Call reports 2020
UNION STATE BANK — 2020
What UNION STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 84,162,000 | 96,804,000 | 97,754,000 | 106,460,000 |
| Total loans | 59,689,000 | 63,794,000 | 66,656,000 | 69,821,000 |
| Allowance for loan losses | 785,000 | 850,000 | 856,000 | 906,000 |
| Securities available for sale | 16,550,000 | 16,787,000 | 20,434,000 | 19,919,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,621,000 | 77,697,000 | 79,707,000 | 86,302,000 |
| Interest-bearing deposits | 57,011,000 | 59,225,000 | 62,988,000 | 67,957,000 |
| Noninterest-bearing deposits | 11,610,000 | 18,472,000 | 16,719,000 | 18,345,000 |
| Equity capital | 10,751,000 | 11,136,000 | 11,234,000 | 11,322,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 914,000 | 2,054,000 | 2,983,000 | 3,870,000 |
| Interest expense | 189,000 | 352,000 | 505,000 | 637,000 |
| Net interest income | 725,000 | 1,702,000 | 2,478,000 | 3,233,000 |
| Noninterest income | 91,000 | 199,000 | 292,000 | 377,000 |
| Noninterest expense | 675,000 | 1,321,000 | 1,998,000 | 2,670,000 |
| Provision for loan losses | 45,000 | 110,000 | 185,000 | 260,000 |
| Pretax income | 102,000 | 476,000 | 593,000 | 688,000 |
| Income tax | 19,000 | 127,000 | 136,000 | 149,000 |
| Net income | 83,000 | 349,000 | 457,000 | 539,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,336,000 | 10,571,000 | 10,679,000 | 10,700,000 |