Call reports 2020
FIRST UNITED BANK AND TRUST COMPANY, INC. — 2020
What FIRST UNITED BANK AND TRUST COMPANY, INC. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 340,304,000 | 372,511,000 | 380,882,000 | 397,391,000 |
| Total loans | 266,846,000 | 297,779,000 | 302,469,000 | 300,567,000 |
| Allowance for loan losses | 2,710,000 | 2,818,000 | 2,957,000 | 3,174,000 |
| Securities available for sale | 47,197,000 | 47,879,000 | 46,334,000 | 50,918,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,817,000 | 300,119,000 | 307,484,000 | 338,544,000 |
| Interest-bearing deposits | 174,795,000 | 183,302,000 | 196,835,000 | 212,177,000 |
| Noninterest-bearing deposits | 94,022,000 | 116,817,000 | 110,649,000 | 126,367,000 |
| Equity capital | 41,790,000 | 43,720,000 | 43,812,000 | 43,914,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,866,000 | 7,821,000 | 11,882,000 | 16,002,000 |
| Interest expense | 618,000 | 1,007,000 | 1,350,000 | 1,679,000 |
| Net interest income | 3,248,000 | 6,814,000 | 10,532,000 | 14,323,000 |
| Noninterest income | 632,000 | 1,254,000 | 1,959,000 | 2,656,000 |
| Noninterest expense | 2,721,000 | 5,549,000 | 8,343,000 | 11,315,000 |
| Provision for loan losses | 83,000 | 195,000 | 318,000 | 467,000 |
| Pretax income | 1,076,000 | 2,325,000 | 3,779,000 | 5,146,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,076,000 | 2,325,000 | 3,779,000 | 5,146,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,667,000 | 40,998,000 | 41,205,000 | 41,464,000 |