Call reports 2004
FIRST UNITED BANK AND TRUST COMPANY, INC. — 2004
What FIRST UNITED BANK AND TRUST COMPANY, INC. reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 107,624,000 | 115,201,000 | 131,177,000 | 128,594,000 |
| Total loans | 85,968,000 | 89,203,000 | 96,144,000 | 99,759,000 |
| Allowance for loan losses | 1,513,000 | 1,642,000 | 1,642,000 | 1,708,000 |
| Securities available for sale | 14,279,000 | 15,024,000 | 23,508,000 | 21,146,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,589,000 | 93,603,000 | 103,022,000 | 105,283,000 |
| Interest-bearing deposits | 78,929,000 | 82,442,000 | 90,337,000 | 92,207,000 |
| Noninterest-bearing deposits | 10,660,000 | 11,160,000 | 12,686,000 | 13,076,000 |
| Equity capital | 7,615,000 | 8,601,000 | 9,108,000 | 11,299,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,531,000 | 3,124,000 | 4,915,000 | 6,748,000 |
| Interest expense | 442,000 | 928,000 | 1,572,000 | 2,238,000 |
| Net interest income | 1,089,000 | 2,196,000 | 3,343,000 | 4,510,000 |
| Noninterest income | 264,000 | 525,000 | 797,000 | 1,068,000 |
| Noninterest expense | 834,000 | 1,680,000 | 2,571,000 | 3,482,000 |
| Provision for loan losses | 137,000 | 273,000 | 411,000 | 549,000 |
| Pretax income | 382,000 | 768,000 | 1,174,000 | 1,563,000 |
| Income tax | 130,000 | 261,000 | 398,000 | 494,000 |
| Net income | 252,000 | 507,000 | 776,000 | 1,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,518,000 | 8,773,000 | 9,042,000 | 11,270,000 |
| Total capital | 8,443,000 | 9,755,000 | 10,126,000 | 12,395,000 |
| Risk-weighted assets | 73,436,000 | 77,934,000 | 86,200,000 | 89,435,000 |