Call reports 2024
FIRST UNITED BANK — 2024
What FIRST UNITED BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 693,097,000 | 697,450,000 | 735,673,000 | 735,632,000 |
| Total loans | 461,188,000 | 486,951,000 | 517,463,000 | 524,483,000 |
| Allowance for loan losses | 5,816,000 | 6,099,000 | 6,347,000 | 6,279,000 |
| Securities available for sale | 170,202,000 | 164,490,000 | 165,065,000 | 157,803,000 |
| Securities held to maturity | 1,394,000 | 1,387,000 | 1,240,000 | 450,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 580,255,000 | 562,639,000 | 606,313,000 | 620,138,000 |
| Interest-bearing deposits | 454,344,000 | 448,160,000 | 488,944,000 | 491,404,000 |
| Noninterest-bearing deposits | 125,911,000 | 114,479,000 | 117,369,000 | 128,734,000 |
| Equity capital | 60,949,000 | 61,848,000 | 67,369,000 | 65,396,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,222,000 | 16,760,000 | 25,988,000 | 35,315,000 |
| Interest expense | 2,905,000 | 6,046,000 | 9,965,000 | 13,689,000 |
| Net interest income | 5,317,000 | 10,714,000 | 16,023,000 | 21,626,000 |
| Noninterest income | 570,000 | 1,140,000 | 1,784,000 | 2,433,000 |
| Noninterest expense | 3,705,000 | 7,543,000 | 11,265,000 | 14,838,000 |
| Provision for loan losses | 175,000 | 450,000 | 700,000 | 900,000 |
| Pretax income | 1,981,000 | 3,827,000 | 5,768,000 | 8,165,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,981,000 | 3,827,000 | 5,768,000 | 8,165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,630,000 | 67,163,000 | 67,941,000 | 69,127,000 |