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 | 436,920,000 | 464,150,000 | 522,008,000 | 561,714,000 |
| Total loans | 328,509,000 | 356,369,000 | 403,152,000 | 432,784,000 |
| Allowance for loan losses | 4,598,000 | 5,150,000 | 5,949,000 | 6,252,000 |
| Securities available for sale | 36,006,000 | 33,194,000 | 31,164,000 | 29,803,000 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 380,494,000 | 395,407,000 | 432,343,000 | 465,770,000 |
| Interest-bearing deposits | 242,305,000 | 251,120,000 | 282,553,000 | 240,651,000 |
| Noninterest-bearing deposits | 138,189,000 | 144,287,000 | 149,790,000 | 225,119,000 |
| Equity capital | 38,780,000 | 51,033,000 | 51,619,000 | 53,116,000 |
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 | 4,264,000 | 8,913,000 | 14,802,000 | 21,646,000 |
| Interest expense | 285,000 | 620,000 | 1,394,000 | 2,953,000 |
| Net interest income | 3,979,000 | 8,293,000 | 13,408,000 | 18,693,000 |
| Noninterest income | 668,000 | 1,535,000 | 2,357,000 | 3,159,000 |
| Noninterest expense | 3,530,000 | 7,308,000 | 11,201,000 | 15,171,000 |
| Provision for loan losses | 322,000 | 945,000 | 1,725,000 | 2,010,000 |
| Pretax income | 795,000 | 1,575,000 | 2,839,000 | 4,671,000 |
| Income tax | 167,000 | 331,000 | 592,000 | 941,000 |
| Net income | 628,000 | 1,244,000 | 2,247,000 | 3,730,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,951,000 | 53,646,000 | 54,648,000 | 56,131,000 |