Undivided Earnings
Matches the Undivided Earnings row of NCUA's Financial Performance Report (FPR, row SFI1_28). Before 2022-Q1: account 940. From 2022-Q1: 940 plus 602, because the FPR began to include net income not yet closed to retained earnings; outside December a credit union carries it in 602 until the year-end close.
undivided_earnings · A figure computed from filed figures
Definition
Two versions. Release v2026.2.27 covers Q1 2019 to Q2 2026, so its figures break at Q1 2022. Why account codes change
- Q1 2022
602is read. The series breaks here: a figure before it and one after are not read from the same accounts.
2 accounts, 1 of which a change of definition adds, drops or turns round.
| Account | NCUA's description, on the current form | Version 1until Q4 2021 | Version 2from Q1 2022 |
|---|---|---|---|
940 | Undivided Earnings | added | added |
602 | Net Income (unless this amount is already included in Undivided Earnings) Read from Q1 2022 | not read | added |
The callseries expressions
- Version 2, from Q1 2022
a940 + a602- Version 1, until Q4 2021
a940
The form’s account 940 is a940 in an expression and in the release’s files.
The release publishes no peer figures for this measure.
About the series
- Code
undivided_earnings· currency- Coverage
- Q1 2019 to Q2 2026: the cycles 2019-03-31 to 2026-06-30
- NCUA
- NCUA's Financial Performance Report has a line defined by the same accounts. How the engine compares them
- Same accounts
- GAAP Equity also reads
940and602. - Net Income (for GAAP Equity) also reads
602. - Undivided Earnings (a940 only) also reads
940.
- GAAP Equity also reads
- Ratios
- No ratio uses this measure. Ratios that use a measure with the same accounts:
- GAAP Equity / Total Assets, through GAAP Equity
- How to cite it
- QuarterCall Callseries, series
undivided_earnings, release v2026.2.27.
NCUA’s descriptions are the current Call Report form’s wording.
Source: NCUA Call Report; definitions from the catalogue of release v2026.2.27.
QuarterCall publishes analysis of publicly available NCUA Call Report data. Nothing here is investment, financial, or membership advice.