Call reports 2024
UNION STATE BANK — 2024
What UNION STATE BANK 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 | 66,450,000 | 67,138,000 | 68,548,000 | 73,049,000 |
| Total loans | 46,830,000 | 48,982,000 | 49,211,000 | 49,779,000 |
| Allowance for loan losses | 512,000 | 507,000 | 533,000 | 545,000 |
| Securities available for sale | 11,914,000 | 11,583,000 | 11,563,000 | 11,173,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,261,000 | 60,006,000 | 59,674,000 | 65,092,000 |
| Interest-bearing deposits | 41,397,000 | 41,822,000 | 43,012,000 | 46,126,000 |
| Noninterest-bearing deposits | 18,864,000 | 18,184,000 | 16,662,000 | 18,966,000 |
| Equity capital | 4,966,000 | 5,122,000 | 5,575,000 | 5,268,000 |
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 | 935,000 | 1,915,000 | 2,937,000 | 4,004,000 |
| Interest expense | 178,000 | 378,000 | 606,000 | 848,000 |
| Net interest income | 757,000 | 1,537,000 | 2,331,000 | 3,156,000 |
| Noninterest income | 142,000 | 299,000 | 456,000 | 608,000 |
| Noninterest expense | 601,000 | 1,207,000 | 1,865,000 | 2,600,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 95,000 |
| Pretax income | 283,000 | 599,000 | 877,000 | 1,069,000 |
| Income tax | 11,000 | 28,000 | 36,000 | 44,000 |
| Net income | 272,000 | 571,000 | 841,000 | 1,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,031,000 | 6,238,000 | 6,404,000 | 6,404,000 |
| Total capital | 6,543,000 | 6,745,000 | 6,937,000 | 6,949,000 |
| Risk-weighted assets | 43,495,000 | 46,257,000 | 44,405,000 | 47,895,000 |