Call reports 2024
UNITED SOUTHERN BANK — 2024
What UNITED SOUTHERN 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 | 880,580,000 | 865,954,000 | 852,835,000 | 852,633,000 |
| Total loans | 377,041,000 | 390,858,000 | 392,885,000 | 401,639,000 |
| Allowance for loan losses | 9,354,000 | 9,357,000 | 9,371,000 | 9,212,000 |
| Securities available for sale | 362,720,000 | 341,616,000 | 334,768,000 | 311,082,000 |
| Securities held to maturity | 9,938,000 | 9,489,000 | 8,763,000 | 7,425,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 787,320,000 | 769,166,000 | 746,055,000 | 779,500,000 |
| Interest-bearing deposits | 324,693,000 | 561,498,000 | 537,102,000 | 0 |
| Noninterest-bearing deposits | 462,627,000 | 207,668,000 | 208,953,000 | 779,500,000 |
| Equity capital | 34,675,000 | 37,639,000 | 47,720,000 | 39,534,000 |
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 | 8,836,000 | 17,624,000 | 26,425,000 | 35,497,000 |
| Interest expense | 2,707,000 | 5,178,000 | 7,645,000 | 9,986,000 |
| Net interest income | 6,129,000 | 12,446,000 | 18,780,000 | 25,511,000 |
| Noninterest income | 1,315,000 | 2,682,000 | 4,056,000 | 5,369,000 |
| Noninterest expense | 5,290,000 | 10,517,000 | 15,729,000 | 20,781,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,297,000 | 4,722,000 | 7,246,000 | 10,210,000 |
| Income tax | 571,000 | 1,222,000 | 1,920,000 | 2,357,000 |
| Net income | 1,726,000 | 3,500,000 | 5,326,000 | 7,853,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,996,000 | 81,219,000 | 82,493,000 | 84,199,000 |
| Total capital | 86,289,000 | 87,545,000 | 88,810,000 | — |
| Risk-weighted assets | 500,270,000 | 502,937,000 | 502,202,000 | — |