Call reports 2024
UNITED BANK — 2024
What UNITED 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 | 1,189,371,000 | 1,184,596,000 | 1,373,485,000 | 1,394,003,000 |
| Total loans | 769,769,000 | 788,760,000 | 858,491,000 | 873,259,000 |
| Allowance for loan losses | 10,685,000 | 11,115,000 | 12,089,000 | 12,383,000 |
| Securities available for sale | 230,364,000 | 239,715,000 | 285,173,000 | 261,601,000 |
| Securities held to maturity | 4,789,000 | 4,782,000 | 4,187,000 | 4,184,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,008,343,000 | 1,005,866,000 | 1,154,084,000 | 1,168,170,000 |
| Interest-bearing deposits | 528,691,000 | 539,334,000 | 608,440,000 | 616,268,000 |
| Noninterest-bearing deposits | 479,652,000 | 466,532,000 | 545,644,000 | 551,902,000 |
| Equity capital | 135,368,000 | 139,684,000 | 179,517,000 | 186,268,000 |
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 | 15,533,000 | 31,194,000 | 52,297,000 | 70,996,000 |
| Interest expense | 2,563,000 | 5,550,000 | 10,482,000 | 14,295,000 |
| Net interest income | 12,970,000 | 25,644,000 | 41,815,000 | 56,701,000 |
| Noninterest income | 2,000,000 | 4,293,000 | 8,864,000 | 21,758,000 |
| Noninterest expense | 7,374,000 | 15,870,000 | 27,210,000 | 40,451,000 |
| Provision for loan losses | 275,000 | 575,000 | 2,415,000 | 4,360,000 |
| Pretax income | 7,326,000 | 13,458,000 | 21,020,000 | 30,608,000 |
| Income tax | 1,689,000 | 3,018,000 | 4,699,000 | 6,835,000 |
| Net income | 5,637,000 | 10,440,000 | 16,321,000 | 23,773,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 158,003,000 | 162,853,000 | 193,609,000 | 204,919,000 |
| Total capital | 169,308,000 | 174,446,000 | 206,117,000 | 217,688,000 |
| Risk-weighted assets | 904,142,000 | 927,116,000 | 1,000,139,000 | 1,021,032,000 |