Call reports 2024
UNITY BANK — 2024
What UNITY 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 | 2,558,736,000 | 2,589,361,000 | 2,627,844,000 | 2,646,255,000 |
| Total loans | 2,175,601,000 | 2,171,518,000 | 2,218,918,000 | 2,261,785,000 |
| Allowance for loan losses | 26,080,000 | 26,107,000 | 27,002,000 | 26,788,000 |
| Securities available for sale | 93,935,000 | 99,081,000 | 97,651,000 | 93,884,000 |
| Securities held to maturity | 36,089,000 | 36,157,000 | 36,225,000 | 41,294,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,961,431,000 | 2,010,976,000 | 2,046,700,000 | 2,100,561,000 |
| Interest-bearing deposits | 1,565,750,000 | 1,588,830,000 | 1,622,169,000 | 1,659,510,000 |
| Noninterest-bearing deposits | 395,681,000 | 422,146,000 | 424,531,000 | 441,051,000 |
| Equity capital | 268,637,000 | 274,600,000 | 286,657,000 | 297,853,000 |
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 | 38,166,000 | 76,512,000 | 116,379,000 | 157,180,000 |
| Interest expense | 13,952,000 | 28,349,000 | 42,855,000 | 56,473,000 |
| Net interest income | 24,214,000 | 48,163,000 | 73,524,000 | 100,707,000 |
| Noninterest income | 1,389,000 | 3,025,000 | 4,971,000 | 6,292,000 |
| Noninterest expense | 12,244,000 | 24,294,000 | 36,415,000 | 49,112,000 |
| Provision for loan losses | 641,000 | 908,000 | 1,937,000 | 2,407,000 |
| Pretax income | 12,665,000 | 25,214,000 | 39,543,000 | 53,855,000 |
| Income tax | 3,171,000 | 6,274,000 | 9,878,000 | 12,819,000 |
| Net income | 9,494,000 | 18,940,000 | 29,665,000 | 41,036,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 269,759,000 | 275,987,000 | 287,197,000 | 298,342,000 |
| Total capital | 295,499,000 | 301,702,000 | 313,386,000 | 324,763,000 |
| Risk-weighted assets | 2,058,242,000 | 2,056,071,000 | 2,093,608,000 | 2,112,664,000 |