Call reports 2002
FIRST UNITED BANK AND TRUST COMPANY, INC. — 2002
What FIRST UNITED BANK AND TRUST COMPANY, INC. 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 | 79,391,000 | 85,048,000 | 88,092,000 | 91,191,000 |
| Total loans | 68,216,000 | 71,101,000 | 73,281,000 | 74,716,000 |
| Allowance for loan losses | 780,000 | 846,000 | 947,000 | 996,000 |
| Securities available for sale | 4,541,000 | 5,609,000 | 7,905,000 | 7,654,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,290,000 | 74,102,000 | 75,586,000 | 77,204,000 |
| Interest-bearing deposits | 62,759,000 | 67,015,000 | 67,777,000 | 68,105,000 |
| Noninterest-bearing deposits | 7,531,000 | 7,088,000 | 7,810,000 | 9,099,000 |
| Equity capital | 6,059,000 | 6,222,000 | 6,395,000 | 6,540,000 |
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 | 1,399,000 | 2,816,000 | 4,294,000 | 5,788,000 |
| Interest expense | 633,000 | 1,251,000 | 1,859,000 | 2,417,000 |
| Net interest income | 766,000 | 1,565,000 | 2,435,000 | 3,371,000 |
| Noninterest income | 156,000 | 341,000 | 556,000 | 777,000 |
| Noninterest expense | 693,000 | 1,400,000 | 2,145,000 | 2,917,000 |
| Provision for loan losses | 90,000 | 181,000 | 288,000 | 426,000 |
| Pretax income | 139,000 | 325,000 | 558,000 | 805,000 |
| Income tax | 47,000 | 110,000 | 190,000 | 268,000 |
| Net income | 92,000 | 215,000 | 368,000 | 537,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,060,000 | 6,182,000 | 6,323,000 | 6,468,000 |
| Total capital | 6,684,000 | 6,848,000 | 7,028,000 | 7,210,000 |
| Risk-weighted assets | 49,794,000 | 53,111,000 | 56,147,000 | 59,120,000 |