Call reports 2019
FIRST COMMUNITY BANK OF EAST TENNESSEE — 2019
What FIRST COMMUNITY BANK OF EAST TENNESSEE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 185,952,000 | 180,395,000 | 165,197,000 | 162,118,000 |
| Total loans | 116,667,000 | 117,666,000 | 117,673,000 | 116,698,000 |
| Allowance for loan losses | 1,765,000 | 1,776,000 | 1,532,000 | 1,552,000 |
| Securities available for sale | 23,590,000 | 22,192,000 | 19,901,000 | 19,405,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,210,000 | 147,728,000 | 134,916,000 | 133,122,000 |
| Interest-bearing deposits | 121,361,000 | 109,552,000 | 103,990,000 | 105,045,000 |
| Noninterest-bearing deposits | 31,850,000 | 38,177,000 | 30,925,000 | 28,077,000 |
| Equity capital | 20,765,000 | 21,249,000 | 21,892,000 | 21,802,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,795,000 | 3,587,000 | 5,357,000 | 7,066,000 |
| Interest expense | 126,000 | 264,000 | 417,000 | 559,000 |
| Net interest income | 1,669,000 | 3,323,000 | 4,940,000 | 6,507,000 |
| Noninterest income | 252,000 | 510,000 | 808,000 | 1,219,000 |
| Noninterest expense | 1,513,000 | 3,057,000 | 4,537,000 | 6,022,000 |
| Provision for loan losses | 0 | 0 | -320,000 | -320,000 |
| Pretax income | 408,000 | 776,000 | 1,531,000 | 2,024,000 |
| Income tax | 70,000 | 130,000 | 277,000 | 470,000 |
| Net income | 338,000 | 646,000 | 1,254,000 | 1,554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,707,000 | 20,016,000 | 20,622,000 | 20,911,000 |
| Total capital | 21,261,000 | 21,569,000 | 22,154,000 | 22,433,000 |
| Risk-weighted assets | 124,069,000 | 124,044,000 | 124,676,000 | 121,762,000 |