Call reports 2020
UNION STATE BANK — 2020
What UNION STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 82,641,000 | 82,595,000 | 83,254,000 | 88,273,000 |
| Total loans | 58,600,000 | 59,544,000 | 61,609,000 | 56,847,000 |
| Allowance for loan losses | 600,000 | 656,000 | 657,000 | 660,000 |
| Securities available for sale | 7,914,000 | 9,068,000 | 8,879,000 | 9,596,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,057,000 | 67,610,000 | 68,107,000 | 73,216,000 |
| Interest-bearing deposits | 64,753,000 | 63,902,000 | 63,916,000 | 67,493,000 |
| Noninterest-bearing deposits | 3,304,000 | 3,708,000 | 4,191,000 | 5,723,000 |
| Equity capital | 12,827,000 | 13,335,000 | 13,480,000 | 13,398,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 998,000 | 2,126,000 | 3,010,000 | 3,941,000 |
| Interest expense | 247,000 | 466,000 | 674,000 | 870,000 |
| Net interest income | 751,000 | 1,660,000 | 2,336,000 | 3,071,000 |
| Noninterest income | 37,000 | 115,000 | 182,000 | 238,000 |
| Noninterest expense | 534,000 | 1,058,000 | 1,555,000 | 2,090,000 |
| Provision for loan losses | 0 | 100,000 | 100,000 | 100,000 |
| Pretax income | 283,000 | 644,000 | 889,000 | 1,146,000 |
| Income tax | 14,000 | 31,000 | 45,000 | 67,000 |
| Net income | 269,000 | 613,000 | 844,000 | 1,079,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,055,000 | 8,304,000 | 8,438,000 | 8,341,000 |