Call reports 2024
FIRST UNITED BANK AND TRUST COMPANY, INC. — 2024
What FIRST UNITED BANK AND TRUST COMPANY, INC. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 553,060,000 | 554,288,000 | 582,527,000 | 573,335,000 |
| Total loans | 367,014,000 | 374,573,000 | 382,620,000 | 385,250,000 |
| Allowance for loan losses | 4,133,000 | 4,217,000 | 4,277,000 | 4,312,000 |
| Securities available for sale | 135,911,000 | 131,687,000 | 136,288,000 | 130,778,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,132,000 | 515,366,000 | 512,396,000 | 533,722,000 |
| Interest-bearing deposits | 410,530,000 | 417,182,000 | 411,798,000 | 433,805,000 |
| Noninterest-bearing deposits | 89,602,000 | 98,184,000 | 100,598,000 | 99,917,000 |
| Equity capital | 23,933,000 | 24,653,000 | 30,161,000 | 25,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 7,060,000 | 14,400,000 | 22,041,000 | 29,940,000 |
| Interest expense | 3,235,000 | 6,562,000 | 9,999,000 | 13,326,000 |
| Net interest income | 3,825,000 | 7,838,000 | 12,042,000 | 16,614,000 |
| Noninterest income | 714,000 | 1,552,000 | 2,399,000 | 3,276,000 |
| Noninterest expense | 3,532,000 | 7,143,000 | 10,828,000 | 14,635,000 |
| Provision for loan losses | 62,000 | 124,000 | 186,000 | 249,000 |
| Pretax income | 945,000 | 2,123,000 | 3,427,000 | 5,006,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 945,000 | 2,123,000 | 3,427,000 | 5,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,229,000 | 49,923,000 | 50,723,000 | 50,813,000 |