Call reports 2001
ULTIMA BANK MINNESOTA — 2001
What ULTIMA BANK MINNESOTA reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 39,711,000 | 40,722,000 | 40,625,000 | 42,365,000 |
| Total loans | 35,526,000 | 36,913,000 | 36,591,000 | 37,036,000 |
| Allowance for loan losses | 450,000 | 450,000 | 454,000 | 507,000 |
| Securities available for sale | 69,000 | 67,000 | 40,000 | 40,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,075,000 | 36,289,000 | 36,055,000 | 37,978,000 |
| Interest-bearing deposits | 33,364,000 | 32,896,000 | 32,471,000 | 33,617,000 |
| Noninterest-bearing deposits | 2,711,000 | 3,393,000 | 3,584,000 | 4,361,000 |
| Equity capital | 3,103,000 | 3,237,000 | 3,329,000 | 3,282,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 935,000 | 1,846,000 | 2,741,000 | 3,523,000 |
| Interest expense | 463,000 | 890,000 | 1,281,000 | 1,599,000 |
| Net interest income | 472,000 | 956,000 | 1,460,000 | 1,924,000 |
| Noninterest income | 56,000 | 168,000 | 233,000 | 294,000 |
| Noninterest expense | 368,000 | 735,000 | 1,121,000 | 1,523,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 230,000 |
| Pretax income | 160,000 | 389,000 | 542,000 | 465,000 |
| Income tax | 60,000 | 155,000 | 215,000 | 185,000 |
| Net income | 100,000 | 234,000 | 327,000 | 280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,102,000 | 3,236,000 | 3,329,000 | 3,282,000 |
| Total capital | 3,518,000 | 3,664,000 | 3,756,000 | 3,719,000 |
| Risk-weighted assets | 33,219,000 | 34,246,000 | 34,131,000 | 34,874,000 |