Call reports 2024
UNITED TRUST BANK — 2024
What UNITED TRUST 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 | 163,164,000 | 156,277,000 | 168,643,000 | 169,821,000 |
| Total loans | 139,070,000 | 129,822,000 | 143,776,000 | 143,651,000 |
| Allowance for loan losses | 839,000 | 818,000 | 841,000 | 900,000 |
| Securities available for sale | 30,000 | 29,000 | 28,000 | 27,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,207,000 | 106,203,000 | 111,347,000 | 117,298,000 |
| Interest-bearing deposits | 86,734,000 | 84,450,000 | 91,084,000 | 99,044,000 |
| Noninterest-bearing deposits | 23,473,000 | 21,753,000 | 20,263,000 | 18,254,000 |
| Equity capital | 13,467,000 | 13,711,000 | 13,898,000 | 14,456,000 |
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 | 2,181,000 | 4,389,000 | 6,632,000 | 9,016,000 |
| Interest expense | 1,413,000 | 2,806,000 | 4,217,000 | 5,722,000 |
| Net interest income | 768,000 | 1,583,000 | 2,415,000 | 3,294,000 |
| Noninterest income | 3,868,000 | 7,835,000 | 12,322,000 | 17,781,000 |
| Noninterest expense | 4,466,000 | 8,973,000 | 14,037,000 | 19,650,000 |
| Provision for loan losses | 5,000 | -16,000 | 8,000 | 68,000 |
| Pretax income | 165,000 | 461,000 | 692,000 | 1,357,000 |
| Income tax | 55,000 | 107,000 | 150,000 | 258,000 |
| Net income | 110,000 | 354,000 | 542,000 | 1,099,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,467,000 | 13,711,000 | 13,898,000 | 14,456,000 |
| Total capital | 14,306,000 | 14,529,000 | 14,739,000 | 15,357,000 |
| Risk-weighted assets | 92,693,000 | 88,098,000 | 96,010,000 | 96,981,000 |