Call reports 2024
UNITED CUMBERLAND BANK — 2024
What UNITED CUMBERLAND 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 | 409,680,000 | 402,133,000 | 415,704,000 | 424,425,000 |
| Total loans | 276,859,000 | 282,849,000 | 295,331,000 | 304,877,000 |
| Allowance for loan losses | 3,868,000 | 4,181,000 | 4,099,000 | 4,244,000 |
| Securities available for sale | 78,543,000 | 79,679,000 | 79,756,000 | 75,539,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 359,520,000 | 352,042,000 | 362,579,000 | 367,432,000 |
| Interest-bearing deposits | 273,311,000 | 264,029,000 | 280,113,000 | 286,002,000 |
| Noninterest-bearing deposits | 86,209,000 | 88,013,000 | 82,466,000 | 81,430,000 |
| Equity capital | 40,081,000 | 41,145,000 | 44,092,000 | 43,679,000 |
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 | 5,313,000 | 10,774,000 | 16,510,000 | 22,444,000 |
| Interest expense | 1,356,000 | 2,688,000 | 4,361,000 | 6,111,000 |
| Net interest income | 3,957,000 | 8,086,000 | 12,149,000 | 16,333,000 |
| Noninterest income | 954,000 | 1,920,000 | 2,916,000 | 4,005,000 |
| Noninterest expense | 2,866,000 | 5,768,000 | 8,826,000 | 11,896,000 |
| Provision for loan losses | 200,000 | 550,000 | 850,000 | 1,050,000 |
| Pretax income | 1,845,000 | 3,680,000 | 5,366,000 | 7,354,000 |
| Income tax | 42,000 | 82,000 | 118,000 | 126,000 |
| Net income | 1,803,000 | 3,598,000 | 5,248,000 | 7,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,470,000 | 48,215,000 | 48,865,000 | 49,445,000 |