Call reports 2003
UNION BANKING COMPANY, THE — 2003
What UNION BANKING COMPANY, THE 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 | 86,586,000 | 86,889,000 | 85,373,000 | 85,819,000 |
| Total loans | 18,370,000 | 17,993,000 | 16,678,000 | 15,881,000 |
| Allowance for loan losses | 142,000 | 110,000 | 108,000 | 109,000 |
| Securities available for sale | 55,272,000 | 56,327,000 | 56,192,000 | 57,614,000 |
| Securities held to maturity | 8,044,000 | 7,683,000 | 7,299,000 | 6,772,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,030,000 | 40,616,000 | 40,034,000 | 40,708,000 |
| Interest-bearing deposits | 38,621,000 | 37,536,000 | 37,678,000 | 37,678,000 |
| Noninterest-bearing deposits | 2,409,000 | 3,080,000 | 2,356,000 | 3,030,000 |
| Equity capital | 7,262,000 | 7,574,000 | 6,616,000 | 6,817,000 |
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 | 1,043,000 | 2,043,000 | 3,001,000 | 4,020,000 |
| Interest expense | 723,000 | 1,428,000 | 2,115,000 | 2,785,000 |
| Net interest income | 320,000 | 615,000 | 886,000 | 1,235,000 |
| Noninterest income | 38,000 | 75,000 | 114,000 | 150,000 |
| Noninterest expense | 161,000 | 309,000 | 470,000 | 687,000 |
| Provision for loan losses | 0 | 0 | 0 | 3,000 |
| Pretax income | 329,000 | 601,000 | 818,000 | 987,000 |
| Income tax | 0 | 2,000 | 3,000 | 5,000 |
| Net income | 329,000 | 599,000 | 815,000 | 982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,911,000 | 6,009,000 | 5,996,000 | 6,052,000 |
| Total capital | 6,053,000 | 6,119,000 | 6,104,000 | 6,161,000 |
| Risk-weighted assets | 26,883,000 | 27,405,000 | 27,718,000 | 28,523,000 |