Call reports 2020
UNITED REPUBLIC BANK — 2020
What UNITED REPUBLIC BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 134,953,000 | 139,966,000 | 143,620,000 | 148,418,000 |
| Total loans | 103,534,000 | 104,049,000 | 107,840,000 | 117,981,000 |
| Allowance for loan losses | 643,000 | 718,000 | 793,000 | 1,068,000 |
| Securities available for sale | 16,594,000 | 15,671,000 | 15,213,000 | 15,311,000 |
| Securities held to maturity | 97,000 | 87,000 | 75,000 | 66,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,781,000 | 115,286,000 | 118,850,000 | 123,483,000 |
| Interest-bearing deposits | 101,298,000 | 103,005,000 | 108,405,000 | 109,593,000 |
| Noninterest-bearing deposits | 9,483,000 | 12,281,000 | 10,445,000 | 13,890,000 |
| Equity capital | 19,343,000 | 19,749,000 | 20,079,000 | 20,346,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,565,000 | 3,085,000 | 4,608,000 | 6,126,000 |
| Interest expense | 540,000 | 1,005,000 | 1,417,000 | 1,783,000 |
| Net interest income | 1,025,000 | 2,080,000 | 3,191,000 | 4,343,000 |
| Noninterest income | 65,000 | 85,000 | 122,000 | 223,000 |
| Noninterest expense | 759,000 | 1,490,000 | 2,222,000 | 3,022,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 256,000 | 525,000 | 866,000 | 1,244,000 |
| Income tax | 57,000 | 116,000 | 188,000 | 259,000 |
| Net income | 199,000 | 409,000 | 678,000 | 985,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,311,000 | 14,530,000 | 14,809,000 | 15,127,000 |