FACTANKER · measured, cited, anchored official records connected

Call reports 2023

UNION STATE BANK — 2023

What UNION STATE BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/1cc0e77f-3f98-4b68-aa35-d52eb5cb6c1b/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets609,824,000622,071,000633,158,000663,491,000
Total loans372,367,000392,869,000403,899,000404,519,000
Allowance for loan losses4,058,0004,229,0004,231,0004,300,000
Securities available for sale160,734,000157,299,000153,373,000173,109,000
Securities held to maturity1,484,0001,484,0001,484,0001,484,000
Trading assets0000
Total deposits508,519,000505,728,000518,528,000536,832,000
Interest-bearing deposits396,292,000394,910,000407,701,000405,464,000
Noninterest-bearing deposits112,227,000110,818,000110,827,000131,368,000
Equity capital55,955,00054,110,00051,945,00062,407,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income5,826,00012,169,00019,190,00026,701,000
Interest expense1,129,0002,826,0004,947,0007,541,000
Net interest income4,697,0009,343,00014,243,00019,160,000
Noninterest income966,0001,965,0003,058,0004,056,000
Noninterest expense4,291,0008,696,00013,217,00017,791,000
Provision for loan losses121,000296,000305,000382,000
Pretax income1,251,0002,316,0003,779,0005,043,000
Income tax42,00096,000160,000213,000
Net income1,209,0002,220,0003,619,0004,830,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital53,735,00053,967,00054,521,00059,347,000
Total capital58,234,00058,649,00059,225,00064,201,000
Risk-weighted assets443,592,000462,778,000475,428,000476,922,000