Call reports 2008
UNION STATE BANK — 2008
What UNION STATE BANK 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 | 57,172,000 | 55,899,000 | 56,276,000 | 55,011,000 |
| Total loans | 31,506,000 | 32,670,000 | 33,505,000 | 33,032,000 |
| Allowance for loan losses | 237,000 | 245,000 | 252,000 | 247,000 |
| Securities available for sale | 13,627,000 | 15,494,000 | 15,107,000 | 14,466,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,654,000 | 43,346,000 | 41,060,000 | 42,262,000 |
| Interest-bearing deposits | 41,708,000 | 40,547,000 | 38,714,000 | 39,954,000 |
| Noninterest-bearing deposits | 2,946,000 | 2,799,000 | 2,345,000 | 2,308,000 |
| Equity capital | 9,350,000 | 9,147,000 | 9,037,000 | 9,010,000 |
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 | 831,000 | 1,636,000 | 2,453,000 | 3,218,000 |
| Interest expense | 379,000 | 717,000 | 1,040,000 | 1,332,000 |
| Net interest income | 452,000 | 919,000 | 1,413,000 | 1,886,000 |
| Noninterest income | 52,000 | 116,000 | 168,000 | 220,000 |
| Noninterest expense | 269,000 | 540,000 | 840,000 | 1,074,000 |
| Provision for loan losses | 3,000 | 11,000 | 36,000 | 64,000 |
| Pretax income | 232,000 | 484,000 | 705,000 | 968,000 |
| Income tax | 11,000 | 22,000 | 36,000 | 128,000 |
| Net income | 221,000 | 462,000 | 669,000 | 840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,880,000 | 3,854,000 | 3,949,000 | 4,047,000 |
| Total capital | 4,117,000 | 4,099,000 | 4,201,000 | 4,294,000 |
| Risk-weighted assets | 30,994,000 | 32,098,000 | 33,093,000 | 32,693,000 |