Call reports 2007
FIRST UNITED BANK AND TRUST COMPANY, INC. — 2007
What FIRST UNITED BANK AND TRUST COMPANY, INC. reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 162,323,000 | 170,596,000 | 195,405,000 | 198,085,000 |
| Total loans | 119,051,000 | 124,363,000 | 126,785,000 | 127,894,000 |
| Allowance for loan losses | 2,028,000 | 2,121,000 | 2,229,000 | 2,194,000 |
| Securities available for sale | 31,360,000 | 37,245,000 | 59,490,000 | 63,938,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,318,000 | 122,399,000 | 123,740,000 | 127,109,000 |
| Interest-bearing deposits | 106,981,000 | 107,551,000 | 108,551,000 | 109,184,000 |
| Noninterest-bearing deposits | 15,337,000 | 14,847,000 | 15,189,000 | 17,925,000 |
| Equity capital | 13,098,000 | 13,041,000 | 13,945,000 | 14,692,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,521,000 | 5,278,000 | 8,373,000 | 11,624,000 |
| Interest expense | 1,227,000 | 2,593,000 | 4,223,000 | 5,881,000 |
| Net interest income | 1,294,000 | 2,685,000 | 4,150,000 | 5,743,000 |
| Noninterest income | 357,000 | 699,000 | 1,131,000 | 1,577,000 |
| Noninterest expense | 1,154,000 | 2,363,000 | 3,630,000 | 4,996,000 |
| Provision for loan losses | 90,000 | 181,000 | 273,000 | 319,000 |
| Pretax income | 407,000 | 840,000 | 1,378,000 | 2,006,000 |
| Income tax | 132,000 | 273,000 | 450,000 | 638,000 |
| Net income | 275,000 | 567,000 | 928,000 | 1,368,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,142,000 | 13,434,000 | 13,712,000 | 14,083,000 |
| Total capital | 14,491,000 | 14,862,000 | 15,196,000 | 15,404,000 |
| Risk-weighted assets | 107,267,000 | 113,520,000 | 118,007,000 | 119,701,000 |