Call reports 2024
UNITED COMMUNITY BANK — 2024
What UNITED COMMUNITY 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 | 271,228,000 | 271,794,000 | 271,289,000 | 269,069,000 |
| Total loans | 208,127,000 | 208,189,000 | 204,764,000 | 201,826,000 |
| Allowance for loan losses | 2,560,000 | 2,635,000 | 2,712,000 | 2,787,000 |
| Securities available for sale | 43,199,000 | 43,182,000 | 44,016,000 | 45,314,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,803,000 | 226,647,000 | 224,527,000 | 226,500,000 |
| Interest-bearing deposits | 194,438,000 | 197,369,000 | 194,152,000 | 195,096,000 |
| Noninterest-bearing deposits | 30,365,000 | 29,278,000 | 30,375,000 | 31,404,000 |
| Equity capital | 21,859,000 | 22,017,000 | 23,119,000 | 23,086,000 |
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 | 2,866,000 | 5,889,000 | 8,965,000 | 12,036,000 |
| Interest expense | 1,350,000 | 2,959,000 | 4,591,000 | 6,102,000 |
| Net interest income | 1,516,000 | 2,930,000 | 4,374,000 | 5,934,000 |
| Noninterest income | 212,000 | 458,000 | 693,000 | 1,031,000 |
| Noninterest expense | 1,310,000 | 2,593,000 | 3,920,000 | 5,282,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 343,000 | 645,000 | 922,000 | 1,383,000 |
| Income tax | 17,000 | 28,000 | 40,000 | 65,000 |
| Net income | 326,000 | 617,000 | 882,000 | 1,318,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,922,000 | 21,903,000 | 21,918,000 | 22,059,000 |
| Total capital | 24,482,000 | 24,475,000 | 24,469,000 | 24,579,000 |
| Risk-weighted assets | 206,330,000 | 205,730,000 | 203,919,000 | 201,323,000 |