Call reports 2020
UNION FEDERAL SAVINGS AND LOAN ASSOCIATION — 2020
What UNION FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 155,008,000 | 159,718,000 | 159,654,000 | 161,138,000 |
| Total loans | 115,578,000 | 116,214,000 | 121,661,000 | 125,601,000 |
| Allowance for loan losses | 1,078,000 | 1,123,000 | 1,173,000 | 1,230,000 |
| Securities available for sale | 3,444,000 | 1,215,000 | 1,214,000 | 2,998,000 |
| Securities held to maturity | 1,973,000 | 1,892,000 | 1,882,000 | 1,678,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,500,000 | 132,165,000 | 132,100,000 | 133,323,000 |
| Interest-bearing deposits | 129,424,000 | 127,916,000 | 127,583,000 | 129,869,000 |
| Noninterest-bearing deposits | 3,076,000 | 4,249,000 | 4,517,000 | 3,454,000 |
| Equity capital | 22,076,000 | 23,015,000 | 23,204,000 | 23,416,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,461,000 | 2,800,000 | 4,169,000 | 5,556,000 |
| Interest expense | 299,000 | 579,000 | 839,000 | 1,075,000 |
| Net interest income | 1,162,000 | 2,221,000 | 3,330,000 | 4,481,000 |
| Noninterest income | 56,000 | 101,000 | 152,000 | 204,000 |
| Noninterest expense | 2,119,000 | 3,021,000 | 3,890,000 | 4,776,000 |
| Provision for loan losses | 77,000 | 118,000 | 167,000 | 222,000 |
| Pretax income | -978,000 | -817,000 | -575,000 | -313,000 |
| Income tax | -248,000 | -213,000 | -159,000 | -100,000 |
| Net income | -730,000 | -604,000 | -416,000 | -213,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,538,000 | 21,677,000 | 21,879,000 | 22,095,000 |