Call reports 2003
UNITED BANK & TRUST - WASHTENAW — 2003
What UNITED BANK & TRUST - WASHTENAW reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 129,805,000 | 140,511,000 | 149,987,000 | 150,175,000 |
| Total loans | 101,775,000 | 103,960,000 | 105,083,000 | 117,580,000 |
| Allowance for loan losses | 1,048,000 | 1,104,000 | 1,112,000 | 1,243,000 |
| Securities available for sale | 16,379,000 | 15,193,000 | 17,474,000 | 15,950,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,115,000 | 123,612,000 | 132,357,000 | 133,228,000 |
| Interest-bearing deposits | 96,702,000 | 102,046,000 | 108,429,000 | 107,117,000 |
| Noninterest-bearing deposits | 17,413,000 | 21,566,000 | 23,928,000 | 26,111,000 |
| Equity capital | 13,346,000 | 13,540,000 | 14,146,000 | 15,295,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,780,000 | 3,625,000 | 5,465,000 | 7,316,000 |
| Interest expense | 558,000 | 1,137,000 | 1,706,000 | 2,192,000 |
| Net interest income | 1,222,000 | 2,488,000 | 3,759,000 | 5,124,000 |
| Noninterest income | 546,000 | 1,284,000 | 2,040,000 | 2,609,000 |
| Noninterest expense | 1,308,000 | 3,010,000 | 4,789,000 | 6,381,000 |
| Provision for loan losses | 73,000 | 129,000 | 137,000 | 268,000 |
| Pretax income | 387,000 | 633,000 | 873,000 | 1,084,000 |
| Income tax | 115,000 | 184,000 | 240,000 | 289,000 |
| Net income | 272,000 | 449,000 | 633,000 | 795,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,091,000 | 11,268,000 | 11,952,000 | 13,114,000 |
| Total capital | 12,139,000 | 12,372,000 | 13,064,000 | 14,357,000 |
| Risk-weighted assets | 101,084,000 | 106,380,000 | 110,593,000 | 121,014,000 |