Call reports 2019
UBANK — 2019
What UBANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 67,065,000 | 66,385,000 | 67,033,000 | 66,811,000 |
| Total loans | 45,757,000 | 47,211,000 | 48,392,000 | 46,027,000 |
| Allowance for loan losses | 575,000 | 610,000 | 572,000 | 563,000 |
| Securities available for sale | 10,965,000 | 10,404,000 | 10,180,000 | 9,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,107,000 | 56,225,000 | 56,650,000 | 56,602,000 |
| Interest-bearing deposits | 47,805,000 | 46,732,000 | 47,145,000 | 47,310,000 |
| Noninterest-bearing deposits | 9,302,000 | 9,493,000 | 9,505,000 | 9,292,000 |
| Equity capital | 9,173,000 | 9,293,000 | 9,400,000 | 9,418,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 794,000 | 1,616,000 | 2,449,000 | 3,289,000 |
| Interest expense | 107,000 | 223,000 | 348,000 | 475,000 |
| Net interest income | 687,000 | 1,393,000 | 2,101,000 | 2,814,000 |
| Noninterest income | 114,000 | 230,000 | 400,000 | 521,000 |
| Noninterest expense | 620,000 | 1,243,000 | 1,841,000 | 2,472,000 |
| Provision for loan losses | 32,000 | 63,000 | 95,000 | 126,000 |
| Pretax income | 149,000 | 317,000 | 565,000 | 737,000 |
| Income tax | 11,000 | 21,000 | 32,000 | 38,000 |
| Net income | 138,000 | 296,000 | 533,000 | 699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,193,000 | 9,237,000 | 9,335,000 | 9,336,000 |
| Total capital | 9,768,000 | 9,847,000 | 9,907,000 | 9,899,000 |
| Risk-weighted assets | 47,094,000 | 48,999,000 | 49,229,000 | 47,477,000 |