STOCK OPTIONS, RESTRICTED STOCK, RESTRICTED STOCK UNITS, AND DEFERRED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of nonvested restricted stock and stock units

At December 31, 2025, unrecognized compensation cost related to non-vested restricted stock and units totaled $3.1 million, expected to be recognized over a weighted average period of 1.0 years. The table below shows the components of “nonvested restricted stock and stock units” as of the years ended December 31, 2025 and 2024.


(Dollars in thousands)	As of December 31,
Nonvested restricted stock and stock units	2025			2024
Non-employee director deferred compensation stock plan deferred stock units	$	1,823		$	1,600
Time-based restricted stock units - officer		525			481
Performance-based restricted stock units - officer		921			561
Restricted stock – officer and director		(204	)		(3	)
Total nonvested restricted stock and stock units	$	3,065		$	2,639

Schedule of Non-Employee Director Deferred Compensation

The table below shows the following information related to First Community Corporation’s Non-Employee Director Deferred Compensation Plan: accumulated share units and accrued amounts as of the years ended December 31, 2025, 2024 and 2023; and the related director compensation expense for the twelve months ended 2025, 2024, and 2023.


	Twelve Months ended December 31,
	2025		2024		2023
Non-employee director deferred compensation plan accumulated share units		120,575		111,166		103,133
Accrued amounts (dollars in thousands)¹	$	1,823	$	1,600	$	1,439
Related director compensation expense (dollars in thousands)	$	152	$	90	$	125

Schedule of Fair Value of Stock Awards Granted

The table below shows stock awards granted during the twelve months ended December 31, 2025, 2024, and 2023.


(In shares/units)	Twelve Months ended December 31,
	2025			2024			2023
Time-based restricted stock units - officer		14,126			15,095			12,562
Performance-based restricted stock units – officer		18,834	¹		20,126	²		16,749	³
Restricted stock – officer		10,689			206			259
Restricted stock – director		8,400			13,464			7,590

¹	18,834 units represent the target payout with a maximum payout of 37,668 units.

²	20,126 units represent the target payout with a maximum payout of 40,253 units.

³	16,749 units represent the target payout with a maximum payout of 33,500 units.

Schedule of Fair Value of Stock Awards Granted

The table below shows the fair value of stock awards granted during the periods.


(Dollars in thousands)	Twelve months ended December 31,
	2025			2024			2023
Time-based restricted stock units - officer	$	370		$	271		$	255
Performance-based restricted stock units – officer		493	¹		362	²		340	³
Restricted stock – officer		286			3			5
Restricted stock – director	$	220		$	242		$	154

¹	$493 thousand represents the target payout with a maximum payout of $986 thousand.

²	$362 thousand represents the target payout with a maximum payout of $723 thousand.

³	$340 thousand represents the target payout with a maximum payout of $680 thousand.

Schedule of Compensation Expense Related to Stock Awards Granted

The table below shows the compensation expense related to stock awards granted during the twelve months ended December 31, 2025, 2024 and 2023.


(Dollars in thousands)	Year ended December 31,
Compensation expense related to stock awards	2025		2024		2023
Time-based restricted stock units – officer¹	$	290	$	246	$	163
Performance-based restricted stock units – officer²		605		314		264
Restricted stock – officer³		90		6		120
Restricted stock – director⁴	$	220	$	242	$	167

¹	Expense in 2025 and 2024 was related to stock awards granted under the First Community Corporation 2021 Omnibus Equity Incentive Plan. Expense in 2023 consists of $159.8 thousand related stock awards granted under the First Community Corporation 2021 Omnibus Equity Incentive Plan and $3.2 thousand related stock awards granted under the First Community Corporation 2011 Stock Incentive Plan.
²	Expense in 2025 was related to stock awards granted under the First Community Corporation 2021 Omnibus Equity Incentive Plan. Expense in 2024 consists of $300.7 thousand related stock awards granted under the First Community Corporation 2021 Omnibus Equity Incentive Plan and $13 thousand related stock awards granted under the First Community Corporation 2011 Stock Incentive Plan. Expense in 2023 consists of $186.0 thousand related stock awards granted under the First Community Corporation 2021 Omnibus Equity Incentive Plan and $78.0 thousand related stock awards granted under the First Community Corporation 2011 Stock Incentive Plan.
³	Expense in 2025 was related to stock awards granted under the First Community Corporation 2021 Omnibus Equity Incentive Plan. Expense in 2024 consists of $3.4 thousand related stock awards granted under the First Community Corporation 2021 Omnibus Equity Incentive Plan and $2.5 thousand related stock awards granted under the First Community Corporation 2011 Stock Incentive Plan. Expense in 2023 consists of $17.2 thousand related stock awards granted under the First Community Corporation 2021 Omnibus Equity Incentive Plan and $102.8 thousand related stock awards granted under the First Community Corporation 2011 Stock Incentive Plan.
⁴	Expense in 2025, 2024, and 2023 was related to stock awards granted under the Community Corporation 2021 Omnibus Equity Incentive Plan.

Schedule of Stock Awards Granted Under 2021 Incentive Plan

The table below shows the First Community Corporation 2021 Omnibus Equity Incentive Plan (“2021 Incentive Plan”) initial reserve at May 19, 2021; stock awards granted under the 2021 Incentive Plan from its inception through December 31, 2025; and the remaining reserve under such plan at December 31, 2025.

(In shares / units)
First Community Corporation 2021 Omnibus Equity Incentive Plan	2025
Initial reserve – May 19, 2021		225,000
Additional reserve – May 20, 2025		450,000
Shares / units granted
Time-based restricted stock units - officer		(53,521	)
Performance-based restricted stock units – officer¹		(67,447	)
Restricted stock – officer		(13,355	)
Restricted stock – director		(36,813	)
Remaining reserve – December 31, 2025		503,864

¹	Performance-based restricted stock units are initially granted and expensed at target levels; however, they are reserved at maximum levels. The maximum level for 2025 was 37,668.

FIRST COMMUNITY CORP /SC/ 10-K