Call reports 2008
UNION STATE BANK — 2008
What UNION STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 74,392,000 | 72,866,000 | 73,303,000 | 76,513,000 |
| Total loans | 49,098,000 | 49,729,000 | 51,474,000 | 52,660,000 |
| Allowance for loan losses | 486,000 | 479,000 | 491,000 | 540,000 |
| Securities available for sale | 15,168,000 | 15,965,000 | 15,163,000 | 15,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,484,000 | 63,832,000 | 64,629,000 | 67,433,000 |
| Interest-bearing deposits | 55,498,000 | 54,727,000 | 55,586,000 | 55,780,000 |
| Noninterest-bearing deposits | 9,986,000 | 9,105,000 | 9,043,000 | 11,653,000 |
| Equity capital | 7,886,000 | 7,696,000 | 7,742,000 | 7,964,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,103,000 | 2,154,000 | 3,174,000 | 4,216,000 |
| Interest expense | 410,000 | 789,000 | 1,153,000 | 1,497,000 |
| Net interest income | 693,000 | 1,365,000 | 2,021,000 | 2,719,000 |
| Noninterest income | 362,000 | 694,000 | 999,000 | 1,284,000 |
| Noninterest expense | 844,000 | 1,695,000 | 2,568,000 | 3,400,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 86,000 |
| Pretax income | 199,000 | 340,000 | 416,000 | 517,000 |
| Income tax | 46,000 | 71,000 | 72,000 | 74,000 |
| Net income | 153,000 | 269,000 | 344,000 | 443,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,603,000 | 7,472,000 | 7,474,000 | 7,560,000 |
| Total capital | 8,089,000 | 7,951,000 | 7,965,000 | 8,100,000 |
| Risk-weighted assets | 48,074,000 | 49,737,000 | 49,968,000 | 50,958,000 |