Call reports 2008
UNION STATE BANK — 2008
What UNION STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 335,782,000 | 325,340,000 | 305,589,000 | 310,068,000 |
| Total loans | 215,450,000 | 207,661,000 | 197,446,000 | 188,861,000 |
| Allowance for loan losses | 6,308,000 | 3,229,000 | 2,987,000 | 2,853,000 |
| Securities available for sale | 39,105,000 | 33,018,000 | 30,613,000 | 30,376,000 |
| Securities held to maturity | 23,344,000 | 21,996,000 | 23,128,000 | 23,296,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 300,622,000 | 290,715,000 | 271,096,000 | 273,802,000 |
| Interest-bearing deposits | 253,250,000 | 236,941,000 | 223,441,000 | 232,429,000 |
| Noninterest-bearing deposits | 47,372,000 | 53,774,000 | 47,655,000 | 41,373,000 |
| Equity capital | 32,311,000 | 32,239,000 | 32,079,000 | 32,895,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,952,000 | 9,399,000 | 13,589,000 | 17,435,000 |
| Interest expense | 2,288,000 | 4,090,000 | 5,674,000 | 7,289,000 |
| Net interest income | 2,664,000 | 5,309,000 | 7,915,000 | 10,146,000 |
| Noninterest income | 1,094,000 | 2,242,000 | 3,496,000 | 4,620,000 |
| Noninterest expense | 3,049,000 | 5,989,000 | 9,068,000 | 11,801,000 |
| Provision for loan losses | 2,125,000 | 2,125,000 | 2,125,000 | 2,125,000 |
| Pretax income | -1,358,000 | -499,000 | -2,006,000 | -1,493,000 |
| Income tax | 0 | -172,000 | -901,000 | -722,000 |
| Net income | -1,358,000 | -327,000 | -1,105,000 | -771,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,114,000 | 31,659,000 | 31,815,000 | 31,953,000 |
| Total capital | 34,129,000 | 34,559,000 | 34,712,000 | 34,795,000 |
| Risk-weighted assets | 237,889,000 | 231,710,000 | 233,877,000 | 229,647,000 |