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 | 36,954,000 | 37,177,000 | 38,522,000 | 38,388,000 |
| Total loans | 14,706,000 | 14,696,000 | 14,711,000 | 17,060,000 |
| Allowance for loan losses | 695,000 | 700,000 | 700,000 | 701,000 |
| Securities available for sale | 11,624,000 | 11,722,000 | 12,167,000 | 10,375,000 |
| Securities held to maturity | 1,577,000 | 1,577,000 | 1,056,000 | 1,003,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,085,000 | 33,212,000 | 33,986,000 | 34,175,000 |
| Interest-bearing deposits | 24,857,000 | 25,138,000 | 25,724,000 | 25,400,000 |
| Noninterest-bearing deposits | 8,228,000 | 8,074,000 | 8,262,000 | 8,775,000 |
| Equity capital | 3,736,000 | 3,890,000 | 4,377,000 | 4,130,000 |
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 | 394,000 | 807,000 | 1,231,000 | 1,678,000 |
| Interest expense | 119,000 | 248,000 | 385,000 | 526,000 |
| Net interest income | 275,000 | 559,000 | 846,000 | 1,152,000 |
| Noninterest income | 7,000 | 15,000 | 23,000 | 33,000 |
| Noninterest expense | 199,000 | 382,000 | 566,000 | 767,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 83,000 | 192,000 | 303,000 | 418,000 |
| Income tax | 4,000 | 10,000 | 15,000 | 16,000 |
| Net income | 79,000 | 182,000 | 288,000 | 402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,888,000 | 4,971,000 | 5,057,000 | 5,115,000 |
| Total capital | 5,096,000 | 5,179,000 | 5,264,000 | 5,362,000 |
| Risk-weighted assets | 16,177,000 | 16,149,000 | 16,090,000 | 19,415,000 |