Call reports 2024
UNITY BANK — 2024
What UNITY 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 | 620,653,000 | 625,564,000 | 635,578,000 | 637,373,000 |
| Total loans | 523,502,000 | 518,563,000 | 512,910,000 | 493,406,000 |
| Allowance for loan losses | 7,742,000 | 7,814,000 | 5,855,000 | 5,714,000 |
| Securities available for sale | 56,383,000 | 56,868,000 | 58,088,000 | 60,232,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 525,674,000 | 530,449,000 | 541,094,000 | 542,547,000 |
| Interest-bearing deposits | 430,887,000 | 438,996,000 | 451,017,000 | 455,319,000 |
| Noninterest-bearing deposits | 94,787,000 | 91,453,000 | 90,077,000 | 87,228,000 |
| Equity capital | 57,411,000 | 59,640,000 | 61,735,000 | 61,671,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,649,000 | 17,450,000 | 26,614,000 | 36,029,000 |
| Interest expense | 2,991,000 | 6,269,000 | 9,639,000 | 13,024,000 |
| Net interest income | 5,658,000 | 11,181,000 | 16,975,000 | 23,005,000 |
| Noninterest income | 517,000 | 2,233,000 | 2,931,000 | 3,385,000 |
| Noninterest expense | 4,931,000 | 9,729,000 | 14,722,000 | 19,916,000 |
| Provision for loan losses | 84,000 | 168,000 | 452,000 | 336,000 |
| Pretax income | 1,160,000 | 3,488,000 | 4,726,000 | 6,140,000 |
| Income tax | 16,000 | 22,000 | 29,000 | 36,000 |
| Net income | 1,144,000 | 3,466,000 | 4,697,000 | 6,104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,860,000 | 59,968,000 | 61,027,000 | 61,440,000 |
| Total capital | 64,268,000 | 66,384,000 | 66,882,000 | 67,154,000 |
| Risk-weighted assets | 511,305,000 | 511,843,000 | 501,745,000 | 479,681,000 |