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 | 32,118,000 | 33,381,000 | 33,331,000 | 33,781,000 |
| Total loans | 22,099,000 | 23,049,000 | 22,571,000 | 23,371,000 |
| Allowance for loan losses | 273,000 | 267,000 | 259,000 | 349,000 |
| Securities available for sale | 5,959,000 | 5,890,000 | 6,085,000 | 6,219,000 |
| Securities held to maturity | 1,068,000 | 1,097,000 | 995,000 | 994,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,195,000 | 24,736,000 | 25,071,000 | 25,542,000 |
| Interest-bearing deposits | 20,894,000 | 21,493,000 | 21,254,000 | 22,126,000 |
| Noninterest-bearing deposits | 3,301,000 | 3,243,000 | 3,817,000 | 3,416,000 |
| Equity capital | 2,823,000 | 2,765,000 | 2,833,000 | 2,739,000 |
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 | 541,000 | 1,059,000 | 1,583,000 | 2,092,000 |
| Interest expense | 210,000 | 410,000 | 600,000 | 778,000 |
| Net interest income | 331,000 | 649,000 | 983,000 | 1,314,000 |
| Noninterest income | 85,000 | 195,000 | 318,000 | 443,000 |
| Noninterest expense | 297,000 | 611,000 | 967,000 | 1,366,000 |
| Provision for loan losses | 25,000 | 28,000 | 28,000 | 188,000 |
| Pretax income | 94,000 | 205,000 | 306,000 | 203,000 |
| Income tax | 0 | 6,000 | 8,000 | 11,000 |
| Net income | 94,000 | 199,000 | 298,000 | 192,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,714,000 | 2,749,000 | 2,808,000 | 2,662,000 |
| Total capital | 2,987,000 | 3,016,000 | 3,067,000 | 2,949,000 |
| Risk-weighted assets | 24,621,000 | 25,861,000 | 25,564,000 | 22,890,000 |