Call reports 2003
FIRST UNITED BANK AND TRUST COMPANY, INC. — 2003
What FIRST UNITED BANK AND TRUST COMPANY, INC. 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 | 94,802,000 | 93,415,000 | 98,900,000 | 102,119,000 |
| Total loans | 74,789,000 | 77,092,000 | 81,639,000 | 83,364,000 |
| Allowance for loan losses | 1,149,000 | 1,271,000 | 1,304,000 | 1,409,000 |
| Securities available for sale | 7,818,000 | 7,542,000 | 9,901,000 | 12,980,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,592,000 | 76,874,000 | 79,291,000 | 83,039,000 |
| Interest-bearing deposits | 71,181,000 | 66,953,000 | 68,723,000 | 71,488,000 |
| Noninterest-bearing deposits | 9,411,000 | 9,921,000 | 10,568,000 | 11,551,000 |
| Equity capital | 6,751,000 | 6,976,000 | 7,098,000 | 7,299,000 |
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 | 1,441,000 | 2,897,000 | 4,369,000 | 5,874,000 |
| Interest expense | 526,000 | 1,027,000 | 1,468,000 | 1,896,000 |
| Net interest income | 915,000 | 1,870,000 | 2,901,000 | 3,978,000 |
| Noninterest income | 315,000 | 614,000 | 844,000 | 1,090,000 |
| Noninterest expense | 771,000 | 1,559,000 | 2,352,000 | 3,177,000 |
| Provision for loan losses | 135,000 | 272,000 | 420,000 | 558,000 |
| Pretax income | 324,000 | 653,000 | 971,000 | 1,333,000 |
| Income tax | 110,000 | 222,000 | 329,000 | 437,000 |
| Net income | 214,000 | 431,000 | 642,000 | 896,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,682,000 | 6,899,000 | 7,111,000 | 7,266,000 |
| Total capital | 7,447,000 | 7,682,000 | 7,962,000 | 8,152,000 |
| Risk-weighted assets | 60,812,000 | 62,122,000 | 67,661,000 | 70,395,000 |