FACTANKER · measured, cited, anchored official records connected

Call reports 2023

FIRST UNITED BANK — 2023

What FIRST UNITED BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/37801489-e6d9-4ba2-a83f-af233be0dd2a/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets2,133,030,0002,185,300,0002,156,583,0002,195,446,000
Total loans1,242,242,0001,303,232,0001,344,715,0001,356,796,000
Allowance for loan losses17,828,00017,937,00018,073,00018,739,000
Securities available for sale667,132,000644,211,000609,453,000620,313,000
Securities held to maturity91,259,00087,629,00083,943,00080,411,000
Trading assets0000
Total deposits1,854,990,0001,781,611,0001,784,372,0001,818,051,000
Interest-bearing deposits1,280,971,0001,206,572,0001,247,932,0001,249,936,000
Noninterest-bearing deposits574,019,000575,039,000536,440,000568,115,000
Equity capital168,573,000164,321,000151,413,000177,220,000

Income

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

Measure2023Q12023Q22023Q32023Q4
Interest income23,721,00049,402,00077,174,000105,513,000
Interest expense8,639,00019,655,00031,859,00044,601,000
Net interest income15,082,00029,747,00045,315,00060,912,000
Noninterest income3,006,0006,361,0009,505,00012,629,000
Noninterest expense11,114,00021,817,00032,527,00043,286,000
Provision for loan losses150,000300,000450,0001,200,000
Pretax income6,824,00013,991,00021,843,00029,055,000
Income tax0000
Net income6,824,00013,991,00021,843,00029,055,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital234,978,000235,860,000239,025,000245,094,000
Total capital252,806,000253,797,000257,098,000264,663,000
Risk-weighted assets1,559,704,0001,592,022,0001,624,510,0001,600,049,000