Call reports 2017
ULTIMA BANK MINNESOTA — 2017
What ULTIMA BANK MINNESOTA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 163,977,000 | 171,367,000 | 165,425,000 | 162,998,000 |
| Total loans | 157,591,000 | 163,685,000 | 156,443,000 | 156,789,000 |
| Allowance for loan losses | 2,296,000 | 2,276,000 | 2,336,000 | 1,963,000 |
| Securities available for sale | 0 | 0 | 0 | 60,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,606,000 | 136,661,000 | 136,899,000 | 135,856,000 |
| Interest-bearing deposits | 125,132,000 | 119,167,000 | 119,723,000 | 114,283,000 |
| Noninterest-bearing deposits | 19,474,000 | 17,494,000 | 17,176,000 | 21,573,000 |
| Equity capital | 16,400,000 | 16,826,000 | 17,474,000 | 16,650,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,315,000 | 4,781,000 | 7,256,000 | 9,641,000 |
| Interest expense | 286,000 | 600,000 | 944,000 | 1,267,000 |
| Net interest income | 2,029,000 | 4,181,000 | 6,312,000 | 8,374,000 |
| Noninterest income | 123,000 | 255,000 | 382,000 | 608,000 |
| Noninterest expense | 1,183,000 | 2,421,000 | 3,579,000 | 4,862,000 |
| Provision for loan losses | 80,000 | 260,000 | 320,000 | 320,000 |
| Pretax income | 889,000 | 1,755,000 | 2,795,000 | 3,800,000 |
| Income tax | 3,000 | 4,000 | 5,000 | 5,000 |
| Net income | 886,000 | 1,751,000 | 2,790,000 | 3,795,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,375,000 | 16,803,000 | 17,452,000 | 16,578,000 |
| Total capital | 18,163,000 | 18,639,000 | 19,240,000 | 18,559,000 |
| Risk-weighted assets | 142,501,000 | 146,434,000 | 142,517,000 | 156,633,000 |