Call reports 2004
UNITED BANK & TRUST - WASHTENAW — 2004
What UNITED BANK & TRUST - WASHTENAW reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 159,901,000 | 167,556,000 | 169,257,000 | 177,164,000 |
| Total loans | 125,077,000 | 138,104,000 | 140,447,000 | 148,660,000 |
| Allowance for loan losses | 1,321,000 | 1,458,000 | 1,498,000 | 1,577,000 |
| Securities available for sale | 17,054,000 | 15,955,000 | 15,803,000 | 16,009,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,642,000 | 138,679,000 | 137,497,000 | 147,884,000 |
| Interest-bearing deposits | 104,178,000 | 106,200,000 | 106,521,000 | 116,988,000 |
| Noninterest-bearing deposits | 28,464,000 | 32,479,000 | 30,976,000 | 30,896,000 |
| Equity capital | 15,442,000 | 15,520,000 | 15,956,000 | 16,271,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,931,000 | 3,968,000 | 6,142,000 | 8,491,000 |
| Interest expense | 481,000 | 982,000 | 1,531,000 | 2,120,000 |
| Net interest income | 1,450,000 | 2,986,000 | 4,611,000 | 6,371,000 |
| Noninterest income | 409,000 | 961,000 | 1,377,000 | 1,781,000 |
| Noninterest expense | 1,591,000 | 3,200,000 | 4,748,000 | 6,260,000 |
| Provision for loan losses | 91,000 | 224,000 | 282,000 | 364,000 |
| Pretax income | 177,000 | 524,000 | 959,000 | 1,529,000 |
| Income tax | 38,000 | 137,000 | 267,000 | 444,000 |
| Net income | 139,000 | 387,000 | 692,000 | 1,085,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,253,000 | 13,501,000 | 13,806,000 | 14,199,000 |
| Total capital | 14,574,000 | 14,959,000 | 15,304,000 | 15,776,000 |
| Risk-weighted assets | 130,418,000 | 144,262,000 | 147,439,000 | 157,926,000 |