Ultima Bank Minnesota
Ultima Bank Minnesota is a locally rooted FDIC-insured community bank based in Winger, MN, in the years before the Federal Reserve System's founding. On its most recent Q1 2026 call report, Ultima Bank Minnesota reported $319M in total assets against $281M in deposits. The bank posts a strong 1.65% ROA and 14.84% ROE. Under the simplified Community Bank Leverage Ratio framework, leverage of 10.73% exceeds the 9% CBLR threshold. Asset quality is pristine — 0.14% NPLs and a 1.51% Texas Ratio. It operates 6 branches, primarily in Minnesota.
Headquarters Profile
- Address
- 9 W Minnesota Ave, WINGER, MN 56592
- County
- Polk
- Metro Area
- GRAND FORKS, ND-MN
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- Fed District
- 11
- Established
- January 1, 1904
- Branches
- 6 domestic
- Employees (FTE)
- 53
- FDIC Cert
- 8867
- Fed RSSD
- 225157
- Website
- www.ultima.bank →
- Parent Holding Company
- FINANCIAL SERVICES OF WINGER, INC. (RSSD 1127276)
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Watch flags
Automated conditions triggered on this bank's latest filing. Advisory only — see the source metric pages for full context.
Loans outstanding exceed total deposits — the bank is funding the gap with wholesale sources (FHLB advances, brokered deposits, repo) that are more rate-sensitive and can dry up in a stress scenario.
Ultima Bank Minnesota rankings
How this bank ranks against the full population of US commercial banks in each leaderboard. Click any rank to see the full ranked list.
Quarterly trend — last 6 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
Branch Network
Every branch from the FDIC Summary of Deposits — mapped, and listed with the deposits booked at each location.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Loading branches… | |||
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
- Structure ChangeCharter Discontinued (Merger or Purchase & Assumption)FFIEC NIC
- MergerParticipated in Absorption/Consolidation/MergerFDIC
Sourced from unified bank events (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
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Frequently asked about Ultima Bank Minnesota
What are Ultima Bank Minnesota's total assets?
As of the Q1 2026 filing, Ultima Bank Minnesota reported total assets of $319.1 million in its most recent FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Ultima Bank Minnesota headquartered?
Ultima Bank Minnesota is headquartered in WINGER, MN, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was Ultima Bank Minnesota founded?
Ultima Bank Minnesota was established in 1904, per the FDIC institution directory.
Is Ultima Bank Minnesota FDIC-insured?
Yes. Ultima Bank Minnesota is an FDIC-insured commercial bank (FDIC Certificate #8867). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Ultima Bank Minnesota?
Ultima Bank Minnesota's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
How many branches does Ultima Bank Minnesota operate?
Ultima Bank Minnesota operates 6 domestic branches, per the most recent FDIC Summary of Deposits filing.
What is Ultima Bank Minnesota's Texas Ratio?
Ultima Bank Minnesota's Texas Ratio is 1.51% — within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; see our /glossary/texas-ratio/ page for the full definition.
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