FACTANKER · measured, cited, anchored official records connected

Call reports 2023

UNION BANK — 2023

What UNION BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/e45cb69f-0fe1-4d35-9b1b-4e6f6f23ada3/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets1,361,586,0001,334,466,0001,395,141,0001,468,468,000
Total loans976,616,000940,237,0001,029,735,0001,033,092,000
Allowance for loan losses6,934,0006,780,0006,895,0006,566,000
Securities available for sale275,417,000267,537,000248,997,000264,383,000
Securities held to maturity0000
Trading assets0000
Total deposits1,229,192,0001,127,096,0001,225,741,0001,308,218,000
Interest-bearing deposits963,489,000885,048,000993,181,0001,054,599,000
Noninterest-bearing deposits265,703,000242,048,000232,560,000253,619,000
Equity capital76,684,00075,241,00065,297,00082,122,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income13,044,00026,847,00041,694,00057,110,000
Interest expense2,927,0006,969,00012,526,00018,697,000
Net interest income10,117,00019,878,00029,168,00038,413,000
Noninterest income2,115,0004,464,0006,919,0009,391,000
Noninterest expense8,475,00017,290,00026,052,00034,494,000
Provision for loan losses90,000-61,00055,000-274,000
Pretax income3,725,0007,166,00010,254,00013,987,000
Income tax520,0001,020,0001,371,0001,853,000
Net income3,205,0006,146,0008,883,00012,134,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital107,974,000109,268,000110,136,000111,854,000
Total capital116,351,000117,546,000118,274,000119,652,000
Risk-weighted assets850,408,000872,412,000897,322,000896,064,000