XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.20.2

Investment Securities (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract] |
The amortized cost and estimated fair values of investment securities | The amortized cost and estimated fair values of investment securities are summarized below:
Investment Securities |
AVAILABLE-FOR-SALE: |  |  |  |  | Gross |  |  | Gross |  |  |  |
|  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  |  |
(Dollars in thousands) |  | Cost |  |  | Gains |  |  | Losses |  |  | Fair Value |
September 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US Treasury securities |  | $ | 1,503 |  |  | $ | 7 |  |  | $ | — |  |  | $ | 1,510 |
Government Sponsored Enterprises |  |  | 993 |  |  |  | 17 |  |  |  | — |  |  |  | 1,010 |
Mortgage-backed securities |  |  | 171,441 |  |  |  | 7,763 |  |  |  | 154 |  |  |  | 179,050 |
Small Business Administration pools |  |  | 36,369 |  |  |  | 922 |  |  |  | 19 |  |  |  | 37,272 |
State and local government |  |  | 66,101 |  |  |  | 5,254 |  |  |  | — |  |  |  | 71,355 |
Corporate and Other securities |  |  | 3,273 |  |  |  | 10 |  |  |  | 8 |  |  |  | 3,275 |
|  | $ | 279,680 |  |  | $ | 13,973 |  |  | $ | 181 |  |  | $ | 293,472 |
|  |  |  |  | Gross |  |  | Gross |  |  |  |
|  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  |  |
(Dollars in thousands) |  | Cost |  |  | Gains |  |  | Losses |  |  | Fair Value |
December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US Treasury securities |  | $ | 7,190 |  |  | $ | 16 |  |  | $ | 3 |  |  | $ | 7,203 |
Government Sponsored Enterprises |  |  | 984 |  |  |  | 17 |  |  |  | — |  |  |  | 1,001 |
Mortgage-backed securities |  |  | 182,736 |  |  |  | 1,490 |  |  |  | 640 |  |  |  | 183,586 |
Small Business Administration pools |  |  | 45,301 |  |  |  | 259 |  |  |  | 217 |  |  |  | 45,343 |
State and local government |  |  | 47,418 |  |  |  | 2,371 |  |  |  | 141 |  |  |  | 49,648 |
Other securities |  |  | 19 |  |  |  | — |  |  |  | — |  |  |  | 19 |
|  | $ | 283,648 |  |  | $ | 4,153 |  |  | $ | 1,001 |  |  | $ | 286,800 |
The following tables show gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position | The following tables show gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position, at September 30, 2020 and December 31, 2019.
Investment Securities (Details 2) |
(Dollars in thousands) |  | Less than 12 months |  |  | 12 months or more |  |  | Total |
September 30, 2020 |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
Available-for-sale securities: |  | Value |  |  | Loss |  |  | Value |  |  | Loss |  |  | Value |  |  | Loss |
Mortgage-backed securities |  | $ | 22,050 |  |  | $ | 103 |  |  | $ | 5,601 |  |  | $ | 51 |  |  | $ | 27,651 |  |  | $ | 154 |
Small Business Administration pools |  |  | 1,213 |  |  |  | 2 |  |  |  | 3,434 |  |  |  | 17 |  |  |  | 4,647 |  |  |  | 19 |
State and local government |  |  | 1,009 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,009 |  |  |  | — |
Corporate and Other Securities |  |  | 1,275 |  |  |  | 8 |  |  |  | — |  |  |  | — |  |  |  | 1,275 |  |  |  | 8 |
Total |  | $ | 25,547 |  |  | $ | 113 |  |  | $ | 9,035 |  |  | $ | 68 |  |  | $ | 34,582 |  |  | $ | 181 |
(Dollars in thousands) |  | Less than 12 months |  |  | 12 months or more |  |  | Total |
December 31, 2019 |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
Available-for-sale securities: |  | Value |  |  | Loss |  |  | Value |  |  | Loss |  |  | Value |  |  | Loss |
US Treasury securities |  | $ | — |  |  | $ | — |  |  | $ | 1,508 |  |  | $ | 3 |  |  | $ | 1,508 |  |  | $ | 3 |
Mortgage-backed securities |  |  | 57,175 |  |  |  | 485 |  |  |  | 12,419 |  |  |  | 155 |  |  |  | 69,594 |  |  |  | 640 |
Small Business Administration pools |  |  | 7,891 |  |  |  | 53 |  |  |  | 13,502 |  |  |  | 164 |  |  |  | 21,393 |  |  |  | 217 |
State and local government |  |  | 5,695 |  |  |  | 141 |  |  |  | — |  |  |  | — |  |  |  | 5,695 |  |  |  | 141 |
Total |  | $ | 70,761 |  |  | $ | 679 |  |  | $ | 27,429 |  |  | $ | 322 |  |  | $ | 98,190 |  |  | $ | 1,001 |
The following sets forth the amortized cost and fair value of investment securities at September 30, 2020 by contractual maturity. Expected maturities differ from contractual maturities because borrowers may have the right to call or prepay the obligations with or without prepayment penalties. MBSs are based on average life at estimated prepayment speeds. | The following sets forth the amortized cost and fair value of investment securities at September 30, 2020 by contractual maturity. Expected maturities differ from contractual maturities because borrowers may have the right to call or prepay the obligations with or without prepayment penalties. MBSs are based on average life at estimated prepayment speeds.
Investment Securities (Details 3) |
September 30, 2020 |  | Available-for-sale |
|  | Amortized |  |  | Fair |
(Dollars in thousands) |  | Cost |  |  | Value |
Due in one year or less |  | $ | 10,573 |  |  | $ | 10,661 |
Due after one year through five years |  |  | 131,512 |  |  |  | 136,138 |
Due after five years through ten years |  |  | 116,467 |  |  |  | 124,866 |
Due after ten years |  |  | 21,128 |  |  |  | 21,807 |
Total |  | $ | 279,680 |  |  | $ | 293,472 |

X
- References No definition available. + Details
Name: | fcco_DisclosureInvestmentSecuritiesDetails2Abstract
Namespace Prefix: | fcco_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | fcco_DisclosureInvestmentSecuritiesDetails3Abstract
Namespace Prefix: | fcco_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | fcco_DisclosureInvestmentSecuritiesDetailsAbstract
Namespace Prefix: | fcco_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details
Name: | us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration