Call reports 2024
UNITED COMMUNITY BANK — 2024
What UNITED COMMUNITY 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 | 643,709,000 | 618,596,000 | 618,995,000 | 621,539,000 |
| Total loans | 503,857,000 | 490,271,000 | 497,117,000 | 497,487,000 |
| Allowance for loan losses | 17,494,000 | 17,732,000 | 16,680,000 | 16,683,000 |
| Securities available for sale | 40,408,000 | 40,239,000 | 47,259,000 | 45,696,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 546,503,000 | 518,672,000 | 515,659,000 | 516,734,000 |
| Interest-bearing deposits | 379,331,000 | 354,389,000 | 350,926,000 | 352,724,000 |
| Noninterest-bearing deposits | 167,172,000 | 164,283,000 | 164,733,000 | 164,010,000 |
| Equity capital | 90,070,000 | 92,493,000 | 94,502,000 | 93,606,000 |
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 | 9,836,000 | 19,764,000 | 29,425,000 | 41,074,000 |
| Interest expense | 1,614,000 | 3,330,000 | 5,102,000 | 6,887,000 |
| Net interest income | 8,222,000 | 16,434,000 | 24,323,000 | 34,187,000 |
| Noninterest income | 1,201,000 | 2,071,000 | 2,371,000 | 3,784,000 |
| Noninterest expense | 5,798,000 | 11,355,000 | 17,183,000 | 23,933,000 |
| Provision for loan losses | 0 | 0 | 0 | -720,000 |
| Pretax income | 3,625,000 | 7,150,000 | 9,511,000 | 14,038,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,625,000 | 7,150,000 | 9,511,000 | 14,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,765,000 | 95,976,000 | 97,023,000 | 97,174,000 |