TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo December 21, 2023 D. Shawn Jordan Chief Financial Officer First Community Corporation 5455 Sunset Boulevard Lexington, SC 29072 Re: First Community Corporation Form 10-K for Fiscal Year Ended December 31, 2022 Form 8-K filed October 18, 2023 Response dated November 20, 2023 File No. 000-28344 Dear D. Shawn Jordan: We have reviewed your November 20, 2023 response to our comment letter and have the following comment. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe the comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our November 8, 2023 letter. Form 8-K filed October 18, 2023 Exhibit 99.1 1. We note your response to prior comment 1. Your presentation of tangible common equity per common share excluding accumulated other comprehensive loss and tangible common equity to tangible assets excluding accumulated other comprehensive loss represents individually tailored accounting measures given that the adjustment to exclude accumulated other comprehensive loss has the effect of changing the recognition and measurement principles required to be applied in accordance with GAAP. Therefore, please remove the presentation of these non-GAAP measures from your future filings. Refer to Question 100.04 of the Division of Corporation Finance s Compliance & Disclosure Interpretations on Non-GAAP Financial Measures and Rule 100(b) of Regulation G. D. Shawn Jordan First Community Corporation December 21, 2023 Page 2 Please contact Michael Henderson at 202-551-3364 or Robert Klein at 202-551-3847 if you have questions regarding comments on the financial statements and related matters. FirstName LastNameD. Shawn Jordan Sincerely, Comapany NameFirst Community Corporation Division of Corporation Finance December 21, 2023 Page 2 Office of Finance FirstName LastName