Call reports 2010
FIRST UNITED BANK — 2010
What FIRST UNITED BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 119,630,000 | 122,470,000 | 124,751,000 | 126,843,000 |
| Total loans | 94,746,000 | 100,983,000 | 104,485,000 | 105,868,000 |
| Allowance for loan losses | 1,372,000 | 1,360,000 | 1,369,000 | 1,367,000 |
| Securities available for sale | 9,410,000 | 7,813,000 | 7,095,000 | 7,805,000 |
| Securities held to maturity | 5,489,000 | 5,302,000 | 5,808,000 | 5,601,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,516,000 | 106,462,000 | 105,569,000 | 108,166,000 |
| Interest-bearing deposits | 88,723,000 | 91,930,000 | 90,231,000 | 90,115,000 |
| Noninterest-bearing deposits | 13,793,000 | 14,532,000 | 15,338,000 | 18,051,000 |
| Equity capital | 10,123,000 | 10,459,000 | 10,849,000 | 11,059,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,578,000 | 3,236,000 | 4,939,000 | 6,680,000 |
| Interest expense | 381,000 | 757,000 | 1,106,000 | 1,428,000 |
| Net interest income | 1,197,000 | 2,479,000 | 3,833,000 | 5,252,000 |
| Noninterest income | 123,000 | 296,000 | 439,000 | 613,000 |
| Noninterest expense | 832,000 | 1,701,000 | 2,544,000 | 3,478,000 |
| Provision for loan losses | 38,000 | 135,000 | 235,000 | 325,000 |
| Pretax income | 450,000 | 939,000 | 1,493,000 | 2,062,000 |
| Income tax | 26,000 | 60,000 | 99,000 | 139,000 |
| Net income | 424,000 | 879,000 | 1,394,000 | 1,923,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,965,000 | 10,270,000 | 10,636,000 | 10,965,000 |
| Total capital | 11,227,000 | 11,596,000 | 11,992,000 | 12,332,000 |
| Risk-weighted assets | 100,841,000 | 106,059,000 | 108,495,000 | 109,934,000 |