Call reports 2010
ULTIMA BANK MINNESOTA — 2010
What ULTIMA BANK MINNESOTA reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 100,681,000 | 101,787,000 | 104,985,000 | 100,276,000 |
| Total loans | 92,639,000 | 95,934,000 | 98,880,000 | 96,308,000 |
| Allowance for loan losses | 1,439,000 | 1,598,000 | 1,681,000 | 1,385,000 |
| Securities available for sale | 65,000 | 65,000 | 65,000 | 65,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,546,000 | 87,541,000 | 91,959,000 | 88,767,000 |
| Interest-bearing deposits | 80,522,000 | 79,047,000 | 83,889,000 | 79,439,000 |
| Noninterest-bearing deposits | 10,024,000 | 8,494,000 | 8,070,000 | 9,328,000 |
| Equity capital | 9,760,000 | 10,071,000 | 10,323,000 | 10,481,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,530,000 | 3,072,000 | 4,657,000 | 6,206,000 |
| Interest expense | 308,000 | 599,000 | 884,000 | 1,158,000 |
| Net interest income | 1,222,000 | 2,473,000 | 3,773,000 | 5,048,000 |
| Noninterest income | 105,000 | 268,000 | 400,000 | 575,000 |
| Noninterest expense | 679,000 | 1,360,000 | 2,090,000 | 2,902,000 |
| Provision for loan losses | 215,000 | 395,000 | 545,000 | 665,000 |
| Pretax income | 433,000 | 986,000 | 1,538,000 | 2,056,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 2,000 |
| Net income | 432,000 | 985,000 | 1,537,000 | 2,054,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,760,000 | 10,071,000 | 10,323,000 | 10,481,000 |
| Total capital | 10,803,000 | 11,124,000 | 11,421,000 | 11,520,000 |
| Risk-weighted assets | 83,026,000 | 83,712,000 | 87,226,000 | 82,790,000 |