Call reports 2007
FIRST UNITED BANK, NATIONAL ASSOCIATION — 2007
What FIRST UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Total assets | 172,294,000 | 189,580,000 |
| Total loans | 112,324,000 | 92,373,000 |
| Allowance for loan losses | 4,202,000 | 0 |
| Securities available for sale | 0 | 203,000 |
| Securities held to maturity | 687,000 | 700,000 |
| Trading assets | 0 | 0 |
| Total deposits | 148,500,000 | 137,352,000 |
| Interest-bearing deposits | 112,262,000 | 130,408,000 |
| Noninterest-bearing deposits | 36,238,000 | 6,944,000 |
| Equity capital | 20,188,000 | 41,979,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Interest income | 3,472,000 | 340,000 |
| Interest expense | 1,028,000 | 116,000 |
| Net interest income | 2,444,000 | 224,000 |
| Noninterest income | 589,000 | 45,000 |
| Noninterest expense | 2,378,000 | 332,000 |
| Provision for loan losses | 346,000 | 0 |
| Pretax income | 309,000 | -63,000 |
| Income tax | 114,000 | -22,000 |
| Net income | 195,000 | -41,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Tier 1 capital | 20,188,000 | 22,473,000 |
| Total capital | 22,024,000 | 22,473,000 |
| Risk-weighted assets | 144,235,000 | 135,843,000 |