Risk factors
First Community (FCCO) risk factors
Item 1A of every First Community Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors51 risks1 new2 dropped14 reworded
Updated figures for high LTV loans and investment securities reflect balance sheet changes during 2025. New disclosures address advanced AI fraud tactics and sovereign credit downgrades.
Filed Mar 16, 2026 - FY2024 10-K risk factors52 risks
Commercial real estate loans heavily concentrate in our portfolio, creating exposure to market challenges and regulatory limits. Our lending relies on small-to-mid-sized businesses and is vulnerable to economic and interest rate shifts. We depend on key executives and third-party vendors while facing evolving cybersecurity, fraud, and AI regulatory risks.
Filed Mar 14, 2025