References to the "Bank" means First Community Bank. The information on our website is not incorporated by reference into this report. We refer to these counties as the "Midlands" region of South Carolina. 3) As of June 30, 2020, the Midlands Region consisted of 13 full service branches. ( We also offer a full range of commercial and personal loans. Legislative and Regulatory Developments. No collateral or personal guarantees were required. Consumer Protection Regulations. Further changes may occur in 2021, but, if so, there is no announced timetable. The agencies proposed such regulations in April 2011. The findings of the supervisory initiatives will be included in reports of examination. We may have higher loan losses than we have allowed for in our allowance for loan losses. Approximately 28.7%, or $242.1 million, of this real estate is owner-occupied properties. Our underwriting decisions may materially and adversely affect our business. Higher capital levels could also lower our return on equity. New lines of business or new products and services may subject us to additional risk. We are subject to Federal Reserve regulation. Many aspects of the banking business involve a substantial risk of legal liability. We could in the future be the target of similar litigation.
