Call reports 2008
UNITED BANK & TRUST COMPANY — 2008
What UNITED BANK & TRUST COMPANY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Total assets | 110,957,000 | 102,612,000 |
| Total loans | 85,928,000 | 78,117,000 |
| Allowance for loan losses | 2,550,000 | 7,900,000 |
| Securities available for sale | 11,061,000 | 8,414,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 1,000,000 |
| Total deposits | 94,766,000 | 79,396,000 |
| Interest-bearing deposits | 86,357,000 | 67,956,000 |
| Noninterest-bearing deposits | 8,409,000 | 11,440,000 |
| Equity capital | 8,364,000 | 17,754,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Interest income | 1,564,000 | 645,000 |
| Interest expense | 1,016,000 | 421,000 |
| Net interest income | 548,000 | 224,000 |
| Noninterest income | 140,000 | 24,000 |
| Noninterest expense | 745,000 | 453,000 |
| Provision for loan losses | 1,021,000 | -29,000 |
| Pretax income | -1,068,000 | -176,000 |
| Income tax | -420,000 | -56,000 |
| Net income | -648,000 | -120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Tier 1 capital | 8,282,000 | 9,391,000 |
| Total capital | 9,403,000 | 10,456,000 |
| Risk-weighted assets | 88,280,000 | 78,366,000 |