| Quarterly Data |
22. QUARTERLY DATA (UNAUDITED)
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Year-Ended December 31, |
|
| |
|
2011 |
|
|
2010 |
|
| |
|
Fourth
Quarter |
|
|
Third
Quarter |
|
|
Second
Quarter |
|
|
First
Quarter |
|
|
Fourth
Quarter |
|
|
Third
Quarter |
|
|
Second
Quarter |
|
|
First
Quarter |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
(Restated) |
|
|
|
|
|
|
|
|
|
|
|
Interest income |
|
$ |
10,596 |
|
|
$ |
10,699 |
|
|
$ |
10,607 |
|
|
$ |
10,444 |
|
|
$ |
10,972 |
|
|
$ |
11,417 |
|
|
$ |
11,185 |
|
|
$ |
11,254 |
|
|
Interest expense |
|
|
1,645 |
|
|
|
1,727 |
|
|
|
1,779 |
|
|
|
1,867 |
|
|
|
2,167 |
|
|
|
2,452 |
|
|
|
2,531 |
|
|
|
2,923 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income |
|
|
8,951 |
|
|
|
8,972 |
|
|
|
8,828 |
|
|
|
8,577 |
|
|
|
8,805 |
|
|
|
8,965 |
|
|
|
8,654 |
|
|
|
8,331 |
|
|
Provision for loan losses |
|
|
13,626 |
|
|
|
2,262 |
|
|
|
1,609 |
|
|
|
1,305 |
|
|
|
12,320 |
|
|
|
1,386 |
|
|
|
3,682 |
|
|
|
1,743 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income (loss), after provision for loan losses |
|
|
(4,675 |
) |
|
|
6,710 |
|
|
|
7,219 |
|
|
|
7,272 |
|
|
|
(3,515 |
) |
|
|
7,579 |
|
|
|
4,972 |
|
|
|
6,588 |
|
|
Non-interest: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income |
|
|
3,748 |
|
|
|
1,595 |
|
|
|
2,196 |
|
|
|
1,189 |
|
|
|
563 |
|
|
|
1,401 |
|
|
|
1,153 |
|
|
|
5,374 |
|
|
Expense |
|
|
14,109 |
|
|
|
10,593 |
|
|
|
8,151 |
|
|
|
7,435 |
|
|
|
7,764 |
|
|
|
8,729 |
|
|
|
6,951 |
|
|
|
7,003 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) before income taxes |
|
|
(15,036 |
) |
|
|
(2,288 |
) |
|
|
1,264 |
|
|
|
1,026 |
|
|
|
(10,716 |
) |
|
|
251 |
|
|
|
(826 |
) |
|
|
4,959 |
|
|
(Benefits from) provision for income taxes |
|
|
(5,547 |
) |
|
|
(979 |
) |
|
|
361 |
|
|
|
207 |
|
|
|
(4,247 |
) |
|
|
(100 |
) |
|
|
(478 |
) |
|
|
1,799 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) after taxes |
|
|
(9,489 |
) |
|
|
(1,309 |
) |
|
|
903 |
|
|
|
819 |
|
|
|
(6,469 |
) |
|
|
351 |
|
|
|
(348 |
) |
|
|
3,160 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Less: Net loss attributable to noncontrolling interest |
|
|
— |
|
|
|
— |
|
|
|
(1 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(125 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) attributable to USBI after taxes |
|
$ |
(9,489 |
) |
|
$ |
(1,309 |
) |
|
$ |
904 |
|
|
$ |
819 |
|
|
$ |
(6,469 |
) |
|
$ |
351 |
|
|
$ |
(348 |
) |
|
$ |
3,285 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings (losses) per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted earnings (losses) attributable to USBI |
|
$ |
(1.58 |
) |
|
$ |
(0.22 |
) |
|
$ |
0.15 |
|
|
$ |
0.14 |
|
|
$ |
(1.08 |
) |
|
$ |
0.06 |
|
|
$ |
(0.06 |
) |
|
$ |
0.55 | |