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Ultima Bank Minnesota
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Ultima Bank Minnesota
| RSSD ID 225157 | CERTIFICATE 8867 | ABA NUMBER 91209933 |
| 9 W Minnesota Ave |
Quarter Ended : |
2026-06-30 |
| Winger, Minnesota, 56592 |
Updated : |
2026-07-15 |
| www.ultima.bank |
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| Institution Profile |
| Year Opened : |
1904 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
6 |
Number of Employees : |
55 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 333,896 |
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Total Interest Income | 11,549 |
| Total Liabilities | 298,435 |
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Total NonInterest Income | 409 |
| Total Bank Equity Capital | 35,461 |
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Total Interest Expense | 3,680 |
| Total Deposits | 277,289 |
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Total NonInterest Expense | 4,900 |
| Net Loans & Leases | 311,249 |
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Net Income | 2,840 |
| Loan Loss Allowance | 2,849 |
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Net Charge Offs | 7 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 305,432 |
| Total assets for the leverage ratio | 322,850 |
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Loans secured by real estate: | 166,182 |
| Tier 1 Leverage Ratio | 10.83 |
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Commercial and industrial loans | 41,178 |
| Off Balance Sheet Exposures (%) | 2.5 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 5,076 |
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