Call reports 2024
UNION BANK COMPANY, THE — 2024
What UNION BANK COMPANY, THE 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 | 1,060,515,000 | 1,141,892,000 | 1,227,363,000 | 1,185,484,000 |
| Total loans | 705,144,000 | 720,941,000 | 722,274,000 | 766,987,000 |
| Allowance for loan losses | 8,575,000 | 8,490,000 | 8,331,000 | 7,937,000 |
| Securities available for sale | 240,875,000 | 236,012,000 | 243,323,000 | 235,240,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 949,022,000 | 1,030,435,000 | 1,107,578,000 | 1,071,720,000 |
| Interest-bearing deposits | 791,257,000 | 866,360,000 | 942,841,000 | 908,563,000 |
| Noninterest-bearing deposits | 157,765,000 | 164,075,000 | 164,737,000 | 163,157,000 |
| Equity capital | 104,604,000 | 103,899,000 | 111,907,000 | 105,958,000 |
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 | 11,846,000 | 24,317,000 | 38,619,000 | 53,172,000 |
| Interest expense | 4,385,000 | 9,102,000 | 14,753,000 | 19,667,000 |
| Net interest income | 7,461,000 | 15,215,000 | 23,866,000 | 33,505,000 |
| Noninterest income | 2,295,000 | 4,343,000 | 6,432,000 | 8,534,000 |
| Noninterest expense | 7,879,000 | 15,645,000 | 23,797,000 | 32,272,000 |
| Provision for loan losses | -301,000 | -386,000 | -547,000 | -924,000 |
| Pretax income | 2,159,000 | 4,381,000 | 7,289,000 | 10,873,000 |
| Income tax | 210,000 | 470,000 | 810,000 | 1,205,000 |
| Net income | 1,949,000 | 3,911,000 | 6,479,000 | 9,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,627,000 | 109,899,000 | 110,661,000 | 112,028,000 |
| Total capital | 118,275,000 | 118,757,000 | 119,323,000 | 120,540,000 |
| Risk-weighted assets | 691,197,000 | 708,361,000 | 692,774,000 | 730,150,000 |