3

 FILE1='somefile'
    FILE2='someotherfile'

    # File 1, column 1
    f1c1=($(cut -f1 -s $FILE1))
    # File 1, column 2
    #f1c2=($(cut -f2 -s $FILE1))

    # File 2, column 1
    f2c1=($(cut -f1 -s $FILE2))
    # File 2, column 2
    #f2c2=($(cut -f2 -s $FILE2))

    # Looping through all items in file 1 column 1
    for x in "${f1c1[@]}"
    do
        # For each item in f1c1, check all items in f2c1 for a match
        for y in "${f2c1[@]}"
        do
            if [[ $x == $y ]]
            then
                # The items matched!
                echo $x
                # Breaking out of the loop (no need to check for more than one
                # match, right?)
                break
            fi
        done
    done