Call reports 2020
UNITED BANK & TRUST — 2020
What UNITED BANK & TRUST 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 | 675,868,000 | 726,640,000 | 707,348,000 | 740,679,000 |
| Total loans | 453,419,000 | 481,089,000 | 475,639,000 | 454,720,000 |
| Allowance for loan losses | 7,334,000 | 8,518,000 | 4,964,000 | 5,121,000 |
| Securities available for sale | 75,712,000 | 74,139,000 | 48,688,000 | 36,959,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 474,488,000 | 549,654,000 | 540,253,000 | 570,645,000 |
| Interest-bearing deposits | 454,649,000 | 528,906,000 | 518,970,000 | 543,958,000 |
| Noninterest-bearing deposits | 19,839,000 | 20,748,000 | 21,283,000 | 26,687,000 |
| Equity capital | 81,522,000 | 82,754,000 | 84,441,000 | 86,535,000 |
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 | 6,500,000 | 12,763,000 | 18,684,000 | 24,928,000 |
| Interest expense | 1,334,000 | 2,498,000 | 3,539,000 | 4,382,000 |
| Net interest income | 5,166,000 | 10,265,000 | 15,145,000 | 20,546,000 |
| Noninterest income | 535,000 | 1,109,000 | 1,640,000 | 2,174,000 |
| Noninterest expense | 3,111,000 | 6,182,000 | 9,280,000 | 12,373,000 |
| Provision for loan losses | 75,000 | 1,250,000 | 1,400,000 | 1,550,000 |
| Pretax income | 2,517,000 | 4,018,000 | 6,182,000 | 9,032,000 |
| Income tax | 559,000 | 849,000 | 1,277,000 | 1,850,000 |
| Net income | 1,958,000 | 3,169,000 | 4,905,000 | 7,182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,252,000 | 75,465,000 | 77,203,000 | 79,482,000 |