Call reports 2006
FIRST UNITED BANK, NATIONAL ASSOCIATION — 2006
What FIRST UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 176,283,000 | 178,657,000 | 179,277,000 | 178,336,000 |
| Total loans | 135,789,000 | 146,903,000 | 149,314,000 | 136,452,000 |
| Allowance for loan losses | 1,744,000 | 1,743,000 | 1,638,000 | 3,864,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 228,000 | 1,232,000 | 687,000 | 696,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,209,000 | 153,900,000 | 143,358,000 | 154,975,000 |
| Interest-bearing deposits | 99,913,000 | 110,787,000 | 107,445,000 | 116,893,000 |
| Noninterest-bearing deposits | 51,296,000 | 43,113,000 | 35,913,000 | 38,082,000 |
| Equity capital | 21,312,000 | 21,398,000 | 21,706,000 | 19,993,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,352,000 | 6,780,000 | 10,195,000 | 13,850,000 |
| Interest expense | 782,000 | 1,677,000 | 2,735,000 | 3,795,000 |
| Net interest income | 2,570,000 | 5,103,000 | 7,460,000 | 10,055,000 |
| Noninterest income | 400,000 | 895,000 | 1,320,000 | 2,207,000 |
| Noninterest expense | 2,212,000 | 4,509,000 | 6,798,000 | 10,785,000 |
| Provision for loan losses | 154,000 | 154,000 | 158,000 | 2,386,000 |
| Pretax income | 604,000 | 1,335,000 | 1,824,000 | -909,000 |
| Income tax | 320,000 | 494,000 | 676,000 | -336,000 |
| Net income | 284,000 | 841,000 | 1,148,000 | -573,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,312,000 | 21,398,000 | 21,706,000 | 19,993,000 |
| Total capital | 23,176,000 | 23,261,000 | 23,434,000 | 22,064,000 |
| Risk-weighted assets | 160,343,000 | 171,983,000 | 173,809,000 | 163,650,000 |