Call reports 2020
UBANK — 2020
What UBANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 271,181,000 | 305,149,000 | 311,594,000 | 307,997,000 |
| Total loans | 204,458,000 | 227,381,000 | 237,748,000 | 233,884,000 |
| Allowance for loan losses | 2,934,000 | 3,102,000 | 3,407,000 | 3,713,000 |
| Securities available for sale | 17,828,000 | 17,308,000 | 15,994,000 | 16,630,000 |
| Securities held to maturity | 1,000 | 5,991,000 | 5,976,000 | 5,994,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,856,000 | 256,242,000 | 270,111,000 | 266,384,000 |
| Interest-bearing deposits | 125,975,000 | 140,771,000 | 164,811,000 | 160,042,000 |
| Noninterest-bearing deposits | 97,881,000 | 115,471,000 | 105,300,000 | 106,342,000 |
| Equity capital | 27,692,000 | 28,792,000 | 29,084,000 | 29,608,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,180,000 | 6,786,000 | 10,200,000 | 13,559,000 |
| Interest expense | 248,000 | 494,000 | 785,000 | 1,047,000 |
| Net interest income | 2,932,000 | 6,292,000 | 9,415,000 | 12,512,000 |
| Noninterest income | 732,000 | 1,382,000 | 2,054,000 | 2,730,000 |
| Noninterest expense | 2,727,000 | 5,402,000 | 8,376,000 | 11,159,000 |
| Provision for loan losses | 0 | 120,000 | 396,000 | 560,000 |
| Pretax income | 937,000 | 2,152,000 | 2,697,000 | 3,523,000 |
| Income tax | 196,000 | 452,000 | 550,000 | 723,000 |
| Net income | 741,000 | 1,700,000 | 2,147,000 | 2,800,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,630,000 | 28,530,000 | 28,807,000 | 29,348,000 |