Call reports 2014
FIRST COMMUNITY BANK OF EAST TENNESSEE — 2014
What FIRST COMMUNITY BANK OF EAST TENNESSEE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 190,998,000 | 185,291,000 | 187,277,000 | 182,805,000 |
| Total loans | 96,534,000 | 96,030,000 | 100,525,000 | 106,878,000 |
| Allowance for loan losses | 3,060,000 | 3,071,000 | 3,081,000 | 2,726,000 |
| Securities available for sale | 38,642,000 | 38,215,000 | 32,505,000 | 28,642,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,462,000 | 150,829,000 | 152,586,000 | 147,494,000 |
| Interest-bearing deposits | 132,899,000 | 122,592,000 | 126,163,000 | 123,280,000 |
| Noninterest-bearing deposits | 24,562,000 | 28,238,000 | 26,424,000 | 24,214,000 |
| Equity capital | 18,200,000 | 18,919,000 | 19,103,000 | 19,870,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,566,000 | 3,098,000 | 4,448,000 | 5,935,000 |
| Interest expense | 187,000 | 367,000 | 533,000 | 693,000 |
| Net interest income | 1,379,000 | 2,731,000 | 3,915,000 | 5,242,000 |
| Noninterest income | 232,000 | 619,000 | 843,000 | 1,256,000 |
| Noninterest expense | 1,506,000 | 2,980,000 | 4,426,000 | 5,899,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 108,000 | 375,000 | 335,000 | 616,000 |
| Income tax | 0 | 0 | -2,000 | -31,000 |
| Net income | 108,000 | 375,000 | 337,000 | 647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,456,000 | 18,132,000 | 18,278,000 | 18,779,000 |
| Total capital | 18,853,000 | 19,525,000 | 19,727,000 | 20,301,000 |
| Risk-weighted assets | 110,096,000 | 109,717,000 | 114,248,000 | 120,599,000 |