Call reports 2024
UNION STATE BANK — 2024
What UNION STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 122,989,000 | 129,195,000 | 128,529,000 | 162,102,000 |
| Total loans | 73,825,000 | 73,045,000 | 75,042,000 | 90,490,000 |
| Allowance for loan losses | 703,000 | 704,000 | 704,000 | 728,000 |
| Securities available for sale | 28,854,000 | 29,279,000 | 31,795,000 | 40,475,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,837,000 | 110,898,000 | 109,626,000 | 138,476,000 |
| Interest-bearing deposits | 97,771,000 | 103,197,000 | 101,072,000 | 123,710,000 |
| Noninterest-bearing deposits | 7,066,000 | 7,701,000 | 8,554,000 | 14,766,000 |
| Equity capital | 16,029,000 | 16,034,000 | 16,753,000 | 21,293,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,420,000 | 3,010,000 | 4,705,000 | 6,981,000 |
| Interest expense | 552,000 | 1,150,000 | 1,747,000 | 2,307,000 |
| Net interest income | 868,000 | 1,860,000 | 2,958,000 | 4,674,000 |
| Noninterest income | 52,000 | 139,000 | 224,000 | 349,000 |
| Noninterest expense | 735,000 | 1,533,000 | 2,388,000 | 3,562,000 |
| Provision for loan losses | 0 | 0 | 0 | 35,000 |
| Pretax income | 192,000 | 474,000 | 806,000 | 1,440,000 |
| Income tax | 8,000 | 20,000 | 43,000 | 57,000 |
| Net income | 184,000 | 454,000 | 763,000 | 1,383,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,860,000 | 10,083,000 | 10,319,000 | 12,825,000 |
| Total capital | 10,563,000 | 10,787,000 | 11,022,000 | 13,553,000 |
| Risk-weighted assets | 73,861,000 | 74,261,000 | 76,985,000 | 94,804,000 |