Call reports 2004
1ST UNITED BANK — 2004
What 1ST UNITED BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 82,922,000 | 140,224,000 | 140,692,000 | 143,200,000 |
| Total loans | 46,400,000 | 70,108,000 | 84,659,000 | 89,838,000 |
| Allowance for loan losses | 1,101,000 | 1,299,000 | 1,331,000 | 1,328,000 |
| Securities available for sale | 11,445,000 | 29,206,000 | 28,268,000 | 29,591,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,677,000 | 112,514,000 | 118,038,000 | 120,250,000 |
| Interest-bearing deposits | 53,282,000 | 75,131,000 | 81,943,000 | 77,876,000 |
| Noninterest-bearing deposits | 12,395,000 | 37,383,000 | 36,095,000 | 42,374,000 |
| Equity capital | 14,747,000 | 18,068,000 | 17,690,000 | 16,458,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 851,000 | 2,206,000 | 3,682,000 | 5,286,000 |
| Interest expense | 291,000 | 592,000 | 950,000 | 1,296,000 |
| Net interest income | 560,000 | 1,614,000 | 2,732,000 | 3,990,000 |
| Noninterest income | 58,000 | 204,000 | 319,000 | 467,000 |
| Noninterest expense | 1,409,000 | 3,440,000 | 5,474,000 | 7,964,000 |
| Provision for loan losses | 0 | 0 | 4,000 | 53,000 |
| Pretax income | -791,000 | -1,644,000 | -2,447,000 | -3,580,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -791,000 | -1,644,000 | -2,447,000 | -3,580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,774,000 | 13,293,000 | 12,524,000 | 11,424,000 |
| Total capital | 15,465,000 | 14,368,000 | 13,789,000 | 12,752,000 |
| Risk-weighted assets | 54,896,000 | 85,768,000 | 101,096,000 | 107,720,000 |