Call reports 2008
UNION STATE BANK — 2008
What UNION STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 133,670,000 | 136,472,000 | 134,607,000 | 136,734,000 |
| Total loans | 56,232,000 | 59,041,000 | 55,405,000 | 55,551,000 |
| Allowance for loan losses | 830,000 | 889,000 | 721,000 | 658,000 |
| Securities available for sale | 71,258,000 | 71,662,000 | 71,640,000 | 74,425,000 |
| Securities held to maturity | 351,000 | 332,000 | 318,000 | 303,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,558,000 | 73,571,000 | 76,983,000 | 80,377,000 |
| Interest-bearing deposits | 66,724,000 | 66,149,000 | 69,259,000 | 72,770,000 |
| Noninterest-bearing deposits | 6,834,000 | 7,422,000 | 7,724,000 | 7,607,000 |
| Equity capital | 14,115,000 | 13,459,000 | 12,608,000 | 13,114,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,922,000 | 3,803,000 | 5,688,000 | 7,567,000 |
| Interest expense | 1,009,000 | 1,903,000 | 2,794,000 | 3,657,000 |
| Net interest income | 913,000 | 1,900,000 | 2,894,000 | 3,910,000 |
| Noninterest income | 78,000 | 157,000 | 239,000 | 310,000 |
| Noninterest expense | 586,000 | 1,157,000 | 1,734,000 | 2,413,000 |
| Provision for loan losses | 30,000 | 70,000 | 1,671,000 | 1,991,000 |
| Pretax income | 383,000 | 841,000 | -260,000 | -172,000 |
| Income tax | 111,000 | 250,000 | -186,000 | -184,000 |
| Net income | 272,000 | 591,000 | -74,000 | 12,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,953,000 | 14,153,000 | 13,368,000 | 13,214,000 |
| Total capital | 14,783,000 | 15,042,000 | 14,089,000 | 13,872,000 |
| Risk-weighted assets | 72,143,000 | 76,486,000 | 71,868,000 | 74,430,000 |