Call reports 2024
UNIVERSAL BANK — 2024
What UNIVERSAL 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 | 374,688,000 | 384,219,000 | 361,798,000 | 356,343,000 |
| Total loans | 281,696,000 | 276,349,000 | 273,612,000 | 273,185,000 |
| Allowance for loan losses | 3,357,000 | 3,369,000 | 3,377,000 | 3,402,000 |
| Securities available for sale | 45,295,000 | 51,062,000 | 51,725,000 | 42,711,000 |
| Securities held to maturity | 1,377,000 | 1,308,000 | 1,279,000 | 1,237,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 259,379,000 | 268,171,000 | 245,326,000 | 241,875,000 |
| Interest-bearing deposits | 226,974,000 | 236,347,000 | 213,820,000 | 209,102,000 |
| Noninterest-bearing deposits | 32,405,000 | 31,824,000 | 31,506,000 | 32,773,000 |
| Equity capital | 64,683,000 | 65,614,000 | 66,288,000 | 65,258,000 |
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 | 4,668,000 | 9,478,000 | 14,340,000 | 18,898,000 |
| Interest expense | 2,242,000 | 4,661,000 | 7,231,000 | 9,479,000 |
| Net interest income | 2,426,000 | 4,817,000 | 7,109,000 | 9,419,000 |
| Noninterest income | 231,000 | 1,251,000 | 1,437,000 | 1,655,000 |
| Noninterest expense | 2,428,000 | 4,929,000 | 7,409,000 | 9,925,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 229,000 | 1,139,000 | 1,325,000 | 1,337,000 |
| Income tax | 38,000 | 36,000 | 60,000 | 32,000 |
| Net income | 191,000 | 1,103,000 | 1,265,000 | 1,305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,831,000 | 65,742,000 | 65,904,000 | 65,944,000 |