FACTANKER · measured, cited, anchored official records connected

Call reports 2023

UNITED BUSINESS BANK — 2023

What UNITED BUSINESS BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/aa3753e4-fe2a-4559-ade9-b97fdf4c2dde/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets2,532,519,0002,552,135,0002,559,241,0002,535,924,000
Total loans2,044,536,0002,013,307,0001,970,078,0001,927,829,000
Allowance for loan losses20,400,00019,100,00019,800,00022,000,000
Securities available for sale152,427,000146,506,000145,845,000163,151,000
Securities held to maturity0000
Trading assets0000
Total deposits2,137,177,0002,155,901,0002,161,086,0002,145,756,000
Interest-bearing deposits1,428,466,0001,490,639,0001,493,153,0001,498,587,000
Noninterest-bearing deposits708,711,000665,263,000667,933,000647,169,000
Equity capital362,380,000357,595,000364,545,000358,771,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income29,866,00060,918,00093,530,000125,509,000
Interest expense3,759,0009,686,00016,621,00024,243,000
Net interest income26,107,00051,232,00076,909,000101,266,000
Noninterest income2,532,0004,625,0006,633,0008,443,000
Noninterest expense16,479,00032,952,00049,289,00064,308,000
Provision for loan losses315,000-925,000-200,0002,150,000
Pretax income11,885,00023,890,00034,564,00043,386,000
Income tax3,344,0006,753,0009,786,00012,198,000
Net income8,541,00017,137,00024,778,00031,188,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital329,130,000328,276,000336,437,000328,303,000
Total capital349,850,000347,676,000356,487,000350,528,000
Risk-weighted assets2,005,607,0001,977,037,0001,955,666,0001,938,270,000