Call reports 2023
UNIVERSAL BANK — 2023
What UNIVERSAL 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 | 361,210,000 | 341,039,000 | 367,029,000 | 370,662,000 |
| Total loans | 272,042,000 | 283,607,000 | 281,668,000 | 280,304,000 |
| Allowance for loan losses | 4,567,000 | 4,575,000 | 4,587,000 | 3,348,000 |
| Securities available for sale | 1,444,000 | 1,440,000 | 7,330,000 | 25,802,000 |
| Securities held to maturity | 1,663,000 | 1,571,000 | 1,479,000 | 1,436,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,568,000 | 216,721,000 | 252,837,000 | 254,844,000 |
| Interest-bearing deposits | 188,686,000 | 179,403,000 | 214,782,000 | 218,188,000 |
| Noninterest-bearing deposits | 37,882,000 | 37,318,000 | 38,055,000 | 36,656,000 |
| Equity capital | 63,384,000 | 63,520,000 | 63,582,000 | 64,765,000 |
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 | 3,979,000 | 7,907,000 | 12,384,000 | 17,066,000 |
| Interest expense | 1,012,000 | 2,331,000 | 4,169,000 | 6,350,000 |
| Net interest income | 2,967,000 | 5,576,000 | 8,215,000 | 10,716,000 |
| Noninterest income | 252,000 | 471,000 | 709,000 | 968,000 |
| Noninterest expense | 2,920,000 | 5,590,000 | 8,311,000 | 11,140,000 |
| Provision for loan losses | 0 | 0 | 0 | -1,250,000 |
| Pretax income | 299,000 | 457,000 | 613,000 | 1,794,000 |
| Income tax | 61,000 | 80,000 | 97,000 | 416,000 |
| Net income | 238,000 | 377,000 | 516,000 | 1,378,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,500,000 | 63,639,000 | 63,778,000 | 64,639,000 |