Call reports 2024
UNION STATE BANK — 2024
What UNION STATE 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 | 109,775,000 | 110,432,000 | 111,388,000 | 114,877,000 |
| Total loans | 70,357,000 | 69,898,000 | 72,189,000 | 72,170,000 |
| Allowance for loan losses | 727,000 | 723,000 | 725,000 | 731,000 |
| Securities available for sale | 31,946,000 | 31,153,000 | 31,549,000 | 30,294,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,807,000 | 92,262,000 | 92,328,000 | 96,066,000 |
| Interest-bearing deposits | 74,049,000 | 74,180,000 | 74,760,000 | 79,069,000 |
| Noninterest-bearing deposits | 17,758,000 | 18,082,000 | 17,568,000 | 16,997,000 |
| Equity capital | 8,889,000 | 8,968,000 | 9,782,000 | 9,411,000 |
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 | 1,267,000 | 2,599,000 | 3,968,000 | 5,398,000 |
| Interest expense | 540,000 | 1,080,000 | 1,618,000 | 2,160,000 |
| Net interest income | 727,000 | 1,519,000 | 2,350,000 | 3,238,000 |
| Noninterest income | 112,000 | 218,000 | 344,000 | 406,000 |
| Noninterest expense | 681,000 | 1,414,000 | 2,216,000 | 2,932,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 64,000 | 230,000 | 385,000 | 619,000 |
| Income tax | 4,000 | 31,000 | 72,000 | 78,000 |
| Net income | 60,000 | 199,000 | 313,000 | 541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,488,000 | 12,595,000 | 12,709,000 | 12,881,000 |