Call reports 2020
FIRST UNITED BANK AND TRUST COMPANY — 2020
What FIRST UNITED BANK AND TRUST COMPANY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 8,135,924,000 | 9,879,738,000 | 10,300,902,000 | 10,499,021,000 |
| Total loans | 6,254,416,000 | 7,381,027,000 | 8,068,532,000 | 8,080,040,000 |
| Allowance for loan losses | 51,229,000 | 64,845,000 | 80,785,000 | 87,936,000 |
| Securities available for sale | 1,010,931,000 | 1,136,380,000 | 1,142,439,000 | 1,101,403,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,768,393,000 | 7,866,338,000 | 8,139,163,000 | 8,448,842,000 |
| Interest-bearing deposits | 5,179,392,000 | 5,720,819,000 | 5,881,672,000 | 6,073,722,000 |
| Noninterest-bearing deposits | 1,589,001,000 | 2,145,519,000 | 2,257,491,000 | 2,375,120,000 |
| Equity capital | 796,331,000 | 887,475,000 | 920,326,000 | 967,519,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 89,665,000 | 196,149,000 | 297,514,000 | 386,495,000 |
| Interest expense | 21,801,000 | 37,792,000 | 52,282,000 | 66,102,000 |
| Net interest income | 67,864,000 | 158,357,000 | 245,232,000 | 320,393,000 |
| Noninterest income | 47,901,000 | 99,854,000 | 168,262,000 | 233,799,000 |
| Noninterest expense | 85,788,000 | 176,703,000 | 281,211,000 | 366,233,000 |
| Provision for loan losses | 6,787,000 | 22,287,000 | 39,787,000 | 48,573,000 |
| Pretax income | 32,238,000 | 69,192,000 | 104,364,000 | 151,302,000 |
| Income tax | 6,620,000 | 14,293,000 | 21,452,000 | 30,453,000 |
| Net income | 25,618,000 | 54,899,000 | 82,912,000 | 120,849,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 724,391,000 | 795,899,000 | 826,222,000 | 866,468,000 |
| Total capital | 779,781,000 | 865,193,000 | 911,869,000 | 959,616,000 |
| Risk-weighted assets | 6,919,627,000 | 7,577,143,000 | 8,051,918,000 | 8,306,078,000 |