Call reports 2022
FIRST COMMUNITY BANK OF EAST TENNESSEE — 2022
What FIRST COMMUNITY BANK OF EAST TENNESSEE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 206,690,000 | 209,806,000 | 199,856,000 | 206,677,000 |
| Total loans | 117,337,000 | 125,750,000 | 135,127,000 | 144,441,000 |
| Allowance for loan losses | 1,804,000 | 1,809,000 | 1,689,000 | 1,693,000 |
| Securities available for sale | 21,118,000 | 18,952,000 | 18,005,000 | 17,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,239,000 | 183,234,000 | 173,004,000 | 180,109,000 |
| Interest-bearing deposits | 135,678,000 | 133,271,000 | 129,213,000 | 134,425,000 |
| Noninterest-bearing deposits | 44,562,000 | 49,963,000 | 43,791,000 | 45,684,000 |
| Equity capital | 20,396,000 | 20,401,000 | 20,482,000 | 20,661,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,411,000 | 3,014,000 | 4,880,000 | 6,992,000 |
| Interest expense | 62,000 | 122,000 | 182,000 | 264,000 |
| Net interest income | 1,349,000 | 2,892,000 | 4,698,000 | 6,728,000 |
| Noninterest income | 361,000 | 784,000 | 1,035,000 | 1,008,000 |
| Noninterest expense | 1,405,000 | 2,826,000 | 4,227,000 | 5,645,000 |
| Provision for loan losses | 0 | 0 | -125,000 | -125,000 |
| Pretax income | 305,000 | 850,000 | 1,631,000 | 2,216,000 |
| Income tax | 64,000 | 191,000 | 379,000 | 484,000 |
| Net income | 241,000 | 659,000 | 1,252,000 | 1,732,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,572,000 | 20,991,000 | 21,584,000 | 21,975,000 |