Call reports 2017
UBANK — 2017
What UBANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 65,850,000 | 67,461,000 | 68,026,000 | 67,563,000 |
| Total loans | 39,764,000 | 40,227,000 | 42,040,000 | 44,146,000 |
| Allowance for loan losses | 574,000 | 578,000 | 578,000 | 618,000 |
| Securities available for sale | 17,839,000 | 17,560,000 | 17,449,000 | 13,895,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,261,000 | 57,619,000 | 58,109,000 | 57,893,000 |
| Interest-bearing deposits | 47,853,000 | 49,481,000 | 49,642,000 | 49,196,000 |
| Noninterest-bearing deposits | 8,408,000 | 8,138,000 | 8,467,000 | 8,697,000 |
| Equity capital | 8,875,000 | 9,069,000 | 9,100,000 | 9,004,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 731,000 | 1,486,000 | 2,275,000 | 3,076,000 |
| Interest expense | 75,000 | 154,000 | 238,000 | 320,000 |
| Net interest income | 656,000 | 1,332,000 | 2,037,000 | 2,756,000 |
| Noninterest income | 126,000 | 256,000 | 377,000 | 511,000 |
| Noninterest expense | 587,000 | 1,174,000 | 1,758,000 | 2,365,000 |
| Provision for loan losses | 32,000 | 63,000 | 95,000 | 126,000 |
| Pretax income | 163,000 | 351,000 | 561,000 | 771,000 |
| Income tax | 13,000 | 26,000 | 39,000 | 45,000 |
| Net income | 150,000 | 325,000 | 522,000 | 726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,799,000 | 8,861,000 | 8,917,000 | 8,952,000 |
| Total capital | 9,317,000 | 9,390,000 | 9,471,000 | 9,527,000 |
| Risk-weighted assets | 41,324,000 | 42,301,000 | 44,290,000 | 45,958,000 |