Call reports 2003
UNITED BANK & TRUST CO. — 2003
What UNITED BANK & TRUST CO. reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 52,667,000 | 59,291,000 | 68,639,000 | 68,916,000 |
| Total loans | 25,273,000 | 30,837,000 | 34,965,000 | 37,811,000 |
| Allowance for loan losses | 326,000 | 380,000 | 440,000 | 480,000 |
| Securities available for sale | 7,608,000 | 15,450,000 | 22,872,000 | 27,634,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,578,000 | 53,322,000 | 61,963,000 | 61,860,000 |
| Interest-bearing deposits | 45,064,000 | 50,743,000 | 59,469,000 | 59,554,000 |
| Noninterest-bearing deposits | 1,514,000 | 2,579,000 | 2,494,000 | 2,306,000 |
| Equity capital | 4,267,000 | 4,167,000 | 4,799,000 | 4,959,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 380,000 | 893,000 | 1,515,000 | 2,229,000 |
| Interest expense | 298,000 | 690,000 | 1,082,000 | 1,488,000 |
| Net interest income | 82,000 | 203,000 | 433,000 | 741,000 |
| Noninterest income | 21,000 | 42,000 | 81,000 | 127,000 |
| Noninterest expense | 327,000 | 706,000 | 1,069,000 | 1,421,000 |
| Provision for loan losses | 160,000 | 214,000 | 274,000 | 314,000 |
| Pretax income | -384,000 | -675,000 | -829,000 | -860,000 |
| Income tax | -134,000 | -237,000 | -289,000 | -395,000 |
| Net income | -250,000 | -438,000 | -540,000 | -465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,226,000 | 4,037,000 | 4,936,000 | 5,011,000 |
| Total capital | 4,552,000 | 4,417,000 | 5,376,000 | 5,491,000 |
| Risk-weighted assets | 29,436,000 | 35,495,000 | 43,285,000 | 45,659,000 |