Call reports 2023
UBANK — 2023
What UBANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 130,601,000 | 130,484,000 | 138,301,000 | 141,586,000 |
| Total loans | 100,641,000 | 102,048,000 | 105,602,000 | 109,803,000 |
| Allowance for loan losses | 1,754,000 | 1,749,000 | 1,767,000 | 1,777,000 |
| Securities available for sale | 18,857,000 | 18,428,000 | 17,948,000 | 15,174,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,766,000 | 114,474,000 | 119,439,000 | 121,407,000 |
| Interest-bearing deposits | 85,498,000 | 88,107,000 | 96,177,000 | 99,960,000 |
| Noninterest-bearing deposits | 25,268,000 | 26,367,000 | 23,262,000 | 21,447,000 |
| Equity capital | 13,800,000 | 14,780,000 | 17,469,000 | 18,625,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,553,000 | 3,279,000 | 5,242,000 | 7,314,000 |
| Interest expense | 353,000 | 782,000 | 1,366,000 | 2,057,000 |
| Net interest income | 1,200,000 | 2,497,000 | 3,876,000 | 5,257,000 |
| Noninterest income | 157,000 | 277,000 | 403,000 | 524,000 |
| Noninterest expense | 1,114,000 | 2,233,000 | 3,428,000 | 4,690,000 |
| Provision for loan losses | 118,000 | 151,000 | 176,000 | 191,000 |
| Pretax income | 128,000 | 390,000 | 675,000 | 903,000 |
| Income tax | 32,000 | 65,000 | 97,000 | -76,000 |
| Net income | 96,000 | 325,000 | 578,000 | 979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,166,000 | 16,220,000 | 19,113,000 | 19,614,000 |