Call reports 2023
UNION SAVINGS AND LOAN ASSOCIATION — 2023
What UNION SAVINGS AND LOAN ASSOCIATION 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 | 227,709,000 | 232,058,000 | 236,488,000 | 237,042,000 |
| Total loans | 180,456,000 | 185,288,000 | 192,395,000 | 193,731,000 |
| Allowance for loan losses | 1,677,000 | 1,745,000 | 1,785,000 | 1,821,000 |
| Securities available for sale | 21,003,000 | 20,518,000 | 18,401,000 | 18,223,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,004,000 | 206,023,000 | 209,942,000 | 213,469,000 |
| Interest-bearing deposits | 150,307,000 | 157,132,000 | 160,016,000 | 159,582,000 |
| Noninterest-bearing deposits | 48,697,000 | 48,891,000 | 49,926,000 | 53,887,000 |
| Equity capital | 19,712,000 | 19,600,000 | 20,039,000 | 20,727,000 |
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 | 2,356,000 | 4,957,000 | 7,783,000 | 10,766,000 |
| Interest expense | 508,000 | 1,284,000 | 2,219,000 | 3,295,000 |
| Net interest income | 1,848,000 | 3,673,000 | 5,564,000 | 7,471,000 |
| Noninterest income | 325,000 | 699,000 | 1,076,000 | 1,407,000 |
| Noninterest expense | 1,651,000 | 4,541,000 | 6,207,000 | 7,900,000 |
| Provision for loan losses | 40,000 | 85,000 | 130,000 | 175,000 |
| Pretax income | 482,000 | -254,000 | 303,000 | 803,000 |
| Income tax | 119,000 | -73,000 | 65,000 | 189,000 |
| Net income | 363,000 | -181,000 | 238,000 | 614,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,361,000 | 20,817,000 | 21,236,000 | 21,612,000 |