Call reports 2008
UBANK — 2008
What UBANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 192,572,000 | 207,075,000 | 211,465,000 | 217,017,000 |
| Total loans | 133,738,000 | 142,517,000 | 148,982,000 | 155,256,000 |
| Allowance for loan losses | 1,306,000 | 1,253,000 | 1,385,000 | 1,472,000 |
| Securities available for sale | 18,016,000 | 15,704,000 | 21,845,000 | 16,348,000 |
| Securities held to maturity | 175,000 | 165,000 | 158,000 | 152,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,230,000 | 176,299,000 | 180,320,000 | 185,912,000 |
| Interest-bearing deposits | 111,272,000 | 124,593,000 | 128,880,000 | 133,496,000 |
| Noninterest-bearing deposits | 52,958,000 | 51,706,000 | 51,440,000 | 52,416,000 |
| Equity capital | 15,815,000 | 15,879,000 | 16,422,000 | 16,799,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,062,000 | 6,171,000 | 9,312,000 | 12,462,000 |
| Interest expense | 930,000 | 1,844,000 | 2,789,000 | 3,697,000 |
| Net interest income | 2,132,000 | 4,327,000 | 6,523,000 | 8,765,000 |
| Noninterest income | 913,000 | 1,864,000 | 2,842,000 | 3,791,000 |
| Noninterest expense | 2,673,000 | 5,365,000 | 7,988,000 | 10,844,000 |
| Provision for loan losses | -13,000 | 150,000 | 302,000 | 431,000 |
| Pretax income | 385,000 | 713,000 | 1,112,000 | 1,361,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 385,000 | 713,000 | 1,112,000 | 1,361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,692,000 | 16,019,000 | 16,418,000 | 16,667,000 |
| Total capital | 16,998,000 | 17,272,000 | 17,803,000 | 18,139,000 |
| Risk-weighted assets | 139,474,000 | 150,128,000 | 156,492,000 | 161,725,000 |