First Community Bank of Bedford County in Shelbyville, Tennessee (TN)



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First Community Bank of Bedford County routing number info

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First Community Bank of Bedford County
GeneralFDIC Certificate #: 27211
Status: Active
Federal Reserve ID: 1188772
Bank Holding Company (Regulatory Top Holder): First Community Bancorp, Inc. (RSSDID: 2016340, Location: Shelbyville, TN)
Date Established: April 01, 1988
WWW: http://www.firstcommunitybanker.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 11231
FDIC's unique #: 39116
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: April 01, 1988
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 207 Elm Street, Shelbyville, TN 37160
County: Bedford
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Nashville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Shelbyville, TN (#43180)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $319.3 mil
Equity capital: $40.3 mil
Deposits held in domestic offices: $240.1 mil
Return on assets (ROA): 1.29% ($4.1 mil)
Quarterly return on assets: 1.30% ($4.1 mil)
Return on Equity (ROE): 10.77% ($4.3 mil)
Quarterly return on equity: 10.48% ($4.2 mil)
Net income: $4.1 mil
Quarterly Net income: $1.0 mil
Pretax return on assets: 1.78% ($5,683.7 mil)
Quarterly Pretax return on assets: 1.80% ($5,747.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)206
Total assets$319,308
Cash and due from depository institutions$10,689
Interest-bearing balances$2,317
Securities$79,492
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$202,426
Loan loss allowance $2,955
Trading account assets$0
Bank premises and fixed assets$9,535
Other real estate owned$2,676
Goodwill and other intangibles$236
All other assets$14,254
Life insurance assets$319,308
Total liabilities and capital$278,975
Total liabilities$240,099
Total deposits$213,930
Interest-bearing deposits$240,099
Deposits held in domestic offices$91
% insured (estimated)6293.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$25,306
Other borrowed funds $0
Subordinated debt $7,277
All other liabilities $40,333
Total equity capital$40,333
Total bank equity capital$40,333
Perpetual preferred stock$0
Common stock$339
Surplus$2,582
Undivided profits $37,412
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $63,779
Income earned, not collected on loans $2,152
Earning assets $0
Long-term assets (5+ years) $1,617
Average Assets, year-to-date $284,235
Average Assets, quarterly $78,029
Volatile liabilities $320,107
Insider loans $322,773
FHLB advances $242,235
Loans and leases held for sale $334,252
Unused loan commitments $6,274
Tier 1 (core) risk-based capital $4,682
Tier 2 risk-based capital $37,120
Total risk weighted assets $0
Total unused commitments $1,592
Restructured Loans and leases $36,925
Derivatives$9,052
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $14,115
Total interest expense $4,201
Net interest income $9,914
Provision for loan and lease losses $998
Total noninterest income $13,896
Fiduciary activities $0
Service charges on deposit accounts $907
Trading account gains & fees $0
Additional noninterest income $12,989
Total noninterest expense $17,665
Salaries and employee benefits $10,586
Premises and equipment expense $1,552
Additional noninterest expense $5,527
Pre-tax net operating income $5,147
Securities gains (losses) $555
Applicable income taxes $1,582
Income before extraordinary items $4,120
Extraordinary gains - net $0
Net income attributable to bank $4,120
Net charge-offs $0
Cash dividends $4,120
Sale, conversion, retirement of capital stock, net $715
Net operating income $1,521
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.03%
Cost of funding earning assets 1.50%
Net interest margin 3.53%
Noninterest income to earning assets 4.95%
Noninterest expense to earning assets 6.29%
Net operating income to assets 1.16%
Return on assets (ROA) 1.29%
Pretax return on assets 1.78%
Return on equity (ROE) 10.77%
Retained earnings to average equity (YTD only) 6.80%
Net charge-offs to loans 0.37%
Credit loss provision to net charge-offs 139.58%
Efficiency ratio8.59%
Assets per employee$74,192
Cash dividends to net income (YTD only)1.55%
Condition Ratios (%)
Loss allowance to loans 36.92%
Loss allowance to noncurrent loans 1.44%
Noncurrent assets plus other real estate owned to assets 137.31%
Noncurrent loans to loans 1.51%
Net loans and leases to deposits1.05%
Net loans and leases to core deposits 84.31%
Equity capital to assets 94.79%
Core capital (leverage) ratio 12.63%
Tier 1 risk-based capital ratio 11.11%
Total risk-based capital ratio 15.32%
Memoranda
Average assets$17
Average earning assets$320,107
Average equity $38,241
Average loans $280,728
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$1,819
Number of Accounts1
Personal trust and agency accounts$1,819
Employee benefit-defined contribution accounts$1,819
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts3
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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4 Tennessee Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
039116First Community Bank Of Bedford Coun207 Elm Street, Shelbyville, TN 37160April 01, 1988Full Service Brick and Mortar
1261400Madison Street Branch1051 Madison Street, Shelbyville, TN 37160November 03, 1993Limited Service Facility
3363573Lynchburg Branch535 Majors Blvd., Lynchburg, TN 37352April 15, 2002Full Service Brick and Mortar
4485246Airport Park Branch2841 Highway 231 North, Shelbyville, TN 37160December 08, 2008Limited Service Facility
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