Call reports 2002
UNITED BANK & TRUST CO. — 2002
What UNITED BANK & TRUST CO. reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Total assets | 5,084,000 | 17,328,000 | 30,623,000 |
| Total loans | 0 | 3,806,000 | 15,613,000 |
| Allowance for loan losses | 0 | 51,000 | 166,000 |
| Securities available for sale | 0 | 2,553,000 | 3,596,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 176,000 | 12,521,000 | 24,863,000 |
| Interest-bearing deposits | 156,000 | 11,861,000 | 23,369,000 |
| Noninterest-bearing deposits | 20,000 | 660,000 | 1,494,000 |
| Equity capital | 4,908,000 | 4,743,000 | 4,520,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Interest income | 5,000 | 80,000 | 288,000 |
| Interest expense | 0 | 60,000 | 236,000 |
| Net interest income | 5,000 | 20,000 | 52,000 |
| Noninterest income | 0 | 0 | 19,000 |
| Noninterest expense | 134,000 | 387,000 | 711,000 |
| Provision for loan losses | 0 | 51,000 | 166,000 |
| Pretax income | -129,000 | -418,000 | -806,000 |
| Income tax | -37,000 | -147,000 | -282,000 |
| Net income | -92,000 | -271,000 | -524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|
| Tier 1 capital | 4,908,000 | 4,729,000 | 4,476,000 |
| Total capital | 4,908,000 | 4,780,000 | 4,642,000 |
| Risk-weighted assets | 1,467,000 | 6,333,000 | 17,707,000 |