Ultima Bank Minnesota
Winger, MN
IDRSSD: 225157
Total Assets
$317.21M
Latest filing
Total Deposits
$277.65M
Latest filing
Net Interest Margin
5.09%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
091000022SAINT PAUL, MN
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Ultima Bank Minnesota
9 W Minnesota Ave
Winger, MN 56592
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1904FDIC Certificate 5661
Branches (5)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Ultima Bank Minnesota (Main) | 9 W Minnesota Ave | Winger, MN |
| GARY BRANCH | 112 Main St | Gary, MN |
| FOSSTON BRANCH | 603 Hilligoss Blvd Se | Fosston, MN |
| PLUMMER BRANCH | 101 Central Ave E | Plummer, MN |
| BEMIDJI BRANCH | 101 Shevlin Ave Sw | Bemidji, MN |
| EAST GRAND FORKS BRANCH | 205 Demers Ave | East Grand Forks, MN |
Showing 5 of 5
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1904 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 56592 |
| State and County Number | 27119 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Grand Forks, ND-MN |
Operational Info
| Number of Employees | 53 |
| Domestic Offices | 6 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.ultimabank.com |
| Data Updated | 01/30/2026 |
| CERT | 8867 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $317.21M |
| Total Deposits | $277.65M |
| Total Liabilities | $281.44M |
| Total Equity Capital | $35.77M |
| Net Income | $1.35M |
| Net Loans and Leases | $289.47M |
| Assets Per Employee ($Millions) | $6.1M |
| Bank Premises and Fixed Assets | $1.97M |
| Cash and Balances due from Depository Institutions | $19.07M |
| Deposits Held in Domestic Offices | $277.65M |
Key Performance Ratios
| Return on Assets (ROA) | 1.7% |
| Return on Equity (ROE) | 15.32% |
| Net Interest Margin | 5.09% |
| Efficiency Ratio | 61.73% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.07% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.276% |
| Earning Assets to total Assets | 95.78% |
Income and Expense
| Total Interest Income | $5.84M |
| Total Noninterest Income | $252.00k |
| Total Interest Expense | $1.97M |
| Total Noninterest Expense | $2.59M |
| Net Interest Income | $3.87M |
| Pre-tax Net Operating Income | $1.48M |
| Provision for Credit Losses | $52.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $961.00k |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.83M |
| Total Liabilities and Capital | $317.21M |
Securities
| Securities | $134.00k |
| Available-for-sale debt securities | $0 |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Ultima Bank Minnesota?
$317.21M as of the latest filing.
How much are Ultima Bank Minnesota's total deposits?
$277.65M in total deposits.
Where is Ultima Bank Minnesota located?
Winger, MN.
What is the Net Interest Margin?
5.09%.
How many domestic offices does it operate?
6.
When was it established?
01/01/1904.
What is the Return on Assets (ROA)?
1.7%.
How much are total loans and leases?
$289.47M (latest filing).
What is the total interest income (latest filing)?
$5.84M.