Call reports 2009
ULTIMA BANK MINNESOTA — 2009
What ULTIMA BANK MINNESOTA reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 88,407,000 | 89,407,000 | 90,076,000 | 93,216,000 |
| Total loans | 83,405,000 | 84,364,000 | 86,378,000 | 87,934,000 |
| Allowance for loan losses | 1,233,000 | 815,000 | 1,344,000 | 1,294,000 |
| Securities available for sale | 75,000 | 75,000 | 75,000 | 75,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,968,000 | 77,650,000 | 77,468,000 | 83,549,000 |
| Interest-bearing deposits | 70,721,000 | 68,325,000 | 70,535,000 | 75,112,000 |
| Noninterest-bearing deposits | 6,247,000 | 9,325,000 | 6,933,000 | 8,437,000 |
| Equity capital | 7,374,000 | 7,325,000 | 9,125,000 | 9,328,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,439,000 | 2,912,000 | 4,403,000 | 5,925,000 |
| Interest expense | 481,000 | 917,000 | 1,298,000 | 1,633,000 |
| Net interest income | 958,000 | 1,995,000 | 3,105,000 | 4,292,000 |
| Noninterest income | 101,000 | 211,000 | 324,000 | 501,000 |
| Noninterest expense | 630,000 | 1,251,000 | 2,110,000 | 2,693,000 |
| Provision for loan losses | 250,000 | 490,000 | 1,103,000 | 1,253,000 |
| Pretax income | 179,000 | 465,000 | 216,000 | 847,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 2,000 |
| Net income | 178,000 | 464,000 | 214,000 | 845,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,374,000 | 7,325,000 | 9,125,000 | 9,328,000 |
| Total capital | 8,313,000 | 8,140,000 | 10,103,000 | 10,342,000 |
| Risk-weighted assets | 74,842,000 | 75,562,000 | 77,861,000 | 80,811,000 |