Call reports 2023
FIRST UNITED BANK AND TRUST COMPANY, INC. — 2023
What FIRST UNITED BANK AND TRUST COMPANY, INC. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 543,542,000 | 544,379,000 | 521,827,000 | 557,775,000 |
| Total loans | 345,826,000 | 353,467,000 | 356,390,000 | 365,504,000 |
| Allowance for loan losses | 3,912,000 | 3,976,000 | 4,052,000 | 4,114,000 |
| Securities available for sale | 132,021,000 | 127,885,000 | 127,962,000 | 139,490,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 494,123,000 | 505,482,000 | 488,538,000 | 503,643,000 |
| Interest-bearing deposits | 399,015,000 | 412,138,000 | 396,330,000 | 416,127,000 |
| Noninterest-bearing deposits | 95,108,000 | 93,344,000 | 92,208,000 | 87,516,000 |
| Equity capital | 25,233,000 | 22,738,000 | 18,278,000 | 24,485,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,956,000 | 12,517,000 | 19,416,000 | 26,527,000 |
| Interest expense | 2,305,000 | 4,935,000 | 7,856,000 | 10,942,000 |
| Net interest income | 3,651,000 | 7,582,000 | 11,560,000 | 15,585,000 |
| Noninterest income | 723,000 | 1,500,000 | 2,291,000 | 3,169,000 |
| Noninterest expense | 3,335,000 | 6,787,000 | 10,237,000 | 13,877,000 |
| Provision for loan losses | 61,000 | 123,000 | 185,000 | 248,000 |
| Pretax income | 978,000 | 2,172,000 | 3,429,000 | 4,514,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 978,000 | 2,172,000 | 3,429,000 | 4,514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,702,000 | 48,273,000 | 48,548,000 | 48,800,000 |