Call reports 2003
FIRST UNITED BANK, NATIONAL ASSOCIATION — 2003
What FIRST UNITED BANK, NATIONAL ASSOCIATION 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 | 135,104,000 | 144,293,000 | 149,878,000 | 155,457,000 |
| Total loans | 105,646,000 | 114,928,000 | 119,045,000 | 125,474,000 |
| Allowance for loan losses | 1,006,000 | 1,009,000 | 1,106,000 | 1,233,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 219,000 | 219,000 | 218,000 | 218,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,807,000 | 120,817,000 | 132,014,000 | 135,406,000 |
| Interest-bearing deposits | 81,819,000 | 85,322,000 | 91,444,000 | 99,280,000 |
| Noninterest-bearing deposits | 35,988,000 | 35,495,000 | 40,570,000 | 36,126,000 |
| Equity capital | 16,591,000 | 16,868,000 | 17,265,000 | 17,623,000 |
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 | 2,206,000 | 4,720,000 | 7,228,000 | 9,904,000 |
| Interest expense | 352,000 | 727,000 | 1,129,000 | 1,548,000 |
| Net interest income | 1,854,000 | 3,993,000 | 6,099,000 | 8,356,000 |
| Noninterest income | 262,000 | 534,000 | 829,000 | 1,122,000 |
| Noninterest expense | 1,474,000 | 3,271,000 | 4,960,000 | 6,812,000 |
| Provision for loan losses | 5,000 | 20,000 | 125,000 | 255,000 |
| Pretax income | 637,000 | 1,236,000 | 1,843,000 | 2,411,000 |
| Income tax | 236,000 | 458,000 | 683,000 | 893,000 |
| Net income | 401,000 | 778,000 | 1,175,000 | 1,533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,591,000 | 16,868,000 | 17,265,000 | 17,623,000 |
| Total capital | 17,597,000 | 17,877,000 | 18,371,000 | 18,856,000 |
| Risk-weighted assets | 129,550,000 | 139,692,000 | 144,976,000 | 144,615,000 |