Call reports 2023
UNIVERSITY BANK — 2023
What UNIVERSITY 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 | 768,896,000 | 858,074,000 | 868,329,000 | 909,718,000 |
| Total loans | 651,066,000 | 708,460,000 | 743,827,000 | 801,511,000 |
| Allowance for loan losses | 3,573,000 | 3,600,000 | 3,992,000 | 4,447,000 |
| Securities available for sale | 60,000 | 47,000 | 46,000 | 46,000 |
| Securities held to maturity | 8,649,000 | 10,730,000 | 12,625,000 | 15,685,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 656,306,000 | 737,877,000 | 746,531,000 | 676,202,000 |
| Interest-bearing deposits | 275,303,000 | 287,049,000 | 295,071,000 | 301,246,000 |
| Noninterest-bearing deposits | 381,003,000 | 450,828,000 | 451,460,000 | 374,956,000 |
| Equity capital | 79,281,000 | 85,928,000 | 88,964,000 | 90,875,000 |
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 | 10,013,000 | 21,669,000 | 34,238,000 | 47,369,000 |
| Interest expense | 3,016,000 | 6,774,000 | 10,294,000 | 14,315,000 |
| Net interest income | 6,997,000 | 14,895,000 | 23,944,000 | 33,054,000 |
| Noninterest income | 14,009,000 | 30,105,000 | 46,395,000 | 60,591,000 |
| Noninterest expense | 19,098,000 | 39,143,000 | 60,401,000 | 80,095,000 |
| Provision for loan losses | 0 | 71,000 | 458,000 | 908,000 |
| Pretax income | 1,908,000 | 5,786,000 | 9,439,000 | 12,579,000 |
| Income tax | 402,000 | 1,222,000 | 1,993,000 | 2,658,000 |
| Net income | 1,272,000 | 3,921,000 | 6,417,000 | 8,547,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,340,000 | 85,577,000 | 87,797,000 | 88,736,000 |