First Community Bank of East Tennessee

First Community Bank of East Tennessee is headquartered in Rogersville and is the 84^th largest bank in the state of Tennessee. It is also the 2,853^rd largest bank in the nation. It was established in 1993 and as of March of 2012, it had grown to 53 employees at 6 locations. First Community Bank of East Tennessee has a 3-star health rating.

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Data for Q1 2012

Institution Statistics First Community Bank of East Tennessee FDIC Certificate # 33794 BankRate Report View Year Established 1993 Employees 53 Primary Regulator FDIC Assets and Liabilities Assets $223.81 million Loans $115.75 million Deposits $177.71 million Equity Capital $22.63 million Loan Loss Allowance $6.24 million Unbacked Noncurrent Loans $13.39 million Real Estate Owned $6.50 million Historic Data - March 2011 Assets $223.58 million Equity Capital $24.59 million Loan Loss Allowance $4.38 million Unbacked Noncurrent Loans $5.39 million Real Estate Owned $4.01 million Profit Margin - Quarterly Net Interest Margin 3.28% Return on Assets 0.75% Return on Equity 7.29% Interest Income $2.05 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First Community Bank of East Tennessee had $19.89 million in non-current loans and owned real-estate with $28.88 million in equity and loan loss allowances on hand to cover it. This gives First Community Bank of East Tennessee a Texas Ratio of 68.87% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Community Bank of East Tennessee increased slightly from 32.45% as of March 31, 2011 to 68.87% as of March 31, 2012, resulting in a negative change of 112.26%. This indicates that the balance sheet and financial strength for First Community Bank of East Tennessee has declined slightly in recent periods. Deposit Growth In the past year, First Community Bank of East Tennessee has increased its total deposits by $6.88 million, resulting in 4.03% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Community Bank of East Tennessee has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Community Bank of East Tennessee has $223.81 million in assets with $28.88 million in equity, resulting in a capitalization level of 12.90%, which is excellent.

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