Ultima Bank Minnesota, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Ultima Bank Minnesota, formerly called Farmers State Bank of Winger and more recently Farmers State Bank of Fosston-Winger, was founded in 1904 in Winger, Minnesota, a small farming community in the northwest corner of the state. As typical of such communities, Winger's population peaked in the 1940's and then began to dwindle from about 400 to approximately 200 people today.

Ultima Bank Minnesota has a long tradition of giving back to the communities it serves. UBM is Taking Donations for the Area Food Shelves - All branch locations in Winger, Fosston, Bemidji and Plummer have boxes located in their lobbies. Feel free to stop in any one of banks branches and donate to your local food shelf.

Winger
PO Box 9 – 9 West Minnesota Avenue
Winger, MN 56592
(218) 938-4144 or (800) 421-2588
Fax – (218) 938-4170

Fosston
PO Box 299 – 603 Hilligoss Blvd SE
Fosston, MN 56542
(218) 435-2265 or (800) 421-2588
Fax – (218) 435-2266