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FCCT (First Community Tn) Total Assets : $195.78 Mil (As of Dec. 2024)


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What is First Community Tn Total Assets?

First Community Tn's Total Assets for the quarter that ended in Dec. 2024 was $195.78 Mil.

During the past 12 months, First Community Tn's average Total Assets Growth Rate was -6.20% per year. During the past 3 years, the average Total Assets Growth Rate was 3.90% per year. During the past 5 years, the average Total Assets Growth Rate was 4.10% per year. During the past 10 years, the average Total Assets Growth Rate was -1.60% per year.

During the past 11 years, First Community Tn's highest 3-Year average Total Assets Growth Rate was 8.30%. The lowest was -11.00%. And the median was -2.75%.

Total Assets is connected with ROA %. First Community Tn's annualized ROA % for the quarter that ended in Dec. 2024 was 0.38%. Total Assets is also linked to Revenue through Asset Turnover. First Community Tn's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.


First Community Tn Total Assets Historical Data

The historical data trend for First Community Tn's Total Assets 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.

* Premium members only.

First Community Tn Total Assets Chart

First Community Tn Annual Data
Trend Dec04 Dec05 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183.40 200.38 206.92 209.26 195.78

First Community Tn Quarterly Data
Sep06 Dec17 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 211.71 209.26 203.99 207.09 195.78

First Community Tn Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

First Community Tn's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=21.47+174.307
=195.78

First Community Tn's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=21.47+174.307
=195.78

* 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.


First Community Tn  (OTCPK:FCCT) Total Assets Explanation

Total Assets is connected with ROA %.

First Community Tn's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.764/( (207.085+195.777)/ 2 )
=0.764/201.431
=0.38 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

First Community Tn's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.684/( (207.085+195.777)/ 2 )
=0.684/201.431
=0.00

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

First Community Tn Total Assets Related Terms

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First Community Tn Business Description

Traded in Other Exchanges
Address
809 West Main Street, P.O. Box 820, Rogersville, TN, USA, 37857
First Community Corp Tn is a holding company. It provides commercial banking services. Its primary deposit products are demand and savings deposits and certificates of deposit, and its primary lending products are commercial, residential real estate, and consumer loans.

First Community Tn Headlines