Call reports 2022
UNITED SOUTHERN BANK — 2022
What UNITED SOUTHERN BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 299,317,000 | 289,384,000 | 282,230,000 | 296,662,000 |
| Total loans | 173,975,000 | 183,235,000 | 197,180,000 | 209,715,000 |
| Allowance for loan losses | 2,285,000 | 2,305,000 | 2,317,000 | 2,327,000 |
| Securities available for sale | 54,371,000 | 56,947,000 | 59,152,000 | 59,453,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,584,000 | 258,108,000 | 252,006,000 | 257,750,000 |
| Interest-bearing deposits | 176,035,000 | 171,370,000 | 165,716,000 | 164,628,000 |
| Noninterest-bearing deposits | 90,549,000 | 86,738,000 | 86,290,000 | 93,122,000 |
| Equity capital | 28,856,000 | 27,616,000 | 26,581,000 | 27,944,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,269,000 | 4,683,000 | 7,445,000 | 10,348,000 |
| Interest expense | 112,000 | 212,000 | 315,000 | 444,000 |
| Net interest income | 2,157,000 | 4,471,000 | 7,130,000 | 9,904,000 |
| Noninterest income | 391,000 | 826,000 | 1,326,000 | 1,757,000 |
| Noninterest expense | 1,765,000 | 3,580,000 | 5,476,000 | 7,361,000 |
| Provision for loan losses | 7,000 | 23,000 | 38,000 | 53,000 |
| Pretax income | 776,000 | 1,694,000 | 2,945,000 | 4,250,000 |
| Income tax | 176,000 | 382,000 | 656,000 | 1,004,000 |
| Net income | 600,000 | 1,312,000 | 2,289,000 | 3,246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,109,000 | 31,363,000 | 32,341,000 | 32,686,000 |