Call reports 2014
UBANK — 2014
What UBANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 70,183,000 | 66,843,000 | 65,967,000 | 65,235,000 |
| Total loans | 34,272,000 | 34,181,000 | 34,415,000 | 35,902,000 |
| Allowance for loan losses | 390,000 | 429,000 | 391,000 | 468,000 |
| Securities available for sale | 24,089,000 | 24,427,000 | 24,127,000 | 22,436,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,300,000 | 57,595,000 | 56,599,000 | 55,949,000 |
| Interest-bearing deposits | 54,151,000 | 50,399,000 | 49,078,000 | 48,908,000 |
| Noninterest-bearing deposits | 7,149,000 | 7,197,000 | 7,522,000 | 7,041,000 |
| Equity capital | 8,212,000 | 8,516,000 | 8,554,000 | 8,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 742,000 | 1,512,000 | 2,268,000 | 3,035,000 |
| Interest expense | 70,000 | 138,000 | 206,000 | 277,000 |
| Net interest income | 672,000 | 1,374,000 | 2,062,000 | 2,758,000 |
| Noninterest income | 145,000 | 294,000 | 418,000 | 578,000 |
| Noninterest expense | 556,000 | 1,088,000 | 1,620,000 | 2,179,000 |
| Provision for loan losses | 47,000 | 93,000 | 140,000 | 241,000 |
| Pretax income | 214,000 | 487,000 | 720,000 | 941,000 |
| Income tax | 17,000 | 33,000 | 50,000 | 60,000 |
| Net income | 197,000 | 454,000 | 670,000 | 881,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,219,000 | 8,306,000 | 8,325,000 | 8,395,000 |
| Total capital | 8,609,000 | 8,735,000 | 8,716,000 | 8,863,000 |
| Risk-weighted assets | 38,179,000 | 37,551,000 | 38,653,000 | 39,499,000 |