Call reports 2008
UNITED BANK, NATIONAL ASSOCIATION — 2008
What UNITED BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Total assets | 204,195,000 | 216,698,000 |
| Total loans | 96,231,000 | 100,238,000 |
| Allowance for loan losses | 1,854,000 | 1,805,000 |
| Securities available for sale | 74,548,000 | 64,780,000 |
| Securities held to maturity | 7,598,000 | 7,576,000 |
| Trading assets | 0 | 0 |
| Total deposits | 181,015,000 | 192,472,000 |
| Interest-bearing deposits | 161,871,000 | 173,066,000 |
| Noninterest-bearing deposits | 19,144,000 | 19,406,000 |
| Equity capital | 12,659,000 | 12,638,000 |
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 |
|---|---|---|
| Interest income | 2,964,000 | 5,762,000 |
| Interest expense | 1,049,000 | 1,870,000 |
| Net interest income | 1,915,000 | 3,892,000 |
| Noninterest income | 689,000 | 1,312,000 |
| Noninterest expense | 1,434,000 | 2,811,000 |
| Provision for loan losses | 0 | -50,000 |
| Pretax income | 1,170,000 | 2,501,000 |
| Income tax | 381,000 | 816,000 |
| Net income | 789,000 | 1,685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 |
|---|---|---|
| Tier 1 capital | 12,432,000 | 13,328,000 |
| Total capital | 13,774,000 | 14,741,000 |
| Risk-weighted assets | 106,883,000 | 112,827,000 |