Michael C. Crapps
Net Worth

Last updated:

What is Michael C. Crapps net worth?

The estimated net worth of Mr. Michael C. Crapps is at least $15,911,593 as of 19 May 2023. He owns shares worth $1,723,706 as insider, has earned $479,907 from insider trading and has received compensation worth at least $13,707,980 in First Community Corporation.

What is the salary of Michael C. Crapps?

Mr. Michael C. Crapps salary is $623,090 per year as Chief Executive Officer & Director in First Community Corporation.

How old is Michael C. Crapps?

Mr. Michael C. Crapps is 66 years old, born in 1959.

What stocks does Michael C. Crapps currently own?

As insider, Mr. Michael C. Crapps owns shares in one company:

Company Title Shares Price per share Total value
First Community Corporation (FCCO) Chief Executive Officer & Director 65,640 $26.26 $1,723,706

What does First Community Corporation do?

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. Its deposit products include checking, NOW, savings, and individual retirement accounts; and demand deposits, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises commercial loans that consist of secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. It also provides other banking services, which include online banking, internet banking, cash management, safe deposit boxes, travelers checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, the company offers non-deposit investment products and other investment brokerage services; VISA and MasterCard credit card services; investment advisory services; and insurance services. It operates 21 full-service offices located in the Lexington County, Richland County, Newberry County, Kershaw County, Greenville County, Anderson County, Pickens County, and Aiken County, South Carolina; and Richmond County and Columbia County, Georgia. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina.

Michael C. Crapps insider trading

First Community Corporation

Mr. Michael C. Crapps has made 13 insider trades between 2003-2023, according to the Form 4 filled with the SEC. Most recently he purchased 650 units of FCCO stock worth $11,050 on 19 May 2023.

The largest trade he's ever made was exercising 25,635 units of FCCO stock on 20 Feb 2013. As of 19 May 2023 he still owns at least 65,640 units of FCCO stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock 650 $17 $11,050
Purchase
Common Stock 2,090 $13 $27,170
Purchase
Common Stock 1,510 $13 $19,630
Purchase
Common Stock - Restricted 2,693 N/A N/A
Option
Warrants 1,290 $5.9 $7,611
Option
Common Stock 1,290 $5.9 $7,611
Sale
Common Stock 1,262 $23 $29,026
Purchase
Common Stock - Restricted 4,086 N/A N/A
Sale
Common Stock 1,544 $20.2 $31,189
Sale
Common Stock 5,000 $20 $100,000
Purchase
Common Stock - Restricted 845 N/A N/A
Sale
Common Stock 10,125 $13.18 $133,397
Sale
Commo0n Stock 100 $13.18 $1,318
Sale
Common Stock 2,979 $13.46 $40,082
Purchase
Common Stock Restricted 6,716 N/A N/A
Sale
Common Stock 6,665 $13.23 $88,145
Sale
Common Stock 317 $13.25 $4,200
Purchase
Common Stock - Restricted 2,313 N/A N/A
Purchase
Common Stock 100 $11.78 $1,178
Purchase
Common Stock 946 $11.78 $11,144
Purchase
Common Stock 3,259 $11.78 $38,391
Purchase
Common Stock 150 $10.62 $1,593
Purchase
Common Stock - Restricted Shares 12,791 N/A N/A
Purchase
Common Stock 1,221 $9.33 $11,392
Purchase
Common Stock (Restricted Shares) 25,635 N/A N/A
Purchase
Common Stock 450 $8.35 $3,758
Purchase
Common Stock 2,500 $8 $20,000
Purchase
Common Stock (Restricted Shares) 10,563 N/A N/A
Purchase
Common Stock Warrants (right to buy) 1,290 $5.9 $7,611
Sale
Common Stock 421 $8.23 $3,465
Purchase
Common Stock 20,000 $5.95 $119,000
Purchase
Common Stock 140 $8.35 $1,169
Sale
Common Stock 150 $15.35 $2,303
Purchase
Common Stock 100 $14.1 $1,410
Sale
Common Stock 200 $15.35 $3,070
Purchase
Common Stock 100 $17.15 $1,715
Sale
Common Stock 2,000 $19.2 $38,400
Purchase
Common Stock 141 $19 $2,679
Option
Common Stock 19,688 $7.62 $150,023
Option
Stock Option (Right to Buy) 19,688 $7.62 $150,023
Purchase
Common Stock 200 $20 $4,000
Sale
Common Stock ($.01 par value) 250 $21.25 $5,313

First Community key executives

First Community Corporation executives and other stock owners filed with the SEC:

  • Mr. John Ted Nissen (63) Pres & Chief Banking Officer
  • Mr. Michael C. Crapps (66) Chief Executive Officer & Director
  • Ms. Tanya A. Butts (66) Executive Vice President, Chief Operating Officer & Chief Risk Officer