First Community Bank of East Tennessee in city_name, state_name

First Community Bank of East Tennessee in Rogersville, Tennessee (TN)
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First Community Bank of East Tennessee routing number info

First Community Bank of East Tennessee - Overview

General
FDIC Certificate #: 33794
Status: Active
Federal Reserve ID: 2037185
Bank Holding Company (Regulatory Top Holder): First Community Corporation (RSSDID: 2224239, Location: Rogersville, TN)
Date Established: April 26, 1993
WWW: http://www.fcbanktn.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 13619
FDIC's unique #: 48070
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: Commercial Lending Specialization
Date of Deposit Insurance: April 26, 1993
Last Structure Change Effective Date: November 02, 2011
Last Structure Change Process Date: November 02, 2011
Last Data Update: November 02, 2011
Data Source Date: April 05, 2012
Location
Address: 809 West Main Street, Rogersville, TN 37857
County: Hawkins
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Knoxville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Johnson City-Kingsport-Bristol, TN-VA (#3660)
Combined Statistical Area (CSA): Johnson City-Kingsport-Bristol (Tri-Cities), TN-VA (#304)
Core Based Statistical Area (CBSA): Kingsport-Bristol-Bristol, TN-VA (#28700)
CBSA Metro Statistical Area: Kingsport-Bristol-Bristol, TN-VA (#28700)
Financial Summary
Total assets: $214.6 mil
Equity capital: $22.5 mil
Deposits held in domestic offices: $170.4 mil
Return on assets (ROA): -1.45% (-$3.1 mil)
Quarterly return on assets: 0.37% ($0.8 mil)
Return on Equity (ROE): -13.53% (-$3.0 mil)
Quarterly return on equity: 3.64% ($0.8 mil)
Net income: -$3.2 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: -1.81% (-$3,883.7 mil)
Quarterly Pretax return on assets: -1.10% (-$2,360.3 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
52Total employees (full-time equivalent)
$214,569Total assets
$35,792Cash and due from depository institutions
$28,691Interest-bearing balances
$33,711Securities
$0Federal funds sold & reverse repurchase agreements
$123,034Net loans & leases
$7,296Loan loss allowance
$0Trading account assets
$5,421Bank premises and fixed assets
$4,422Other real estate owned
$0Goodwill and other intangibles
$214,569Life insurance assets
$12,189All other assets
$192,071Total liabilities and capital
$170,374Total liabilities
$151,698Total deposits
$170,374Interest-bearing deposits
$85Deposits held in domestic offices
4435.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$14,424Trading liabilities
$0Other borrowed funds
$2,838Subordinated debt
$22,498All other liabilities
$22,498Total equity capital
$22,498Total bank equity capital
$0Perpetual preferred stock
$661Common stock
$10,674Surplus
$11,163Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$18,618Income earned, not collected on loans
$0Earning assets
$466Long-term assets (5+ years)
$185,436Average Assets, year-to-date
$45,138Average Assets, quarterly
$221,891Volatile liabilities
$221,639Insider loans
$143,909FHLB advances
$224,651Loans and leases held for sale
$6,066Unused loan commitments
$5,831Tier 1 (core) risk-based capital
$22,191Tier 2 risk-based capital
$129Total risk weighted assets
$106Total unused commitments
$11,746Restructured Loans and leases
$1,174Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$9,138Total interest income
$2,780Total interest expense
$6,358Net interest income
$5,828Provision for loan and lease losses
$360Total noninterest income
$0Fiduciary activities
$529Service charges on deposit accounts
$0Trading account gains & fees
-$169Additional noninterest income
$5,660Total noninterest expense
$2,603Salaries and employee benefits
$803Premises and equipment expense
$2,254Additional noninterest expense
-$4,770Pre-tax net operating income
$744Securities gains (losses)
-$816Applicable income taxes
-$3,210Income before extraordinary items
$0Extraordinary gains - net
-$3,210Net income attributable to bank
$0Net charge-offs
-$3,210Cash dividends
$1,422Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.75%Yield on earning assets
1.45%Cost of funding earning assets
3.31%Net interest margin
0.19%Noninterest income to earning assets
2.94%Noninterest expense to earning assets
-1.71%Net operating income to assets
-1.45%Return on assets (ROA)
-1.81%Pretax return on assets
-13.53%Return on equity (ROE)
-13.53%Retained earnings to average equity (YTD only)
1.01%Net charge-offs to loans
409.85%Credit loss provision to net charge-offs
0.74%Efficiency ratio
84,251Assets per employee
4.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.60%Loss allowance to noncurrent loans
39.19%Noncurrent assets plus other real estate owned to assets
10.74%Noncurrent loans to loans
14.29%Net loans and leases to deposits
72.21%Net loans and leases to core deposits
84.07%Equity capital to assets
10.49%Core capital (leverage) ratio
9.88%Tier 1 risk-based capital ratio
15.42%Total risk-based capital ratio
Memoranda
$17Average assets
$221,891Average earning assets
$23,732Average equity
$192,213Average loans

List of branches

6 Tennessee Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	48070	First Community Bank Of East Tenness	809 West Main Street, Rogersville, TN 37857	April 26, 1993	Full Service Brick and Mortar
1	289879	Church Hill Branch	441 Richmond Street, Church Hill, TN 37642	December 05, 1994	Full Service Brick and Mortar
3	289881	East Main Street Branch	1104 East Main Street, Rogersville, TN 37857	August 10, 1998	Full Service Brick and Mortar
5	363168	Rogersville Branch	4331 Highway 66 South, Rogersville, TN 37857	Febuary 20, 2002	Full Service Brick and Mortar
6	365633	East Center Street Branch	444 East Center Street, Kingsport, TN 37660	October 15, 2002	Full Service Brick and Mortar
7	439389	Fort Henry Drive Branch	3865 Fort Henry Drive, Kingsport, TN 37663	November 29, 2004	Full Service Brick and Mortar

First Community Bank of East Tennessee in Rogersville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank of East Tennessee - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Community Bank of East Tennessee in Rogersville, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank of East Tennessee - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Community Bank of East Tennessee in Rogersville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches