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 | 595,514,000 | 630,410,000 | 631,527,000 | 631,762,000 |
| Total loans | 467,335,000 | 496,985,000 | 502,212,000 | 501,858,000 |
| Allowance for loan losses | 6,589,000 | 6,977,000 | 7,274,000 | 7,596,000 |
| Securities available for sale | 29,483,000 | 28,315,000 | 25,917,000 | 26,668,000 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 3,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 496,949,000 | 534,003,000 | 533,136,000 | 532,945,000 |
| Interest-bearing deposits | 264,236,000 | 295,427,000 | 302,666,000 | 358,577,000 |
| Noninterest-bearing deposits | 232,713,000 | 238,576,000 | 230,470,000 | 174,368,000 |
| Equity capital | 54,820,000 | 57,090,000 | 58,117,000 | 61,142,000 |
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 | 8,029,000 | 17,050,000 | 26,760,000 | 36,811,000 |
| Interest expense | 2,651,000 | 5,907,000 | 9,731,000 | 13,651,000 |
| Net interest income | 5,378,000 | 11,143,000 | 17,029,000 | 23,160,000 |
| Noninterest income | 879,000 | 1,776,000 | 2,690,000 | 3,795,000 |
| Noninterest expense | 4,211,000 | 8,289,000 | 12,521,000 | 17,094,000 |
| Provision for loan losses | 332,000 | 707,000 | 1,082,000 | 1,428,000 |
| Pretax income | 1,714,000 | 3,923,000 | 6,116,000 | 8,433,000 |
| Income tax | 358,000 | 822,000 | 1,283,000 | 1,732,000 |
| Net income | 1,356,000 | 3,101,000 | 4,833,000 | 6,701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,486,000 | 60,032,000 | 61,764,000 | 63,631,000 |