Call reports 2020
FIRST COMMUNITY BANK OF TENNESSEE — 2020
What FIRST COMMUNITY BANK OF 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 | 632,050,000 | 729,088,000 | 813,778,000 | 809,639,000 |
| Total loans | 461,273,000 | 509,381,000 | 614,908,000 | 615,671,000 |
| Allowance for loan losses | 2,878,000 | 3,169,000 | 3,148,000 | 3,254,000 |
| Securities available for sale | 67,616,000 | 68,945,000 | 72,331,000 | 77,113,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 424,450,000 | 492,628,000 | 503,955,000 | 526,490,000 |
| Interest-bearing deposits | 338,182,000 | 374,945,000 | 375,636,000 | 384,300,000 |
| Noninterest-bearing deposits | 86,268,000 | 117,683,000 | 128,319,000 | 142,190,000 |
| Equity capital | 70,027,000 | 85,334,000 | 98,806,000 | 102,556,000 |
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 | 5,550,000 | 11,898,000 | 17,869,000 | 23,980,000 |
| Interest expense | 1,822,000 | 3,939,000 | 5,831,000 | 7,880,000 |
| Net interest income | 3,728,000 | 7,959,000 | 12,038,000 | 16,100,000 |
| Noninterest income | 16,373,000 | 54,687,000 | 97,338,000 | 124,293,000 |
| Noninterest expense | 15,075,000 | 37,103,000 | 62,383,000 | 88,741,000 |
| Provision for loan losses | 219,000 | 526,000 | 790,000 | 892,000 |
| Pretax income | 4,807,000 | 25,063,000 | 46,249,000 | 50,803,000 |
| Income tax | 1,172,000 | 6,335,000 | 11,733,000 | 12,780,000 |
| Net income | 3,635,000 | 18,728,000 | 34,516,000 | 38,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,900,000 | 82,994,000 | 96,524,000 | 100,196,000 |
| Total capital | 70,778,000 | 86,163,000 | 99,672,000 | 103,450,000 |
| Risk-weighted assets | 512,614,000 | 576,685,000 | 624,315,000 | 621,267,000 |