Call reports 2024
1ST UNITED BANK — 2024
What 1ST UNITED BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 210,884,000 | 173,059,000 | 167,977,000 | 165,551,000 |
| Total loans | 77,779,000 | 80,439,000 | 73,750,000 | 76,211,000 |
| Allowance for loan losses | 1,090,000 | 1,090,000 | 1,090,000 | 1,090,000 |
| Securities available for sale | 113,726,000 | 80,918,000 | 77,284,000 | 74,706,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,294,000 | 148,906,000 | 148,791,000 | 148,230,000 |
| Interest-bearing deposits | 121,096,000 | 119,547,000 | 118,093,000 | 118,950,000 |
| Noninterest-bearing deposits | 31,198,000 | 29,359,000 | 30,698,000 | 29,280,000 |
| Equity capital | 15,938,000 | 16,812,000 | 18,255,000 | 16,662,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,932,000 | 3,796,000 | 5,256,000 | 6,644,000 |
| Interest expense | 819,000 | 1,461,000 | 1,850,000 | 2,193,000 |
| Net interest income | 1,113,000 | 2,335,000 | 3,406,000 | 4,451,000 |
| Noninterest income | 154,000 | 315,000 | 465,000 | 625,000 |
| Noninterest expense | 846,000 | 1,752,000 | 2,654,000 | 3,567,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 421,000 | 898,000 | 1,217,000 | 1,509,000 |
| Income tax | 123,000 | 258,000 | 354,000 | 429,000 |
| Net income | 298,000 | 640,000 | 863,000 | 1,080,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,433,000 | 17,775,000 | 17,704,000 | 16,370,000 |
| Total capital | 18,523,000 | 18,865,000 | 18,794,000 | 17,460,000 |
| Risk-weighted assets | 106,151,000 | 103,263,000 | 98,280,000 | 97,143,000 |