Call reports 2002
FIRST UNITED BANK, NATIONAL ASSOCIATION — 2002
What FIRST UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 72,640,000 | 79,229,000 | 84,106,000 | 76,549,000 |
| Total loans | 60,781,000 | 59,952,000 | 61,197,000 | 59,607,000 |
| Allowance for loan losses | 743,000 | 752,000 | 770,000 | 735,000 |
| Securities available for sale | 4,477,000 | 9,659,000 | 8,272,000 | 6,994,000 |
| Securities held to maturity | 705,000 | 705,000 | 410,000 | 410,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,006,000 | 71,660,000 | 72,391,000 | 64,814,000 |
| Interest-bearing deposits | 58,081,000 | 65,948,000 | 66,392,000 | 58,981,000 |
| Noninterest-bearing deposits | 5,924,000 | 5,712,000 | 5,999,000 | 5,834,000 |
| Equity capital | 8,230,000 | 7,324,000 | 7,406,000 | 7,491,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,353,000 | 2,703,000 | 4,063,000 | 5,369,000 |
| Interest expense | 416,000 | 830,000 | 1,245,000 | 1,638,000 |
| Net interest income | 937,000 | 1,873,000 | 2,818,000 | 3,731,000 |
| Noninterest income | 108,000 | 208,000 | 319,000 | 423,000 |
| Noninterest expense | 513,000 | 993,000 | 1,486,000 | 1,950,000 |
| Provision for loan losses | 90,000 | 150,000 | 195,000 | 240,000 |
| Pretax income | 447,000 | 943,000 | 1,465,000 | 1,973,000 |
| Income tax | 172,000 | 354,000 | 557,000 | 748,000 |
| Net income | 275,000 | 589,000 | 908,000 | 1,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,552,000 | 6,664,000 | 6,695,000 | 6,713,000 |
| Total capital | 8,272,000 | 7,386,000 | 7,447,000 | 7,429,000 |
| Risk-weighted assets | 57,573,000 | 57,738,000 | 60,106,000 | 57,259,000 |