Call reports 2008
1ST UNITED BANK — 2008
What 1ST UNITED BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 575,509,000 | 563,229,000 | 621,676,000 | 617,568,000 |
| Total loans | 450,256,000 | 440,391,000 | 491,714,000 | 487,447,000 |
| Allowance for loan losses | 3,939,000 | 4,192,000 | 4,898,000 | 5,799,000 |
| Securities available for sale | 35,316,000 | 33,214,000 | 40,238,000 | 35,075,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 418,069,000 | 403,088,000 | 481,365,000 | 443,416,000 |
| Interest-bearing deposits | 314,684,000 | 304,143,000 | 373,432,000 | 342,507,000 |
| Noninterest-bearing deposits | 103,385,000 | 98,945,000 | 107,933,000 | 100,909,000 |
| Equity capital | 80,468,000 | 84,084,000 | 88,155,000 | 91,727,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,765,000 | 14,615,000 | 22,661,000 | 30,162,000 |
| Interest expense | 2,393,000 | 4,786,000 | 7,208,000 | 9,567,000 |
| Net interest income | 4,372,000 | 9,829,000 | 15,453,000 | 20,595,000 |
| Noninterest income | 408,000 | 981,000 | 1,415,000 | 1,963,000 |
| Noninterest expense | 6,111,000 | 11,526,000 | 16,869,000 | 22,726,000 |
| Provision for loan losses | 150,000 | 250,000 | 475,000 | 1,910,000 |
| Pretax income | -1,481,000 | -966,000 | -450,000 | -1,959,000 |
| Income tax | -539,000 | -346,000 | -144,000 | -694,000 |
| Net income | -942,000 | -620,000 | -306,000 | -1,265,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,214,000 | 41,889,000 | 41,566,000 | 38,827,000 |
| Total capital | 43,153,000 | 46,081,000 | 51,427,000 | 49,626,000 |
| Risk-weighted assets | 466,212,000 | 443,538,000 | 493,756,000 | 483,588,000 |