Call reports 2018
FIRST COMMUNITY BANK OF EAST TENNESSEE — 2018
What FIRST COMMUNITY BANK OF EAST TENNESSEE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 182,486,000 | 182,151,000 | 178,111,000 | 173,655,000 |
| Total loans | 114,115,000 | 116,002,000 | 116,174,000 | 122,304,000 |
| Allowance for loan losses | 1,764,000 | 1,778,000 | 1,788,000 | 1,797,000 |
| Securities available for sale | 23,546,000 | 23,818,000 | 23,695,000 | 23,844,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,600,000 | 151,492,000 | 143,877,000 | 141,747,000 |
| Interest-bearing deposits | 110,689,000 | 101,494,000 | 113,603,000 | 112,808,000 |
| Noninterest-bearing deposits | 41,911,000 | 49,998,000 | 30,273,000 | 28,939,000 |
| Equity capital | 20,798,000 | 21,115,000 | 21,376,000 | 20,256,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,606,000 | 3,304,000 | 5,042,000 | 6,789,000 |
| Interest expense | 73,000 | 158,000 | 245,000 | 357,000 |
| Net interest income | 1,533,000 | 3,146,000 | 4,797,000 | 6,432,000 |
| Noninterest income | 251,000 | 505,000 | 755,000 | 1,078,000 |
| Noninterest expense | 1,421,000 | 2,903,000 | 4,405,000 | 5,839,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 363,000 | 748,000 | 1,147,000 | 1,672,000 |
| Income tax | 59,000 | 119,000 | 178,000 | 188,000 |
| Net income | 304,000 | 629,000 | 969,000 | 1,484,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,877,000 | 20,202,000 | 20,542,000 | 19,369,000 |
| Total capital | 21,413,000 | 21,757,000 | 22,112,000 | 21,004,000 |
| Risk-weighted assets | 122,628,000 | 124,208,000 | 125,417,000 | 130,583,000 |