First Community Corporation completed the acquisition of Signature Bank of Georgia for $41.6m.

First Community Corporation, a holding company of First Community Bank, completed the acquisition of Signature Bank of Georgia, a locally owned and operated community bank headquartered in Sandy Springs, Georgia, for $41.6m. "The combination of our banking companies continues our commitment as a community bank focused on local businesses, professionals, and entrepreneurs with the ability and financial strength to serve the banking needs of our communities and enhance shareholder value through operating advantages gained with the merger of our two institutions. In addition to traditional deposit and loan products, our bank offers residential mortgage lending, financial planning and investment advisory services, and with this merger, the addition of SBA/USDA lending, with plans to scale these lines of business across all markets," Michael C. Crapp, First Community Corporation President and CEO.