First United Bank

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Statement of Condition

Statement of Condition

ASSETS

June 3020192018
Cash and Due From Banks$31,229,194$29,197,013
Securities $312,024,686 $309,220,512
Federal Funds Sold--
Loans and Leases, net of Unearned Income$953,750,560 $874,927,027
Less: Allowance for loan and lease losses$13,828,925 $12,933,455
Net Loans and Leases $939,921,635 $861,993,571
Bank premises and fixed assets $29,138,548 $30,075,231
Other assets $40,896,160 $37,064,475
Total Assets $1,353,210,223 $1,267,550,803

LIABILITIES AND SHAREHOLDER’S EQUITY

June 3020192018
Noninterest-bearing deposits $315,109,490 $295,280,182
Interest bearing deposits $756,391,380 $729,614,813
Total Deposits $1,071,500,870 $1,024,894,995
Federal funds purchased $6,800,000 $8,450,000
Other Liabilities $130,680,487 $109,061,309
Total Liabilities $1,208,981,357 $1,142,406,304

SHAREHOLDER’S EQUITY

June 3020192018
Common Stock $1,500,000 $1,500,000
Surplus $38,110,500 $38,110,500
Undivided Profits $103,453,134 $91,750,648
Net unrealized holding gains (losses) on AFS Securities $1,165,232 ($6,216,649)
Total Shareholder’s Equity $144,228,866 $125,144,499
Total Liabilities and Shareholder’s Equity $1,353,210,223 $1,267,550,803

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Kyle Carruth

Digital Banking