Call reports 2008
UNION STATE BANK — 2008
What UNION STATE BANK 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 | 23,451,000 | 24,818,000 | 24,139,000 | 24,669,000 |
| Total loans | 11,087,000 | 10,663,000 | 10,558,000 | 11,146,000 |
| Allowance for loan losses | 110,000 | 111,000 | 107,000 | 117,000 |
| Securities available for sale | 8,009,000 | 9,496,000 | 9,190,000 | 9,673,000 |
| Securities held to maturity | 1,599,000 | 1,952,000 | 1,841,000 | 1,716,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,711,000 | 21,169,000 | 20,382,000 | 20,684,000 |
| Interest-bearing deposits | 16,259,000 | 17,558,000 | 16,971,000 | 16,683,000 |
| Noninterest-bearing deposits | 3,452,000 | 3,611,000 | 3,411,000 | 4,001,000 |
| Equity capital | 3,592,000 | 3,525,000 | 3,613,000 | 3,868,000 |
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 | 374,000 | 740,000 | 1,117,000 | 1,483,000 |
| Interest expense | 142,000 | 288,000 | 428,000 | 558,000 |
| Net interest income | 232,000 | 452,000 | 689,000 | 925,000 |
| Noninterest income | 25,000 | 50,000 | 78,000 | 101,000 |
| Noninterest expense | 143,000 | 276,000 | 422,000 | 557,000 |
| Provision for loan losses | 0 | 0 | 0 | 24,000 |
| Pretax income | 114,000 | 226,000 | 345,000 | 445,000 |
| Income tax | 6,000 | 7,000 | 10,000 | 18,000 |
| Net income | 108,000 | 219,000 | 335,000 | 427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,479,000 | 3,570,000 | 3,666,000 | 3,738,000 |
| Total capital | 3,589,000 | 3,681,000 | 3,773,000 | 3,855,000 |
| Risk-weighted assets | 12,855,000 | 12,838,000 | 12,622,000 | 13,041,000 |