Call reports 2024
UNITED BANK & TRUST — 2024
What UNITED BANK & TRUST 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 | 871,556,000 | 884,194,000 | 887,117,000 | 889,964,000 |
| Total loans | 628,599,000 | 649,194,000 | 657,744,000 | 664,403,000 |
| Allowance for loan losses | 7,489,000 | 7,621,000 | 7,777,000 | 7,931,000 |
| Securities available for sale | 167,679,000 | 158,267,000 | 161,271,000 | 153,874,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 665,387,000 | 644,325,000 | 642,738,000 | 688,452,000 |
| Interest-bearing deposits | 536,221,000 | 526,276,000 | 527,245,000 | 555,644,000 |
| Noninterest-bearing deposits | 129,166,000 | 118,049,000 | 115,493,000 | 132,808,000 |
| Equity capital | 85,799,000 | 87,190,000 | 91,818,000 | 92,126,000 |
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 | 10,060,000 | 20,540,000 | 31,681,000 | 42,824,000 |
| Interest expense | 3,684,000 | 7,765,000 | 12,203,000 | 16,252,000 |
| Net interest income | 6,376,000 | 12,775,000 | 19,478,000 | 26,572,000 |
| Noninterest income | 603,000 | 1,228,000 | 2,830,000 | 3,456,000 |
| Noninterest expense | 4,238,000 | 8,596,000 | 13,035,000 | 17,403,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 2,593,000 | 5,110,000 | 8,828,000 | 12,031,000 |
| Income tax | 558,000 | 1,093,000 | 1,688,000 | 2,094,000 |
| Net income | 2,035,000 | 4,017,000 | 7,140,000 | 9,937,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 91,001,000 | 91,539,000 | 93,212,000 | 94,560,000 |