Call reports 2024
UNION SAVINGS AND LOAN ASSOCIATION — 2024
What UNION SAVINGS AND LOAN ASSOCIATION 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 | 244,156,000 | 243,483,000 | 240,829,000 | 247,549,000 |
| Total loans | 193,993,000 | 200,986,000 | 201,718,000 | 203,484,000 |
| Allowance for loan losses | 1,827,000 | 1,884,000 | 1,959,000 | 2,225,000 |
| Securities available for sale | 23,375,000 | 19,100,000 | 14,983,000 | 13,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,790,000 | 216,639,000 | 217,170,000 | 223,482,000 |
| Interest-bearing deposits | 166,601,000 | 166,452,000 | 166,225,000 | 180,401,000 |
| Noninterest-bearing deposits | 53,189,000 | 50,187,000 | 50,945,000 | 43,081,000 |
| Equity capital | 21,200,000 | 21,712,000 | 22,395,000 | 22,692,000 |
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 | 3,188,000 | 6,510,000 | 9,926,000 | 13,475,000 |
| Interest expense | 1,150,000 | 2,408,000 | 3,745,000 | 5,104,000 |
| Net interest income | 2,038,000 | 4,102,000 | 6,181,000 | 8,371,000 |
| Noninterest income | 361,000 | 769,000 | 1,150,000 | 1,555,000 |
| Noninterest expense | 1,768,000 | 3,572,000 | 5,391,000 | 7,261,000 |
| Provision for loan losses | 45,000 | 100,000 | 175,000 | 250,000 |
| Pretax income | 586,000 | 1,199,000 | 1,765,000 | 2,415,000 |
| Income tax | 146,000 | 299,000 | 441,000 | 604,000 |
| Net income | 440,000 | 900,000 | 1,324,000 | 1,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,052,000 | 22,512,000 | 22,936,000 | 23,275,000 |