Call reports 2024
UNITED COMMUNITY BANK — 2024
What UNITED COMMUNITY 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 | 330,009,000 | 331,556,000 | 348,803,000 | 345,707,000 |
| Total loans | 204,916,000 | 204,950,000 | 205,449,000 | 206,295,000 |
| Allowance for loan losses | 3,254,000 | 3,249,000 | 3,241,000 | 3,229,000 |
| Securities available for sale | 88,741,000 | 87,067,000 | 88,799,000 | 89,691,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 304,783,000 | 307,225,000 | 320,501,000 | 319,940,000 |
| Interest-bearing deposits | 288,681,000 | 292,200,000 | 304,305,000 | 305,461,000 |
| Noninterest-bearing deposits | 16,102,000 | 15,025,000 | 16,196,000 | 14,479,000 |
| Equity capital | 21,979,000 | 21,071,000 | 24,891,000 | 22,547,000 |
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 | 3,873,000 | 7,956,000 | 12,344,000 | 16,776,000 |
| Interest expense | 1,472,000 | 3,066,000 | 4,762,000 | 6,477,000 |
| Net interest income | 2,401,000 | 4,890,000 | 7,582,000 | 10,299,000 |
| Noninterest income | 407,000 | 798,000 | 1,249,000 | 1,690,000 |
| Noninterest expense | 2,123,000 | 4,323,000 | 6,359,000 | 8,726,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 685,000 | 1,365,000 | 2,472,000 | 3,213,000 |
| Income tax | 14,000 | 126,000 | 183,000 | 275,000 |
| Net income | 671,000 | 1,239,000 | 2,289,000 | 2,938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,020,000 | 34,547,000 | 35,331,000 | 35,785,000 |