Call reports 2003
UNION STATE BANK — 2003
What UNION STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 70,311,000 | 69,971,000 | 67,533,000 | 63,779,000 |
| Total loans | 41,313,000 | 38,160,000 | 38,068,000 | 38,857,000 |
| Allowance for loan losses | 457,000 | 439,000 | 481,000 | 450,000 |
| Securities available for sale | 14,946,000 | 14,746,000 | 16,606,000 | 16,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,923,000 | 61,973,000 | 59,874,000 | 56,166,000 |
| Interest-bearing deposits | 47,299,000 | 48,271,000 | 49,928,000 | 49,226,000 |
| Noninterest-bearing deposits | 15,624,000 | 13,702,000 | 9,946,000 | 6,940,000 |
| Equity capital | 6,475,000 | 6,808,000 | 6,730,000 | 6,825,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 867,000 | 1,688,000 | 2,458,000 | 3,264,000 |
| Interest expense | 291,000 | 571,000 | 828,000 | 1,067,000 |
| Net interest income | 576,000 | 1,117,000 | 1,630,000 | 2,197,000 |
| Noninterest income | 550,000 | 1,174,000 | 1,543,000 | 1,844,000 |
| Noninterest expense | 690,000 | 1,424,000 | 2,129,000 | 2,846,000 |
| Provision for loan losses | 30,000 | 70,000 | 110,000 | 125,000 |
| Pretax income | 406,000 | 797,000 | 934,000 | 1,070,000 |
| Income tax | 124,000 | 244,000 | 262,000 | 288,000 |
| Net income | 282,000 | 553,000 | 672,000 | 782,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,157,000 | 6,377,000 | 6,445,000 | 6,506,000 |
| Total capital | 6,614,000 | 6,816,000 | 6,926,000 | 6,956,000 |
| Risk-weighted assets | 42,215,000 | 41,301,000 | 40,649,000 | 39,132,000 |