Ultima Bank Minnesota: Vital Signs
Data as of · Call Report Schedules RC, RC-N, RC-R and RI How we update
The headline measure from each supervisory category on one page: capital adequacy, asset quality, earnings and liquidity, the same four corners a CAMELS examiner works through.
The standout move of Q2 2026 was in Reserve coverage of non-performing loans: 549.10 percentage points lower than in Q1 2026, at 116.52%. Ultima Bank Minnesota ranks 45th of 221 Minnesota banks on return on assets, in the upper half at 1.91% (Q2 2026). Ultima Bank Minnesota's return on assets of 1.91% is well above the 1.25% median for banks in the $100M-1B asset tier, a gap of 0.65 points (Q2 2026).
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | — |
| Tier 1 risk-based capital ratio | — |
| Total risk-based capital ratio | — |
| Tier 1 leverage ratio | 10.83% |
| Equity capital to assets | 10.62% |
| Tangible equity to tangible assets | 10.49% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 0.78% |
| Non-performing assets ratio | 0.73% |
| Net charge-off ratio | 0.01% |
| Texas ratio | 6.66% |
| Allowance for credit losses to loans | 0.91% |
| Reserve coverage of non-performing loans | 116.52% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 1.91% |
| Return on equity | 17.66% |
| Net interest margin | 5.12% |
| Efficiency ratio | 59.15% |
| Yield on earning assets | 7.49% |
| Cost of funds | 2.59% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 113.27% |
| Core deposits to total deposits | 80.86% |
| Brokered deposits to total deposits | 10.94% |
| Deposits to assets | 83.05% |
| Securities to assets | 0.04% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | Tier 1 leverage | ROA | Net interest margin | NPL ratio | Net charge-off ratio |
|---|---|---|---|---|---|
| Q3 2023 | 9.53% | 1.63% | 4.76% | 0.60% | -0.01% |
| Q4 2023 | 9.32% | 2.10% | 5.28% | 0.60% | 0.00% |
| Q1 2024 | 9.67% | 2.24% | 5.18% | 0.39% | -0.00% |
| Q2 2024 | 10.71% | 2.38% | 5.08% | 0.36% | 0.00% |
| Q3 2024 | 10.79% | 2.28% | 5.09% | 0.33% | 0.09% |
| Q4 2024 | 10.24% | 1.82% | 5.06% | 0.29% | -0.00% |
| Q1 2025 | 10.80% | 2.36% | 5.33% | 0.08% | 0.00% |
| Q2 2025 | 10.86% | 2.31% | 5.15% | 0.28% | 0.00% |
| Q3 2025 | 10.94% | 2.25% | 5.16% | 0.24% | 0.00% |
| Q4 2025 | 11.14% | 1.71% | 5.08% | 0.21% | -0.05% |
| Q1 2026 | 10.73% | 1.65% | 5.09% | 0.14% | -0.00% |
| Q2 2026 | 10.83% | 1.91% | 5.12% | 0.78% | 0.01% |
Ultima Bank Minnesota vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock Ultima Bank Minnesota, freeSource: Call Report Schedules RC, RC-N, RC-R and RI, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Ultima Bank Minnesota profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8867) · FFIEC NIC profile (RSSD 225157)