Call reports 2021
FIRST COMMUNITY BANK OF EAST TENNESSEE — 2021
What FIRST COMMUNITY BANK OF EAST TENNESSEE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 195,747,000 | 197,964,000 | 196,903,000 | 200,238,000 |
| Total loans | 112,892,000 | 112,144,000 | 109,012,000 | 116,166,000 |
| Allowance for loan losses | 1,785,000 | 1,788,000 | 1,794,000 | 1,799,000 |
| Securities available for sale | 16,691,000 | 16,098,000 | 17,350,000 | 18,744,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,530,000 | 169,617,000 | 165,401,000 | 173,162,000 |
| Interest-bearing deposits | 125,192,000 | 125,093,000 | 125,317,000 | 126,507,000 |
| Noninterest-bearing deposits | 39,339,000 | 44,524,000 | 40,083,000 | 46,655,000 |
| Equity capital | 21,787,000 | 22,089,000 | 22,257,000 | 20,826,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,431,000 | 2,935,000 | 4,330,000 | 5,752,000 |
| Interest expense | 86,000 | 174,000 | 244,000 | 307,000 |
| Net interest income | 1,345,000 | 2,761,000 | 4,086,000 | 5,445,000 |
| Noninterest income | 370,000 | 648,000 | 986,000 | 1,364,000 |
| Noninterest expense | 1,342,000 | 2,759,000 | 4,129,000 | 5,540,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 373,000 | 650,000 | 943,000 | 1,269,000 |
| Income tax | 78,000 | 132,000 | 190,000 | 262,000 |
| Net income | 295,000 | 518,000 | 753,000 | 1,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,053,000 | 21,276,000 | 21,511,000 | 20,331,000 |