Call reports 2008
FIRST UNITED BANK AND TRUST COMPANY — 2008
What FIRST UNITED BANK AND TRUST COMPANY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,853,443,000 | 1,927,125,000 | 1,940,627,000 | 2,039,978,000 |
| Total loans | 1,393,108,000 | 1,458,444,000 | 1,495,296,000 | 1,499,888,000 |
| Allowance for loan losses | 17,005,000 | 17,456,000 | 17,385,000 | 17,483,000 |
| Securities available for sale | 286,797,000 | 245,659,000 | 255,329,000 | 251,609,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,468,396,000 | 1,576,115,000 | 1,592,640,000 | 1,704,276,000 |
| Interest-bearing deposits | 1,243,537,000 | 1,337,798,000 | 1,346,832,000 | 1,469,704,000 |
| Noninterest-bearing deposits | 224,859,000 | 238,317,000 | 245,808,000 | 234,572,000 |
| Equity capital | 194,683,000 | 183,678,000 | 186,662,000 | 195,671,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 30,315,000 | 59,136,000 | 88,165,000 | 116,608,000 |
| Interest expense | 11,121,000 | 21,284,000 | 31,361,000 | 40,106,000 |
| Net interest income | 19,194,000 | 37,852,000 | 56,804,000 | 76,502,000 |
| Noninterest income | 6,215,000 | 11,849,000 | 17,446,000 | 23,372,000 |
| Noninterest expense | 13,893,000 | 28,607,000 | 44,075,000 | 59,276,000 |
| Provision for loan losses | 900,000 | 2,000,000 | 3,550,000 | 7,700,000 |
| Pretax income | 10,616,000 | 19,094,000 | 26,625,000 | 32,898,000 |
| Income tax | 60,000 | 120,000 | 180,000 | 80,000 |
| Net income | 10,556,000 | 18,974,000 | 26,445,000 | 32,818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 162,525,000 | 157,421,000 | 159,803,000 | 166,279,000 |
| Total capital | 179,936,000 | 175,170,000 | 177,208,000 | 183,768,000 |
| Risk-weighted assets | 1,590,253,000 | 1,658,221,000 | 1,663,669,000 | 1,724,356,000 |