Call reports 2002
1ST UNITED BANK — 2002
What 1ST UNITED BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 47,518,000 | 47,429,000 | 50,892,000 | 46,520,000 |
| Total loans | 29,429,000 | 34,139,000 | 36,343,000 | 37,587,000 |
| Allowance for loan losses | 452,000 | 641,000 | 673,000 | 758,000 |
| Securities available for sale | 10,343,000 | 7,733,000 | 6,400,000 | 6,008,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,957,000 | 43,314,000 | 46,325,000 | 41,970,000 |
| Interest-bearing deposits | 39,980,000 | 40,171,000 | 41,242,000 | 38,971,000 |
| Noninterest-bearing deposits | 2,977,000 | 3,143,000 | 5,083,000 | 2,999,000 |
| Equity capital | 3,895,000 | 3,535,000 | 4,117,000 | 4,225,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 626,000 | 1,333,000 | 2,115,000 | 2,882,000 |
| Interest expense | 307,000 | 685,000 | 1,076,000 | 1,453,000 |
| Net interest income | 319,000 | 648,000 | 1,039,000 | 1,429,000 |
| Noninterest income | 151,000 | 291,000 | 446,000 | 613,000 |
| Noninterest expense | 570,000 | 1,192,000 | 1,823,000 | 2,471,000 |
| Provision for loan losses | 96,000 | 315,000 | 377,000 | 769,000 |
| Pretax income | -196,000 | -504,000 | -652,000 | -1,135,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -196,000 | -504,000 | -652,000 | -1,135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,802,000 | 3,494,000 | 4,086,000 | 4,173,000 |
| Total capital | 4,237,000 | 3,960,000 | 4,572,000 | 4,658,000 |
| Risk-weighted assets | 34,764,000 | 37,114,000 | 38,709,000 | 38,543,000 |