Call reports 2005
ULTIMA BANK MINNESOTA — 2005
What ULTIMA BANK MINNESOTA reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 51,983,000 | 52,058,000 | 54,929,000 | 55,111,000 |
| Total loans | 48,142,000 | 47,736,000 | 48,367,000 | 47,929,000 |
| Allowance for loan losses | 542,000 | 640,000 | 549,000 | 481,000 |
| Securities available for sale | 140,000 | 140,000 | 140,000 | 140,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,762,000 | 47,171,000 | 49,997,000 | 50,557,000 |
| Interest-bearing deposits | 41,796,000 | 42,496,000 | 45,054,000 | 44,546,000 |
| Noninterest-bearing deposits | 4,966,000 | 4,675,000 | 4,943,000 | 6,011,000 |
| Equity capital | 3,899,000 | 4,036,000 | 4,263,000 | 4,381,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 801,000 | 1,684,000 | 2,637,000 | 3,616,000 |
| Interest expense | 212,000 | 474,000 | 793,000 | 1,149,000 |
| Net interest income | 589,000 | 1,210,000 | 1,844,000 | 2,467,000 |
| Noninterest income | 67,000 | 133,000 | 210,000 | 286,000 |
| Noninterest expense | 394,000 | 825,000 | 1,205,000 | 1,640,000 |
| Provision for loan losses | 35,000 | 55,000 | 55,000 | 55,000 |
| Pretax income | 227,000 | 463,000 | 794,000 | 1,058,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 227,000 | 463,000 | 794,000 | 1,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,899,000 | 4,036,000 | 4,263,000 | 4,381,000 |
| Total capital | 4,441,000 | 4,567,000 | 4,810,000 | 4,862,000 |
| Risk-weighted assets | 43,538,000 | 42,391,000 | 43,722,000 | 43,536,000 |