Call reports 2020
UNITED SOUTHERN BANK — 2020
What UNITED SOUTHERN BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 568,546,000 | 626,688,000 | 647,955,000 | 680,695,000 |
| Total loans | 315,138,000 | 366,587,000 | 371,660,000 | 358,070,000 |
| Allowance for loan losses | 7,022,000 | 7,439,000 | 7,962,000 | 9,094,000 |
| Securities available for sale | 178,796,000 | 185,941,000 | 194,676,000 | 206,766,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 503,049,000 | 559,858,000 | 580,545,000 | 612,974,000 |
| Interest-bearing deposits | 356,237,000 | 359,965,000 | 386,760,000 | 405,755,000 |
| Noninterest-bearing deposits | 146,812,000 | 199,893,000 | 193,785,000 | 207,219,000 |
| Equity capital | 59,188,000 | 60,192,000 | 60,997,000 | 62,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,370,000 | 10,716,000 | 16,237,000 | 22,218,000 |
| Interest expense | 250,000 | 410,000 | 578,000 | 715,000 |
| Net interest income | 5,120,000 | 10,306,000 | 15,659,000 | 21,503,000 |
| Noninterest income | 1,015,000 | 2,155,000 | 3,326,000 | 4,321,000 |
| Noninterest expense | 4,306,000 | 8,632,000 | 12,895,000 | 16,795,000 |
| Provision for loan losses | 150,000 | 600,000 | 1,087,000 | 2,218,000 |
| Pretax income | 1,679,000 | 3,557,000 | 5,331,000 | 7,139,000 |
| Income tax | 427,000 | 823,000 | 1,209,000 | 1,507,000 |
| Net income | 1,252,000 | 2,734,000 | 4,122,000 | 5,632,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,415,000 | 56,419,000 | 57,328,000 | 58,344,000 |