Call reports 2024
UNITED BANK AND TRUST COMPANY — 2024
What UNITED BANK AND TRUST COMPANY 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 | 207,970,000 | 201,835,000 | 200,134,000 | 205,525,000 |
| Total loans | 113,018,000 | 112,525,000 | 114,553,000 | 116,056,000 |
| Allowance for loan losses | 1,637,000 | 1,651,000 | 1,665,000 | 1,680,000 |
| Securities available for sale | 70,449,000 | 66,827,000 | 66,338,000 | 62,985,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,810,000 | 178,165,000 | 174,136,000 | 180,797,000 |
| Interest-bearing deposits | 145,824,000 | 146,393,000 | 144,076,000 | 147,251,000 |
| Noninterest-bearing deposits | 37,986,000 | 31,772,000 | 30,060,000 | 33,546,000 |
| Equity capital | 21,764,000 | 21,233,000 | 23,472,000 | 22,155,000 |
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 | 2,140,000 | 4,407,000 | 6,662,000 | 8,997,000 |
| Interest expense | 756,000 | 1,591,000 | 2,468,000 | 3,377,000 |
| Net interest income | 1,384,000 | 2,816,000 | 4,194,000 | 5,620,000 |
| Noninterest income | 89,000 | 163,000 | 240,000 | 327,000 |
| Noninterest expense | 839,000 | 1,513,000 | 2,203,000 | 2,909,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 612,000 | 1,429,000 | 2,175,000 | 2,966,000 |
| Income tax | 27,000 | 63,000 | 96,000 | 131,000 |
| Net income | 585,000 | 1,366,000 | 2,079,000 | 2,835,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,998,000 | 30,030,000 | 30,317,000 | 30,649,000 |