Call reports 2022
UNITED REPUBLIC BANK — 2022
What UNITED REPUBLIC BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 154,316,000 | 168,158,000 | 174,877,000 | 172,447,000 |
| Total loans | 112,316,000 | 132,244,000 | 139,221,000 | 137,505,000 |
| Allowance for loan losses | 1,476,000 | 1,567,000 | 1,687,000 | 1,908,000 |
| Securities available for sale | 21,921,000 | 20,409,000 | 18,954,000 | 18,280,000 |
| Securities held to maturity | 33,000 | 28,000 | 24,000 | 21,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,857,000 | 137,708,000 | 139,907,000 | 139,022,000 |
| Interest-bearing deposits | 111,088,000 | 123,832,000 | 125,942,000 | 126,302,000 |
| Noninterest-bearing deposits | 13,769,000 | 13,876,000 | 13,965,000 | 12,720,000 |
| Equity capital | 25,345,000 | 25,319,000 | 25,281,000 | 25,671,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,434,000 | 3,123,000 | 5,115,000 | 7,199,000 |
| Interest expense | 214,000 | 474,000 | 804,000 | 1,309,000 |
| Net interest income | 1,220,000 | 2,649,000 | 4,311,000 | 5,890,000 |
| Noninterest income | 15,000 | -25,000 | 14,000 | 54,000 |
| Noninterest expense | 839,000 | 1,705,000 | 2,622,000 | 3,605,000 |
| Provision for loan losses | 75,000 | 165,000 | 285,000 | 505,000 |
| Pretax income | 321,000 | 754,000 | 1,418,000 | 1,834,000 |
| Income tax | 72,000 | 177,000 | 315,000 | 399,000 |
| Net income | 249,000 | 577,000 | 1,103,000 | 1,435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,187,000 | 21,525,000 | 22,062,000 | 22,272,000 |