Call reports 2024
UNION FEDERAL SAVINGS AND LOAN ASSOCIATION — 2024
What UNION FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 151,046,000 | 150,874,000 | 149,947,000 | 150,051,000 |
| Total loans | 123,203,000 | 127,054,000 | 128,432,000 | 126,469,000 |
| Allowance for loan losses | 1,526,000 | 1,529,000 | 1,517,000 | 1,501,000 |
| Securities available for sale | 7,544,000 | 7,553,000 | 7,549,000 | 6,267,000 |
| Securities held to maturity | 988,000 | 988,000 | 976,000 | 917,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,398,000 | 127,189,000 | 125,954,000 | 126,113,000 |
| Interest-bearing deposits | 123,902,000 | 123,345,000 | 121,771,000 | 123,184,000 |
| Noninterest-bearing deposits | 3,496,000 | 3,844,000 | 4,183,000 | 2,929,000 |
| Equity capital | 22,846,000 | 22,905,000 | 23,131,000 | 23,045,000 |
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 | 1,591,000 | 3,238,000 | 4,885,000 | 6,535,000 |
| Interest expense | 520,000 | 1,084,000 | 1,667,000 | 2,243,000 |
| Net interest income | 1,071,000 | 2,154,000 | 3,218,000 | 4,292,000 |
| Noninterest income | 52,000 | 105,000 | 161,000 | 263,000 |
| Noninterest expense | 1,096,000 | 2,168,000 | 3,260,000 | 4,390,000 |
| Provision for loan losses | 0 | 0 | -9,000 | -21,000 |
| Pretax income | 27,000 | 91,000 | 128,000 | 186,000 |
| Income tax | 0 | 8,000 | 11,000 | 18,000 |
| Net income | 27,000 | 83,000 | 117,000 | 168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,338,000 | 23,407,000 | 23,455,000 | 23,519,000 |