##### Table of Contents

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U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



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FORM 10-QSB



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(Mark One)

|x | Quarterly report under Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | ---------------------------------------------------------------------------------



For the quarterly period ended September 30, 2004



| ̈ | Transition report under Section 13 or 15(d) of the Exchange Act
|- | ---------------------------------------------------------------



For the transition period fromto



Commission file number 000-50357



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FIRST COMMUNITY BANK CORPORATION OF AMERICA

(Exact Name of Small Business Issuer as Specified in Its Charter)



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|                                                               |  |                                     
|-------------------------------------------------------------- |  | ------------------------------------
|Florida                                                        |  | 65-0623023                          
|(State or Other Jurisdiction of Incorporation or Organization) |  | (I.R.S. Employer Identification No.)



9001 Belcher Road

Pinellas Park, Florida 33782

(Address of Principal Executive Offices)



(727) 520-0987

(Issuers Telephone Number, Including Area Code)





(Former Name, Former Address and Former Fiscal Year, if Changed

Since Last Report)



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Check whether the issuer: (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days:    YES  x    NO ̈



State the number of shares outstanding of each of the issuers classes of common equity, as of the latest practicable
date;



|                                       |  |                                
|-------------------------------------- |  | -------------------------------
|Common stock, par value $.08 per share |  | 2,115,397 shares               
|(class)                                |  | Outstanding at October 31, 2004



Transitional Small Business Format
(Check One):    YES ̈NO  x



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##### Table of Contents

FIRST COMMUNITY BANK CORPORATION OF AMERICA



INDEX



|                                                                                                                              |  |      
|----------------------------------------------------------------------------------------------------------------------------- |  | -----
|                                                                                                                              |  | Page 
|PART I.
FINANCIAL INFORMATION                                                                                                 |  |      
|                                                                                                                              | 
|Item 1.
Financial Statements                                                                                                  |  |      
|                                                                                                                              | 
|Condensed Consolidated Balance Sheets -At September 30, 2004 (unaudited) and At December 31, 2003                             |  | 2    
|                                                                                                                              | 
|Condensed Consolidated Statements of Earnings -Three and Nine Months ended September 30, 2004 and 2003 (unaudited)            |  | 3    
|                                                                                                                              | 
|Condensed Consolidated Statements of Changes in Stockholders EquityNine Months Ended September 30, 2004 and 2003 (unaudited) |  | 4    
|                                                                                                                              | 
|Condensed Consolidated Statements of Cash Flows -Nine Months Ended September 30, 2004 and 2003 (unaudited)                    |  | 5-6  
|                                                                                                                              | 
|Notes to Condensed Consolidated Financial Statements (unaudited)                                                              |  | 7-10 
|                                                                                                                              | 
|Review by Independent Registered Public Accounting Firm                                                                       |  | 11   
|                                                                                                                              | 
|Report of Independent Registered Public Accounting Firm                                                                       |  | 12   
|                                                                                                                              | 
|Item 2.
Managements Discussion and Analysis or Plan of Operation                                                             |  | 13-21
|                                                                                                                              | 
|Item 3.
Controls and Procedures                                                                                               |  | 22   
|                                                                                                                              | 
|PART II.
OTHER INFORMATION                                                                                                    |  |      
|                                                                                                                              | 
|Item 1.
Legal Proceedings                                                                                                     |  | 22   
|                                                                                                                              | 
|Item 6.
Exhibits                                                                                                              |  | 23   
|                                                                                                                              | 
|SIGNATURES                                                                                                                    |  | 24   



1



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##### Table of Contents

FIRST COMMUNITY BANK CORPORATION OF AMERICA



PART I. FINANCIAL INFORMATION



Item 1. Financial Statements



Condensed Consolidated Balance Sheets

(Dollars in thousands, except per share amounts)



|                                                                                                                                  |  |                    |         |   |                   |        
|--------------------------------------------------------------------------------------------------------------------------------- |  | ------------------ | ------- | - | ----------------- | -------
|                                                                                                                                  |  | September 30, 2004 |         |   | December 31, 2003
|                                                                                                                                  |  | (Unaudited)        |         |   |                  
|Assets                                                                                                                            |  |                    |         |   |                   |        
|Cash and due from banks                                                                                                           |  | $                  | 2,018   |   |                   | 1,745  
|Interest-bearing deposits with banks                                                                                              |  |                    | 10,640  |   |                   | 1,452  
|                                                                                                                                  |  |                    |         |   |                   |        
|Cash and cash equivalents                                                                                                         |  |                    | 12,658  |   |                   | 3,197  
|                                                                                                                                  |  |                   
|Securities available for sale                                                                                                     |  |                    | 13,241  |   |                   | 3,949  
|Securities held to maturity                                                                                                       |  |                    | 1,329   |   |                   | 3,477  
|Loans, net of allowance for loan losses of $2,411 in 2004 and $2,041 in 2003                                                      |  |                    | 188,290 |   |                   | 160,236
|Federal Home Loan Bank stock, at cost                                                                                             |  |                    | 825     |   |                   | 1,050  
|Premises and equipment, net                                                                                                       |  |                    | 4,655   |   |                   | 4,071  
|Goodwill                                                                                                                          |  |                    | 428     |   |                   | 428    
|Foreclosed real estate                                                                                                            |  |                    | 6       |   |                   | 48     
|Accrued interest receivable                                                                                                       |  |                    | 729     |   |                   | 655    
|Deferred income taxes                                                                                                             |  |                    | 580     |   |                   | 580    
|Bank owned life insurance                                                                                                         |  |                    | 2,202   |   |                   | 2,135  
|Other assets                                                                                                                      |  |                    | 1,055   |   |                   | 611    
|                                                                                                                                  |  |                    |         |   |                   |        
|                                                                                                                                  |  | $                  | 225,998 |   |                   | 180,437
|                                                                                                                                  |  |                    |         |   |                   |        
|Liabilities and Stockholders Equity                                                                                              |  |                    |         |   |                   |        
|                                                                                                                                  |  |                   
|Liabilities:                                                                                                                      |  |                    |         |   |                   |        
|Noninterest-bearing demand deposits                                                                                               |  |                    | 35,886  |   |                   | 22,445 
|Savings, NOW and money-market deposits                                                                                            |  |                    | 56,235  |   |                   | 43,615 
|Time deposits                                                                                                                     |  |                    | 93,220  |   |                   | 68,469 
|                                                                                                                                  |  |                    |         |   |                   |        
|                                                                                                                                  |  |                   
|Total deposits                                                                                                                    |  |                    | 185,341 |   |                   | 134,529
|Federal Home Loan Bank advances                                                                                                   |  |                    | 12,000  |   |                   | 21,000 
|Other borrowings                                                                                                                  |  |                    | 2,511   |   |                   | 1,811  
|Accrued expenses and other liabilities                                                                                            |  |                    | 3,012   |   |                   | 2,913  
|                                                                                                                                  |  |                    |         |   |                   |        
|Total liabilities                                                                                                                 |  |                    | 202,864 |   |                   | 160,253
|                                                                                                                                  |  |                    |         |   |                   |        
|Stockholders equity:                                                                                                             |  |                    |         |   |                   |        
|Common stock, $.08 par value, 6,250,000 shares authorized, 2,115,397 and 1,993,194 shares issued and outstanding in 2004 and
2003 |  |                    | 169     |   |                   | 159    
|Additional paid-in capital                                                                                                        |  |                    | 19,374  |   |                   | 17,911 
|Retained earnings                                                                                                                 |  |                    | 3,619   |   |                   | 2,113  
|Accumulated other comprehensive (loss) income                                                                                     |  |                    | (28     | ) |                   | 1      
|                                                                                                                                  |  |                    |         |   |                   |        
|Total stockholders equity                                                                                                        |  |                    | 23,134  |   |                   | 20,184 
|                                                                                                                                  |  |                    |         |   |                   |        
|                                                                                                                                  |  | $                  | 225,998 |   |                   | 180,437
|                                                                                                                                  |  |                    |         |   |                   |        



See Accompanying Notes to Condensed
Consolidated Financial Statements.



2



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##### Table of Contents

FIRST COMMUNITY BANK CORPORATION OF AMERICA



Condensed Consolidated Statements of Earnings (Unaudited)

(In thousands, except per share amounts)



|                                                    |  |                                 |       |                                |       |      |       |      |      
|--------------------------------------------------- |  | ------------------------------- | ----- | ------------------------------ | ----- | ---- | ----- | ---- | -----
|                                                    |  | Three Months EndedSeptember 30, |       | Nine Months EndedSeptember 30,
|                                                    |  | 2004                            |       | 2003                           |       | 2004 |       | 2003
|Interest income:                                    |  |                                 |       |                                |       |      |       |      |      
|Loans                                               |  | $                               | 2,848 |                                | 2,264 |      | 8,046 |      | 6,562
|Securities                                          |  |                                 | 79    |                                | 40    |      | 189   |      | 145  
|Other interest earning assets                       |  |                                 | 17    |                                | 20    |      | 60    |      | 50   
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Total interest income                               |  |                                 | 2,944 |                                | 2,324 |      | 8,295 |      | 6,757
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Interest expense:                                   |  |                                 |       |                                |       |      |       |      |      
|Deposits                                            |  |                                 | 702   |                                | 591   |      | 1,961 |      | 1,831
|Other borrowings                                    |  |                                 | 117   |                                | 86    |      | 370   |      | 271  
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Total interest expense                              |  |                                 | 819   |                                | 677   |      | 2,331 |      | 2,102
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Net interest income                                 |  |                                 | 2,125 |                                | 1,647 |      | 5,964 |      | 4,655
|                                                    |  |                                 |       |                               
|Provision for loan losses                           |  |                                 | 119   |                                | 224   |      | 381   |      | 505  
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Net interest income after provision for loan losses |  |                                 | 2,006 |                                | 1,423 |      | 5,583 |      | 4,150
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Noninterest income:                                 |  |                                 |       |                                |       |      |       |      |      
|Service charges on deposit accounts                 |  |                                 | 125   |                                | 147   |      | 427   |      | 392  
|Other service charges and fees                      |  |                                 | 24    |                                | 27    |      | 79    |      | 75   
|Income from bank owned life insurance               |  |                                 | 22    |                                | 26    |      | 67    |      | 79   
|Gain on sale of loans held for sale                 |  |                                 | 14    |                                | 70    |      | 85    |      | 218  
|Other                                               |  |                                 | 72    |                                | 79    |      | 185   |      | 174  
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Total noninterest income                            |  |                                 | 257   |                                | 349   |      | 843   |      | 938  
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Noninterest expenses:                               |  |                                 |       |                                |       |      |       |      |      
|Employee compensation and benefits                  |  |                                 | 854   |                                | 695   |      | 2,494 |      | 2,163
|Occupancy and equipment                             |  |                                 | 145   |                                | 133   |      | 434   |      | 367  
|Data processing                                     |  |                                 | 141   |                                | 102   |      | 427   |      | 308  
|Professional fees                                   |  |                                 | 53    |                                | 96    |      | 144   |      | 138  
|Office supplies                                     |  |                                 | 23    |                                | 23    |      | 66    |      | 62   
|Insurance                                           |  |                                 | 34    |                                | 25    |      | 93    |      | 71   
|Advertising                                         |  |                                 | 7     |                                | 6     |      | 41    |      | 19   
|Other                                               |  |                                 | 121   |                                | 89    |      | 347   |      | 295  
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Total noninterest expenses                          |  |                                 | 1,378 |                                | 1,169 |      | 4,046 |      | 3,423
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Earnings before income taxes                        |  |                                 | 885   |                                | 603   |      | 2,380 |      | 1,665
|                                                    |  |                                 |       |                               
|Income taxes                                        |  |                                 | 326   |                                | 219   |      | 874   |      | 600  
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Net earnings                                        |  | $                               | 559   |                                | 384   |      | 1,506 |      | 1,065
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Earnings per share:                                 |  |                                 |       |                                |       |      |       |      |      
|Basic earnings per share                            |  | $                               | 0.26  |                                | 0.19  |      | 0.74  |      | 0.66 
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Diluted earnings per share                          |  | $                               | 0.24  |                                | 0.18  |      | 0.66  |      | 0.61 
|                                                    |  |                                 |       |                                |       |      |       |      |      
|Dividends per share                                 |  | $                               |      |                                |      |      |      |      |     
|                                                    |  |                                 |       |                                |       |      |       |      |      



See Accompanying Notes to Condensed
Consolidated Financial Statements.



3



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Condensed Consolidated Statements of Changes in Stockholders Equity



Nine Months Ended September 30, 2004 and 2003

(Dollars in thousands)



|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|----------------------------------------------------------------------------------------------- |  | ----------- | --- | ------------------------- | ------ | ---------------- | ----- | --------------------------------------------- | --- | - | ----- | ------ | -
|                                                                                                |  | CommonStock |     | AdditionalPaid-in Capital |        | RetainedEarnings |       | Accumulated Other Comprehensive Income (Loss) |     |   | Total |       
|Balance at December 31, 2002                                                                    |  | $           | 102 |                           | 10,477 |                  | 645   |                                               | 37  |   |       | 11,261 |  
|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Comprehensive income:                                                                           |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Net earnings (unaudited)                                                                        |  |             |    |                           |       |                  | 1,065 |                                               |    |   |       | 1,065  |  
|                                                                                                |  |             |     |                           |       
|Net change in unrealized gain on securities available for sale, net of taxes of $15 (unaudited) |  |             |    |                           |       |                  |      |                                               | (28 | ) |       | (28    | )
|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Comprehensive income (unaudited)                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       | 1,037  |  
|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Exercise of common stock options (350 shares) (unaudited)                                       |  |             |    |                           | 4      |                  |      |                                               |    |   |       | 4      |  
|Sale of common stock (570,000 shares), net of offering costs of $530 (unaudited)                |  |             | 57  |                           | 7,393  |                  |      |                                               |    |   |       | 7,450  |  
|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Balance at September 30, 2003 (unaudited)                                                       |  | $           | 159 |                           | 17,874 |                  | 1,710 |                                               | 9   |   |       | 19,752 |  
|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Balance at December 31, 2003                                                                    |  | $           | 159 |                           | 17,911 |                  | 2,113 |                                               | 1   |   |       | 20,184 |  
|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Comprehensive income:                                                                           |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Net earnings (unaudited)                                                                        |  |             |    |                           |       |                  | 1,506 |                                               |    |   |       | 1,506  |  
|Net change in unrealized gain on securities available for sale, net of taxes of $16 (unaudited) |  |             |    |                           |       |                  |      |                                               | (29 | ) |       | (29    | )
|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Comprehensive income (unaudited)                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       | 1,477  |  
|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Exercise of common stock options and warrants (122,203 shares) (unaudited)                      |  |             | 10  |                           | 1,407  |                  |      |                                               |    |   |       | 1,417  |  
|Tax benefit from common stock options exercised (unaudited)                                     |  |             |    |                           | 56     |                  |      |                                               |    |   |       | 56     |  
|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  
|Balance at September 30, 2004 (unaudited)                                                       |  | $           | 169 |                           | 19,374 |                  | 3,619 |                                               | (28 | ) |       | 23,134 |  
|                                                                                                |  |             |     |                           |        |                  |       |                                               |     |   |       |        |  



See Accompanying Notes to Condensed
Consolidated Financial Statements.



4



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##### Table of Contents

FIRST COMMUNITY BANK CORPORATION OF AMERICA



Condensed Consolidated Statements of Cash Flows (Unaudited)

(In thousands)



|                                                                                              |  |                                |         |   |      |         |  
|--------------------------------------------------------------------------------------------- |  | ------------------------------ | ------- | - | ---- | ------- | -
|                                                                                              |  | Nine Months EndedSeptember 30, |        
|                                                                                              |  | 2004                           |         |   | 2003 |        
|Cash flows from operating activities:                                                         |  |                                |         |   |      |         |  
|Net earnings                                                                                  |  | $                              | 1,506   |   |      | 1,065   |  
|Adjustments to reconcile net earnings to net cash provided by (used in) operating activities: |  |                                |         |   |      |         |  
|Provision for loan losses                                                                     |  |                                | 381     |   |      | 505     |  
|Depreciation and amortization                                                                 |  |                                | 203     |   |      | 232     |  
|Net amortization of deferred loan fees                                                        |  |                                | 69      |   |      | 51      |  
|Income from bank owned life insurance                                                         |  |                                | (67     | ) |      | (79     | )
|Origination of loans held for sale                                                            |  |                                | (4,382  | ) |      | (12,633 | )
|Proceeds from sale of loans held for sale                                                     |  |                                | 4,782   |   |      | 13,045  |  
|Gain on sale of loans held for sale                                                           |  |                                | (85     | ) |      | (218    | )
|Loss on sale of foreclosed real estate                                                        |  |                                | 18      |   |      |        |  
|Increase in accrued interest receivable                                                       |  |                                | (74     | ) |      | (21     | )
|Increase in other assets                                                                      |  |                                | (444    | ) |      | (147    | )
|Increase in accrued expenses and other liabilities                                            |  |                                | 171     |   |      | 1,915   |  
|                                                                                              |  |                                |         |   |      |         |  
|Net cash provided by operating activities                                                     |  |                                | 2,078   |   |      | 3,715   |  
|                                                                                              |  |                                |         |   |      |         |  
|Cash flows from investing activities:                                                         |  |                                |         |   |      |         |  
|Purchase of securities available for sale                                                     |  |                                | (9,516  | ) |      | (3,523  | )
|Principal payments on securities available for sale                                           |  |                                | 179     |   |      | 6,010   |  
|Proceeds from maturities and calls of securities available for sale                           |  |                                |        |   |      | 1,500   |  
|Purchase of securities held to maturity                                                       |  |                                |        |   |      | (5,988  | )
|Proceeds from calls of securities held to maturity                                            |  |                                | 2,000   |   |      | 2,500   |  
|Principal payments on securities held to maturity                                             |  |                                | 148     |   |      |        |  
|Net increase in loans                                                                         |  |                                | (28,827 | ) |      | (26,365 | )
|Purchase of premises and equipment, net                                                       |  |                                | (787    | ) |      | (246    | )
|Redemption (purchase) of Federal Home Loan Bank stock                                         |  |                                | 225     |   |      | (75     | )
|Proceeds from sale of foreclosed real estate                                                  |  |                                | 32      |   |      |        |  
|                                                                                              |  |                                |         |   |      |         |  
|Net cash used in investing activities                                                         |  |                                | (36,546 | ) |      | (26,187 | )
|                                                                                              |  |                                |         |   |      |         |  
|Cash flows from financing activities:                                                         |  |                                |         |   |      |         |  
|Increase in deposits                                                                          |  |                                | 50,812  |   |      | 12,286  |  
|Repayment of Federal Home Loan Bank advances                                                  |  |                                | (20,500 | ) |      | (11,500 | )
|Proceeds from Federal Home Loan Bank advances                                                 |  |                                | 11,500  |   |      | 15,500  |  
|Net repayment of line of credit                                                               |  |                                |        |   |      | (1,100  | )
|Net increase in repurchase agreements with customers                                          |  |                                | 700     |   |      | 399     |  
|Net proceeds from sale of common stock                                                        |  |                                |        |   |      | 7,450   |  
|Proceeds from exercise of stock options and warrants                                          |  |                                | 1,417   |   |      | 4       |  
|                                                                                              |  |                                |         |   |      |         |  
|Net cash provided by financing activities                                                     |  |                                | 43,929  |   |      | 23,039  |  
|                                                                                              |  |                                |         |   |      |         |  
|Net increase in cash and cash equivalents                                                     |  |                                | 9,461   |   |      | 567     |  
|                                                                                              |  |                               
|Cash and cash equivalents at beginning of period                                              |  |                                | 3,197   |   |      | 6,394   |  
|                                                                                              |  |                                |         |   |      |         |  
|Cash and cash equivalents at end of period                                                    |  | $                              | 12,658  |   |      | 6,961   |  
|                                                                                              |  |                                |         |   |      |         |  



(continued)



5



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##### Table of Contents

FIRST COMMUNITY BANK CORPORATION OF AMERICA



Condensed Consolidated Statements of Cash Flows (Unaudited), Continued

(In thousands)





|                                                                                                                            |  |                                 |       |   |      |       |  
|--------------------------------------------------------------------------------------------------------------------------- |  | ------------------------------- | ----- | - | ---- | ----- | -
|                                                                                                                            |  | Nine Months Ended September 30, |      
|                                                                                                                            |  | 2004                            |       |   | 2003 |      
|Supplemental disclosure of cash flow information:                                                                           |  |                                 |       |   |      |       |  
|Cash paid during the period for:                                                                                            |  |                                 |       |   |      |       |  
|Interest                                                                                                                    |  | $                               | 2,286 |   |      | 2,090 |  
|                                                                                                                            |  |                                 |       |   |      |       |  
|Income taxes                                                                                                                |  | $                               | 935   |   |      | 480   |  
|                                                                                                                            |  |                                 |       |   |      |       |  
|Noncash transactions:                                                                                                       |  |                                 |       |   |      |       |  
|Accumulated other comprehensive income, net change in unrealized gain on securities available for sale, net of income taxes |  | $                               | (29   | ) |      | (28   | )
|                                                                                                                            |  |                                 |       |   |      |       |  
|Tax benefit from common stock options exercised                                                                             |  | $                               | 56    |   |      |      |  
|                                                                                                                            |  |                                 |       |   |      |       |  



See Accompanying Notes to Condensed
Consolidated Financial Statements.



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##### Table of Contents

FIRST COMMUNITY BANK CORPORATION OF AMERICA



Notes to Condensed Consolidated Financial Statements (Unaudited)



|1. | General. First Community Bank Corporation of America (the Holding Company) owns all of the outstanding common stock of First Community Bank of America (the
Bank) and First Community Lender Services, Inc. (FCLS) (collectively, the Company). The Holding Companys primary business activity is the operations of the Bank. The Bank is a federally-chartered stock
savings bank that provides a variety of banking services to small and middle market businesses and individuals through its three banking offices located in Pinellas County and one banking office located in Charlotte County, Florida. FCLS was
incorporated during 2001 and had minimal activity through September 30, 2004.
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



In the opinion of the management of the Company, the accompanying condensed consolidated financial statements contain all adjustments (consisting principally of normal recurring accruals) necessary to present fairly
the financial position at September 30, 2004, the results of operations for the three- and nine-month periods ended September 30, 2004 and 2003 and cash flows for the nine-month periods ended September 30, 2004 and 2003. The results of operations
and other data for the three- and nine-month periods ended September 30, 2004 are not necessarily indicative of results that may be expected for the year ending December 31, 2004.



|2. | Loan Impairment and Loan Losses.There were no loans identified as impaired during the nine months ended September 30, 2004 or 2003.
|-- | -----------------------------------------------------------------------------------------------------------------------------------



The activity in the allowance for loan losses is as follows (in thousands):



|                               |  |                                  |       |   |                                 |       |   |      |       |   |      |       |  
|------------------------------ |  | -------------------------------- | ----- | - | ------------------------------- | ----- | - | ---- | ----- | - | ---- | ----- | -
|                               |  | Three Months Ended September 30, |       |   | Nine Months Ended September 30, |      
|                               |  | 2004                             |       |   | 2003                            |       |   | 2004 |       |   | 2003 |      
|Balance at beginning of period |  | $                                | 2,302 |   |                                 | 1,695 |   |      | 2,041 |   |      | 1,434 |  
|Provision for loan losses      |  |                                  | 119   |   |                                 | 224   |   |      | 381   |   |      | 505   |  
|Charge-offs                    |  |                                  | (14   | ) |                                 | (34   | ) |      | (47   | ) |      | (54   | )
|Recoveries                     |  |                                  | 4     |   |                                 |      |   |      | 36    |   |      |      |  
|                               |  |                                  |       |   |                                 |       |   |      |       |   |      |       |  
|Balance at end of period       |  | $                                | 2,411 |   |                                 | 1,885 |   |      | 2,411 |   |      | 1,885 |  
|                               |  |                                  |       |   |                                 |       |   |      |       |   |      |       |  



Nonaccrual and past
due loans were as follows (in thousands):



|                                             |  |                  |     |      |    
|-------------------------------------------- |  | ---------------- | --- | ---- | ---
|                                             |  | At September 30,
|                                             |  | 2004             |     | 2003
|Nonaccrual loans                             |  | $                | 137 |      | 578
|Past due ninety days or more, still accruing |  |                  |    |      |   
|                                             |  |                  |     |      |    
|                                             |  | $                | 137 |      | 578
|                                             |  |                  |     |      |    



At September 30, 2004
and December 31, 2003 loans held for sale approximated $83,000 and $398,000, respectively and are included in net loans on the condensed consolidated balance sheets.



(continued)



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Notes to Condensed Consolidated Financial Statements (Unaudited),
Continued



|3. | Earnings Per Share (EPS).Earnings per share (EPS) of common stock has been computed on the basis of the weighted-average number of shares of
common stock outstanding. Outstanding stock options and warrants are considered dilutive securities for purposes of calculating diluted EPS which is computed using the treasury stock method. All per share amounts have been adjusted to reflect the
five-for-four stock split declared in July, 2003. At September 30, 2004, there were no warrants outstanding. The following tables present the calculations of EPS (dollars in thousands, except per share amounts).
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|                                                                      |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|--------------------------------------------------------------------- |  | -------- | ----- | ------------------------ | --------- | ---------------- | - | -------- |  | ----------------------- | ----- | --------------- | --------- |  | - | ----
|                                                                      |  |          |       | 2004                     |           | 2003            
|                                                                      |  | Earnings |       | Weighted- Average Shares |           | Per Share Amount |   | Earnings |  | Weighted- AverageShares |       | Per ShareAmount
|Three Months Ended September 30:                                      |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Basic EPS:                                                            |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Net earnings available to common stockholders                         |  | $        | 559   |                          | 2,115,397 |                  | $ | 0.26     |  | $                       | 384   |                 | 1,990,069 |  | $ | 0.19
|                                                                      |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Effect of dilutive securities-                                        |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Incremental shares from assumed conversion of options and warrants    |  |          |      |                          | 248,020   |                  |   |          |  |                         |      |                 | 107,540   |  |   |     
|                                                                      |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Diluted EPS:                                                          |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Net earnings available to common stockholders and assumed conversions |  | $        | 559   |                          | 2,363,417 |                  | $ | 0.24     |  | $                       | 384   |                 | 2,097,609 |  | $ | 0.18
|                                                                      |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Nine Months Ended September 30:                                       |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Basic EPS:                                                            |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Net earnings available to common stockholders                         |  | $        | 1,506 |                          | 2,046,923 |                  | $ | 0.74     |  | $                       | 1,065 |                 | 1,612,063 |  | $ | 0.66
|                                                                      |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|                                                                      |  |          |       |                          |           |                 
|Effect of dilutive securities-                                        |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Incremental shares from assumed conversion of options and warrants    |  |          |      |                          | 231,664   |                  |   |          |  |                         |      |                 | 124,766   |  |   |     
|                                                                      |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Diluted EPS:                                                          |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     
|Net earnings available to common stockholders and assumed conversions |  | $        | 1,506 |                          | 2,278,587 |                  | $ | 0.66     |  | $                       | 1,065 |                 | 1,736,829 |  | $ | 0.61
|                                                                      |  |          |       |                          |           |                  |   |          |  |                         |       |                 |           |  |   |     



The following options
and warrants were excluded from the calculation of EPS due to the exercise price being above the average market price:



|                                                        |  |                   |  |               |       |        |          
|------------------------------------------------------- |  | ----------------- |  | ------------- | ----- | ------ | ---------
|                                                        |  | NumberOutstanding |  | ExercisePrice |       | Expire
|For the three and nine months ended September 30, 2004: |  |                   |  |               |       |        |          
|Options                                                 |  | 15,000            |  | $             | 22.38 |        | 2010-2014
|For the three and nine months ended September 30, 2003: |  |                   |  |               |       |        |          
|Options                                                 |  | 106,250           |  | $             | 12.00 |        | 2006     
|Warrants                                                |  | 112,990           |  | $             | 12.00 |        | 2004     



(continued)



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Notes to Condensed Consolidated Financial Statements (Unaudited),
Continued



|4. | Stock Option Plans.In 2000, the Company adopted stock option plans for directors and employees of the Company. Under the plans, the total number of options which may
be granted to purchase common stock is 375,000 (amended), for directors and 312,500 (amended), for employees. At September 30, 2004, no options remain available for grant under the directors plan and 91,250 options remain available for grant
under the employees plan. The directors options vest immediately and have a life of five years. The employees options vest over a range from grant date to eight years and expire up to six years after vesting is complete, however no
employee option exceeds 10 years. All options and share prices have been adjusted to reflect the five-for-four stock split declared in July, 2003 (in thousands, except per share amounts).
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|                                          |  |                 |   |  |                               |            |                               |       |                      |       |  
|----------------------------------------- |  | --------------- | - |  | ----------------------------- | ---------- | ----------------------------- | ----- | -------------------- | ----- | -
|                                          |  | Numberof Shares |   |  | Range ofPer ShareOption Price |            | WeightedAveragePer SharePrice |       | AggregateOptionPrice |      
|Options outstanding at December 31, 2003  |  | 574,562         |   |  | $                             | 8.00-12.00 |                               | 9.07  |                      | 5,211 |  
|Options granted                           |  | 15,000          |   |  |                               | 22.38      |                               | 22.38 |                      | 336   |  
|Options exercised                         |  | (12,500         | ) |  |                               | 8.00       |                               | 8.00  |                      | (100  | )
|                                          |  |                 |   |  |                               |            |                               |       |                      |       |  
|Options outstanding at September 30, 2004 |  | 577,062         |   |  | $                             | 8.00-22.38 |                               | 9.44  |                      | 5,447 |  
|                                          |  |                 |   |  |                               |            |                               |       |                      |       |  



The Company accounts
for their stock option plans under the recognition and measurement principles of Accounting Principles Board Opinion No. 25. No stock-based employee compensation cost is reflected in net earnings, as all options granted under those plans had an
exercise price equal to the market value of the underlying common stock on the date of grant. The following table illustrates the effect on net earnings if the Company had applied the fair value recognition provisions of Statement of Financial
Accounting Standards (SFAS) No. 123, Accounting for Stock-Based Compensation, as amended by SFAS No. 148, Accounting for Stock-Based Compensation Transition and Disclosure (collectively SFAS No. 123) to stock-based employee
compensation. All per share information has been adjusted to reflect the five-for-four stock split declared in July, 2003 ($in thousands, except per share amounts).



|                                                                                                                                       |  |                                 |      |   |                                |      |   |      |       |   |      |       |  
|-------------------------------------------------------------------------------------------------------------------------------------- |  | ------------------------------- | ---- | - | ------------------------------ | ---- | - | ---- | ----- | - | ---- | ----- | -
|                                                                                                                                       |  | Three Months EndedSeptember 30, |      |   | Nine Months EndedSeptember 30, |     
|                                                                                                                                       |  | 2004                            |      |   | 2003                           |      |   | 2004 |       |   | 2003 |      
|Net earnings, as reported                                                                                                              |  | $                               | 559  |   |                                | 384  |   |      | 1,506 |   |      | 1,065 |  
|                                                                                                                                       |  |                                 |      |  
|Deduct: Total stock-based employee compensation determined under the fair value based method for all awards, net of related tax
effect |  |                                 | (30  | ) |                                | (21  | ) |      | (89   | ) |      | (56   | )
|                                                                                                                                       |  |                                 |      |   |                                |      |   |      |       |   |      |       |  
|Proforma net earnings                                                                                                                  |  | $                               | 529  |   |                                | 363  |   |      | 1,417 |   |      | 1,009 |  
|                                                                                                                                       |  |                                 |      |   |                                |      |   |      |       |   |      |       |  
|Earnings per share:                                                                                                                    |  |                                 |      |   |                                |      |   |      |       |   |      |       |  
|Basic, as reported                                                                                                                     |  | $                               | 0.26 |   |                                | 0.19 |   |      | 0.74  |   |      | 0.66  |  
|                                                                                                                                       |  |                                 |      |   |                                |      |   |      |       |   |      |       |  
|Basic, proforma                                                                                                                        |  | $                               | 0.25 |   |                                | 0.18 |   |      | 0.69  |   |      | 0.63  |  
|                                                                                                                                       |  |                                 |      |   |                                |      |   |      |       |   |      |       |  
|Diluted, as reported                                                                                                                   |  | $                               | 0.24 |   |                                | 0.18 |   |      | 0.66  |   |      | 0.61  |  
|                                                                                                                                       |  |                                 |      |   |                                |      |   |      |       |   |      |       |  
|Diluted, proforma                                                                                                                      |  | $                               | 0.22 |   |                                | 0.17 |   |      | 0.62  |   |      | 0.58  |  
|                                                                                                                                       |  |                                 |      |   |                                |      |   |      |       |   |      |       |  



(continued)



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Notes to Condensed Consolidated Financial Statements (Unaudited), Continued



|4. | Stock Option Plans, Continued. The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model with the following
assumptions, there were no options granted during the three months ended September 30, 2004 and 2003 (in thousands, except per share amounts):
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|                                                              |  |                                |       |   |      |      |  
|------------------------------------------------------------- |  | ------------------------------ | ----- | - | ---- | ---- | -
|                                                              |  | Nine Months EndedSeptember 30, |      
|                                                              |  | 2004                           |       |   | 2003 |     
|Risk-free interest rate                                       |  |                                | 4.93  | % |      | 4.49 | %
|Dividend yield                                                |  |                                |      |   |      |     |  
|Expected volatility                                           |  |                                | 28    | % |      |     |  
|Expected life in years                                        |  |                                | 10    |   |      | 10   |  
|                                                              |  |                               
|Grant-date fair value of each option issued during the period |  | $                              | 11.31 |   |      | 2.60 |  
|                                                              |  |                                |       |   |      |      |  



|5. | Regulatory Capital. The Bank is required to maintain certain minimum regulatory capital requirements. The following is a summary at September 30, 2004 of the
regulatory capital requirements and the Banks actual capital on a percentage basis:
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|                                                |  |        |   |  |                       |  
|----------------------------------------------- |  | ------ | - |  | --------------------- | -
|                                                |  | Actual |   |  | RegulatoryRequirement |  
|Total capital to risk-weighted assets           |  | 11.35  | % |  | 8.00                  | %
|Tier I capital to risk-weighted assets          |  | 10.12  | % |  | 4.00                  | %
|Tier I capital to total assets - leverage ratio |  | 7.78   | % |  | 4.00                  | %



|6. | Commitments. In October, 2004, the Company executed a contract to purchase property for approximately $1.3 million to be used for a future branch site in Tampa,
Florida. The Company expects to open the branch in the third quarter of 2005, subject to regulatory approval.
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Review by Independent Registered Public Accounting Firm



Hacker, Johnson & Smith PA, the Companys independent registered public accounting firm, have made a limited review of the financial data as of September 30, 2004, and for the three- and nine- month periods ended September 30, 2004
and 2003 presented in this document, in accordance with standards established by the Public Company Accounting Oversight Board.



Their report furnished pursuant to Article 10 of Regulation S-X is included herein.



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##### Table of Contents

Report of Independent Registered Public Accounting Firm



First Community Bank Corporation of America

Pinellas Park, Florida:



We have reviewed the accompanying interim condensed consolidated balance sheet of First Community Bank Corporation of
America and Subsidiaries (the Company) as of September 30, 2004, the related interim condensed consolidated statements of earnings for the three- and nine- month periods ended September 30, 2004 and 2003 and the related interim condensed
consolidated statements of changes in stockholders equity and cash flows for the nine-month periods ended September 30, 2004 and 2003. These interim financial statements are the responsibility of the Companys management.



We conducted our reviews in accordance with the standards of the Public
Company Accounting Oversight Board (United States). A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters. It is
substantially less in scope than an audit conducted in accordance with the standards of the Public Company Accounting Oversight Board, the objective of which is the expression of an opinion regarding the financial statements taken as a whole.
Accordingly, we do not express such an opinion.



Based on our
reviews, we are not aware of any material modifications that should be made to the accompanying interim condensed consolidated financial statements for them to be in conformity with U.S. generally accepted accounting principles.



We have previously audited, in accordance with the standards of the Public
Company Accounting Oversight Board, the consolidated balance sheet of the Company as of December 31, 2003, and the related consolidated statements of earnings, changes in stockholders equity and cash flows for the year then ended (not
presented herein); and in our report dated January 30, 2004, we expressed an unqualified opinion on those consolidated financial statements. In our opinion, the information set forth in the accompanying condensed consolidated balance sheet as of
December 31, 2003, is fairly stated, in all material respects, in relation to the consolidated balance sheet from which it has been derived.



|                              
|------------------------------
|/s/ Hacker, Johnson & Smith PA
|                              
|HACKER, JOHNSON & SMITH PA    
|Tampa, Florida                
|November 10, 2004             



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Item 2. Managements Discussion and Analysis

or Plan of Operation



Forward Looking Statements



This document contains forward-looking statements as defined by Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve substantial risks and uncertainties. When used in this document, or in the documents incorporated by reference, the words
anticipate, believe, estimate, may, intend and expect and similar expressions are some of the forward-looking statements used in these documents. Actual results, performance, or
achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements. Factors which may cause results to change materially include competition, inflation, general economic conditions, changes in
interest rates, and changes in the value of collateral securing loans First Community Bank Corporation of America has made, among other things.



General



First Community Bank Corporation of America (the Holding Company) owns all of the outstanding common stock of First Community Bank of America (the Bank) and First Community Lender Services,
Inc. (FCLS) (collectively, the Company). The Holding Companys primary business activity is the operations of the Bank. The Bank is a federally-chartered stock savings bank that provides a variety of banking services to
small and middle market businesses and individuals through its three banking offices located in Pinellas County and one banking office located in Charlotte County, Florida. FCLS was incorporated during 2001 and had minimal activity through September
30, 2004.



Liquidity and Capital Resources



The Companys primary source of cash during the nine months ended
September 30, 2004, was from net deposit inflows of approximately $50.8 million, principle repayments and calls of securities of approximately $2.3 million and cash flows from operations of approximately $2.1 million. Cash was used primarily to
originate net loans of approximately $28.5 million, to purchase securities of approximately $9.5 million and to repay Federal Home Loan Bank advances of approximately $9.0 million. At September 30, 2004, the Bank exceeded its regulatory liquidity
requirements.



Off-Balance Sheet Arrangements and Aggregate Contractual
Obligations



The Company is a party to financial
instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit, unused lines of credit and standby letters of credit. These
instruments involve, to varying degrees, elements of credit and interest-rate risk in excess of the amounts recognized in the condensed consolidated balance sheet. The contract amounts of these instruments reflect the extent of the Companys
involvement in particular classes of financial instruments.



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



The Companys exposure to credit loss in the event of nonperformance by the other party
to the financial instrument for commitments to extend credit, unused lines of credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments as it
does for on-balance-sheet instruments.



Commitments to extend credit are
agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the
commitments are expected to expire without being drawn upon, the total committed amounts do not necessarily represent future cash requirements. The Company evaluates each customers credit worthiness on a case-by-case basis. The amount of
collateral obtained, if it is deemed necessary by the Company upon extension of credit, is based on managements credit evaluation of the counter party.



Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. The credit risk involved in
issuing letters of credit is essentially the same as that involved in extending loans to customers.



Unused lines of credit and commitments to extend credit typically result in loans with a market interest rate.



A summary of the amounts of the Companys financial instruments, with off-balance sheet risk at September 30, 2004, follows (in thousands):



|                             |  |                |       
|---------------------------- |  | -------------- | ------
|                             |  | ContractAmount
|Commitments to extend credit |  | $              | 7,178 
|                             |  |                |       
|Unused lines of credit       |  | $              | 16,660
|                             |  |                |       
|Standby letters of credit    |  | $              | 3,835 
|                             |  |                |       



Management believes that the Company
has adequate resources to fund all of its commitments and that substantially all its existing commitments will be funded within the next twelve months.



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Selected Financial Information



The following rates are presented for the dates and periods indicated:



|                                                                      |  |                                     |   |  |                             |   |  |                                     |  
|--------------------------------------------------------------------- |  | ----------------------------------- | - |  | --------------------------- | - |  | ----------------------------------- | -
|                                                                      |  | Nine Months EndedSeptember 30, 2004 |   |  | Year EndedDecember 31, 2003 |   |  | Nine Months EndedSeptember 30, 2003 |  
|Average equity as a percentage of average assets                      |  | 10.50                               | % |  | 9.96                        | % |  | 9.55                                | %
|Equity to total assets at end of period                               |  | 10.24                               | % |  | 11.19                       | % |  | 11.40                               | %
|Return on average assets (1)                                          |  | .97                                 | % |  | .89                         | % |  | .90                                 | %
|Return on average equity (1)                                          |  | 9.26                                | % |  | 8.97                        | % |  | 9.39                                | %
|Noninterest expenses to average assets (1)                            |  | 2.61                                | % |  | 2.86                        | % |  | 2.88                                | %
|Nonperforming assets as a percentage of total assets at end of period |  | .06                                 | % |  | .29                         | % |  | .39                                 | %

---

|(1) | Annualized for the nine months ended September 30.
|--- | --------------------------------------------------



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Results of Operations



The following table sets forth, for the periods indicated, information regarding (i) the total dollar amount of interest and dividend income
of the Company from interest-earning assets and the resultant average yields; (ii) the total dollar amount of interest expense on interest-bearing liabilities and the resultant average cost; (iii) net interest income; (iv) interest-rate spread; and
(v) net interest margin.



|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|-------------------------------------------------------------------------------- |  | -------------------------------- | ------- | -------------------- | ---- | ----------------- |  | ---- | -------------- |  | -------------------- | ------- | ----------------- | - | ----- |  | ---- | -
|                                                                                 |  | Three Months Ended September 30, |        
|                                                                                 |  | 2004                             |         |                      | 2003 |                  
|                                                                                 |  | AverageBalance                   |         | InterestandDividends |      | AverageYield/Rate |  |      | AverageBalance |  | InterestandDividends |         | AverageYield/Rate |  
|                                                                                 |  | (Dollars in thousands)           |        
|Interest-earning assets:                                                         |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Loans (1)                                                                        |  | $                                | 183,624 |                      |      | 2,848             |  | 6.20 | %              |  | $                    | 142,582 |                   |   | 2,264 |  | 6.35 | %
|Securities                                                                       |  |                                  | 14,573  |                      |      | 79                |  | 2.17 |                |  |                      | 7,020   |                   |   | 40    |  | 2.28 |  
|Other interest-earning assets (2)                                                |  |                                  | 7,355   |                      |      | 17                |  | .92  |                |  |                      | 7,339   |                   |   | 20    |  | 1.09 |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Total interest-earning assets                                                    |  |                                  | 205,552 |                      |      | 2,944             |  | 5.73 |                |  |                      | 156,941 |                   |   | 2,324 |  | 5.92 |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Noninterest-earning assets                                                       |  |                                  | 11,767  |                      |      |                   |  |      |                |  |                      | 13,184  |                   |   |       |  |      |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Total assets                                                                     |  | $                                | 217,319 |                      |      |                   |  |      |                |  | $                    | 170,125 |                   |   |       |  |      |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Interest-bearing liabilities:                                                    |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Savings, NOW, money-market deposit accounts                                      |  |                                  | 62,034  |                      |      | 184               |  | 1.19 |                |  |                      | 44,103  |                   |   | 101   |  | .92  |  
|Time deposits                                                                    |  |                                  | 88,326  |                      |      | 518               |  | 2.35 |                |  |                      | 72,426  |                   |   | 490   |  | 2.71 |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Total interest-bearing deposits                                                  |  |                                  | 150,360 |                      |      | 702               |  | 1.87 |                |  |                      | 116,529 |                   |   | 591   |  | 2.03 |  
|                                                                                 |  |                                  |         |                      |      |                  
|Other interest-bearing liabilities (3)                                           |  |                                  | 15,192  |                      |      | 117               |  | 3.08 |                |  |                      | 10,230  |                   |   | 86    |  | 3.36 |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Total interest-bearing liabilities                                               |  |                                  | 165,552 |                      |      | 819               |  | 1.98 |                |  |                      | 126,759 |                   |   | 677   |  | 2.14 |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Noninterest-bearing liabilities                                                  |  |                                  | 28,864  |                      |      |                   |  |      |                |  |                      | 23,773  |                   |   |       |  |      |  
|Stockholders equity                                                             |  |                                  | 22,903  |                      |      |                   |  |      |                |  |                      | 19,593  |                   |   |       |  |      |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Total liabilities and stockholders equity                                       |  | $                                | 217,319 |                      |      |                   |  |      |                |  | $                    | 170,125 |                   |   |       |  |      |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Net interest income                                                              |  |                                  |         |                      | $    | 2,125             |  |      |                |  |                      |         |                   | $ | 1,647 |  |      |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Interest-rate spread (4)                                                         |  |                                  |         |                      |      |                   |  | 3.75 | %              |  |                      |         |                   |   |       |  | 3.78 | %
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Net interest margin (5)                                                          |  |                                  |         |                      |      |                   |  | 4.14 | %              |  |                      |         |                   |   |       |  | 4.20 | %
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Ratio of average interest-earning assets to average interest-bearing liabilities |  |                                  | 1.24    |                      |      |                   |  |      |                |  |                      | 1.24    |                   |   |       |  |      |  
|                                                                                 |  |                                  |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  

---

|(1) | Includes non-performing loans.
|--- | ------------------------------

|(2) | Includes Federal Home Loan Bank stock and interest-bearing deposits with banks.
|--- | -------------------------------------------------------------------------------

|(3) | Includes Federal Home Loan Bank advances, repurchase agreements with customers, and the Companys line of credit.
|--- | -----------------------------------------------------------------------------------------------------------------

|(4) | Interest-rate spread represents the difference between the average yield on interest-earning assets and the average rate of interest-bearing liabilities.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------

|(5) | Net interest margin is net interest income divided by average interest-earning assets.
|--- | --------------------------------------------------------------------------------------



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



The following table sets forth, for the periods indicated, information regarding (i) the
total dollar amount of interest and dividend income of the Company from interest-earning assets and the resultant average yields; (ii) the total dollar amount of interest expense on interest-bearing liabilities and the resultant average cost; (iii)
net interest income; (iv) interest-rate spread; and (v) net interest margin.



|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|-------------------------------------------------------------------------------- |  | ------------------------------- | ------- | -------------------- | ---- | ----------------- |  | ---- | -------------- |  | -------------------- | ------- | ----------------- | - | ----- |  | ---- | -
|                                                                                 |  | Nine Months Ended September 30, |        
|                                                                                 |  | 2004                            |         |                      | 2003 |                  
|                                                                                 |  | AverageBalance                  |         | InterestandDividends |      | AverageYield/Rate |  |      | AverageBalance |  | InterestandDividends |         | AverageYield/Rate |  
|                                                                                 |  | (Dollars in thousands)          |        
|Interest-earning assets:                                                         |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Loans (1)                                                                        |  | $                               | 174,142 |                      |      | 8,046             |  | 6.16 | %              |  | $                    | 134,794 |                   |   | 6,562 |  | 6.49 | %
|Securities                                                                       |  |                                 | 11,509  |                      |      | 189               |  | 2.19 |                |  |                      | 6,865   |                   |   | 145   |  | 2.82 |  
|Other interest-earning assets (2)                                                |  |                                 | 9,397   |                      |      | 60                |  | 0.85 |                |  |                      | 5,788   |                   |   | 50    |  | 1.15 |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Total interest-earning assets                                                    |  |                                 | 195,048 |                      |      | 8,295             |  | 5.67 |                |  |                      | 147,447 |                   |   | 6,757 |  | 6.11 |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Noninterest-earning assets                                                       |  |                                 | 11,521  |                      |      |                   |  |      |                |  |                      | 10,945  |                   |   |       |  |      |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Total assets                                                                     |  | $                               | 206,569 |                      |      |                   |  |      |                |  | $                    | 158,392 |                   |   |       |  |      |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Interest-bearing liabilities:                                                    |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Savings, NOW, money-market deposit accounts                                      |  |                                 | 59,409  |                      |      | 384               |  | 0.86 |                |  |                      | 37,995  |                   |   | 281   |  | .99  |  
|Time deposits                                                                    |  |                                 | 83,505  |                      |      | 1,577             |  | 2.52 |                |  |                      | 72,950  |                   |   | 1,550 |  | 2.83 |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Total interest-bearing deposits                                                  |  |                                 | 142,914 |                      |      | 1,961             |  | 1.83 |                |  |                      | 110,945 |                   |   | 1,831 |  | 2.20 |  
|                                                                                 |  |                                 |         |                      |      |                  
|Other interest-bearing liabilities (3)                                           |  |                                 | 16,256  |                      |      | 370               |  | 3.03 |                |  |                      | 11,627  |                   |   | 271   |  | 3.11 |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Total interest-bearing liabilities                                               |  |                                 | 159,170 |                      |      | 2,331             |  | 1.95 |                |  |                      | 122,572 |                   |   | 2,102 |  | 2.29 |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Noninterest-bearing liabilities                                                  |  |                                 | 25,708  |                      |      |                   |  |      |                |  |                      | 20,701  |                   |   |       |  |      |  
|Stockholders equity                                                             |  |                                 | 21,691  |                      |      |                   |  |      |                |  |                      | 15,119  |                   |   |       |  |      |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Total liabilities and stockholders equity                                       |  | $                               | 206,569 |                      |      |                   |  |      |                |  | $                    | 158,392 |                   |   |       |  |      |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Net interest income                                                              |  |                                 |         |                      | $    | 5,964             |  |      |                |  |                      |         |                   | $ | 4,655 |  |      |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Interest-rate spread (4)                                                         |  |                                 |         |                      |      |                   |  | 3.72 | %              |  |                      |         |                   |   |       |  | 3.82 | %
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Net interest margin (5)                                                          |  |                                 |         |                      |      |                   |  | 4.08 | %              |  |                      |         |                   |   |       |  | 4.21 | %
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  
|Ratio of average interest-earning assets to average interest-bearing liabilities |  |                                 | 1.23    |                      |      |                   |  |      |                |  |                      | 1.20    |                   |   |       |  |      |  
|                                                                                 |  |                                 |         |                      |      |                   |  |      |                |  |                      |         |                   |   |       |  |      |  

---

|(1) | Includes non-performing loans.
|--- | ------------------------------

|(2) | Includes Federal Home Loan Bank stock and interest-bearing deposits with banks.
|--- | -------------------------------------------------------------------------------

|(3) | Includes Federal Home Loan Bank advances, repurchase agreements with customers, and the Companys line of credit.
|--- | -----------------------------------------------------------------------------------------------------------------

|(4) | Interest-rate spread represents the difference between the average yield on interest-earning assets and the average rate of interest-bearing liabilities.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------

|(5) | Net interest margin is net interest income divided by average interest-earning assets.
|--- | --------------------------------------------------------------------------------------



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Comparison of the Three-Month Periods Ended September 30, 2004 and 2003



General. Our net earnings for the three
months ended September 30, 2004, increased to $559,000 or $0.26 earnings per basic share and $0.24 earnings per diluted share compared to $384,000 or $0.19 earnings per basic share and $0.18 per diluted share for the three months ended September 30,
2003. Net earnings increased due to an increase in net interest income, which was partially offset by a decrease in noninterest income and an increase in noninterest expense.



Net Interest Income. Interest income increased to $2.9 million during the three months ended September 30,
2004, from $2.3 million in 2003. Interest on loans for the three months ended September 30, 2004 increased to $2.8 million from $2.3 million for the three months ended September 30, 2003. The increase in interest on loans was primarily due to an
increase in the average balance of loans to $183.6 million, during the three months ended September 30, 2004 compared to $142.6 million, during the three months ended September 30, 2003. This increase was partially offset by a decrease in the
average yield earned to 6.20% for the three months ended September 30, 2004 from 6.35% for the three months ended September 30, 2003. Interest on securities increased to $79,000 during the three months ended September 30, 2004 from $40,000 for the
three months ended September 30, 2003. The increase in interest income on securities was due to a increase in the average balance of securities from $7.0 million in 2003 to $14.6 million in 2004 partially offset by a decrease in the average yield
earned from 2.28% in 2003 to 2.17% in 2004. Interest on other interest earning assets decreased to $17,000 during the three months ended September 30, 2004, from $20,000 during the three months ended September 30, 2003.



Interest expense on interest bearing deposit accounts increased to $702,000
during the three months ended September 30, 2004, compared to $591,000 during the three months ended September 30, 2003. The increase was primarily due to an increase in the average balance of interest bearing deposits to $150.4 million in 2004 from
$116.5 million in 2003 due to the opening of an additional banking office in 2002 and 2003, partially offset by a decrease in the average rate paid from 2.03% in 2003 to 1.87% in 2004. The decline in the average rate paid was the result of
managements efforts to increase low cost deposit accounts.



Interest expense on other interest bearing liabilities increased to $117,000 during the three months ended September 30, 2004 compared to $86,000 in 2003. The increase was primarily due to an increase in the average balance of such
liability accounts.



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Comparison of the Three-Month Periods Ended September 30, 2004 and 2003,
Continued



Provision for Loan Losses.
Calculating the allowance for loan losses is divided into two primary allocation groups: (1) specific allocation loans and (2) all other passing grade loans. For specific allocation loans, the Company has determined an allowance amount to set aside
which it believes is sufficient to cover any potential collateral shortfall. Problem loans are identified by the loan officer, loan review, loan committee or by the examiners. Those loans identified as problem loans are assigned a risk grade. Loans
graded special mention are multiplied by an inherent loss factor of 2% to determine the amount to be included in the allowance. Loans graded substandard are generally multiplied by a loss factor of 5%, loans graded doubtful are generally multiplied
by a loss factor of 50% and loans graded loss are multiplied by a loss factor of 100%. In addition to the 5% and 50% on substandard and doubtful loans, respectively, the loans are individually reviewed for any additional reserve that may be
necessary. All other loans, graded pass are multiplied by an historical experience factor to determine the appropriate level of the allowance for loan losses. In addition to historical experience factors, the Company also provides for losses due to
economic factors, concentration of credit risk and portfolio composition changes.



The provision for loan losses was $119,000 for the three months ended September 30, 2004 compared to $224,000 for the three months ended September 30, 2003. While continued economic weakness, rapidly rising interest
rates, or other factors could cause stress on the loan portfolio and affect the levels of nonperforming assets and charge-offs, management believes that the levels of nonperforming assets and the charge-off ratio are stable under the current
circumstances.



The allowance for loan losses is $2,411,000 at
September 30, 2004. While management believes that its allowance for loan losses is adequate as of September 30, 2004, future adjustments to the Companys allowance for loan losses may be necessary if economic conditions differ substantially
from the assumptions used in making the initial determination.



Noninterest Income. Noninterest income decreased to $257,000 in 2004 from $349,000 for the three- months ended September 30, 2003. The decrease is primarily due to a decrease in gains recognized on the sale of loans held for
sale and service charges on deposit accounts.



Noninterest Expense. Total noninterest expense increased to $1.4 million for the three months ended September 30, 2004 from $1.2 million for the comparable period ended September 30, 2003, primarily due to an increase in
employee compensation and benefits of $159,000 due to the increase in staff and the opening of a new banking office in 2003.



Income Taxes. Income taxes for the three months ended September 30, 2004, was $326,000 or 36.8% compared to $219,000 or 36.3% for the period
ended September 30, 2003.

|
|

|
|



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Comparison of the Nine-Month Periods Ended September 30, 2004 and 2003



General. Our net earnings for the nine
months ended September 30, 2004, increased to $1,506,000 or $0.74 earnings per basic share and $0.66 earnings per diluted share compared to $1,065,000 or $.66 earnings per basic share and $.61 earnings per diluted share for the nine months ended
September 30, 2003. Net earnings increased due to an increase in net interest income, which was partially offset by a decrease in noninterest income, an increase in noninterest expense and the provision for income taxes.



Net Interest Income. Interest income increased to $8.3 million
during the nine months ended September 30, 2004, from $6.8 million in 2003. Interest on loans for the nine months ended September 30, 2004 increased to $8.0 million from $6.6 million for the nine months ended September 30, 2003. The increase in
interest on loans was primarily due to an increase in the average balance of loans to $174.1 million during the nine months ended September 30, 2004 when compared to $134.8 million during the nine months ended September 30, 2003. This was primarily
due to the opening of two new banking offices during 2002 and 2003. This increase was partially offset by a decrease in the average yield earned to 6.16% for the nine months ended September 30, 2004 from 6.49% for the nine months ended September 30,
2003. Interest on securities increased to $189,000 during the nine months ended September 30, 2004, from $145,000 for the nine month ended September 30, 2003. The increase in interest income on securities was due to an increase in the average
balance of securities from $6.9 million in 2003 to $11.5 million in 2004 partially offset by a decrease in the average yield earned from 2.82% in 2003 to 2.19% in 2004. Interest on other interest earning assets increased to $60,000 during the nine
months ended September 30, 2004, from $50,000 during the nine months ended September 30, 2003 primarily due to an increase in the average balance of other interest earning assets to $9.4 million during the nine months ended September 30, 2004 from
$5.8 million during the nine months ended September 30, 2003.



Interest expense on interest bearing deposit accounts increased to $2.0 million during the nine months ended September 30, 2004, compared to $1.8 million during the nine months ended September 30, 2003. The increase was due to an increase
in the average balance of interest bearing deposits to $142.9 million in 2004 from $110.9 million in 2003 due to the opening of additional banking offices in 2002 and 2003, partially offset by a decrease in the average rate paid from 2.20% in 2003
to 1.83% in 2004. The decline in the average rate paid was the result of managements efforts to increase low cost deposit accounts.



Interest expense on other interest bearing liabilities increased to $370,000 during the nine months ended September 30, 2004, compared to $271,000 in
2003. The increase was primarily due to an increase in the average balance of such liability accounts.



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Comparison of the Nine-Month Periods Ended September 30, 2004 and 2003, Continued



Provision for Loan Losses. Calculating the allowance for loan losses is divided into two primary allocation
groups: (1) specific allocation loans and (2) all other passing grade loans. For specific allocation loans, the Company has determined an allowance amount to set aside which it believes is sufficient to cover any potential collateral shortfall.
Problem loans are identified by the loan officer, loan review, loan committee or by the examiners. Those loans identified as problem loans are assigned a risk grade. Loans graded special mention are multiplied by an inherent loss factor of 2% to
determine the amount to be included in the allowance. Loans graded substandard are generally multiplied by a loss factor of 5%, loans graded doubtful are generally multiplied by a loss factor of 50% and loans graded loss are multiplied by a loss
factor of 100%. In addition to the 5% and 50% on substandard and doubtful loans, respectively, the loans are individually reviewed for any additional reserve that may be necessary. All other loans, graded pass are multiplied by an historical
experience factor to determine the appropriate level of the allowance for loan losses. In addition to historical experience factors, the Company also provides for losses due to economic factors, concentration of credit risk and portfolio composition
changes.



The provision for loan losses was
$381,000 for the nine months ended September 30, 2004 compared to $505,000 for the nine months ended September 30, 2003. While continued economic weakness, rapidly rising interest rates, or other factors could cause stress on the loan portfolio and
affect the levels of nonperforming assets and charge-offs, management believes that the levels of nonperforming assets and the charge-off ratio are stable under the current circumstances.



The allowance for loan losses is $2,411,000 at September 30, 2004. While
management believes that its allowance for loan losses is adequate as of September 30, 2004, future adjustments to the Companys allowance for loan losses may be necessary if economic conditions differ substantially from the assumptions used in
making the initial determination.



Noninterest
Income. Noninterest income decreased to $843,000 in 2004 from $938,000 for the nine months ended September 30, 2003. The decrease is primarily due to a decrease in gains recognized on the sale of loans held for sale.



Noninterest Expense. Total noninterest expense increased to
$4.0 million for the nine months ended September 30, 2004 from $3.4 million for the comparable period ended September 30, 2003, primarily due to an increase in employee compensation and benefits of $331,000 due to the opening of new banking offices
in 2002 and 2003.



Income Taxes. Income taxes
for the nine months ended September 30, 2004, was $874,000 or 36.7% compared to $600,000 or 36.0% for the period ended September 30, 2003.



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



Item 3. Controls and Procedures



|a. | Evaluation of disclosure controls and procedures. The Company maintains controls and procedures designed to ensure that information required to be disclosed in the reports
that the Company files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission. Based upon their
evaluation of those controls and procedures performed within 90 days of the filing date of this report, the Chief Executive and Chief Financial officers of the Company concluded that the Companys disclosure controls and procedures were
adequate.
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|b. | Changes in internal controls. The Company made no significant changes in its internal controls or in other factors that could significantly affect these controls subsequent
to the date of the evaluation of those controls by the Chief Executive and Chief Financial officers.
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



PART II. OTHER INFORMATION



Item 1. Legal Proceedings



There are no material
pending legal proceeding to which First Community Bank Corporation of America and Subsidiaries, is a party or to which any of their property is subject.



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



PART II. OTHER INFORMATION, CONTINUED



Item 6. Exhibits



|Exhibits. | The following exhibits were filed with the Securities and Exchange Commission.
|--------- | ------------------------------------------------------------------------------



|            |  |                                                                                                                                              
|----------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------
|Exhibit No. |  | Description of Exhibit                                                                                                                       
|*   3.1     |  | Amended and Restated Articles of Incorporation                                                                                               
|            | 
|*   3.2     |  | Bylaws                                                                                                                                       
|            | 
|*   4.1     |  | Specimen Common Stock Certificate                                                                                                            
|            | 
|*   4.3     |  | Warrant Certificate                                                                                                                          
|            | 
|** 10.1     |  | Employment Agreement of Kenneth P. Cherven                                                                                                   
|            | 
|*   10.2    |  | First Amended and Restated Non-Employee Director Stock Option Plan                                                                           
|            | 
|*   10.3    |  | Long-Term Incentive Plan                                                                                                                     
|            | 
|*   10.4    |  | Incentive Compensation Plan                                                                                                                  
|            | 
|31.1        |  | Certification of Chief Executive Officer required by Rule 13a-14(a)/15d-14(a) under the Exchange Act                                         
|            | 
|31.2        |  | Certification of Chief Financial Officer required by Rule 13a-14(a)/15d-14(a) under the Exchange Act                                         
|            | 
|32.1        |  | Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of Sarbanes-Oxley Act of 2002
|            | 
|32.2        |  | Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of Sarbanes-Oxley Act of 2002
|            | 
|** 99.5     |  | Audit Committee Charter                                                                                                                      

---

|* | Exhibits marked with an asterisk were submitted with the Companys original filing of Form SB-2 on April 7, 2003.
|- | -----------------------------------------------------------------------------------------------------------------

|** | Exhibits marked with a double asterisk were submitted with the Companys filing of its Amendment One to Form SB-2 on May 8, 2003.
|-- | ---------------------------------------------------------------------------------------------------------------------------------



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FIRST COMMUNITY BANK CORPORATION OF AMERICA



SIGNATURES



Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.



|                        |  |                                             |  |                                                                        
|----------------------- |  | ------------------------------------------- |  | -----------------------------------------------------------------------
|                        |  | FIRST COMMUNITY BANK CORPORATION OF AMERICA
|                        |  | (Registrant)                               
|                        |  |                                            
|Date: November 15, 2004 |  | By:                                         |  | /s/ Kenneth P. Cherven                                                 
|                        |  |                                             |  | Kenneth P. Cherven, President and Chief Executive Officer              
|                        |  |                                            
|Date: November 15, 2004 |  | By:                                         |  | /s/ John A. Stewart, Jr.                                               
|                        |  |                                             |  | John A. Stewart, Jr., Senior Vice President and Chief Financial Officer



24