Call reports 2023
UNITED BANK & TRUST CO. — 2023
What UNITED BANK & TRUST CO. 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 | 127,291,000 | 127,552,000 | 119,835,000 | 118,524,000 |
| Total loans | 70,810,000 | 68,181,000 | 68,255,000 | 69,969,000 |
| Allowance for loan losses | 1,029,000 | 960,000 | 925,000 | 967,000 |
| Securities available for sale | 45,267,000 | 43,183,000 | 41,506,000 | 42,459,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,205,000 | 115,888,000 | 108,953,000 | 106,094,000 |
| Interest-bearing deposits | 96,052,000 | 94,430,000 | 90,775,000 | 88,894,000 |
| Noninterest-bearing deposits | 21,153,000 | 21,459,000 | 18,179,000 | 17,200,000 |
| Equity capital | 9,393,000 | 9,366,000 | 9,030,000 | 9,909,000 |
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 | 1,065,000 | 2,189,000 | 3,310,000 | 4,438,000 |
| Interest expense | 152,000 | 419,000 | 747,000 | 1,090,000 |
| Net interest income | 913,000 | 1,770,000 | 2,563,000 | 3,348,000 |
| Noninterest income | 140,000 | 282,000 | 405,000 | 577,000 |
| Noninterest expense | 605,000 | 1,298,000 | 1,963,000 | 2,665,000 |
| Provision for loan losses | 51,000 | -19,000 | -55,000 | -14,000 |
| Pretax income | 388,000 | 753,000 | 1,045,000 | 1,265,000 |
| Income tax | 85,000 | 166,000 | 227,000 | 272,000 |
| Net income | 303,000 | 587,000 | 818,000 | 993,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,789,000 | 11,923,000 | 12,003,000 | 11,979,000 |
| Total capital | 12,844,000 | 12,937,000 | 12,976,000 | 12,989,000 |
| Risk-weighted assets | 84,378,000 | 81,082,000 | 81,185,000 | 80,820,000 |