First Community Bank

34 Court St
Chatom, AL 36518

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 14720
Date Established 1909
Assets $0.39 billion
Loans $0.28 billion
Deposits $0.35 billion
Capital $0.04 billion

First Community Bank is an FDIC insured institution located in Chatom, AL. It was founded in 1909 and has approximately $0.4 billion in assets. Customers can open an account at one of its 11 branches.

For a more detailed analysis of First Community Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in First Community Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Alabama, First Community Bank has a significantly higher percent of Multifamily Mortgages, Small Business Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.56
Multifamily
Mortgages
5.14
Credit Card Loans 0.00
Consumer Auto Loans 1.30
Small Business Loans 16.78
Construction and Development Loans 10.70
Commercial Real Estate 36.67
Commercial and Industrial Loans 15.70
Farm Loans 0.00

Deposit Rates - July 20, 2018

Your Current Location: Virginia, VA 20146

There are currently no rates available for First Community Bank, but see these great savings and CD rates:

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Checking Rates APY MIN FEE
Free Kasasa Cash Checking 2.00% $0 $0.00 Learn MoreShow Less

Loan Rates - July 20, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Community Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

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Payment
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NMLS ID: 1339905
4.250% 4.250% 0.00 $0 $1,230 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.325% 4.250% 0.50 $2,354 $1,230 Learn More
PenFed Credit Union
NMLS ID: 401822
4.459% 4.375% 0.00 $2,500 $1,249 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.740% $291.47 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

Note to First Community Bank
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Branches

First Community Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


First Community Bank Locations

Financial Details

First Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Community Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Community Bank U.S. Bank Average
12.66% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2018, First Community Bank had $5,035,000 in non-current loans and $258,000 in owned real estate. To cover these potential losses it had $38,372,000 in equity and $3,425,000 in loans loss reserves. That gives it a Texas Ratio of 12.66%.

Return on Equity
First Community Bank U.S. Bank Average
11.27% 9.35%

First Community Bank has a Return on Equity of 11.27% versus the BestCashCow average of 9.35%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Community Bank U.S. Bank Average
9.8% 12.01%

First Community Bank has a Capitalization of 9.8% versus the BestCashCow average of 12.01. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Community Bank Balance Sheet Analysis

As of December 31, 2017, First Community Bank had assets of $400,550,000, loans of $277,820,000, and deposits of $354,345,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.08 billion
Federal funds sold and reverse repurchase $0.02 billion
Net loans and leases $0.28 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.36 billion
LIABILITIES
Total deposits $0.35 billion
      Interest-bearing deposits $0.29 billion
      Deposits held in domestic offices $0.35 billion
      % insured (estimated) 80.21%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.36 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About First Community Bank

Branches and Savings

Is First Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #14720.

Why does First Community Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Community Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Community Bank a commercial bank?

Yes

Where are First Community Bank locations?

See branch locations nearby.

Is First Community Bank open on Saturdays?

Is First Community Bank open on Sundays?

What time does First Community Bank open?

What time does First Community Bank close?

Are First Community Bank ATMs Open 24/7?

Do First Community Bank ATMs accept cash deposits?

Can First Community Bank customers use other ATMs?

Do First Community Bank branches have notaries?

Will First Community Bank notarize my document?

What address for First Community Bank should I put for incoming ACH transfers?

Will the First Community Bank branch print checks?

Do First Community Bank checks expire?

Does First Community Bank require US citizenship to open account?

Can First Community Bank close my account?

Does First Community Bank Report to credit bureaus?

Does First Community Bank Use Equifax?

What is First Community Bank's ACH Routing Number?

What is First Community Bank's SWIFT code?

Products

Does First Community Bank offer mortgages?

Compare mortgage rates here.

Does First Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Community Bank offer personal loans?

Compare personal loan rates here.

Does First Community Bank offer student loans?

Will First Community Bank cash a check?

Will First Community Bank redeem a savings bond?

Does First Community Bank cash savings bonds?

Will First Community Bank cash money orders?

Can First Community Bank issue a money order?

Does First Community Bank do currency exchange?

Background on The Bank

Who owns First Community Bank?

How long has First Community Bank been around?

Can First Community Bank transfer to other banks?

Does First Community Bank have quick pay?

Does First Community Bank accept rolled coins?

Will First Community Bank accept loose change?

Where is First Community Bank headquarters?

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