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 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 231,349,000 | 222,832,000 | 210,438,000 | 785,640,000 |
| Total loans | 130,454,000 | 132,432,000 | 133,346,000 | 479,676,000 |
| Allowance for loan losses | 1,511,000 | 1,591,000 | 1,714,000 | 6,164,000 |
| Securities available for sale | 67,547,000 | 64,858,000 | 61,706,000 | 188,460,000 |
| Securities held to maturity | 370,000 | 370,000 | 370,000 | 370,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,894,000 | 165,057,000 | 153,564,000 | 560,564,000 |
| Interest-bearing deposits | 150,978,000 | 145,031,000 | 132,646,000 | 492,225,000 |
| Noninterest-bearing deposits | 19,916,000 | 20,026,000 | 20,918,000 | 68,339,000 |
| Equity capital | 13,436,000 | 12,880,000 | 11,815,000 | 70,025,000 |
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 | 3,447,000 | 6,774,000 | 9,853,000 | 43,047,000 |
| Interest expense | 1,711,000 | 3,289,000 | 4,775,000 | 20,818,000 |
| Net interest income | 1,736,000 | 3,485,000 | 5,078,000 | 22,229,000 |
| Noninterest income | 326,000 | 665,000 | 1,026,000 | 4,693,000 |
| Noninterest expense | 1,135,000 | 2,280,000 | 3,483,000 | 20,196,000 |
| Provision for loan losses | 66,000 | 463,000 | 661,000 | 1,871,000 |
| Pretax income | 861,000 | 1,407,000 | 172,000 | -1,029,000 |
| Income tax | 253,000 | 436,000 | 9,000 | -746,000 |
| Net income | 608,000 | 971,000 | 163,000 | -283,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,193,000 | 13,586,000 | 12,868,000 | 47,910,000 |
| Total capital | 14,704,000 | 15,177,000 | 14,582,000 | 54,074,000 |
| Risk-weighted assets | 141,266,000 | 142,748,000 | 136,664,000 | 495,834,000 |