Call reports 2020
1ST UNITED BANK — 2020
What 1ST UNITED BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 148,317,000 | 168,345,000 | 172,590,000 | 175,029,000 |
| Total loans | 72,165,000 | 83,902,000 | 80,830,000 | 75,795,000 |
| Allowance for loan losses | 734,000 | 774,000 | 832,000 | 892,000 |
| Securities available for sale | 56,523,000 | 60,365,000 | 70,170,000 | 74,552,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,966,000 | 146,272,000 | 149,851,000 | 152,216,000 |
| Interest-bearing deposits | 102,899,000 | 116,383,000 | 119,504,000 | 120,247,000 |
| Noninterest-bearing deposits | 23,067,000 | 29,889,000 | 30,347,000 | 31,969,000 |
| Equity capital | 21,158,000 | 21,732,000 | 21,511,000 | 22,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,352,000 | 2,694,000 | 3,990,000 | 5,284,000 |
| Interest expense | 104,000 | 198,000 | 295,000 | 391,000 |
| Net interest income | 1,248,000 | 2,496,000 | 3,695,000 | 4,893,000 |
| Noninterest income | 322,000 | 808,000 | 1,426,000 | 1,945,000 |
| Noninterest expense | 1,004,000 | 1,970,000 | 3,063,000 | 4,157,000 |
| Provision for loan losses | 30,000 | 70,000 | 130,000 | 190,000 |
| Pretax income | 572,000 | 1,303,000 | 1,928,000 | 2,900,000 |
| Income tax | 104,000 | 298,000 | 550,000 | 816,000 |
| Net income | 468,000 | 1,005,000 | 1,378,000 | 2,084,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,254,000 | 16,832,000 | 16,762,000 | 17,380,000 |
| Total capital | — | 17,606,000 | — | — |
| Risk-weighted assets | — | 106,527,000 | — | — |