Call reports 2003
UNION STATE BANK — 2003
What UNION STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 43,911,000 | 45,162,000 | 44,972,000 | 45,430,000 |
| Total loans | 19,587,000 | 18,933,000 | 19,928,000 | 21,422,000 |
| Allowance for loan losses | 335,000 | 328,000 | 346,000 | 351,000 |
| Securities available for sale | 17,615,000 | 18,883,000 | 19,090,000 | 18,785,000 |
| Securities held to maturity | 0 | 0 | 104,000 | 380,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,472,000 | 38,079,000 | 38,398,000 | 38,678,000 |
| Interest-bearing deposits | 31,620,000 | 31,382,000 | 32,408,000 | 33,003,000 |
| Noninterest-bearing deposits | 5,852,000 | 6,697,000 | 5,990,000 | 5,675,000 |
| Equity capital | 5,906,000 | 6,348,000 | 6,144,000 | 6,199,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 664,000 | 1,334,000 | 1,986,000 | 2,643,000 |
| Interest expense | 210,000 | 406,000 | 595,000 | 775,000 |
| Net interest income | 454,000 | 928,000 | 1,391,000 | 1,868,000 |
| Noninterest income | 45,000 | 105,000 | 155,000 | 207,000 |
| Noninterest expense | 332,000 | 701,000 | 1,058,000 | 1,487,000 |
| Provision for loan losses | 20,000 | 39,000 | 59,000 | 78,000 |
| Pretax income | 151,000 | 292,000 | 435,000 | 515,000 |
| Income tax | 16,000 | 33,000 | 48,000 | 35,000 |
| Net income | 135,000 | 259,000 | 387,000 | 480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,551,000 | 5,660,000 | 5,788,000 | 5,821,000 |
| Total capital | 5,862,000 | 5,975,000 | 6,118,000 | 6,159,000 |
| Risk-weighted assets | 24,855,000 | 25,195,000 | 26,369,000 | 27,040,000 |