Call reports 2023
UNITED SECURITY BANK — 2023
What UNITED SECURITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,261,853,000 | 1,289,544,000 | 1,273,745,000 | 1,210,138,000 |
| Total loans | 942,727,000 | 960,122,000 | 972,872,000 | 920,042,000 |
| Allowance for loan losses | 15,622,000 | 16,110,000 | 15,649,000 | 15,658,000 |
| Securities available for sale | 205,557,000 | 202,213,000 | 184,641,000 | 181,267,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,114,361,000 | 1,049,828,000 | 990,713,000 | 1,007,813,000 |
| Interest-bearing deposits | 716,387,000 | 641,821,000 | 601,373,000 | 601,252,000 |
| Noninterest-bearing deposits | 397,974,000 | 408,007,000 | 389,340,000 | 406,561,000 |
| Equity capital | 121,801,000 | 124,375,000 | 124,001,000 | 131,810,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 14,560,000 | 29,649,000 | 44,978,000 | 60,391,000 |
| Interest expense | 1,427,000 | 3,818,000 | 7,016,000 | 10,257,000 |
| Net interest income | 13,133,000 | 25,831,000 | 37,962,000 | 50,134,000 |
| Noninterest income | 1,004,000 | 2,211,000 | 3,044,000 | 5,016,000 |
| Noninterest expense | 6,047,000 | 12,194,000 | 18,538,000 | 25,242,000 |
| Provision for loan losses | -493,000 | 462,000 | 468,000 | 1,455,000 |
| Pretax income | 8,626,000 | 15,243,000 | 21,766,000 | 28,462,000 |
| Income tax | 2,515,000 | 4,433,000 | 6,319,000 | 7,972,000 |
| Net income | 6,111,000 | 10,810,000 | 15,447,000 | 20,490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 139,132,000 | 141,751,000 | 144,304,000 | 147,250,000 |