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MERGERS AND ACQUISITIONS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
Oct. 20, 2017
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Assets        
Loans   $ 844,157 $ 737,028 $ 718,462
Premises and equipment   34,458 35,008  
Intangible assets   1,120 1,483 $ 2,006
Bank owned life insurance   27,688 28,041  
Total assets   1,395,382 1,170,279  
Deposits:        
Non-interest bearing   385,511 289,829  
Interest-bearing   803,902 698,372  
Total deposits   1,189,413 988,201  
Securities sold under agreements to repurchase   40,914 33,296  
Other liabilities   10,640 10,147  
Total liabilities   1,259,045 1,050,085  
Goodwill   $ 14,637 $ 14,637  
As Recorded By Cornerstone [Member]        
Assets        
Cash and cash equivalents $ 30,060      
Investment securities 44,018      
Loans 60,835      
Premises and equipment 4,164      
Intangible assets      
Bank owned life insurance 2,384      
Other assets 3,082      
Total assets 144,543      
Deposits:        
Non-interest bearing 27,296      
Interest-bearing 99,152      
Total deposits 126,448      
Securities sold under agreements to repurchase 849      
Other liabilities 320      
Total liabilities 127,617      
Net identifiable assets acquired over liabilities assumed 16,926      
Goodwill      
Net assets acquired over liabilities assumed $ 16,926      
Consideration:        
First Community Corporation common shares issued 877,364      
Purchase price per share of the Company’s common stock $ 22.05      
  $ 19,346      
Cash exchanged for stock and fractional shares 7,731      
Fair value of total consideration transferred 27,077      
Fair Value Adjustments [Member]        
Assets        
Cash and cash equivalents      
Investment securities [1] (358)      
Loans [2] (734)      
Premises and equipment [3] 573      
Intangible assets [4] 1,810      
Bank owned life insurance      
Other assets [5] (452)      
Total assets 839      
Deposits:        
Non-interest bearing      
Interest-bearing [6] 150      
Total deposits 150      
Securities sold under agreements to repurchase      
Other liabilities [7] 96      
Total liabilities 246      
Net identifiable assets acquired over liabilities assumed 593      
Goodwill 9,558      
Net assets acquired over liabilities assumed 10,151      
As Recorded By The Company [Member]        
Assets        
Cash and cash equivalents 30,060      
Investment securities 43,660      
Loans 60,101      
Premises and equipment 4,737      
Intangible assets 1,810      
Bank owned life insurance 2,384      
Other assets 2,630      
Total assets 145,382      
Deposits:        
Non-interest bearing 27,296      
Interest-bearing 99,302      
Total deposits 126,598      
Securities sold under agreements to repurchase 849      
Other liabilities 416      
Total liabilities 127,863      
Net identifiable assets acquired over liabilities assumed 17,519      
Goodwill 9,558      
Net assets acquired over liabilities assumed $ 27,077      
[1] Adjustment reflects marking the securities portfolio to fair value as of the acquisition date.
[2] Adjustment reflects the fair value adjustments based on the Company’s evaluation of the acquired loan portfolio and excludes the allowance for loan losses recorded by Cornerstone.
[3] Adjustment reflects the fair value adjustments based on the Company’s evaluation of the acquired premises and equipment.
[4] Adjustment reflects the recording of the core deposit intangible on the acquired deposit accounts.
[5] Adjustment reflects the deferred tax adjustment related to fair value adjustments at 34%.
[6] Adjustment reflects the fair value adjustment on interest-bearing deposits.
[7] Adjustment reflects the fair value adjustment on post-retirement benefits.