Call reports 2008
UNION BANKING COMPANY, THE — 2008
What UNION BANKING COMPANY, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 76,421,000 | 72,884,000 | 72,446,000 | 70,222,000 |
| Total loans | 10,947,000 | 10,982,000 | 11,022,000 | 10,711,000 |
| Allowance for loan losses | 113,000 | 125,000 | 95,000 | 170,000 |
| Securities available for sale | 51,638,000 | 48,942,000 | 48,002,000 | 44,555,000 |
| Securities held to maturity | 8,668,000 | 8,535,000 | 8,472,000 | 8,680,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,361,000 | 33,507,000 | 34,205,000 | 32,130,000 |
| Interest-bearing deposits | 31,624,000 | 30,591,000 | 31,433,000 | 28,910,000 |
| Noninterest-bearing deposits | 2,737,000 | 2,916,000 | 2,772,000 | 3,220,000 |
| Equity capital | 6,635,000 | 4,783,000 | 5,333,000 | 6,166,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 973,000 | 1,944,000 | 2,892,000 | 3,784,000 |
| Interest expense | 732,000 | 1,444,000 | 2,110,000 | 2,745,000 |
| Net interest income | 241,000 | 500,000 | 782,000 | 1,039,000 |
| Noninterest income | 29,000 | 59,000 | 91,000 | 123,000 |
| Noninterest expense | 186,000 | 383,000 | 567,000 | 785,000 |
| Provision for loan losses | 0 | 13,000 | 13,000 | 87,000 |
| Pretax income | 87,000 | 166,000 | 296,000 | 303,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 87,000 | 166,000 | 296,000 | 303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,793,000 | 5,723,000 | 5,704,000 | 5,562,000 |
| Total capital | 5,906,000 | 5,848,000 | 5,799,000 | 5,732,000 |
| Risk-weighted assets | 24,492,000 | 24,359,000 | 24,291,000 | 23,358,000 |