Exhibit 99.1

CERTIFICATION  Pursuant to 31 C.F.R. § 30.15

The
undersigned, Michael C. Crapps, Chief Executive Officer, certify, based on his knowledge, that:

(i)  The
compensation committee of First Community Corporation ("First Community") has discussed, reviewed, and evaluated with senior risk officers at least every six months
during the period beginning on the later of September 14, 2009, or ninety days after the closing date of the agreement between First Community and Treasury and ending with the last day of First
Community's fiscal year containing that date (the applicable period), the senior executive officer (SEO) compensation plans and the employee compensation plans and the risks these plans pose to First
Community;

(ii)  The
compensation committee of First Community has identified and limited during the applicable period any features of the SEO compensation plans that could lead SEOs to
take unnecessary and excessive risks that could threaten the value of First Community, and during that same applicable period has identified any features of the employee compensation plans that pose
risks to First Community and has limited those features to ensure that First Community is not unnecessarily exposed to risks;

(iii)  The
compensation committee has reviewed, at least every six months during the applicable period, the terms of each employee compensation plan and identified any
features of the plan that could encourage the manipulation of reported earnings of First Community to enhance the compensation of an employee, and has limited any such features;

(iv)  The
compensation committee of First Community will certify to the reviews of the SEO compensation plans and employee compensation plans required under (i) and
(iii) above;

(v)  The
compensation committee of First Community will provide a narrative description of how it limited during any part of the most recently completed fiscal year that
included a TARP period the features in



(vi)  First
Community has required that bonus payments, as defined in the regulations and guidance established under section 111 of EESA (bonus payments), of the SEOs
and twenty next most highly compensated employees be subject to a recovery or "clawback" provision during any part of the most recently completed fiscal year that was a TARP period if the bonus
payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria;

(vii)  First
Community has prohibited any golden parachute payment, as defined in the regulations and guidance established under section 111 of EESA, to an SEO or any
of the next five most highly compensated employees during the period beginning on the later of the closing date of the agreement between the TARP recipient and Treasury or June 15, 2009 and
ending with the last day of the TARP recipient's fiscal year containing that date;

(viii)  First
Community has limited bonus payments to its applicable employees in accordance with section 111 of EESA and the regulations and guidance established
thereunder during the period beginning on the later of the closing date of the agreement between the TARP recipient and Treasury or June 15, 2009 and ending with the last day of the TARP
recipient's fiscal year containing that date;

(ix)  The
board of directors of First Community has established an excessive or luxury expenditures policy, as defined in the regulations and guidance established under
section 111 of EESA, by the later

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of
September 14, 2009, or ninety days after the closing date of the agreement between the TARP recipient and Treasury; this policy has been provided to Treasury and its primary regulatory
agency; First Community and its employees have complied with this policy during the applicable period; and any expenses that, pursuant to this policy, required approval of the board of directors, a
committee of the board of directors, an SEO, or an executive officer with a similar level of responsibility were properly approved;

(x)  First
Community will permit a non-binding shareholder resolution in compliance with any applicable Federal securities rules and regulations on the
disclosures provided under the Federal securities laws related to SEO compensation paid or accrued during the period beginning on the later of the closing date of the agreement between First Community
and Treasury or June 15, 2009 and ending with the last day of First Community's fiscal year containing that date;

(xi)  First
Community will disclose the amount, nature, and justification for the offering during the period beginning on the later of the closing date of the agreement
between First Community and Treasury or June 15, 2009 and ending with the last day of First Community's fiscal year containing that date of any perquisites, as defined in the regulations and
guidance established under section 111 of EESA, whose total value exceeds $25,000 for any employee who is subject to the bonus payment limitations identified in paragraph (viii);

(xii)  First
Community will disclose whether First Community, the board of directors of First Community, or the compensation committee of First Community has engaged during
the period beginning on the later of the closing date of the agreement between First Community and Treasury or June 15, 2009 and ending with the last day of First Community's fiscal year
containing that date, a compensation consultant; and the services the compensation consultant or any affiliate of the compensation consultant provided during this period;

(xiii)  First
Community has prohibited the payment of any gross-ups, as defined in the regulations and guidance established under section 111 of EESA, to
the SEOs and the next twenty most highly compensated employees during the period beginning on the later of the closing date of the agreement between First Community and Treasury or June 15,
2009 and ending with the last day of First Community's fiscal year containing that date;

(xiv)  First
Community has substantially complied with all other requirements related to employee compensation that are provided in the agreement between First Community and
Treasury, including any amendments;

(xv)  First
Community has submitted to Treasury a complete and accurate list of the SEOs and the twenty next most highly compensated employees for the current fiscal year and
the most recently completed fiscal year, with the non-SEOs ranked in descending order of level of annual compensation, and with the name, title, and employer of each SEO and most highly
compensated employee identified; and

(xvi)  I
understand that a knowing and willful false or fraudulent statement made in connection with this certification may be punished by fine, imprisonment, or both.

/s/ MICHAEL C. CRAPPS Michael C. Crapps Chief Executive OfficerMarch 29, 2010


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