Bank Comparison
Ultima Bank Minnesota vs Citizens Independent Bank
Side-by-side regulatory financials for the latest quarter on file with the FFIEC.
vs
15 · 5
winning metrics across 20 comparable rows
Capital adequacy
| Metric | Ultima Bank Minnesota | Citizens Independent Bank |
|---|---|---|
| CET1 Ratio | — | 17.43% |
| Tier 1 Capital Ratio | — | 17.43% |
| Total Capital Ratio | — | 18.28% |
| Tier 1 Leverage Ratio | 10.73% | 12.13% |
| Equity / Assets | 10.75% | 9.38% |
Profitability
| Metric | Ultima Bank Minnesota | Citizens Independent Bank |
|---|---|---|
| Return on Assets (ROA) | 1.65% | 0.55% |
| Return on Equity (ROE) | 14.84% | 5.68% |
| Net Interest Margin (NIM) | 5.09% | 3.82% |
| Yield on Earning Assets | 7.49% | 4.84% |
| Cost of Funds | 2.60% | 1.15% |
Asset quality
| Metric | Ultima Bank Minnesota | Citizens Independent Bank |
|---|---|---|
| Texas Ratio | 1.51% | 3.44% |
| Non-Performing Loan Ratio | 0.14% | 0.10% |
| Non-Performing Asset Ratio | 0.13% | 0.34% |
| Net Charge-Off Ratio | 0.00% | 5.84% |
| ACL / Loans | 0.93% | 0.89% |
Balance sheet
| Metric | Ultima Bank Minnesota | Citizens Independent Bank |
|---|---|---|
| Total Assets | $319,057K | $317,367K |
| Total Deposits | $280,647K | $270,941K |
| Total Loans | $298,694K | $206,187K |
| Total Equity | $34,296K | $29,768K |
| Net Income (quarter) | $1,300K | $432 |
Liquidity & funding
| Metric | Ultima Bank Minnesota | Citizens Independent Bank |
|---|---|---|
| Loan-to-Deposit Ratio | 106.43% | 76.10% |
| Core Deposit Ratio | 91.40% | 96.72% |
| Uninsured Deposit Ratio | — | — |
Identity
| Metric | Ultima Bank Minnesota | Citizens Independent Bank |
|---|---|---|
| Headquarters City | WINGER | SAINT LOUIS PARK |
| Headquarters State | MN | MN |
| Asset Tier | Small | Small |
| Charter Class | 0 | 0 |
| Regulator | FDIC | FDIC |
| Domestic Branches | 6 | 4 |
| Employees (FTE) | 53 | 57 |
| Established | Jan. 1, 1904, midnight | Jan. 16, 1950, midnight |
About this comparison
All metrics are sourced from FFIEC call report filings — the public regulatory financial reports every FDIC-insured US bank files quarterly. Both banks are reported as of . The "winner" highlight is determined by the supervisory direction convention: higher is better for capital and profitability metrics; lower is better for risk metrics like Texas Ratio and uninsured-deposit ratio.
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