Call reports 2024
UNITED SOUTHERN BANK — 2024
What UNITED SOUTHERN BANK 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 | 331,768,000 | 335,526,000 | 336,338,000 | 341,845,000 |
| Total loans | 236,349,000 | 243,011,000 | 250,537,000 | 253,181,000 |
| Allowance for loan losses | 2,646,000 | 2,634,000 | 2,649,000 | 2,638,000 |
| Securities available for sale | 54,272,000 | 52,219,000 | 52,493,000 | 49,978,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 278,081,000 | 281,298,000 | 290,168,000 | 296,604,000 |
| Interest-bearing deposits | 198,128,000 | 202,614,000 | 209,323,000 | 216,050,000 |
| Noninterest-bearing deposits | 79,953,000 | 78,684,000 | 80,845,000 | 80,554,000 |
| Equity capital | 32,367,000 | 33,446,000 | 35,646,000 | 35,130,000 |
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 | 3,949,000 | 8,202,000 | 12,592,000 | 17,079,000 |
| Interest expense | 1,326,000 | 2,844,000 | 4,385,000 | 5,916,000 |
| Net interest income | 2,623,000 | 5,358,000 | 8,207,000 | 11,163,000 |
| Noninterest income | 438,000 | 1,236,000 | 1,743,000 | 2,226,000 |
| Noninterest expense | 2,083,000 | 4,135,000 | 6,226,000 | 8,470,000 |
| Provision for loan losses | 60,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 918,000 | 2,384,000 | 3,619,000 | 4,784,000 |
| Income tax | 207,000 | 550,000 | 835,000 | 1,102,000 |
| Net income | 711,000 | 1,834,000 | 2,784,000 | 3,682,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,482,000 | 37,605,000 | 38,555,000 | 39,003,000 |