Call reports 2023
UNITED SECURITY BANK — 2023
What UNITED SECURITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 85,242,000 | 86,202,000 | 86,558,000 | 90,342,000 |
| Total loans | 55,972,000 | 56,394,000 | 58,292,000 | 59,694,000 |
| Allowance for loan losses | 809,000 | 830,000 | 850,000 | 888,000 |
| Securities available for sale | 25,338,000 | 24,885,000 | 23,641,000 | 24,889,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,846,000 | 65,111,000 | 69,728,000 | 67,145,000 |
| Interest-bearing deposits | 48,568,000 | 46,573,000 | 48,966,000 | 48,620,000 |
| Noninterest-bearing deposits | 21,278,000 | 18,538,000 | 20,762,000 | 18,525,000 |
| Equity capital | 7,806,000 | 7,724,000 | 6,816,000 | 8,446,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 879,000 | 1,810,000 | 2,787,000 | 3,826,000 |
| Interest expense | 186,000 | 492,000 | 887,000 | 1,300,000 |
| Net interest income | 693,000 | 1,318,000 | 1,900,000 | 2,526,000 |
| Noninterest income | 39,000 | 78,000 | 147,000 | 192,000 |
| Noninterest expense | 451,000 | 899,000 | 1,336,000 | 1,851,000 |
| Provision for loan losses | 0 | 9,000 | 49,000 | 65,000 |
| Pretax income | 281,000 | 488,000 | 662,000 | 802,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 281,000 | 488,000 | 662,000 | 802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,907,000 | 10,114,000 | 10,283,000 | 10,428,000 |