Call reports 2020
UNITED BANK & TRUST CO. — 2020
What UNITED BANK & TRUST CO. 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 | 102,035,000 | 119,891,000 | 111,474,000 | 117,552,000 |
| Total loans | 59,305,000 | 63,347,000 | 60,784,000 | 57,325,000 |
| Allowance for loan losses | 831,000 | 858,000 | 859,000 | 1,018,000 |
| Securities available for sale | 34,217,000 | 34,550,000 | 33,825,000 | 34,179,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,209,000 | 104,790,000 | 96,054,000 | 102,576,000 |
| Interest-bearing deposits | 74,180,000 | 75,010,000 | 75,710,000 | 82,081,000 |
| Noninterest-bearing deposits | 13,030,000 | 29,780,000 | 20,343,000 | 20,495,000 |
| Equity capital | 10,198,000 | 10,994,000 | 11,256,000 | 11,358,000 |
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 | 890,000 | 1,819,000 | 2,732,000 | 3,656,000 |
| Interest expense | 158,000 | 287,000 | 416,000 | 537,000 |
| Net interest income | 732,000 | 1,532,000 | 2,316,000 | 3,119,000 |
| Noninterest income | 130,000 | 454,000 | 790,000 | 1,145,000 |
| Noninterest expense | 579,000 | 1,244,000 | 1,879,000 | 2,572,000 |
| Provision for loan losses | 31,000 | 56,000 | 56,000 | 214,000 |
| Pretax income | 252,000 | 686,000 | 1,171,000 | 1,478,000 |
| Income tax | 48,000 | 138,000 | 240,000 | 295,000 |
| Net income | 204,000 | 548,000 | 931,000 | 1,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,009,000 | 10,204,000 | 10,436,000 | 10,539,000 |