Call reports 2024
FIRST COMMUNITY BANK OF TENNESSEE — 2024
What FIRST COMMUNITY BANK OF TENNESSEE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 794,867,000 | 823,756,000 | 811,253,000 | 785,650,000 |
| Total loans | 585,033,000 | 626,174,000 | 608,783,000 | 580,790,000 |
| Allowance for loan losses | 4,739,000 | 4,167,000 | 3,688,000 | 3,118,000 |
| Securities available for sale | 91,121,000 | 89,911,000 | 91,735,000 | 87,377,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 595,865,000 | 626,983,000 | 588,932,000 | 581,828,000 |
| Interest-bearing deposits | 475,029,000 | 501,454,000 | 455,916,000 | 458,733,000 |
| Noninterest-bearing deposits | 120,836,000 | 125,529,000 | 133,016,000 | 123,095,000 |
| Equity capital | 82,914,000 | 85,515,000 | 87,107,000 | 84,358,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 14,309,000 | 30,630,000 | 46,876,000 | 62,904,000 |
| Interest expense | 6,259,000 | 13,092,000 | 20,033,000 | 26,591,000 |
| Net interest income | 8,050,000 | 17,538,000 | 26,843,000 | 36,313,000 |
| Noninterest income | 12,594,000 | 30,754,000 | 46,684,000 | 61,556,000 |
| Noninterest expense | 20,220,000 | 44,252,000 | 70,845,000 | 96,879,000 |
| Provision for loan losses | 73,000 | -402,000 | -871,000 | -1,425,000 |
| Pretax income | 345,000 | 3,962,000 | 3,146,000 | 2,076,000 |
| Income tax | -27,000 | 766,000 | 435,000 | -364,000 |
| Net income | 363,000 | 3,160,000 | 2,681,000 | 2,417,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,872,000 | 91,804,000 | 91,427,000 | 91,262,000 |
| Total capital | 93,611,000 | 96,446,000 | 95,590,000 | 94,752,000 |
| Risk-weighted assets | 584,010,000 | 615,108,000 | 602,752,000 | 548,469,000 |