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Call reports 2023

UNITY BANK — 2023

What UNITY BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/6d060812-ef6f-440f-b975-9b4740045a53/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets599,430,000604,328,000603,355,000614,880,000
Total loans496,082,000515,089,000512,800,000516,554,000
Allowance for loan losses6,958,0007,027,0007,855,0007,886,000
Securities available for sale58,559,00058,446,00058,597,00058,701,000
Securities held to maturity0000
Trading assets0000
Total deposits524,357,000518,795,000514,126,000533,218,000
Interest-bearing deposits414,308,000416,988,000414,993,000428,573,000
Noninterest-bearing deposits110,049,000101,808,00099,133,000104,645,000
Equity capital55,133,00056,506,00056,840,00058,137,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income7,228,00015,216,00023,489,00031,822,000
Interest expense1,341,0003,406,0005,953,0008,804,000
Net interest income5,887,00011,810,00017,536,00023,018,000
Noninterest income507,0001,130,0001,735,0002,283,000
Noninterest expense4,550,0009,007,00013,582,00018,360,000
Provision for loan losses128,000206,0001,221,0001,299,000
Pretax income1,729,0003,754,0004,511,0005,720,000
Income tax14,00015,00021,00028,000
Net income1,715,0003,739,0004,490,0005,692,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital56,110,00057,640,00057,899,00058,508,000
Total capital62,111,00063,878,00064,197,00064,861,000
Risk-weighted assets479,095,000498,293,000502,258,000506,701,000