UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 18, 2021
First Community Corporation
(Exact name of registrant as specified in its charter)
South Carolina
(State or other jurisdiction of incorporation)
| | | | |
| 000-28344 | | 57-1010751 | |
| (Commission File Number) | | (IRS Employer Identification No.) | |
| | | | |
| 5455 Sunset Blvd, Lexington, South Carolina | | 29072 | |
| (Address of principal executive offices) | | (Zip Code) | |
(803) 951-2265
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of exchange on which registered |
Common stock, par value $1.00 per share | FCCO | The Nasdaq Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 18, 2021, First Community Corporation (the “Company”) announced that J. Ted Nissen has been named President of the Company’s wholly-owned subsidiary bank, First Community Bank (the “Bank”), effective March 1, 2021. Mr. Nissen will succeed Michael C. Crapps, who will remain in his positions as President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank.
Mr. Nissen has been the Chief Commercial and Retail Banking Officer of the Company since June 2019 and Executive Vice President and Chief Commercial and Retail Banking Officer of the Bank since February 2013. Information regarding Mr. Nissen’s business experience and relationships with the Company has been previously reported in the Company’s proxy statement filed April 6, 2020, and in the Company’s Annual Report on Form 10-K filed on March 13, 2020, and such information is incorporated by reference herein.
Item 7.01 Regulation FD Disclosure.
A copy of the press release announcing Mr. Nissen’s appointment is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is hereby incorporated by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FIRST COMMUNITY CORPORATION |
| | | |
| By: | /s/ D. Shawn Jordan | |
| Name: | D. Shawn Jordan | |
| Title: | Chief Financial Officer | |
Dated: February 18, 2021