FDIC Certificate #: 57157 Status: Active Federal Reserve ID: 2998660 Bank Holding Company (Regulatory Top Holder): Alliance Bank Shares Corporation (RSSDID: 2998651, Location: Andover, MN) Date Established: May 22, 2001 WWW:http://www.1stregentsbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 358656 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: May 22, 2001 Last Structure Change Effective Date: December 14, 2010 Last Structure Change Process Date: December 14, 2010 Last Data Update: December 14, 2010 Data Source Date: April 05, 2012
Location
Address: 1777 Bunker Lake Boulevard Nw, Andover, MN 55304 County: Anoka Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460) CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
Financial Summary
Total assets: $62.8 mil Equity capital: $1.8 mil Deposits held in domestic offices: $57.8 mil Return on assets (ROA): -1.81% (-$1.1 mil) Quarterly return on assets: -0.51% (-$0.3 mil) Return on Equity (ROE): -56.08% (-$1.1 mil) Quarterly return on equity: -17.67% (-$0.4 mil) Net income: -$1.2 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -1.81% (-$1,136.8 mil) Quarterly Pretax return on assets: -0.51% (-$320.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
15Total employees (full-time equivalent)
$62,804Total assets
$10,036Cash and due from depository institutions
$8,701Interest-bearing balances
$7,309Securities
$0Federal funds sold & reverse repurchase agreements
$39,807Net loans & leases
$2,112Loan loss allowance
$0Trading account assets
$109Bank premises and fixed assets
$4,979Other real estate owned
$0Goodwill and other intangibles
$62,804Life insurance assets
$564All other assets
$60,978Total liabilities and capital
$57,791Total liabilities
$52,584Total deposits
$57,791Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,000Trading liabilities
$0Other borrowed funds
$187Subordinated debt
$1,826All other liabilities
$1,826Total equity capital
$1,826Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$11,508Surplus
$-10,182Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,939Income earned, not collected on loans
$0Earning assets
$194Long-term assets (5+ years)
$55,817Average Assets, year-to-date
$4,342Average Assets, quarterly
$68,725Volatile liabilities
$65,294Insider loans
$46,314FHLB advances
$63,358Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,770Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,505Restructured Loans and leases
$1,951Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,952Total interest income
$1,195Total interest expense
$1,757Net interest income
$167Provision for loan and lease losses
-$229Total noninterest income
$0Fiduciary activities
$58Service charges on deposit accounts
$0Trading account gains & fees
-$287Additional noninterest income
$2,626Total noninterest expense
$953Salaries and employee benefits
$429Premises and equipment expense
$1,244Additional noninterest expense
-$1,265Pre-tax net operating income
$21Securities gains (losses)
$0Applicable income taxes
-$1,244Income before extraordinary items
$0Extraordinary gains - net
-$1,244Net income attributable to bank
$0Net charge-offs
-$1,244Cash dividends
$378Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.76%Yield on earning assets
1.93%Cost of funding earning assets
2.83%Net interest margin
-0.37%Noninterest income to earning assets
4.23%Noninterest expense to earning assets
-1.84%Net operating income to assets
-1.81%Return on assets (ROA)
-1.81%Pretax return on assets
-56.08%Return on equity (ROE)
-56.08%Retained earnings to average equity (YTD only)
0.79%Net charge-offs to loans
44.18%Credit loss provision to net charge-offs
-2.90%Efficiency ratio
171,859Assets per employee
4.19%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.04%Loss allowance to noncurrent loans
53.62%Noncurrent assets plus other real estate owned to assets
14.20%Noncurrent loans to loans
9.40%Net loans and leases to deposits
68.88%Net loans and leases to core deposits
104.60%Equity capital to assets
2.91%Core capital (leverage) ratio
2.79%Tier 1 risk-based capital ratio
3.82%Total risk-based capital ratio
Memoranda
$5Average assets
$68,725Average earning assets
$2,218Average equity
$62,017Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
358656
1st Regents Bank
1777 Bunker Lake Boulevard Nw, Andover, MN 55304
May 22, 2001
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with 1st Regents Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: