Call reports 2023
UNITED REPUBLIC BANK — 2023
What UNITED REPUBLIC 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 | 171,933,000 | 187,158,000 | 189,413,000 | 202,913,000 |
| Total loans | 134,045,000 | 141,656,000 | 150,822,000 | 164,983,000 |
| Allowance for loan losses | 2,010,000 | 1,963,000 | 2,001,000 | 2,102,000 |
| Securities available for sale | 17,948,000 | 17,292,000 | 16,390,000 | 16,470,000 |
| Securities held to maturity | 18,000 | 15,000 | 12,000 | 10,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,991,000 | 149,620,000 | 154,698,000 | 165,064,000 |
| Interest-bearing deposits | 127,468,000 | 134,883,000 | 136,778,000 | 147,489,000 |
| Noninterest-bearing deposits | 14,523,000 | 14,737,000 | 17,920,000 | 17,575,000 |
| Equity capital | 26,034,000 | 26,132,000 | 26,149,000 | 26,902,000 |
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 | 2,085,000 | 4,297,000 | 6,796,000 | 9,542,000 |
| Interest expense | 688,000 | 1,502,000 | 2,505,000 | 3,733,000 |
| Net interest income | 1,397,000 | 2,795,000 | 4,291,000 | 5,809,000 |
| Noninterest income | 41,000 | 109,000 | 130,000 | 189,000 |
| Noninterest expense | 1,012,000 | 2,009,000 | 3,123,000 | 4,221,000 |
| Provision for loan losses | 102,000 | 198,000 | 286,000 | 375,000 |
| Pretax income | 306,000 | 655,000 | 938,000 | 1,297,000 |
| Income tax | 61,000 | 129,000 | 189,000 | 257,000 |
| Net income | 245,000 | 526,000 | 749,000 | 1,040,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,451,000 | 22,642,000 | 22,875,000 | 23,176,000 |