Call reports 2008
UNION BANK OF SPARTA — 2008
What UNION BANK OF SPARTA 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 | 82,576,000 | 80,290,000 | 77,808,000 | 80,559,000 |
| Total loans | 52,822,000 | 51,279,000 | 52,859,000 | 53,814,000 |
| Allowance for loan losses | 496,000 | 536,000 | 937,000 | 988,000 |
| Securities available for sale | 19,115,000 | 20,156,000 | 21,786,000 | 22,199,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,573,000 | 66,484,000 | 63,857,000 | 66,661,000 |
| Interest-bearing deposits | 57,583,000 | 54,889,000 | 53,397,000 | 54,465,000 |
| Noninterest-bearing deposits | 10,990,000 | 11,595,000 | 10,459,000 | 12,197,000 |
| Equity capital | 13,611,000 | 13,394,000 | 13,276,000 | 13,673,000 |
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 | 1,214,000 | 2,363,000 | 3,492,000 | 4,632,000 |
| Interest expense | 432,000 | 812,000 | 1,172,000 | 1,509,000 |
| Net interest income | 782,000 | 1,551,000 | 2,320,000 | 3,123,000 |
| Noninterest income | 100,000 | 203,000 | 309,000 | 407,000 |
| Noninterest expense | 488,000 | 1,019,000 | 1,521,000 | 2,213,000 |
| Provision for loan losses | 0 | 0 | 400,000 | 450,000 |
| Pretax income | 394,000 | 735,000 | 708,000 | 867,000 |
| Income tax | 104,000 | 194,000 | 311,000 | 170,000 |
| Net income | 290,000 | 541,000 | 397,000 | 697,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,326,000 | 13,447,000 | 13,253,000 | 13,473,000 |
| Total capital | 13,822,000 | 13,983,000 | 13,967,000 | 14,353,000 |
| Risk-weighted assets | 57,534,000 | 56,428,000 | 56,920,000 | 58,959,000 |