BlastPoint's Banking Scorecard
Ultima Bank Minnesota
Winger, MN
6 branches across MN
Ultima Bank Minnesota has 4 strengths but faces 5 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Net Interest Margin 1.14% above tier average
- + ROA 0.37% above tier average
- + Efficiency Ratio 8.30% below tier average
- + Delinquency Rate 0.70% below tier average
Key Concerns
Areas that may need attention
- - Credit Quality Pressure: Bottom 21.0% in tier
- - Credit Risk Growth: Bottom 24.0% in tier
- - Margin Compression: Bottom 26.6% in tier
- - Cost Spiral: Bottom 42.9% in tier
- - Loan-to-Deposit Ratio 28.81% above tier average
Core Metrics
As of 2026-Q1
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$319.1M
+5.5% YoY
+0.6% QoQ
|
-$67.0M |
$386.1M
+0.5% YoY
|
$512.9M
+5.5% YoY
|
$6.2B
+9.1% YoY
|
49% |
| Total Loans ? |
$295.9M
+6.3% YoY
+2.2% QoQ
|
+$40.2M |
$255.7M
+1.1% YoY
|
$288.3M
+6.9% YoY
|
$3.2B
+10.8% YoY
|
67% |
| Total Deposits ? |
$280.6M
+7.0% YoY
+1.1% QoQ
|
-$47.3M |
$328.0M
+0.1% YoY
|
$443.8M
+5.0% YoY
|
$4.8B
+8.2% YoY
|
51% |
| Return on Assets ? |
1.63%
-29.8% YoY
-23.7% QoQ
|
+0.37% |
1.27%
+12.9% YoY
|
1.13%
+10.7% YoY
|
1.23%
+13.4% YoY
|
74% |
| Net Interest Margin ? |
5.07%
-5.3% YoY
-3.1% QoQ
|
+1.14% |
3.93%
+6.0% YoY
|
3.93%
+7.5% YoY
|
3.89%
+5.7% YoY
|
Top 6.3% in tier |
| Efficiency Ratio ? |
56.99%
+19.4% YoY
+8.0% QoQ
|
-8.30% |
65.29%
-4.5% YoY
|
64.77%
-3.3% YoY
|
66.95%
-4.1% YoY
|
68% |
| Delinquency Rate ? |
0.19%
+143.3% YoY
-11.6% QoQ
|
-0.70% |
0.89%
+18.8% YoY
|
1.04%
+28.9% YoY
|
0.95%
+18.8% YoY
|
66% |
| Loan-to-Deposit Ratio ? |
105.44%
-0.6% YoY
+1.1% QoQ
|
+28.81% |
76.64%
+0.8% YoY
|
76.69%
-0.4% YoY
|
76.70%
+0.9% YoY
|
Bottom 4.8% in tier |
| Non-Interest-Bearing Deposit Share ? |
17.92%
-0.2% YoY
-1.9% QoQ
|
-4.10% |
22.02%
-1.0% YoY
|
21.87%
-0.9% YoY
|
22.01%
-1.2% YoY
|
36% |
| Nonperforming Asset Ratio ? |
0.17%
+145.1% YoY
-10.2% QoQ
|
-0.47% |
0.64%
+19.7% YoY
|
0.77%
+27.1% YoY
|
0.67%
+19.3% YoY
|
62% |
| Tier 1 Capital Ratio ? |
10.73%
-0.6% YoY
-3.7% QoQ
|
-5.10% |
15.83%
+1.5% YoY
|
15.37%
+0.7% YoY
|
17.06%
+0.8% YoY
|
20% |
| Non-Interest Income / Assets ? |
0.06%
-3.7% YoY
-78.9% QoQ
|
-0.22% |
0.28%
+9.3% YoY
|
0.16%
+5.0% YoY
|
0.32%
+4.1% YoY
|
24% |
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Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (0)
Concerns (4)
Credit Quality Pressure
riskDelinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.
Credit Risk Growth
riskLoan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.
Margin Compression
declineProfitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.
Cost Spiral
riskHistorically lean operator (efficiency < 75%) now seeing 5+ point efficiency ratio increase YoY despite strong profitability. Efficiency advantage eroding.
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.