Call reports 2025
ULTIMA BANK MINNESOTA — 2025
What ULTIMA BANK MINNESOTA reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 302,332,000 | 310,608,000 | 318,504,000 | 317,207,000 |
| Total loans | 280,944,000 | 292,337,000 | 300,126,000 | 292,136,000 |
| Allowance for loan losses | 2,578,000 | 2,627,000 | 2,593,000 | 2,669,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,352,000 | 260,549,000 | 273,816,000 | 277,648,000 |
| Interest-bearing deposits | 215,223,000 | 217,655,000 | 223,658,000 | 226,913,000 |
| Noninterest-bearing deposits | 47,129,000 | 42,894,000 | 50,158,000 | 50,735,000 |
| Equity capital | 32,338,000 | 33,618,000 | 34,899,000 | 35,767,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 5,533,000 | 11,243,000 | 17,195,000 | 23,031,000 |
| Interest expense | 1,770,000 | 3,694,000 | 5,741,000 | 7,708,000 |
| Net interest income | 3,763,000 | 7,549,000 | 11,454,000 | 15,323,000 |
| Noninterest income | 183,000 | 383,000 | 624,000 | 876,000 |
| Noninterest expense | 1,942,000 | 3,988,000 | 6,168,000 | 8,761,000 |
| Provision for loan losses | 52,000 | 101,000 | 67,000 | 103,000 |
| Pretax income | 1,953,000 | 3,843,000 | 5,728,000 | 7,214,000 |
| Income tax | 225,000 | 360,000 | 482,000 | 615,000 |
| Net income | 1,728,000 | 3,483,000 | 5,246,000 | 6,599,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,600,000 | 32,935,000 | 34,269,000 | 35,187,000 |