|
 |
|
|
 Ultima Bank Minnesota
Ultima Bank Minnesota
| RSSD ID 225157 | CERTIFICATE 8867 | ABA NUMBER 91209933 |
| 9 W Minnesota Ave |
Quarter Ended : |
2025-03-31 |
| Winger, Minnesota, 56592 |
Updated : |
2025-05-09 |
| www.ultimabank.com |
|
| 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 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
6 |
Number of Employees : |
50 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 302,332 |
|
Total Interest Income | 5,533 |
| Total Liabilities | 269,994 |
|
Total NonInterest Income | 183 |
| Total Bank Equity Capital | 32,338 |
|
Total Interest Expense | 1,770 |
| Total Deposits | 262,352 |
|
Total NonInterest Expense | 1,942 |
| Net Loans & Leases | 278,366 |
|
Net Income | 1,728 |
| Loan Loss Allowance | 2,578 |
|
Net Charge Offs | 0 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 275,770 |
| Total assets for the leverage ratio | 292,711 |
|
Loans secured by real estate: | 157,548 |
| Tier 1 Leverage Ratio | 10.8 |
|
Commercial and industrial loans | 31,995 |
| Off Balance Sheet Exposures (%) | 0.72 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 5,621 |
|
|
|
|
:· Ultima Bank Minnesota
