Call reports 2024
UNION SAVINGS BANK — 2024
What UNION SAVINGS 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 | 188,177,000 | 182,265,000 | 179,905,000 | 179,745,000 |
| Total loans | 115,866,000 | 114,872,000 | 113,078,000 | 110,054,000 |
| Allowance for loan losses | 927,000 | 935,000 | 943,000 | 947,000 |
| Securities available for sale | 57,937,000 | 55,897,000 | 55,570,000 | 51,207,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,031,000 | 167,306,000 | 160,725,000 | 166,433,000 |
| Interest-bearing deposits | 154,118,000 | 149,080,000 | 145,069,000 | 146,757,000 |
| Noninterest-bearing deposits | 18,913,000 | 18,226,000 | 15,656,000 | 19,676,000 |
| Equity capital | 10,811,000 | 10,998,000 | 12,475,000 | 11,622,000 |
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 | 1,679,000 | 3,440,000 | 5,200,000 | 6,992,000 |
| Interest expense | 600,000 | 1,213,000 | 1,821,000 | 2,381,000 |
| Net interest income | 1,079,000 | 2,227,000 | 3,379,000 | 4,611,000 |
| Noninterest income | 467,000 | 911,000 | 1,382,000 | 1,932,000 |
| Noninterest expense | 1,577,000 | 3,179,000 | 4,808,000 | 6,576,000 |
| Provision for loan losses | 70,000 | 85,000 | 100,000 | 105,000 |
| Pretax income | -101,000 | -126,000 | -147,000 | -138,000 |
| Income tax | -36,000 | -50,000 | -62,000 | -66,000 |
| Net income | -65,000 | -76,000 | -85,000 | -72,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,662,000 | 16,652,000 | 16,643,000 | 16,655,000 |
| Total capital | 17,589,000 | 17,587,000 | — | 17,601,000 |
| Risk-weighted assets | 110,456,000 | 115,516,000 | — | 112,512,000 |