Call reports 2024
UNITED BANK & TRUST CO. — 2024
What UNITED BANK & TRUST CO. 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 | 122,232,000 | 119,922,000 | 123,006,000 | 130,263,000 |
| Total loans | 72,504,000 | 74,849,000 | 74,259,000 | 71,228,000 |
| Allowance for loan losses | 1,029,000 | 1,052,000 | 1,020,000 | 971,000 |
| Securities available for sale | 40,416,000 | 38,189,000 | 36,854,000 | 34,201,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,077,000 | 108,338,000 | 108,735,000 | 118,553,000 |
| Interest-bearing deposits | 91,830,000 | 90,634,000 | 92,782,000 | 98,543,000 |
| Noninterest-bearing deposits | 19,247,000 | 17,704,000 | 15,953,000 | 20,010,000 |
| Equity capital | 10,024,000 | 10,168,000 | 10,982,000 | 10,598,000 |
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 | 1,208,000 | 2,416,000 | 3,679,000 | 5,012,000 |
| Interest expense | 365,000 | 763,000 | 1,194,000 | 1,631,000 |
| Net interest income | 843,000 | 1,653,000 | 2,485,000 | 3,381,000 |
| Noninterest income | 160,000 | 353,000 | 547,000 | 759,000 |
| Noninterest expense | 663,000 | 1,360,000 | 2,068,000 | 2,757,000 |
| Provision for loan losses | 61,000 | 83,000 | 50,000 | 1,000 |
| Pretax income | 281,000 | 568,000 | 917,000 | 1,388,000 |
| Income tax | 60,000 | 122,000 | 199,000 | 308,000 |
| Net income | 221,000 | 446,000 | 718,000 | 1,080,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,050,000 | 12,055,000 | 12,105,000 | 12,198,000 |
| Total capital | 13,107,000 | 13,102,000 | 13,155,000 | 13,205,000 |
| Risk-weighted assets | 84,539,000 | 83,719,000 | 83,997,000 | 80,752,000 |