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Call reports 2020

FIRST UNITED BANK — 2020

What FIRST UNITED BANK reported to the FFIEC in 2020, quarter by quarter.

PERIOD: 2020SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/093846c3-2120-418f-ac06-04b4e7c682be/2020

Balance sheet

What the bank holds and owes at quarter end

Measure2020Q12020Q22020Q32020Q4
Total assets263,250,000285,845,000283,966,000299,131,000
Total loans176,143,000190,365,000195,528,000186,393,000
Allowance for loan losses3,656,0003,700,0003,702,0003,970,000
Securities available for sale49,402,00062,831,00064,614,00087,708,000
Securities held to maturity3,453,0002,982,0002,752,0002,745,000
Trading assets0000
Total deposits231,396,000251,590,000244,623,000263,775,000
Interest-bearing deposits190,568,000201,385,000195,397,000201,605,000
Noninterest-bearing deposits40,828,00050,205,00049,226,00062,170,000
Equity capital28,099,00030,283,00030,810,00031,374,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2020Q12020Q22020Q32020Q4
Interest income2,810,0005,880,0008,554,00011,131,000
Interest expense383,000711,0001,026,0001,316,000
Net interest income2,427,0005,169,0007,528,0009,815,000
Noninterest income162,000300,000472,000639,000
Noninterest expense1,459,0002,928,0004,493,0006,017,000
Provision for loan losses20,00060,00060,0000
Pretax income1,113,0002,476,0003,442,0004,442,000
Income tax0000
Net income1,113,0002,476,0003,442,0004,442,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2020Q12020Q22020Q32020Q4
Tier 1 capital27,235,00028,024,00028,401,00028,913,000
Total capital29,867,00030,565,000
Risk-weighted assets209,597,000202,150,000