Call reports 2023
1ST UNITED BANK — 2023
What 1ST UNITED BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 186,585,000 | 211,487,000 | 212,726,000 | 211,586,000 |
| Total loans | 78,170,000 | 76,931,000 | 77,558,000 | 77,803,000 |
| Allowance for loan losses | 1,094,000 | 1,090,000 | 1,090,000 | 1,090,000 |
| Securities available for sale | 95,447,000 | 89,597,000 | 85,168,000 | 114,241,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,962,000 | 156,315,000 | 156,576,000 | 153,676,000 |
| Interest-bearing deposits | 132,267,000 | 124,687,000 | 122,599,000 | 122,457,000 |
| Noninterest-bearing deposits | 35,695,000 | 31,628,000 | 33,977,000 | 31,219,000 |
| Equity capital | 14,246,000 | 13,841,000 | 13,782,000 | 15,968,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,425,000 | 3,026,000 | 4,936,000 | 6,936,000 |
| Interest expense | 269,000 | 770,000 | 1,512,000 | 2,298,000 |
| Net interest income | 1,156,000 | 2,256,000 | 3,424,000 | 4,638,000 |
| Noninterest income | 144,000 | 331,000 | 523,000 | 682,000 |
| Noninterest expense | 839,000 | 1,710,000 | 2,568,000 | 3,403,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 461,000 | 877,000 | 1,379,000 | 1,917,000 |
| Income tax | 131,000 | 250,000 | 393,000 | 537,000 |
| Net income | 330,000 | 627,000 | 986,000 | 1,380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,815,000 | 17,113,000 | 17,087,000 | 17,480,000 |
| Total capital | 17,909,000 | 18,203,000 | 18,177,000 | 18,570,000 |
| Risk-weighted assets | 111,476,000 | 108,665,000 | 107,265,000 | 102,847,000 |