Call reports 2004
FIRST UNITED BANK, NATIONAL ASSOCIATION — 2004
What FIRST UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 162,177,000 | 165,811,000 | 169,779,000 | 159,779,000 |
| Total loans | 134,828,000 | 139,696,000 | 142,146,000 | 133,750,000 |
| Allowance for loan losses | 1,315,000 | 1,400,000 | 1,417,000 | 1,439,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 217,000 | 213,000 | 212,000 | 213,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,244,000 | 139,153,000 | 141,081,000 | 134,439,000 |
| Interest-bearing deposits | 99,544,000 | 101,742,000 | 101,001,000 | 98,207,000 |
| Noninterest-bearing deposits | 37,700,000 | 37,411,000 | 40,080,000 | 36,232,000 |
| Equity capital | 17,879,000 | 18,266,000 | 18,646,000 | 19,030,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,836,000 | 5,678,000 | 8,507,000 | 11,559,000 |
| Interest expense | 423,000 | 855,000 | 1,319,000 | 1,805,000 |
| Net interest income | 2,413,000 | 4,823,000 | 7,188,000 | 9,754,000 |
| Noninterest income | -136,000 | 131,000 | 488,000 | 872,000 |
| Noninterest expense | 1,785,000 | 3,604,000 | 5,384,000 | 7,229,000 |
| Provision for loan losses | 86,000 | 170,000 | 191,000 | 214,000 |
| Pretax income | 406,000 | 1,180,000 | 2,101,000 | 3,183,000 |
| Income tax | 150,000 | 437,000 | 778,000 | 1,170,000 |
| Net income | 256,000 | 743,000 | 1,323,000 | 1,990,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,879,000 | 18,266,000 | 18,646,000 | 19,030,000 |
| Total capital | 19,194,000 | 19,666,000 | 20,063,000 | 20,469,000 |
| Risk-weighted assets | 153,043,000 | 159,837,000 | 162,161,000 | 161,757,000 |