Call reports 2016
FIRST UNITED BANK AND TRUST COMPANY, INC. — 2016
What FIRST UNITED BANK AND TRUST COMPANY, INC. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 203,112,000 | 273,938,000 | 271,751,000 | 274,811,000 |
| Total loans | 129,977,000 | 163,647,000 | 165,387,000 | 170,056,000 |
| Allowance for loan losses | 2,285,000 | 2,335,000 | 2,378,000 | 2,409,000 |
| Securities available for sale | 60,183,000 | 77,930,000 | 76,025,000 | 79,836,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,919,000 | 214,583,000 | 212,041,000 | 227,751,000 |
| Interest-bearing deposits | 122,939,000 | 176,066,000 | 174,101,000 | 188,871,000 |
| Noninterest-bearing deposits | 27,980,000 | 38,517,000 | 37,940,000 | 38,880,000 |
| Equity capital | 27,140,000 | 39,942,000 | 40,481,000 | 38,528,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,027,000 | 4,699,000 | 7,362,000 | 10,033,000 |
| Interest expense | 99,000 | 264,000 | 418,000 | 568,000 |
| Net interest income | 1,928,000 | 4,435,000 | 6,944,000 | 9,465,000 |
| Noninterest income | 576,000 | 1,186,000 | 1,884,000 | 2,536,000 |
| Noninterest expense | 1,652,000 | 3,844,000 | 6,015,000 | 8,267,000 |
| Provision for loan losses | 18,000 | 58,000 | 97,000 | 137,000 |
| Pretax income | 834,000 | 1,728,000 | 2,730,000 | 3,611,000 |
| Income tax | 2,000 | 3,000 | 5,000 | 6,000 |
| Net income | 832,000 | 1,725,000 | 2,725,000 | 3,605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,091,000 | 35,190,000 | 35,991,000 | 36,318,000 |
| Total capital | 26,776,000 | 37,350,000 | 38,182,000 | 38,588,000 |
| Risk-weighted assets | 134,266,000 | 172,644,000 | 175,131,000 | 181,536,000 |