Call reports 2016
FIRST COMMUNITY BANK OF EAST TENNESSEE — 2016
What FIRST COMMUNITY BANK OF EAST TENNESSEE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 181,546,000 | 176,688,000 | 172,227,000 | 170,834,000 |
| Total loans | 106,392,000 | 111,421,000 | 116,341,000 | 111,945,000 |
| Allowance for loan losses | 2,136,000 | 2,149,000 | 2,428,000 | 1,836,000 |
| Securities available for sale | 28,198,000 | 25,725,000 | 24,571,000 | 22,613,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,543,000 | 140,394,000 | 137,117,000 | 135,285,000 |
| Interest-bearing deposits | 115,173,000 | 102,467,000 | 107,099,000 | 106,238,000 |
| Noninterest-bearing deposits | 30,369,000 | 37,927,000 | 30,018,000 | 29,047,000 |
| Equity capital | 20,426,000 | 20,635,000 | 20,917,000 | 21,461,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,515,000 | 3,008,000 | 4,546,000 | 6,066,000 |
| Interest expense | 118,000 | 234,000 | 352,000 | 472,000 |
| Net interest income | 1,397,000 | 2,774,000 | 4,194,000 | 5,594,000 |
| Noninterest income | 424,000 | 642,000 | 917,000 | 1,128,000 |
| Noninterest expense | 1,470,000 | 2,908,000 | 4,319,000 | 5,667,000 |
| Provision for loan losses | 0 | 0 | 0 | -550,000 |
| Pretax income | 367,000 | 531,000 | 826,000 | 1,640,000 |
| Income tax | 22,000 | 47,000 | 68,000 | 91,000 |
| Net income | 345,000 | 484,000 | 758,000 | 1,549,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,840,000 | 19,979,000 | 20,254,000 | 20,908,000 |
| Total capital | 21,382,000 | 21,549,000 | 21,869,000 | 22,493,000 |
| Risk-weighted assets | 122,554,000 | 124,762,000 | 128,040,000 | 126,263,000 |