Call reports 2024
UNITED SECURITY BANK — 2024
What UNITED SECURITY 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 | 91,624,000 | 92,451,000 | 93,256,000 | 93,397,000 |
| Total loans | 60,822,000 | 63,434,000 | 64,940,000 | 66,869,000 |
| Allowance for loan losses | 875,000 | 895,000 | 914,000 | 912,000 |
| Securities available for sale | 24,513,000 | 24,143,000 | 24,942,000 | 21,995,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,965,000 | 74,643,000 | 71,713,000 | 74,921,000 |
| Interest-bearing deposits | 59,010,000 | 53,715,000 | 51,632,000 | 53,166,000 |
| Noninterest-bearing deposits | 17,955,000 | 20,928,000 | 20,081,000 | 21,755,000 |
| Equity capital | 8,457,000 | 8,539,000 | 9,552,000 | 9,137,000 |
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 | 1,083,000 | 2,232,000 | 3,431,000 | 4,673,000 |
| Interest expense | 502,000 | 939,000 | 1,417,000 | 1,923,000 |
| Net interest income | 581,000 | 1,293,000 | 2,014,000 | 2,750,000 |
| Noninterest income | 49,000 | 110,000 | 188,000 | 232,000 |
| Noninterest expense | 466,000 | 946,000 | 1,421,000 | 1,970,000 |
| Provision for loan losses | 9,000 | 29,000 | 47,000 | 84,000 |
| Pretax income | 155,000 | 428,000 | 734,000 | 862,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 155,000 | 428,000 | 734,000 | 862,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,587,000 | 10,861,000 | 11,166,000 | 11,294,000 |
| Total capital | — | — | 11,951,000 | — |
| Risk-weighted assets | — | — | 62,680,000 | — |