Call reports 2024
FIRST UNITED BANK AND TRUST COMPANY — 2024
What FIRST UNITED BANK AND TRUST COMPANY reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 16,355,188,000 | 16,427,528,000 | 16,447,976,000 | 16,259,998,000 |
| Total loans | 12,652,446,000 | 12,719,642,000 | 12,798,181,000 | 12,577,734,000 |
| Allowance for loan losses | 138,587,000 | 136,632,000 | 139,436,000 | 137,614,000 |
| Securities available for sale | 1,623,496,000 | 1,638,155,000 | 1,673,958,000 | 1,749,376,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,812,005,000 | 12,125,998,000 | 12,379,707,000 | 12,505,436,000 |
| Interest-bearing deposits | 10,061,343,000 | 9,336,489,000 | 9,486,746,000 | 9,671,480,000 |
| Noninterest-bearing deposits | 2,750,662,000 | 2,789,509,000 | 2,892,961,000 | 2,833,956,000 |
| Equity capital | 1,378,140,000 | 1,379,837,000 | 1,390,465,000 | 1,426,517,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 225,524,000 | 458,333,000 | 702,502,000 | 935,973,000 |
| Interest expense | 109,350,000 | 221,078,000 | 335,389,000 | 438,734,000 |
| Net interest income | 116,174,000 | 237,255,000 | 367,113,000 | 497,239,000 |
| Noninterest income | 29,860,000 | 62,483,000 | 90,492,000 | 119,414,000 |
| Noninterest expense | 113,746,000 | 232,879,000 | 343,802,000 | 440,629,000 |
| Provision for loan losses | 4,392,000 | 3,928,000 | 7,453,000 | 8,105,000 |
| Pretax income | 27,929,000 | 57,908,000 | 100,507,000 | 155,360,000 |
| Income tax | 4,859,000 | 9,396,000 | 17,371,000 | 26,912,000 |
| Net income | 23,070,000 | 48,512,000 | 83,141,000 | 128,711,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,363,812,000 | 1,369,587,000 | 1,392,455,000 | 1,424,008,000 |
| Total capital | 1,504,754,000 | 1,513,523,000 | 1,540,112,000 | 1,572,565,000 |
| Risk-weighted assets | 12,545,242,000 | 12,557,060,000 | 12,625,542,000 | 12,451,074,000 |