Call reports 2024
UNITED SECURITY BANK — 2024
What UNITED SECURITY 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 | 1,206,817,000 | 1,220,180,000 | 1,255,200,000 | 1,211,826,000 |
| Total loans | 929,413,000 | 949,413,000 | 975,151,000 | 928,462,000 |
| Allowance for loan losses | 15,451,000 | 15,323,000 | 16,523,000 | 16,046,000 |
| Securities available for sale | 165,166,000 | 162,916,000 | 165,211,000 | 157,382,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 958,905,000 | 1,009,315,000 | 1,068,839,000 | 1,060,475,000 |
| Interest-bearing deposits | 602,783,000 | 633,728,000 | 704,904,000 | 697,470,000 |
| Noninterest-bearing deposits | 356,122,000 | 375,587,000 | 363,935,000 | 363,005,000 |
| Equity capital | 133,784,000 | 137,154,000 | 141,402,000 | 139,845,000 |
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 | 14,886,000 | 29,871,000 | 45,644,000 | 60,798,000 |
| Interest expense | 2,956,000 | 6,203,000 | 9,930,000 | 13,083,000 |
| Net interest income | 11,930,000 | 23,668,000 | 35,714,000 | 47,715,000 |
| Noninterest income | 1,227,000 | 2,910,000 | 3,979,000 | 5,090,000 |
| Noninterest expense | 6,541,000 | 13,269,000 | 20,259,000 | 27,549,000 |
| Provision for loan losses | 87,000 | 306,000 | 2,140,000 | 3,021,000 |
| Pretax income | 6,481,000 | 13,152,000 | 17,937,000 | 22,263,000 |
| Income tax | 1,880,000 | 3,815,000 | 5,017,000 | 6,112,000 |
| Net income | 4,601,000 | 9,337,000 | 12,920,000 | 16,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 148,798,000 | 151,452,000 | 151,628,000 | 153,601,000 |