Call reports 2024
UNION STATE BANK — 2024
What UNION STATE 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 | 189,807,000 | 188,666,000 | 192,000,000 | 192,108,000 |
| Total loans | 111,108,000 | 115,282,000 | 118,624,000 | 119,690,000 |
| Allowance for loan losses | 1,364,000 | 1,371,000 | 1,419,000 | 1,434,000 |
| Securities available for sale | 65,850,000 | 65,326,000 | 65,130,000 | 61,802,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,334,000 | 154,564,000 | 153,091,000 | 160,002,000 |
| Interest-bearing deposits | 127,089,000 | 131,720,000 | 130,749,000 | 135,321,000 |
| Noninterest-bearing deposits | 26,245,000 | 22,844,000 | 22,342,000 | 24,681,000 |
| Equity capital | 14,726,000 | 14,825,000 | 16,617,000 | 13,782,000 |
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 | 1,998,000 | 4,027,000 | 6,137,000 | 8,281,000 |
| Interest expense | 794,000 | 1,637,000 | 2,551,000 | 3,407,000 |
| Net interest income | 1,204,000 | 2,390,000 | 3,586,000 | 4,874,000 |
| Noninterest income | 89,000 | 191,000 | 301,000 | 395,000 |
| Noninterest expense | 1,021,000 | 2,026,000 | 3,064,000 | 4,118,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 35,000 |
| Pretax income | 273,000 | 567,000 | 823,000 | 1,134,000 |
| Income tax | 48,000 | 94,000 | 136,000 | 254,000 |
| Net income | 225,000 | 473,000 | 687,000 | 880,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,699,000 | 20,797,000 | 20,863,000 | 19,226,000 |