Call reports 2023
UNION STATE BANK — 2023
What UNION STATE BANK 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 | 63,923,000 | 63,860,000 | 66,814,000 | 68,014,000 |
| Total loans | 43,743,000 | 44,877,000 | 44,264,000 | 46,417,000 |
| Allowance for loan losses | 466,000 | 476,000 | 484,000 | 498,000 |
| Securities available for sale | 9,808,000 | 9,637,000 | 9,313,000 | 11,124,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,582,000 | 58,492,000 | 61,320,000 | 61,788,000 |
| Interest-bearing deposits | 40,380,000 | 40,992,000 | 42,724,000 | 43,333,000 |
| Noninterest-bearing deposits | 18,202,000 | 17,500,000 | 18,596,000 | 18,455,000 |
| Equity capital | 4,316,000 | 4,416,000 | 4,339,000 | 4,985,000 |
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 | 784,000 | 1,617,000 | 2,495,000 | 3,457,000 |
| Interest expense | 91,000 | 210,000 | 352,000 | 520,000 |
| Net interest income | 693,000 | 1,407,000 | 2,143,000 | 2,937,000 |
| Noninterest income | 125,000 | 230,000 | 365,000 | 513,000 |
| Noninterest expense | 579,000 | 1,149,000 | 1,768,000 | 2,453,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 224,000 | 458,000 | 695,000 | 937,000 |
| Income tax | 0 | 6,000 | 12,000 | 17,000 |
| Net income | 224,000 | 452,000 | 683,000 | 920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,532,000 | 5,719,000 | 5,888,000 | 5,932,000 |
| Total capital | 5,998,000 | 6,195,000 | 6,372,000 | 6,430,000 |
| Risk-weighted assets | 40,031,000 | 43,670,000 | 44,591,000 | 44,516,000 |