ITEM 8.01. Other Events.

As of October 8, 2012, First Community Corporation has completed the repurchase of the company's remaining preferred shares originally issued to the U.S. Department of the Treasury under the CPP/TARP program. The company repurchased 7,570 shares from third party investors who bought the shares on August 29, 2012 in a Dutch auction conducted by the Treasury. As previously reported, the company repurchased 3,780 shares directly from the Treasury in that same auction.

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