Call reports 2020
FIRST UNITED BANK & TRUST — 2020
What FIRST UNITED BANK & TRUST reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,444,728,000 | 1,625,043,000 | 1,669,768,000 | 1,718,792,000 |
| Total loans | 1,053,732,000 | 1,193,223,000 | 1,197,556,000 | 1,171,357,000 |
| Allowance for loan losses | 15,012,000 | 17,014,000 | 16,189,000 | 16,486,000 |
| Securities available for sale | 119,440,000 | 135,207,000 | 141,430,000 | 214,687,000 |
| Securities held to maturity | 91,398,000 | 73,975,000 | 69,221,000 | 68,262,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,175,575,000 | 1,354,840,000 | 1,378,787,000 | 1,424,243,000 |
| Interest-bearing deposits | 875,614,000 | 929,566,000 | 958,852,000 | 1,003,816,000 |
| Noninterest-bearing deposits | 299,961,000 | 425,274,000 | 419,935,000 | 420,427,000 |
| Equity capital | 137,336,000 | 143,014,000 | 148,048,000 | 150,896,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 14,414,000 | 29,371,000 | 43,494,000 | 57,598,000 |
| Interest expense | 2,379,000 | 4,492,000 | 6,510,000 | 8,306,000 |
| Net interest income | 12,035,000 | 24,879,000 | 36,984,000 | 49,292,000 |
| Noninterest income | 4,069,000 | 8,205,000 | 12,845,000 | 18,195,000 |
| Noninterest expense | 10,980,000 | 22,401,000 | 32,928,000 | 40,536,000 |
| Provision for loan losses | 2,654,000 | 4,821,000 | 4,981,000 | 5,401,000 |
| Pretax income | 2,470,000 | 5,969,000 | 12,602,000 | 22,085,000 |
| Income tax | 532,000 | 1,326,000 | 2,791,000 | 4,929,000 |
| Net income | 1,938,000 | 4,643,000 | 9,811,000 | 17,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 155,810,000 | 156,980,000 | 160,990,000 | 167,275,000 |
| Total capital | 169,698,000 | 171,188,000 | 175,277,000 | 181,976,000 |
| Risk-weighted assets | 1,109,828,000 | 1,133,784,000 | 1,140,979,000 | 1,174,234,000 |