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 | 2,142,473,000 | 2,151,591,000 | 2,161,162,000 | 2,134,481,000 |
| Total loans | 1,356,473,000 | 1,386,616,000 | 1,383,738,000 | 1,386,331,000 |
| Allowance for loan losses | 18,777,000 | 18,954,000 | 19,137,000 | 19,165,000 |
| Securities available for sale | 602,160,000 | 580,861,000 | 580,453,000 | 546,012,000 |
| Securities held to maturity | 77,237,000 | 74,029,000 | 71,025,000 | 68,080,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,815,054,000 | 1,733,902,000 | 1,762,097,000 | 1,804,944,000 |
| Interest-bearing deposits | 1,285,802,000 | 1,215,130,000 | 1,236,398,000 | 1,278,587,000 |
| Noninterest-bearing deposits | 529,252,000 | 518,772,000 | 525,699,000 | 526,357,000 |
| Equity capital | 180,551,000 | 186,038,000 | 202,845,000 | 199,849,000 |
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 | 28,648,000 | 58,454,000 | 88,495,000 | 118,087,000 |
| Interest expense | 12,723,000 | 25,753,000 | 38,867,000 | 51,009,000 |
| Net interest income | 15,925,000 | 32,701,000 | 49,628,000 | 67,078,000 |
| Noninterest income | 2,879,000 | 5,701,000 | 8,945,000 | 11,719,000 |
| Noninterest expense | 10,986,000 | 21,946,000 | 33,205,000 | 45,367,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 1,500,000 |
| Pretax income | 7,593,000 | 16,006,000 | 24,693,000 | 31,930,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 7,593,000 | 16,006,000 | 24,693,000 | 31,930,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 248,330,000 | 249,553,000 | 252,904,000 | 259,870,000 |
| Total capital | 267,937,000 | 269,337,000 | 272,851,000 | 279,865,000 |
| Risk-weighted assets | 1,603,469,000 | 1,609,546,000 | 1,595,787,000 | 1,609,445,000 |