Call reports 2018
UBANK — 2018
What UBANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 67,135,000 | 66,317,000 | 66,808,000 | 64,803,000 |
| Total loans | 44,820,000 | 45,858,000 | 46,333,000 | 45,344,000 |
| Allowance for loan losses | 625,000 | 655,000 | 646,000 | 563,000 |
| Securities available for sale | 13,519,000 | 12,133,000 | 11,806,000 | 11,083,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,475,000 | 56,525,000 | 56,911,000 | 55,064,000 |
| Interest-bearing deposits | 48,495,000 | 47,380,000 | 47,805,000 | 45,884,000 |
| Noninterest-bearing deposits | 8,980,000 | 9,145,000 | 9,106,000 | 9,180,000 |
| Equity capital | 8,932,000 | 8,979,000 | 8,980,000 | 9,048,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 777,000 | 1,584,000 | 2,390,000 | 3,202,000 |
| Interest expense | 87,000 | 178,000 | 274,000 | 374,000 |
| Net interest income | 690,000 | 1,406,000 | 2,116,000 | 2,828,000 |
| Noninterest income | 125,000 | 261,000 | 407,000 | 535,000 |
| Noninterest expense | 594,000 | 1,183,000 | 1,796,000 | 2,406,000 |
| Provision for loan losses | 32,000 | 73,000 | 105,000 | 136,000 |
| Pretax income | 189,000 | 411,000 | 622,000 | 821,000 |
| Income tax | 12,000 | 23,000 | 35,000 | 46,000 |
| Net income | 177,000 | 388,000 | 587,000 | 775,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,999,000 | 9,063,000 | 9,109,000 | 9,157,000 |
| Total capital | 9,577,000 | 9,645,000 | 9,689,000 | 9,720,000 |
| Risk-weighted assets | 46,257,000 | 46,492,000 | 46,367,000 | 45,908,000 |