Call reports 2020
UNION SAVINGS AND LOAN ASSOCIATION — 2020
What UNION SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 170,166,000 | 176,587,000 | 176,421,000 | 180,918,000 |
| Total loans | 146,370,000 | 145,462,000 | 144,691,000 | 144,755,000 |
| Allowance for loan losses | 1,494,000 | 1,501,000 | 1,574,000 | 1,627,000 |
| Securities available for sale | 342,000 | 678,000 | 1,054,000 | 1,010,000 |
| Securities held to maturity | 165,000 | 165,000 | 2,170,000 | 6,563,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,009,000 | 157,159,000 | 157,550,000 | 161,925,000 |
| Interest-bearing deposits | 130,589,000 | 132,939,000 | 131,245,000 | 133,247,000 |
| Noninterest-bearing deposits | 20,420,000 | 24,220,000 | 26,305,000 | 28,678,000 |
| Equity capital | 17,552,000 | 17,791,000 | 18,060,000 | 18,381,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,928,000 | 3,742,000 | 5,484,000 | 7,173,000 |
| Interest expense | 461,000 | 903,000 | 1,305,000 | 1,661,000 |
| Net interest income | 1,467,000 | 2,839,000 | 4,179,000 | 5,512,000 |
| Noninterest income | 335,000 | 719,000 | 1,223,000 | 1,870,000 |
| Noninterest expense | 1,412,000 | 2,796,000 | 4,208,000 | 5,681,000 |
| Provision for loan losses | 30,000 | 80,000 | 148,000 | 220,000 |
| Pretax income | 360,000 | 682,000 | 1,046,000 | 1,481,000 |
| Income tax | 92,000 | 174,000 | 267,000 | 378,000 |
| Net income | 268,000 | 508,000 | 779,000 | 1,103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,552,000 | 17,791,000 | 18,063,000 | 18,386,000 |