Call reports 2008
UNITED BANK & TRUST CO. — 2008
What UNITED BANK & TRUST CO. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 111,400,000 | 104,517,000 | 100,690,000 | 99,441,000 |
| Total loans | 65,509,000 | 65,223,000 | 62,032,000 | 60,598,000 |
| Allowance for loan losses | 967,000 | 990,000 | 1,031,000 | 1,028,000 |
| Securities available for sale | 36,135,000 | 33,768,000 | 31,059,000 | 32,648,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,168,000 | 78,822,000 | 79,448,000 | 74,044,000 |
| Interest-bearing deposits | 86,530,000 | 74,513,000 | 75,345,000 | 69,578,000 |
| Noninterest-bearing deposits | 3,638,000 | 4,309,000 | 4,103,000 | 4,467,000 |
| Equity capital | 8,979,000 | 8,727,000 | 8,310,000 | 8,800,000 |
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 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,468,000 | 2,881,000 | 4,280,000 | 5,571,000 |
| Interest expense | 931,000 | 1,694,000 | 2,369,000 | 2,950,000 |
| Net interest income | 537,000 | 1,187,000 | 1,911,000 | 2,621,000 |
| Noninterest income | 139,000 | 272,000 | 438,000 | 514,000 |
| Noninterest expense | 529,000 | 1,073,000 | 1,623,000 | 2,111,000 |
| Provision for loan losses | 43,000 | 88,000 | 133,000 | 133,000 |
| Pretax income | 104,000 | 186,000 | -431,000 | -324,000 |
| Income tax | 11,000 | 13,000 | -263,000 | -237,000 |
| Net income | 93,000 | 173,000 | -168,000 | -87,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,703,000 | 8,869,000 | 8,527,000 | 8,609,000 |
| Total capital | 9,570,000 | 9,721,000 | 9,343,000 | 8,797,000 |
| Risk-weighted assets | 69,219,000 | 67,961,000 | 65,092,000 | 62,713,000 |