Call reports 2018
ULTIMA BANK MINNESOTA — 2018
What ULTIMA BANK MINNESOTA reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 169,737,000 | 179,412,000 | 180,958,000 | 176,649,000 |
| Total loans | 161,324,000 | 172,951,000 | 172,462,000 | 168,272,000 |
| Allowance for loan losses | 1,999,000 | 2,116,000 | 2,115,000 | 2,108,000 |
| Securities available for sale | 66,000 | 66,000 | 56,000 | 46,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,011,000 | 142,440,000 | 154,141,000 | 156,257,000 |
| Interest-bearing deposits | 120,130,000 | 125,363,000 | 131,355,000 | 135,648,000 |
| Noninterest-bearing deposits | 22,881,000 | 17,077,000 | 22,786,000 | 20,609,000 |
| Equity capital | 17,674,000 | 18,317,000 | 18,582,000 | 17,473,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,455,000 | 5,184,000 | 8,040,000 | 10,824,000 |
| Interest expense | 341,000 | 792,000 | 1,377,000 | 1,972,000 |
| Net interest income | 2,114,000 | 4,392,000 | 6,663,000 | 8,852,000 |
| Noninterest income | 150,000 | 368,000 | 527,000 | 793,000 |
| Noninterest expense | 1,185,000 | 2,501,000 | 3,730,000 | 5,107,000 |
| Provision for loan losses | 60,000 | 180,000 | 240,000 | 360,000 |
| Pretax income | 1,019,000 | 2,079,000 | 3,220,000 | 4,178,000 |
| Income tax | 1,000 | 3,000 | 4,000 | 4,000 |
| Net income | 1,018,000 | 2,076,000 | 3,216,000 | 4,174,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,570,000 | 18,216,000 | 18,495,000 | 17,400,000 |
| Total capital | 19,411,000 | 20,185,000 | 20,506,000 | 19,301,000 |
| Risk-weighted assets | 145,071,000 | 155,232,000 | 158,994,000 | 150,515,000 |