Call reports 2003
1ST UNITED BANK — 2003
What 1ST UNITED BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 48,918,000 | 47,875,000 | 54,015,000 | 66,578,000 |
| Total loans | 38,708,000 | 37,266,000 | 34,991,000 | 39,579,000 |
| Allowance for loan losses | 794,000 | 1,105,000 | 1,532,000 | 1,021,000 |
| Securities available for sale | 7,838,000 | 7,500,000 | 6,820,000 | 6,579,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,249,000 | 43,558,000 | 44,467,000 | 56,400,000 |
| Interest-bearing deposits | 40,806,000 | 40,265,000 | 38,780,000 | 49,048,000 |
| Noninterest-bearing deposits | 3,443,000 | 3,292,000 | 5,687,000 | 7,352,000 |
| Equity capital | 4,339,000 | 3,446,000 | 8,165,000 | 7,561,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 736,000 | 1,419,000 | 2,150,000 | 2,826,000 |
| Interest expense | 362,000 | 697,000 | 1,008,000 | 1,312,000 |
| Net interest income | 374,000 | 722,000 | 1,142,000 | 1,514,000 |
| Noninterest income | 297,000 | 411,000 | 494,000 | 370,000 |
| Noninterest expense | 503,000 | 1,087,000 | 2,441,000 | 4,251,000 |
| Provision for loan losses | 56,000 | 846,000 | 2,213,000 | 2,256,000 |
| Pretax income | 139,000 | -773,000 | -2,991,000 | -4,596,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 139,000 | -773,000 | -2,991,000 | -4,596,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,312,000 | 3,400,000 | 8,169,000 | 7,565,000 |
| Total capital | 4,815,000 | 3,882,000 | 8,650,000 | 8,119,000 |
| Risk-weighted assets | 39,974,000 | 37,966,000 | 37,418,000 | 43,728,000 |