Call reports 2014
UNION STATE BANK — 2014
What UNION STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 71,456,000 | 70,614,000 | 71,217,000 | 70,514,000 |
| Total loans | 46,431,000 | 49,723,000 | 52,111,000 | 52,758,000 |
| Allowance for loan losses | 450,000 | 481,000 | 511,000 | 478,000 |
| Securities available for sale | 14,385,000 | 13,713,000 | 12,015,000 | 10,704,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,837,000 | 56,811,000 | 56,105,000 | 57,481,000 |
| Interest-bearing deposits | 56,117,000 | 53,509,000 | 53,309,000 | 53,833,000 |
| Noninterest-bearing deposits | 3,720,000 | 3,302,000 | 2,796,000 | 3,649,000 |
| Equity capital | 10,338,000 | 10,577,000 | 10,769,000 | 10,698,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 740,000 | 1,507,000 | 2,313,000 | 3,131,000 |
| Interest expense | 105,000 | 219,000 | 336,000 | 487,000 |
| Net interest income | 635,000 | 1,288,000 | 1,977,000 | 2,644,000 |
| Noninterest income | 37,000 | 82,000 | 125,000 | 172,000 |
| Noninterest expense | 350,000 | 677,000 | 997,000 | 1,409,000 |
| Provision for loan losses | 30,000 | 65,000 | 85,000 | 115,000 |
| Pretax income | 292,000 | 628,000 | 1,028,000 | 1,311,000 |
| Income tax | 16,000 | 33,000 | 54,000 | 70,000 |
| Net income | 276,000 | 595,000 | 974,000 | 1,241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,467,000 | 5,581,000 | 5,754,000 | 5,629,000 |
| Total capital | 5,917,000 | 6,062,000 | 6,265,000 | 6,107,000 |
| Risk-weighted assets | 45,297,000 | 48,526,000 | 50,697,000 | 50,658,000 |