Call reports 2023
FIRST UNITED BANK AND TRUST COMPANY — 2023
What FIRST UNITED BANK AND TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 15,411,885,000 | 15,636,842,000 | 15,970,712,000 | 16,260,538,000 |
| Total loans | 11,857,484,000 | 12,110,849,000 | 12,349,619,000 | 12,554,694,000 |
| Allowance for loan losses | 118,786,000 | 124,729,000 | 130,102,000 | 134,227,000 |
| Securities available for sale | 1,509,847,000 | 1,551,336,000 | 1,518,590,000 | 1,614,348,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,324,724,000 | 12,589,372,000 | 12,635,554,000 | 12,786,169,000 |
| Interest-bearing deposits | 9,373,813,000 | 9,688,980,000 | 9,684,238,000 | 10,009,789,000 |
| Noninterest-bearing deposits | 2,950,911,000 | 2,900,392,000 | 2,951,316,000 | 2,776,380,000 |
| Equity capital | 1,311,441,000 | 1,348,614,000 | 1,339,868,000 | 1,348,961,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 178,543,000 | 377,417,000 | 590,001,000 | 810,348,000 |
| Interest expense | 68,531,000 | 152,389,000 | 247,282,000 | 350,508,000 |
| Net interest income | 110,012,000 | 225,028,000 | 342,719,000 | 459,840,000 |
| Noninterest income | 30,211,000 | 64,616,000 | 93,142,000 | 118,551,000 |
| Noninterest expense | 108,342,000 | 222,546,000 | 340,863,000 | 460,127,000 |
| Provision for loan losses | 6,170,000 | 12,475,000 | 18,713,000 | 24,860,000 |
| Pretax income | 25,484,000 | 54,430,000 | 76,137,000 | 89,670,000 |
| Income tax | 4,553,000 | 7,242,000 | 7,771,000 | 9,508,000 |
| Net income | 20,931,000 | 47,188,000 | 68,366,000 | 80,162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,307,974,000 | 1,330,075,000 | 1,348,281,000 | 1,342,409,000 |
| Total capital | 1,428,943,000 | 1,457,034,000 | 1,480,665,000 | 1,478,955,000 |
| Risk-weighted assets | 12,148,738,000 | 12,255,253,000 | 12,393,262,000 | 12,523,565,000 |