Call reports 2016
UBANK — 2016
What UBANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 66,534,000 | 65,839,000 | 66,260,000 | 65,029,000 |
| Total loans | 37,142,000 | 37,659,000 | 38,059,000 | 38,953,000 |
| Allowance for loan losses | 562,000 | 590,000 | 616,000 | 544,000 |
| Securities available for sale | 22,255,000 | 19,700,000 | 18,464,000 | 18,114,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,816,000 | 55,862,000 | 56,264,000 | 55,577,000 |
| Interest-bearing deposits | 47,233,000 | 47,379,000 | 48,479,000 | 47,282,000 |
| Noninterest-bearing deposits | 9,583,000 | 8,483,000 | 7,785,000 | 8,295,000 |
| Equity capital | 8,986,000 | 9,154,000 | 9,114,000 | 8,754,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 747,000 | 1,517,000 | 2,268,000 | 3,029,000 |
| Interest expense | 75,000 | 149,000 | 226,000 | 302,000 |
| Net interest income | 672,000 | 1,368,000 | 2,042,000 | 2,727,000 |
| Noninterest income | 118,000 | 254,000 | 364,000 | 487,000 |
| Noninterest expense | 570,000 | 1,145,000 | 1,709,000 | 2,307,000 |
| Provision for loan losses | 41,000 | 71,000 | 104,000 | 136,000 |
| Pretax income | 179,000 | 412,000 | 617,000 | 795,000 |
| Income tax | 9,000 | 18,000 | 26,000 | 30,000 |
| Net income | 170,000 | 394,000 | 591,000 | 765,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,619,000 | 8,701,000 | 8,714,000 | 8,763,000 |
| Total capital | 9,113,000 | 9,180,000 | 9,200,000 | 9,269,000 |
| Risk-weighted assets | 39,430,000 | 38,120,000 | 38,656,000 | 40,472,000 |