Call reports 2014
UNION FEDERAL SAVINGS BANK — 2014
What UNION FEDERAL SAVINGS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 194,701,000 | 190,617,000 | 176,065,000 | 146,161,000 |
| Total loans | 56,900,000 | 38,315,000 | 36,619,000 | 17,342,000 |
| Allowance for loan losses | 924,000 | 0 | 0 | 0 |
| Securities available for sale | 62,563,000 | 62,309,000 | 59,150,000 | 334,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,600,000 | 162,878,000 | 149,625,000 | 121,671,000 |
| Interest-bearing deposits | 167,570,000 | 162,861,000 | 149,508,000 | 121,625,000 |
| Noninterest-bearing deposits | 30,000 | 17,000 | 117,000 | 46,000 |
| Equity capital | 25,463,000 | 25,979,000 | 23,313,000 | 23,265,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,717,000 | 2,880,000 | 3,796,000 | 4,414,000 |
| Interest expense | 370,000 | 929,000 | 1,226,000 | 1,493,000 |
| Net interest income | 1,347,000 | 1,951,000 | 2,570,000 | 2,921,000 |
| Noninterest income | 1,480,000 | 2,163,000 | -159,000 | 394,000 |
| Noninterest expense | 702,000 | 1,542,000 | 2,359,000 | 3,025,000 |
| Provision for loan losses | -102,000 | -74,000 | -74,000 | -74,000 |
| Pretax income | 2,066,000 | 1,544,000 | -1,241,000 | -870,000 |
| Income tax | 162,000 | 210,000 | 211,000 | 211,000 |
| Net income | 1,904,000 | 1,334,000 | -1,452,000 | -1,081,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,250,000 | 25,680,000 | 22,894,000 | 23,265,000 |
| Total capital | 26,870,000 | 25,653,000 | 22,851,000 | 23,247,000 |
| Risk-weighted assets | 62,412,000 | 43,090,000 | 40,449,000 | 10,526,000 |