Call reports 2015
ULTIMA BANK MINNESOTA — 2015
What ULTIMA BANK MINNESOTA reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 159,892,000 | 170,597,000 | 172,875,000 | 163,084,000 |
| Total loans | 152,717,000 | 161,498,000 | 159,800,000 | 155,577,000 |
| Allowance for loan losses | 1,440,000 | 1,471,000 | 1,578,000 | 1,765,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,232,000 | 142,104,000 | 145,704,000 | 141,058,000 |
| Interest-bearing deposits | 118,137,000 | 125,294,000 | 126,218,000 | 120,310,000 |
| Noninterest-bearing deposits | 18,095,000 | 16,810,000 | 19,486,000 | 20,748,000 |
| Equity capital | 14,391,000 | 14,900,000 | 15,585,000 | 14,503,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,113,000 | 4,408,000 | 6,763,000 | 9,102,000 |
| Interest expense | 228,000 | 473,000 | 734,000 | 988,000 |
| Net interest income | 1,885,000 | 3,935,000 | 6,029,000 | 8,114,000 |
| Noninterest income | 126,000 | 280,000 | 483,000 | 744,000 |
| Noninterest expense | 1,064,000 | 2,235,000 | 3,292,000 | 4,507,000 |
| Provision for loan losses | 120,000 | 250,000 | 375,000 | 560,000 |
| Pretax income | 827,000 | 1,730,000 | 2,845,000 | 3,791,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | 827,000 | 1,728,000 | 2,843,000 | 3,789,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,354,000 | 14,864,000 | 15,551,000 | 14,470,000 |
| Total capital | 15,794,000 | 16,335,000 | 17,129,000 | 16,235,000 |
| Risk-weighted assets | 134,683,000 | 137,076,000 | 147,626,000 | 146,763,000 |