Call reports 2008
FIRST UNITED BANK AND TRUST COMPANY, INC. — 2008
What FIRST UNITED BANK AND TRUST COMPANY, INC. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 200,000,000 | 190,496,000 | 190,324,000 | 198,261,000 |
| Total loans | 124,256,000 | 125,972,000 | 126,460,000 | 127,300,000 |
| Allowance for loan losses | 2,187,000 | 2,131,000 | 2,068,000 | 1,965,000 |
| Securities available for sale | 64,501,000 | 55,316,000 | 56,033,000 | 59,362,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,646,000 | 125,984,000 | 127,077,000 | 145,519,000 |
| Interest-bearing deposits | 109,596,000 | 109,165,000 | 111,279,000 | 128,649,000 |
| Noninterest-bearing deposits | 16,050,000 | 16,819,000 | 15,798,000 | 16,870,000 |
| Equity capital | 15,698,000 | 15,211,000 | 15,885,000 | 17,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,213,000 | 6,185,000 | 9,088,000 | 12,115,000 |
| Interest expense | 1,425,000 | 2,499,000 | 3,546,000 | 4,536,000 |
| Net interest income | 1,788,000 | 3,686,000 | 5,542,000 | 7,579,000 |
| Noninterest income | 386,000 | 787,000 | 1,190,000 | 1,597,000 |
| Noninterest expense | 1,405,000 | 2,815,000 | 4,245,000 | 5,870,000 |
| Provision for loan losses | 45,000 | 91,000 | 167,000 | 330,000 |
| Pretax income | 804,000 | 1,767,000 | 2,554,000 | 3,241,000 |
| Income tax | 280,000 | 601,000 | 867,000 | 1,051,000 |
| Net income | 524,000 | 1,166,000 | 1,687,000 | 2,190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,608,000 | 15,246,000 | 15,711,000 | 16,103,000 |
| Total capital | 16,042,000 | 16,688,000 | 17,169,000 | 17,597,000 |
| Risk-weighted assets | 117,177,000 | 117,015,000 | 118,338,000 | 121,233,000 |