PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Century Bank

Tazewell, TN · Cert 1700 · Claiborne Holding Co. Inc.

State charter, non-member · FDIC · 12 branches

Q2 2026

$809.8MAssets
$707.5MLoans
$722.3MDeposits
$74.4MEquity
Loan mix
92%RE $633.9M7%C&I $47.9M1%Consumer $5.8MQ3 2024Q2 2026
Deposit mix
82%Interest-bearing $592.8M18%Noninterest $129.5MQ3 2024Q2 2026

Market Position · Knoxville, TN · 2026 SOD (annual) · 1.1% share · #13 of 42 inst. · $0.3B of $26.6B

33.9% Claiborne
0.6% Knox
2.8% Blount
31.3% Union

Executive Summary

  • Earnings: ROA of 1.69%, up 33 bps year over year; NIM at 4.10%.
  • Asset quality: problem loans at 0.07% of loans (+4 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 9.44%, up 62 bps from a year ago.
  • Funding: loans stand at 97.94% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.69%+33 bps YoY

Net Interest Margin (YTD, annualized)

4.10%+46 bps YoY

Efficiency Ratio (YTD, annualized)

47.70%-551 bps YoY

Tier 1 Leverage Ratio

9.44%+62 bps YoY

NIM

5.69%Q2 ’245.94%Q2 ’256.02%Q2 ’26+4%+13%

Non-interest income vs. expense

2.10%Q2 ’242.17%Q2 ’252.17%Q2 ’26+6%-1%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.42%1.37%1.25%1.36%1.43%1.37%1.68%1.69%+33 bps
Return on Equity16.74%16.10%14.70%15.90%16.60%15.73%18.26%18.38%+248 bps
Net Interest Margin3.47%3.42%3.55%3.64%3.72%3.71%4.11%4.10%+46 bps
Efficiency Ratio51.56%54.66%54.25%53.21%51.86%53.86%46.35%47.70%-551 bps
Non-Interest Burden1.56%1.66%1.75%1.73%1.72%1.80%1.69%1.72%-1 bps
Growth
Asset Growth (YoY)12.60%13.95%13.25%9.26%12.04%7.05%4.90%6.94%-232 bps
Loan Growth (YoY)15.24%12.27%9.18%6.99%8.20%9.08%8.87%9.78%+279 bps
Deposit Growth (YoY)12.60%15.11%14.27%12.20%12.78%6.14%3.06%5.49%-671 bps
Asset Quality
Nonperforming Loans / Loans0.02%0.02%0.03%0.03%0.02%0.04%0.05%0.07%+4 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.01%+1 bps
Allowance / Loans0.98%0.98%0.98%0.99%1.00%1.05%1.06%1.07%+8 bps
Allowance Coverage of NPLs41.5x39.7x32.0x33.7x43.3x24.4x21.6x14.5x-19.1x
Capital
Tier 1 Leverage Ratio8.69%8.62%8.59%8.82%9.09%9.03%9.35%9.44%+62 bps
Total Risk-Based Capital12.52%12.70%12.66%13.02%13.19%13.33%13.00%13.22%+20 bps
Equity / Assets8.58%8.55%8.44%8.61%8.77%9.16%9.22%9.19%+57 bps
Liquidity & Funding
Loans / Deposits98.24%95.57%93.74%94.12%94.25%98.22%99.02%97.94%+382 bps
Liquid Assets / Assets4.64%4.85%5.70%5.95%5.71%3.45%4.37%3.65%-231 bps
CRE / Total Capitaln/an/an/an/a430%419%420%n/an/a