Call reports 2023
FIRST COMMUNITY BANK OF TENNESSEE — 2023
What FIRST COMMUNITY BANK OF TENNESSEE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 818,269,000 | 851,467,000 | 766,194,000 | 789,751,000 |
| Total loans | 588,647,000 | 654,626,000 | 583,396,000 | 593,627,000 |
| Allowance for loan losses | 4,307,000 | 4,405,000 | 4,456,000 | 4,678,000 |
| Securities available for sale | 89,687,000 | 86,974,000 | 82,078,000 | 86,652,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 619,401,000 | 608,025,000 | 559,378,000 | 577,681,000 |
| Interest-bearing deposits | 453,450,000 | 470,933,000 | 434,188,000 | 457,881,000 |
| Noninterest-bearing deposits | 165,951,000 | 137,092,000 | 125,190,000 | 119,800,000 |
| Equity capital | 93,786,000 | 89,840,000 | 81,795,000 | 83,238,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 11,853,000 | 26,555,000 | 42,241,000 | 56,617,000 |
| Interest expense | 3,669,000 | 8,561,000 | 13,983,000 | 19,976,000 |
| Net interest income | 8,184,000 | 17,994,000 | 28,258,000 | 36,641,000 |
| Noninterest income | 9,145,000 | 19,123,000 | 29,159,000 | 38,940,000 |
| Noninterest expense | 18,561,000 | 42,473,000 | 65,767,000 | 87,942,000 |
| Provision for loan losses | 6,000 | 116,000 | 191,000 | 449,000 |
| Pretax income | -1,211,000 | -5,472,000 | -8,565,000 | -12,745,000 |
| Income tax | -352,000 | -1,489,000 | -2,389,000 | -3,858,000 |
| Net income | -782,000 | -3,815,000 | -6,208,000 | -8,914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,953,000 | 95,645,000 | 90,992,000 | 88,389,000 |
| Total capital | 98,260,000 | 100,049,000 | 95,448,000 | 93,067,000 |
| Risk-weighted assets | 632,320,000 | 612,871,000 | 587,601,000 | 589,981,000 |