349
Courier	149	106	95
Correspondent services	270	227	237
Insurance	254	394	291
Postage	56	113	182
Loss on limited partnership interest	60	161	172
Director fees	366	378	391
Professional fees	864	991	738
Shareholder expense	173	131	172
Other	1,704	1,552	1,207
Total	$ 6,760	$ 6,008	$ 4,762

STOCK OPTIONS AND RESTRICTED _3

STOCK OPTIONS AND RESTRICTED STOCK (Details)	12 Months Ended
	Dec. 31, 2018Numbershares	Dec. 31, 2017shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of shares reserved for future grants	328,624	341,114
Shares reserved that were approved by shareholders at the annual meeting	350,000
Number of members of the board of directors in stock option committee | Number	2
Exercisable period	10 years

STOCK OPTIONS AND RESTRICTED _4

STOCK OPTIONS AND RESTRICTED STOCK (Details Narrative) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2014
Subordinated Debt [Member]
Restricted stock
Warrants to purchase	37,130
Exercise price per share (in dollars per share)	$ 5.90
Restricted Stock [Member] | Director [Member]
Restricted stock
Restricted stock issued to each officer (in shares)	230	245	379
Restricted stock issued (in shares)	2,990	3,430	5,303
Value of restricted stock issued (in dollars per share)	$ 21.72	$ 20.38	$ 13.20
Restricted Stock [Member] | Executive Officer [Member]
Restricted stock
Restricted stock issued to each officer (in shares)	11,447	2,103	17,179
Value of restricted stock issued (in dollars per share)	$ 21.72	$ 20.38	$ 13.20
Restricted Stock [Member] | Executive Officer [Member] | Savannah River Financial Corporation [Member]
Restricted stock
Restricted stock issued to each officer (in shares)				29,228
Value of restricted stock issued (in dollars per share)				$ 10.55

EMPLOYEE BENEFIT PLAN (Details

EMPLOYEE BENEFIT PLAN (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
401(k) plan
Plan expense	$ 484	$ 405	$ 372
Employer match of employee contributions of first 3% of eligible compensation (as a percent)	100.00%
Percentage of eligible compensation, matched 100% by employer	3.00%
Employer match of employee contributions of next 2% of eligible compensation (as a percent)	50.00%
Percentage of eligible compensation, matched 50% by employer	2.00%

EMPLOYEE BENEFIT PLAN (Detail_2

EMPLOYEE BENEFIT PLAN (Details Narrative 2) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)Number	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2006USD ($)	Dec. 31, 2007Number
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Cash surrender value of bank-owned life insurance	$ 25,754	$ 25,413
Salary Continuation Plan [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Expenses accrued for the anticipated benefits	$ 460	401	$ 382
Two Key Individuals [Member] | Salary Continuation Plan [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Number of individuals covered under the plan | Number	2
Requisite age of individuals to be covered under the plan	63 years
Monthly benefits	$ 3
Period for which monthly benefits are provided	17 years
Six Additional Key Officers [Member] | Salary Continuation Plan [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Number of individuals covered under the plan | Number						6
Period for which monthly benefits are provided					15 years
Additional single premium life insurance policies purchased		$ 1,500			$ 3,500
Key Individuals [Member] | Salary Continuation Plan [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Additional single premium life insurance policies purchased				$ 5,200

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Share [Abstract]
Numerator (Included in basic and diluted earnings per share)	$ 2,686	$ 2,833	$ 3,001	$ 2,709	$ 502	$ 1,893	$ 1,664	$ 1,756	$ 1,792	$ 1,677	$ 1,745	$ 1,468	$ 11,229	$ 5,815	$ 6,682
Weighted average common shares outstanding for:
Basic earnings common per share (in shares)													7,581	6,849	6,617
Dilutive securities:
Deferred compensation (in shares)													84	84	112
Warrants - Treasury stock method (in shares)													65	70	58
Diluted earnings per share (in shares)													7,730	7,003	6,787
The average market price used in calculating assumed number of shares (in dollars per share)													$ 23.26	$ 21.16	$ 14.86

EARNINGS PER SHARE (Details Nar

EARNINGS PER SHARE (Details Narrative) $ in Thousands	Dec. 16, 2011USD ($)shares
Junior Subordinated Debt [Member]
Debt issued | $	$ 2,500
Common Warrant [Member]
Warrants issued (in shares) | shares	107,500

SHAREHOLDERS' EQUITY, CAPITAL_3

SHAREHOLDERS' EQUITY, CAPITAL REQUIREMENTS AND DIVIDEND RESTRICTIONS (Details) - First Community Bank [Member] - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Tier 1 Capital
Actual Amount	$ 107,806	$ 99,118
Actual Ratio (as a percent)	13.20%	13.40%
Required to be Categorized Adequately Capitalized Amount	$ 49,043	$ 44,396
Required to be Categorized Adequately Capitalized Ratio (as a percent)	6.00%	6.00%
Required to be Categorized Well Capitalized Amount	$ 58,764	$ 54,722
Required to be Categorized Well Capitalized Ratio (as a percent)	7.20%	7.40%
Total Risked Based Capital
Actual Amount	$ 114,069	$ 104,915
Actual Ratio (as a percent)	14.00%	14.20%
Required to be Categorized Adequately Capitalized Amount	$ 65,390	$ 59,195
Required to be Categorized Adequately Capitalized Ratio (as a percent)	8.00%	8.00%
Required to be Categorized Well Capitalized Amount	$ 48,679	$ 45,720
Required to be Categorized Well Capitalized Ratio (as a percent)	6.00%	6.20%
Tier 1 Leverage
Actual Amount	$ 107,806	$ 99,118
Actual Ratio (as a percent)	10.00%	9.70%
Required to be Categorized Adequately Capitalized Amount	$ 43,198	$ 41,030
Required to be Categorized Adequately Capitalized Ratio (as a percent)	4.00%	4.00%
Required to be Categorized Well Capitalized Amount	$ 64,608	$ 58,088
Required to be Categorized Well Capitalized Ratio (as a percent)	6.00%	5.70%
Common Equity Tier I
Actual Amount	$ 107,806	$ 99,118
Actual Ratio (as a percent)	13.20%	13.40%
Required to be Categorized Adequately Capitalized Amount	$ 36,782	$ 33,297
Required to be Categorized Adequately Capitalized Ratio (as a percent)	4.50%	4.50%
Required to be Categorized Well Capitalized Amount	$ 71,024	$ 65,821
Required to be Categorized Well Capitalized Ratio (as a percent)	8.70%	8.90%

SHAREHOLDERS' EQUITY, CAPITAL_4

SHAREHOLDERS' EQUITY, CAPITAL REQUIREMENTS AND DIVIDEND RESTRICTIONS (Details Narrative 2)	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Cash dividends paid as percentage of net income	100.00%

PARENT COMPANY FINANCIAL INFO_3

PARENT COMPANY FINANCIAL INFORMATION (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Assets:
Cash on deposit	$ 14,328	$ 14,803
Interest-bearing bank balances	17,883	15,186
Total assets	1,091,595	1,050,731
Liabilities:
Junior subordinated debentures	14,964	14,964
Other	10,358	8,261
Total liabilities	979,098	945,068
Shareholders' equity	112,497	105,663	$ 81,861	$ 79,038
Total liabilities and shareholders' equity	1,091,595	1,050,731
Parent Company [Member]
Assets:
Cash on deposit	4,811	4,367
Interest-bearing bank balances		131
Securities purchased under agreement to resell		129
Investment in bank subsidiary	121,984	115,526
Other	863	729
Total assets	127,658	120,882
Liabilities:
Junior subordinated debentures	14,964	14,964
Other	197	255
Total liabilities	15,161	15,219
Shareholders' equity	112,497	105,663
Total liabilities and shareholders' equity	$ 127,658	$ 120,882

PARENT COMPANY FINANCIAL INFO_4

PARENT COMPANY FINANCIAL INFORMATION (Details 2) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income:
Interest and dividend income	$ 10,595	$ 9,984	$ 9,819	$ 9,331	$ 8,738	$ 7,921	$ 7,724	$ 7,773	$ 7,510	$ 7,400	$ 7,459	$ 7,137	$ 39,729	$ 32,156	$ 29,506
Expenses:
Interest expense													3,981	2,762	3,047
Other													6,760	6,008	4,762
Total non-interest expense													32,123	29,358	25,776
Income tax benefit													2,694	3,330	2,167
Net income	$ 2,686	$ 2,833	$ 3,001	$ 2,709	$ 502	$ 1,893	$ 1,664	$ 1,756	$ 1,792	$ 1,677	$ 1,745	$ 1,468	11,229	5,815	6,682
Parent Company [Member]
Income:
Interest and dividend income													23	18	126
Gain on sale of land														90
Equity in undistributed earnings of subsidiary													8,348	3,341	4,752
Dividend income from bank subsidiary													3,721	3,001	2,606
Total income													12,092	6,450	7,484
Expenses:
Interest expense													718	570	493
Other													386	350	570
Total non-interest expense													1,104	920	1,063
Income before taxes													10,988	5,530	6,421
Income tax benefit													(241)	(285)	(261)
Net income													$ 11,229	$ 5,815	$ 6,682

PARENT COMPANY FINANCIAL INFO_5

PARENT COMPANY FINANCIAL INFORMATION (Details 3) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net income	$ 2,686	$ 2,833	$ 3,001	$ 2,709	$ 502	$ 1,893	$ 1,664	$ 1,756	$ 1,792	$ 1,677	$ 1,745	$ 1,468	$ 11,229	$ 5,815	$ 6,682
Adjustments to reconcile net income to net cash (used) provided by operating activities
Gain on early extinguishment of debt														(447)	(459)
Gain ( Loss) on sale of other assets													24	235	(33)
Net cash provided by operating activities													20,157	18,351	5,135
Cash flows from investing activities:
Proceeds from sale of land													1,145
Proceeds from sale of securities available-for-sale													44,299	25,368	33,215
Net cash provided (used) by investing activities													(47,794)	8,997	(51,536)
Cash flows from financing activities:
Dividends paid: Common Stock													(3,033)	(2,471)	(2,117)
Restricted shares surrendered													(57)	(408)	(353)
Deferred compensation shares													19
Net cash used in financing activities													29,314	(18,756)	45,459
Parent Company [Member]
Cash flows from operating activities:
Net income													11,229	5,815	6,682
Adjustments to reconcile net income to net cash (used) provided by operating activities
Equity in undistributed earnings of subsidiary													(8,348)	(3,341)	(4,752)
Gain on early extinguishment of debt
Gain ( Loss) on sale of other assets														(90)
Other-net													12	615	463
Net cash provided by operating activities													2,893	2,999	2,393
Cash flows from investing activities:
Proceeds from sale of federal funds													129
Proceeds from business acquisition														131
Proceeds from sale of land														1,145
Proceeds from sale of securities available-for-sale															417
Net cash provided (used) by investing activities													129	1,276	417
Cash flows from financing activities:
Dividends paid: Common Stock													(3,033)	(2,472)	(2,117)
Proceeds from issuance of common stock													362	371	304
Restricted shares surrendered													(57)	(408)	(353)
Deferred compensation shares													19
Net cash used in financing activities													(2,709)	(2,509)	(2,166)
Increase (decrease) in cash and cash equivalents													313	1,766	644
Cash and cash equivalents at beginning of year				$ 4,498				$ 2,732				$ 2,088	4,498	2,732	2,088
Cash and cash equivalents at end of year	$ 4,811				$ 4,498				$ 2,732				$ 4,811	$ 4,498	$ 2,732

QUARTERLY FINANCIAL DATA (UNA_3

QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Interest income	$ 10,595	$ 9,984	$ 9,819	$ 9,331	$ 8,738	$ 7,921	$ 7,724	$ 7,773	$ 7,510	$ 7,400	$ 7,459	$ 7,137	$ 39,729	$ 32,156	$ 29,506
Net interest income	9,392	8,882	8,940	8,534	8,057	7,227	7,049	7,061	6,794	6,651	6,677	6,337	35,748	29,394	26,459
Provision for loan losses	94	20	30	202	170	166	78	116	238	179	217	140	346	530	774
Gain (loss) on sale of securities	(332)		94	(104)	49	124	172	54		478	64	59	(342)	400	601
Income before income taxes	3,389	3,569	3,596	3,369	2,108	2,589	2,245	2,203	2,238	2,276	2,391	1,944	13,923	9,145	8,849
Net income	2,686	2,833	3,001	2,709	502	1,893	1,664	1,756	1,792	1,677	1,745	1,468	11,229	5,815	6,682
Net income available to common shareholders	$ 2,686	$ 2,833	$ 3,001	$ 2,709	$ 502	$ 1,893	$ 1,664	$ 1,756	$ 1,792	$ 1,677	$ 1,745	$ 1,468	$ 11,229	$ 5,815	$ 6,682
Net income per share, basic (in dollars per share)	$ 0.35	$ 0.37	$ 0.4	$ 0.36	$ 0.07	$ 0.28	$ 0.25	$ 0.27	$ 0.27	$ 0.26	$ 0.27	$ 0.22	$ 1.48	$ 0.85	$ 1.01
Net income per share, diluted (in dollars per share)	$ 0.35	$ 0.37	$ 0.39	$ 0.35	$ 0.07	$ 0.28	$ 0.24	$ 0.26	$ 0.26	$ 0.25	$ 0.26	$ 0.22	$ 1.45	$ 0.83	$ 0.98

REPORTABLE SEGMENTS (Details)

REPORTABLE SEGMENTS (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Dividend and Interest Income	$ 10,595	$ 9,984	$ 9,819	$ 9,331	$ 8,738	$ 7,921	$ 7,724	$ 7,773	$ 7,510	$ 7,400	$ 7,459	$ 7,137	$ 39,729	$ 32,156	$ 29,506
Interest expense													3,981	2,762	3,047
Net interest income	9,392	8,882	8,940	8,534	8,057	7,227	7,049	7,061	6,794	6,651	6,677	6,337	35,748	29,394	26,459
Provision for loan losses	94	20	30	202	170	166	78	116	238	179	217	140	346	530	774
Noninterest income													10,644	9,639	8,940
Noninterest expense													32,123	29,358	25,776
Net income before taxes	3,389	3,569	3,596	3,369	2,108	2,589	2,245	2,203	2,238	2,276	2,391	1,944	13,923	9,145	8,849
Income tax benefit													2,694	3,330	2,167
Net income (loss)	2,686	$ 2,833	$ 3,001	$ 2,709	502	$ 1,893	$ 1,664	$ 1,756	$ 1,792	$ 1,677	$ 1,745	$ 1,468	11,229	5,815	6,682
Total assets	1,091,595				1,050,731								1,091,595	1,050,731
Commercial And Retail Banking [Member]
Dividend and Interest Income													38,875	31,634	29,186
Interest expense													3,263	2,192	2,553
Net interest income													35,612	29,442	26,633
Provision for loan losses													346	530	774
Noninterest income													5,066	4,480	4,423
Noninterest expense													27,095	25,042	21,743
Net income before taxes													13,237	8,350	8,539
Income tax benefit													2,935	3,615	2,428
Net income (loss)													10,302	4,735	6,111
Total assets	1,074,838				1,033,483								1,074,838	1,033,483
Mortgage Banking [Member]
Dividend and Interest Income													830	504	194
Interest expense
Net interest income													830	504	194
Provision for loan losses
Noninterest income													3,895	3,778	3,382
Noninterest expense													3,242	2,841	2,459
Net income before taxes													1,483	1,441	1,117
Income tax benefit
Net income (loss)													1,483	1,441	1,117
Total assets	16,078				16,298								16,078	16,298
Investment Advisory And Non Deposit [Member]
Dividend and Interest Income
Interest expense
Net interest income
Provision for loan losses
Noninterest income													1,683	1,291	1,135
Noninterest expense													1,400	1,125	1,005
Net income before taxes													283	166	130
Income tax benefit
Net income (loss)													283	166	130
Total assets	9				19								9	19
Corporate [Member]
Dividend and Interest Income													3,745	3,019	2,732
Interest expense													718	570	494
Net interest income													3,027	2,449	2,238
Provision for loan losses
Noninterest income														90
Noninterest expense													386	350	569
Net income before taxes													2,641	2,189	1,669
Income tax benefit													(241)	(285)	(261)
Net income (loss)													2,882	2,474	1,930
Total assets	129,992				121,326								129,992	121,326
Eliminations [Member]
Dividend and Interest Income													(3,721)	(3,001)	(2,606)
Interest expense
Net interest income													(3,721)	(3,001)	(2,606)
Provision for loan losses
Noninterest income
Noninterest expense
Net income before taxes													(3,721)	(3,001)	(2,606)
Income tax benefit
Net income (loss)													(3,721)	(3,001)	$ (2,606)
Total assets	$ (129,322)				$ (120,395)								$ (129,322)	$ (120,395)