Call reports 2022
UBANK — 2022
What UBANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 107,906,000 | 113,152,000 | 118,307,000 | 122,516,000 |
| Total loans | 64,813,000 | 75,220,000 | 89,674,000 | 95,847,000 |
| Allowance for loan losses | 991,000 | 1,101,000 | 1,193,000 | 1,308,000 |
| Securities available for sale | 13,962,000 | 19,834,000 | 19,279,000 | 19,230,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,837,000 | 99,905,000 | 100,171,000 | 107,587,000 |
| Interest-bearing deposits | 73,632,000 | 77,284,000 | 77,192,000 | 86,594,000 |
| Noninterest-bearing deposits | 20,205,000 | 22,621,000 | 22,979,000 | 20,993,000 |
| Equity capital | 13,209,000 | 12,257,000 | 12,145,000 | 13,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 888,000 | 1,941,000 | 3,218,000 | 4,681,000 |
| Interest expense | 68,000 | 128,000 | 194,000 | 412,000 |
| Net interest income | 820,000 | 1,813,000 | 3,024,000 | 4,269,000 |
| Noninterest income | 129,000 | 248,000 | 373,000 | 472,000 |
| Noninterest expense | 1,015,000 | 2,136,000 | 3,233,000 | 4,393,000 |
| Provision for loan losses | 112,000 | 225,000 | 338,000 | 431,000 |
| Pretax income | -178,000 | -300,000 | -174,000 | -83,000 |
| Income tax | 10,000 | 20,000 | 30,000 | -10,000 |
| Net income | -188,000 | -320,000 | -204,000 | -73,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,679,000 | 13,548,000 | 13,663,000 | 15,153,000 |