Call reports 2005
FIRST UNITED BANK, NATIONAL ASSOCIATION — 2005
What FIRST UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 87,101,000 | 91,167,000 | 91,821,000 | 93,962,000 |
| Total loans | 68,603,000 | 70,852,000 | 73,276,000 | 75,442,000 |
| Allowance for loan losses | 688,000 | 691,000 | 709,000 | 751,000 |
| Securities available for sale | 12,882,000 | 12,556,000 | 12,058,000 | 11,588,000 |
| Securities held to maturity | 0 | 0 | 600,000 | 600,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,618,000 | 79,054,000 | 73,640,000 | 76,989,000 |
| Interest-bearing deposits | 64,207,000 | 71,627,000 | 65,354,000 | 68,750,000 |
| Noninterest-bearing deposits | 6,410,000 | 7,427,000 | 8,285,000 | 8,239,000 |
| Equity capital | 7,448,000 | 7,393,000 | 7,683,000 | 7,626,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,266,000 | 2,566,000 | 3,944,000 | 5,323,000 |
| Interest expense | 290,000 | 618,000 | 1,013,000 | 1,450,000 |
| Net interest income | 976,000 | 1,948,000 | 2,931,000 | 3,873,000 |
| Noninterest income | 122,000 | 245,000 | 378,000 | 509,000 |
| Noninterest expense | 585,000 | 1,165,000 | 1,779,000 | 2,389,000 |
| Provision for loan losses | 165,000 | 416,000 | 461,000 | 698,000 |
| Pretax income | 348,000 | 612,000 | 1,069,000 | 1,295,000 |
| Income tax | 122,000 | 215,000 | 372,000 | 449,000 |
| Net income | 226,000 | 397,000 | 697,000 | 846,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,037,000 | 6,918,000 | 7,218,000 | 7,237,000 |
| Total capital | 7,725,000 | 7,609,000 | 7,927,000 | 7,988,000 |
| Risk-weighted assets | 66,594,000 | 68,660,000 | 70,534,000 | 72,008,000 |