Call reports 2013
ULTIMA BANK MINNESOTA — 2013
What ULTIMA BANK MINNESOTA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 132,906,000 | 135,913,000 | 142,200,000 | 147,147,000 |
| Total loans | 122,051,000 | 129,419,000 | 133,428,000 | 138,765,000 |
| Allowance for loan losses | 1,587,000 | 1,597,000 | 1,483,000 | 1,511,000 |
| Securities available for sale | 30,000 | 30,000 | 30,000 | 30,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,225,000 | 116,834,000 | 124,424,000 | 127,080,000 |
| Interest-bearing deposits | 100,619,000 | 99,594,000 | 106,389,000 | 107,674,000 |
| Noninterest-bearing deposits | 19,606,000 | 17,240,000 | 18,035,000 | 19,406,000 |
| Equity capital | 12,077,000 | 12,544,000 | 12,860,000 | 12,586,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,765,000 | 3,584,000 | 5,587,000 | 7,527,000 |
| Interest expense | 190,000 | 371,000 | 553,000 | 737,000 |
| Net interest income | 1,575,000 | 3,213,000 | 5,034,000 | 6,790,000 |
| Noninterest income | 108,000 | 259,000 | 324,000 | 705,000 |
| Noninterest expense | 1,009,000 | 2,025,000 | 3,106,000 | 4,227,000 |
| Provision for loan losses | 30,000 | 40,000 | 130,000 | 150,000 |
| Pretax income | 644,000 | 1,407,000 | 2,122,000 | 3,118,000 |
| Income tax | 0 | 1,000 | 1,000 | 2,000 |
| Net income | 644,000 | 1,406,000 | 2,121,000 | 3,116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,953,000 | 12,424,000 | 12,744,000 | 12,474,000 |
| Total capital | 13,303,000 | 13,812,000 | 14,170,000 | 13,930,000 |
| Risk-weighted assets | 107,738,000 | 110,871,000 | 114,062,000 | 116,392,000 |