Call reports 2008
UNITED BANK & TRUST - WASHTENAW — 2008
What UNITED BANK & TRUST - WASHTENAW reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 316,985,000 | 323,313,000 | 331,185,000 | 348,382,000 |
| Total loans | 292,798,000 | 295,356,000 | 308,826,000 | 325,374,000 |
| Allowance for loan losses | 5,928,000 | 6,022,000 | 6,488,000 | 6,724,000 |
| Securities available for sale | 11,528,000 | 11,519,000 | 9,759,000 | 11,491,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,501,000 | 268,243,000 | 270,999,000 | 294,158,000 |
| Interest-bearing deposits | 214,317,000 | 228,203,000 | 231,173,000 | 252,644,000 |
| Noninterest-bearing deposits | 34,184,000 | 40,040,000 | 39,826,000 | 41,514,000 |
| Equity capital | 28,691,000 | 29,053,000 | 30,558,000 | 31,033,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,970,000 | 9,655,000 | 14,482,000 | 19,345,000 |
| Interest expense | 2,041,000 | 3,753,000 | 5,496,000 | 7,292,000 |
| Net interest income | 2,929,000 | 5,902,000 | 8,986,000 | 12,053,000 |
| Noninterest income | 927,000 | 1,821,000 | 2,734,000 | 3,560,000 |
| Noninterest expense | 2,788,000 | 5,491,000 | 8,241,000 | 10,951,000 |
| Provision for loan losses | 325,000 | 850,000 | 2,125,000 | 2,965,000 |
| Pretax income | 743,000 | 1,386,000 | 1,358,000 | 1,701,000 |
| Income tax | 231,000 | 429,000 | 397,000 | 493,000 |
| Net income | 512,000 | 957,000 | 961,000 | 1,208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,574,000 | 27,018,000 | 28,523,000 | 29,156,000 |
| Total capital | 30,245,000 | 30,737,000 | 32,352,000 | 33,149,000 |
| Risk-weighted assets | 291,430,000 | 295,211,000 | 303,669,000 | 316,709,000 |