Call reports 2001
UNITED BANK & TRUST - WASHTENAW — 2001
What UNITED BANK & TRUST - WASHTENAW reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|
| Total assets | 13,814,000 | 19,962,000 | 29,095,000 |
| Total loans | 6,841,000 | 12,269,000 | 25,317,000 |
| Allowance for loan losses | 68,000 | 122,000 | 243,000 |
| Securities available for sale | 812,000 | 2,177,000 | 1,831,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 6,051,000 | 12,483,000 | 17,186,000 |
| Interest-bearing deposits | 5,478,000 | 10,404,000 | 14,297,000 |
| Noninterest-bearing deposits | 573,000 | 2,079,000 | 2,889,000 |
| Equity capital | 7,674,000 | 7,394,000 | 7,133,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|
| Interest income | 135,000 | 375,000 | 748,000 |
| Interest expense | 37,000 | 117,000 | 225,000 |
| Net interest income | 98,000 | 258,000 | 523,000 |
| Noninterest income | 17,000 | 44,000 | 117,000 |
| Noninterest expense | 543,000 | 1,112,000 | 1,720,000 |
| Provision for loan losses | 68,000 | 122,000 | 243,000 |
| Pretax income | -496,000 | -932,000 | -1,323,000 |
| Income tax | -168,000 | -316,000 | -446,000 |
| Net income | -328,000 | -616,000 | -877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|
| Tier 1 capital | 7,672,000 | 7,384,000 | 7,123,000 |
| Total capital | 7,740,000 | 7,506,000 | 7,366,000 |
| Risk-weighted assets | 9,125,000 | 13,729,000 | 25,622,000 |