Call reports 2002
FIRST UNITED BANK, NATIONAL ASSOCIATION — 2002
What FIRST UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 122,964,000 | 121,656,000 | 120,805,000 | 125,986,000 |
| Total loans | 91,619,000 | 85,606,000 | 89,272,000 | 98,776,000 |
| Allowance for loan losses | 1,003,000 | 1,002,000 | 1,002,000 | 1,001,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 212,000 | 213,000 | 211,000 | 211,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,684,000 | 105,600,000 | 104,446,000 | 103,153,000 |
| Interest-bearing deposits | 70,396,000 | 69,106,000 | 66,400,000 | 66,843,000 |
| Noninterest-bearing deposits | 36,288,000 | 36,494,000 | 38,046,000 | 36,310,000 |
| Equity capital | 15,714,000 | 15,697,000 | 16,009,000 | 16,490,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,940,000 | 3,724,000 | 5,634,000 | 7,724,000 |
| Interest expense | 377,000 | 723,000 | 1,032,000 | 1,328,000 |
| Net interest income | 1,563,000 | 3,001,000 | 4,602,000 | 6,396,000 |
| Noninterest income | 256,000 | 534,000 | 820,000 | 1,098,000 |
| Noninterest expense | 1,279,000 | 2,626,000 | 4,019,000 | 5,402,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 540,000 | 909,000 | 1,403,000 | 2,092,000 |
| Income tax | 201,000 | 337,000 | 519,000 | 777,000 |
| Net income | 339,000 | 572,000 | 884,000 | 1,515,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,714,000 | 15,697,000 | 16,009,000 | 16,490,000 |
| Total capital | 16,717,000 | 16,699,000 | 17,011,000 | 17,491,000 |
| Risk-weighted assets | 107,427,000 | 112,631,000 | 110,653,000 | 120,368,000 |