Call reports 2023
UNITED CUMBERLAND BANK — 2023
What UNITED CUMBERLAND BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 380,637,000 | 378,530,000 | 379,240,000 | 393,950,000 |
| Total loans | 251,127,000 | 259,000,000 | 263,782,000 | 269,182,000 |
| Allowance for loan losses | 3,585,000 | 3,695,000 | 3,825,000 | 3,836,000 |
| Securities available for sale | 78,944,000 | 75,386,000 | 74,073,000 | 77,169,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 331,321,000 | 330,577,000 | 331,802,000 | 343,866,000 |
| Interest-bearing deposits | 241,691,000 | 242,252,000 | 249,376,000 | 260,945,000 |
| Noninterest-bearing deposits | 89,630,000 | 88,325,000 | 82,426,000 | 82,921,000 |
| Equity capital | 36,716,000 | 37,016,000 | 36,458,000 | 39,921,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,212,000 | 8,794,000 | 13,445,000 | 18,457,000 |
| Interest expense | 379,000 | 837,000 | 1,579,000 | 2,619,000 |
| Net interest income | 3,833,000 | 7,957,000 | 11,866,000 | 15,838,000 |
| Noninterest income | 950,000 | 1,855,000 | 2,867,000 | 3,872,000 |
| Noninterest expense | 2,805,000 | 5,590,000 | 8,441,000 | 11,266,000 |
| Provision for loan losses | 150,000 | 274,000 | 464,000 | 614,000 |
| Pretax income | 1,828,000 | 3,896,000 | 5,766,000 | 7,756,000 |
| Income tax | 27,000 | 81,000 | 120,000 | 162,000 |
| Net income | 1,801,000 | 3,815,000 | 5,646,000 | 7,594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,172,000 | 46,086,000 | 46,516,000 | 47,067,000 |