Call reports 2020
FIRST COMMUNITY BANK OF EAST TENNESSEE — 2020
What FIRST COMMUNITY BANK OF EAST TENNESSEE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 182,143,000 | 192,586,000 | 187,009,000 | 183,245,000 |
| Total loans | 112,710,000 | 113,520,000 | 114,913,000 | 109,378,000 |
| Allowance for loan losses | 1,567,000 | 1,797,000 | 1,799,000 | 1,785,000 |
| Securities available for sale | 18,331,000 | 17,743,000 | 16,224,000 | 16,688,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,755,000 | 153,610,000 | 149,024,000 | 151,005,000 |
| Interest-bearing deposits | 111,146,000 | 108,909,000 | 111,772,000 | 113,914,000 |
| Noninterest-bearing deposits | 28,609,000 | 44,701,000 | 37,253,000 | 37,091,000 |
| Equity capital | 22,817,000 | 22,893,000 | 22,952,000 | 21,744,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,761,000 | 3,550,000 | 4,935,000 | 6,405,000 |
| Interest expense | 148,000 | 271,000 | 378,000 | 475,000 |
| Net interest income | 1,613,000 | 3,279,000 | 4,557,000 | 5,930,000 |
| Noninterest income | 333,000 | 540,000 | 753,000 | 1,449,000 |
| Noninterest expense | 1,510,000 | 3,080,000 | 4,532,000 | 6,035,000 |
| Provision for loan losses | -700,000 | -352,000 | -352,000 | -299,000 |
| Pretax income | 1,136,000 | 1,091,000 | 1,130,000 | 1,643,000 |
| Income tax | 280,000 | 255,000 | 246,000 | 355,000 |
| Net income | 856,000 | 836,000 | 884,000 | 1,288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,767,000 | 21,748,000 | 21,795,000 | 20,757,000 |