Call reports 2023
UNITED SOUTHERN BANK — 2023
What UNITED SOUTHERN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 307,651,000 | 312,534,000 | 315,000,000 | 321,644,000 |
| Total loans | 218,768,000 | 230,501,000 | 231,239,000 | 235,855,000 |
| Allowance for loan losses | 2,360,000 | 2,398,000 | 2,458,000 | 2,571,000 |
| Securities available for sale | 59,219,000 | 57,631,000 | 55,033,000 | 56,622,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 267,045,000 | 258,945,000 | 259,886,000 | 269,377,000 |
| Interest-bearing deposits | 175,343,000 | 176,616,000 | 181,187,000 | 185,555,000 |
| Noninterest-bearing deposits | 91,702,000 | 82,329,000 | 78,699,000 | 83,822,000 |
| Equity capital | 29,400,000 | 29,878,000 | 29,537,000 | 31,802,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,169,000 | 6,570,000 | 10,219,000 | 14,407,000 |
| Interest expense | 424,000 | 1,167,000 | 2,265,000 | 3,525,000 |
| Net interest income | 2,745,000 | 5,403,000 | 7,954,000 | 10,882,000 |
| Noninterest income | 404,000 | 853,000 | 1,344,000 | 1,810,000 |
| Noninterest expense | 2,010,000 | 3,944,000 | 5,817,000 | 7,820,000 |
| Provision for loan losses | 30,000 | 75,000 | 164,000 | 264,000 |
| Pretax income | 1,109,000 | 2,237,000 | 3,317,000 | 4,608,000 |
| Income tax | 259,000 | 514,000 | 761,000 | 1,069,000 |
| Net income | 850,000 | 1,723,000 | 2,556,000 | 3,539,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,563,000 | 34,435,000 | 35,268,000 | 35,742,000 |