First Community Corp (FCCO) Appoints Two New Directors

What Happened
First Community Corporation (FCCO) and its bank subsidiary filed an 8-K (filed 2026-09-16) announcing that, effective October 1, 2026, Terrance Ford and Shell K. Berry have been appointed to the boards of the Company and First Community Bank. Both new directors will receive the Company’s standard non-employee director compensation; committee assignments have not yet been determined. The filing states there are no related-party transactions or special arrangements tied to their selection.

Key Details

• Effective date: October 1, 2026; 8-K filed on September 16, 2026.
• Terrance Ford, age 47: Vice President of AT&T South Carolina since 2023; nearly 30 years at AT&T; currently chairs the Greater Columbia Chamber of Commerce. Board appointment is intended to leverage his ties to Columbia, SC and experience in telecommunications, technology infrastructure, cybersecurity, government affairs and community development.
• Shell K. Berry, age 54: President & CEO of the Community Foundation for the Central Savannah River Area since 2015; under her leadership the Foundation grew from about $60 million to over $215 million in assets. The Board cites her ties to Richmond County, GA and experience in nonprofit management, finance and investment banking.
• Compensation and governance notes: Both will participate in existing director pay plans disclosed in FCCO’s 2026 proxy; no related-party transactions reported.

Why It Matters
Board appointments affect corporate governance and local market strategy. These additions give FCCO directors with local community ties in two targeted markets (Columbia, SC and Richmond County, GA) and experience in finance, community development and technology—areas the company says are relevant to the Bank’s growth. For investors, this is a governance update (Item 5.02) rather than a financial disclosure; there are no reported related-party transactions or special compensation arrangements beyond standard director pay.