Call reports 2024
UNITED REPUBLIC BANK — 2024
What UNITED REPUBLIC 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 | 208,403,000 | 209,914,000 | 210,295,000 | 209,379,000 |
| Total loans | 166,520,000 | 167,536,000 | 161,008,000 | 159,723,000 |
| Allowance for loan losses | 2,316,000 | 2,454,000 | 2,589,000 | 2,341,000 |
| Securities available for sale | 18,161,000 | 17,643,000 | 21,618,000 | 20,499,000 |
| Securities held to maturity | 9,000 | 8,000 | 7,000 | 7,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,723,000 | 169,011,000 | 166,719,000 | 166,053,000 |
| Interest-bearing deposits | 150,195,000 | 153,637,000 | 152,766,000 | 155,044,000 |
| Noninterest-bearing deposits | 17,528,000 | 15,374,000 | 13,953,000 | 11,009,000 |
| Equity capital | 27,131,000 | 27,280,000 | 27,854,000 | 28,007,000 |
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 | 2,985,000 | 5,945,000 | 9,047,000 | 11,998,000 |
| Interest expense | 1,538,000 | 3,147,000 | 4,820,000 | 6,408,000 |
| Net interest income | 1,447,000 | 2,798,000 | 4,227,000 | 5,590,000 |
| Noninterest income | 136,000 | 172,000 | 265,000 | 417,000 |
| Noninterest expense | 1,151,000 | 2,224,000 | 3,405,000 | 4,264,000 |
| Provision for loan losses | 180,000 | 334,000 | 469,000 | 591,000 |
| Pretax income | 312,000 | 476,000 | 697,000 | 1,233,000 |
| Income tax | 66,000 | 76,000 | 118,000 | 215,000 |
| Net income | 246,000 | 400,000 | 579,000 | 1,018,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,433,000 | 23,596,000 | 23,785,000 | 24,234,000 |