Call reports 2016
ULTIMA BANK MINNESOTA — 2016
What ULTIMA BANK MINNESOTA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 160,080,000 | 169,733,000 | 169,577,000 | 166,675,000 |
| Total loans | 152,676,000 | 163,361,000 | 161,853,000 | 160,592,000 |
| Allowance for loan losses | 1,903,000 | 2,081,000 | 2,193,000 | 2,234,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,555,000 | 142,762,000 | 147,006,000 | 148,606,000 |
| Interest-bearing deposits | 123,642,000 | 128,025,000 | 129,374,000 | 128,070,000 |
| Noninterest-bearing deposits | 17,913,000 | 14,737,000 | 17,632,000 | 20,536,000 |
| Equity capital | 15,569,000 | 15,899,000 | 16,568,000 | 15,514,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,440,000 | 4,849,000 | 7,383,000 | 9,765,000 |
| Interest expense | 266,000 | 547,000 | 842,000 | 1,131,000 |
| Net interest income | 2,174,000 | 4,302,000 | 6,541,000 | 8,634,000 |
| Noninterest income | 159,000 | 312,000 | 454,000 | 663,000 |
| Noninterest expense | 1,147,000 | 2,379,000 | 3,495,000 | 4,719,000 |
| Provision for loan losses | 120,000 | 290,000 | 400,000 | 440,000 |
| Pretax income | 1,066,000 | 1,945,000 | 3,100,000 | 4,138,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 1,066,000 | 1,944,000 | 3,099,000 | 4,137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,538,000 | 15,869,000 | 16,540,000 | 15,488,000 |
| Total capital | 17,297,000 | 17,738,000 | 18,435,000 | 17,348,000 |
| Risk-weighted assets | 140,602,000 | 149,343,000 | 151,312,000 | 148,386,000 |