Call reports 2010
1ST UNITED BANK — 2010
What 1ST UNITED BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,040,469,000 | 1,040,996,000 | 1,058,316,000 | 1,262,672,000 |
| Total loans | 686,781,000 | 673,832,000 | 674,158,000 | 860,775,000 |
| Allowance for loan losses | 13,012,000 | 12,366,000 | 11,001,000 | 12,550,000 |
| Securities available for sale | 93,652,000 | 98,591,000 | 87,187,000 | 102,289,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 885,123,000 | 885,001,000 | 904,194,000 | 1,080,265,000 |
| Interest-bearing deposits | 647,056,000 | 649,921,000 | 659,108,000 | 788,578,000 |
| Noninterest-bearing deposits | 238,067,000 | 235,080,000 | 245,086,000 | 291,687,000 |
| Equity capital | 125,435,000 | 127,029,000 | 126,916,000 | 153,393,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 11,509,000 | 22,934,000 | 33,984,000 | 45,604,000 |
| Interest expense | 2,117,000 | 4,142,000 | 6,081,000 | 7,993,000 |
| Net interest income | 9,392,000 | 18,792,000 | 27,903,000 | 37,611,000 |
| Noninterest income | 926,000 | 1,969,000 | 3,070,000 | 15,077,000 |
| Noninterest expense | 8,418,000 | 17,058,000 | 25,209,000 | 35,932,000 |
| Provision for loan losses | 1,250,000 | 2,750,000 | 5,620,000 | 13,520,000 |
| Pretax income | 640,000 | 939,000 | 579,000 | 3,671,000 |
| Income tax | 246,000 | 372,000 | 246,000 | 1,417,000 |
| Net income | 394,000 | 567,000 | 333,000 | 2,254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,036,000 | 77,677,000 | 77,499,000 | 104,564,000 |
| Total capital | 88,726,000 | 89,436,000 | 89,201,000 | 117,218,000 |
| Risk-weighted assets | 528,872,000 | 535,145,000 | 541,991,000 | 627,649,000 |