What is First Community Mortgage Backed Securities (USD Mil)?
Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.
First Community's Mortgage Backed Securities (USD Mil) for the quarter that ended in Dec. 2023 was 350.90
, which is lower than
351.05 for the pervious quarter ended in Sep. 2023.
First Community's Mortgage Backed Securities (USD Mil) for the annual that ended in Dec. 2023 was 350.90
, which is lower than
366.37 for the pervious year ended in Dec. 2022.
The historical rank and industry rank for First Community's Mortgage Backed Securities (USD Mil) or its related term are showing as below:
First Community Mortgage Backed Securities (USD Mil) Historical Data
The historical data trend for First Community's Mortgage Backed Securities (USD Mil) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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First Community Mortgage Backed Securities (USD Mil) Chart
Competitive Comparison of First Community's Mortgage Backed Securities (USD Mil)
For the Banks - Regional subindustry, First Community's Mortgage Backed Securities (USD Mil), along with its competitors' market caps and Mortgage Backed Securities (USD Mil) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Community (NAS:FCCO) Mortgage Backed Securities (USD Mil) Explanation
Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.
First Community Mortgage Backed Securities (USD Mil) Related Terms
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First Community (First Community) Business Description
First Community Corp is a bank holding company, which provides commercial banking services. It is engaged in the general commercial and retail banking business characterized by personalized service and local decision making, emphasizing the banking needs of small to medium-sized businesses, professional concerns, and individuals. It operates through following segments: Commercial and Retail Banking; Mortgage Banking; Investment Advisory and Non-Deposit; and Corporate. It offers checking, savings, money market, individual retirement, and certificates of deposit accounts. Its lending lines include consumer loans, real estate loans, home improvement loans, home loans, flex loans, construction loans, agricultural loans, and others.
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