Call reports 2023
UNITED SOUTHERN BANK — 2023
What UNITED SOUTHERN 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 | 929,534,000 | 896,285,000 | 885,844,000 | 907,255,000 |
| Total loans | 345,323,000 | 355,467,000 | 361,741,000 | 372,049,000 |
| Allowance for loan losses | 9,245,000 | 9,534,000 | 9,606,000 | 9,383,000 |
| Securities available for sale | 403,589,000 | 391,322,000 | 367,310,000 | 378,472,000 |
| Securities held to maturity | 11,705,000 | 11,417,000 | 10,673,000 | 10,385,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 819,131,000 | 784,990,000 | 783,705,000 | 788,104,000 |
| Interest-bearing deposits | 564,704,000 | 547,255,000 | 320,690,000 | 315,001,000 |
| Noninterest-bearing deposits | 254,427,000 | 237,735,000 | 463,015,000 | 473,103,000 |
| Equity capital | 27,484,000 | 27,602,000 | 18,717,000 | 35,575,000 |
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 | 7,779,000 | 16,255,000 | 24,798,000 | 33,874,000 |
| Interest expense | 1,213,000 | 2,991,000 | 5,200,000 | 7,728,000 |
| Net interest income | 6,566,000 | 13,264,000 | 19,598,000 | 26,146,000 |
| Noninterest income | 1,332,000 | 2,722,000 | 4,166,000 | 5,502,000 |
| Noninterest expense | 4,761,000 | 9,703,000 | 14,708,000 | 19,766,000 |
| Provision for loan losses | -440,000 | -155,000 | -82,000 | -273,000 |
| Pretax income | 3,137,000 | 6,283,000 | 9,056,000 | 11,882,000 |
| Income tax | 831,000 | 1,665,000 | 2,400,000 | 2,791,000 |
| Net income | 2,306,000 | 4,618,000 | 6,656,000 | 9,091,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,466,000 | 75,379,000 | 77,018,000 | 78,820,000 |
| Total capital | 79,428,000 | 81,626,000 | 83,142,000 | 84,903,000 |
| Risk-weighted assets | 473,277,000 | 496,387,000 | 486,399,000 | 483,068,000 |