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 | 689,056,000 | 680,003,000 | 702,830,000 | 661,174,000 |
| Total loans | 409,678,000 | 411,440,000 | 424,462,000 | 423,320,000 |
| Allowance for loan losses | 4,404,000 | 4,485,000 | 4,636,000 | 4,685,000 |
| Securities available for sale | 178,647,000 | 189,870,000 | 183,016,000 | 162,834,000 |
| Securities held to maturity | 1,484,000 | 1,484,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 554,584,000 | 534,381,000 | 553,422,000 | 553,455,000 |
| Interest-bearing deposits | 419,383,000 | 409,307,000 | 399,612,000 | 393,928,000 |
| Noninterest-bearing deposits | 135,201,000 | 125,074,000 | 153,810,000 | 159,527,000 |
| Equity capital | 61,546,000 | 62,824,000 | 68,331,000 | 66,220,000 |
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 | 8,430,000 | 16,674,000 | 25,444,000 | 34,272,000 |
| Interest expense | 3,279,000 | 6,444,000 | 9,783,000 | 12,841,000 |
| Net interest income | 5,151,000 | 10,230,000 | 15,661,000 | 21,431,000 |
| Noninterest income | 911,000 | 1,946,000 | 3,020,000 | 4,060,000 |
| Noninterest expense | 4,814,000 | 9,426,000 | 14,205,000 | 19,028,000 |
| Provision for loan losses | 112,000 | 185,000 | 335,000 | 386,000 |
| Pretax income | 1,136,000 | 2,426,000 | 4,065,000 | 5,998,000 |
| Income tax | 37,000 | 93,000 | 164,000 | 243,000 |
| Net income | 1,099,000 | 2,333,000 | 3,901,000 | 5,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,570,000 | 59,999,000 | 60,716,000 | 62,624,000 |
| Total capital | 64,581,000 | 65,023,000 | 65,745,000 | 67,685,000 |
| Risk-weighted assets | 483,338,000 | 476,774,000 | 484,801,000 | 480,604,000 |