Call reports 2003
FIRST UNITED BANK, NATIONAL ASSOCIATION — 2003
What FIRST UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 80,904,000 | 81,687,000 | 83,287,000 | 84,598,000 |
| Total loans | 57,783,000 | 60,463,000 | 60,759,000 | 60,166,000 |
| Allowance for loan losses | 770,000 | 733,000 | 695,000 | 694,000 |
| Securities available for sale | 12,268,000 | 15,579,000 | 13,874,000 | 13,294,000 |
| Securities held to maturity | 345,000 | 345,000 | 255,000 | 255,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,123,000 | 70,000,000 | 72,634,000 | 73,700,000 |
| Interest-bearing deposits | 63,063,000 | 64,352,000 | 66,429,000 | 66,777,000 |
| Noninterest-bearing deposits | 6,059,000 | 5,648,000 | 6,205,000 | 6,923,000 |
| Equity capital | 7,450,000 | 6,307,000 | 6,378,000 | 6,602,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,227,000 | 2,446,000 | 3,666,000 | 4,868,000 |
| Interest expense | 329,000 | 639,000 | 930,000 | 1,219,000 |
| Net interest income | 898,000 | 1,807,000 | 2,736,000 | 3,649,000 |
| Noninterest income | 114,000 | 226,000 | 368,000 | 492,000 |
| Noninterest expense | 590,000 | 1,162,000 | 1,755,000 | 2,341,000 |
| Provision for loan losses | 45,000 | 45,000 | 55,000 | 195,000 |
| Pretax income | 377,000 | 826,000 | 1,294,000 | 1,605,000 |
| Income tax | 135,000 | 297,000 | 460,000 | 563,000 |
| Net income | 242,000 | 529,000 | 834,000 | 1,042,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,705,000 | 5,472,000 | 5,776,000 | 5,985,000 |
| Total capital | 7,408,000 | 6,205,000 | 6,471,000 | 6,679,000 |
| Risk-weighted assets | 56,156,000 | 59,389,000 | 60,311,000 | 61,021,000 |