American Bank of St. Paul in Saint Paul, Minnesota (MN)



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American Bank of St. Paul routing number info

Table of contents:
American Bank of St. Paul
GeneralFDIC Certificate #: 20843
Status: Active
Federal Reserve ID: 34153
Bank Holding Company (Regulatory Top Holder): American Bancorporation (RSSDID: 2173720, Location: Saint Paul, MN)
Date Established: October 24, 1972
WWW: http://www.americanbankmn.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 10 (Domestic: 10, Interstate: No)
FDIC's unique #: 14400
Numeric code: 13
Regulator: FED
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: October 24, 1972
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 1578 University Avenue West, Saint Paul, MN 55104
County: Ramsey
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)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $413.3 mil
Equity capital: $22.5 mil
Deposits held in domestic offices: $387.8 mil
Return on assets (ROA): -1.29% (-$5.3 mil)
Quarterly return on assets: -2.09% (-$8.6 mil)
Return on Equity (ROE): -22.75% (-$5.0 mil)
Quarterly return on equity: -37.01% (-$8.1 mil)
Net income: -$5.8 mil
Quarterly Net income: -$2.2 mil
Pretax return on assets: -1.24% (-$5,125.3 mil)
Quarterly Pretax return on assets: -2.07% (-$8,556.0 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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)
Total employees (full-time equivalent)190
Total assets$413,334
Cash and due from depository institutions$63,408
Interest-bearing balances$56,318
Securities$86,315
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$223,317
Loan loss allowance $18,286
Trading account assets$0
Bank premises and fixed assets$17,798
Other real estate owned$15,789
Goodwill and other intangibles$0
All other assets$6,707
Life insurance assets$413,334
Total liabilities and capital$390,842
Total liabilities$387,847
Total deposits$287,419
Interest-bearing deposits$387,847
Deposits held in domestic offices$100
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$874
Other borrowed funds $0
Subordinated debt $2,121
All other liabilities $22,492
Total equity capital$22,492
Total bank equity capital$22,492
Perpetual preferred stock$0
Common stock$200
Surplus$67,733
Undivided profits $-45,441
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $90
Income earned, not collected on loans $15,710
Earning assets $14
Long-term assets (5+ years) $1,510
Average Assets, year-to-date $365,950
Average Assets, quarterly $74,850
Volatile liabilities $448,107
Insider loans $421,590
FHLB advances $279,259
Loans and leases held for sale $420,425
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $21,751
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $28,837
Derivatives$427
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $17,162
Total interest expense $3,594
Net interest income $13,568
Provision for loan and lease losses $2,920
Total noninterest income $8,468
Fiduciary activities $0
Service charges on deposit accounts $819
Trading account gains & fees $0
Additional noninterest income $7,649
Total noninterest expense $24,912
Salaries and employee benefits $13,625
Premises and equipment expense $3,574
Additional noninterest expense $7,713
Pre-tax net operating income -$5,796
Securities gains (losses) $224
Applicable income taxes $230
Income before extraordinary items -$5,802
Extraordinary gains - net $0
Net income attributable to bank -$5,802
Net charge-offs $0
Cash dividends -$5,802
Sale, conversion, retirement of capital stock, net $5,999
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.35%
Cost of funding earning assets 0.91%
Net interest margin 3.44%
Noninterest income to earning assets 2.15%
Noninterest expense to earning assets 6.31%
Net operating income to assets -1.34%
Return on assets (ROA) -1.29%
Pretax return on assets -1.24%
Return on equity (ROE) -22.75%
Retained earnings to average equity (YTD only) -22.75%
Net charge-offs to loans 2.15%
Credit loss provision to net charge-offs 48.67%
Efficiency ratio-0.48%
Assets per employee$113,029
Cash dividends to net income (YTD only)2.18%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 7.57%
Noncurrent assets plus other real estate owned to assets 116.40%
Noncurrent loans to loans 7.62%
Net loans and leases to deposits6.50%
Net loans and leases to core deposits 57.58%
Equity capital to assets 58.56%
Core capital (leverage) ratio 5.44%
Tier 1 risk-based capital ratio 5.17%
Total risk-based capital ratio 7.79%
Memoranda
Average assets$9
Average earning assets$448,107
Average equity $25,508
Average loans $394,551
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10 Minnesota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
014400American Bank Of St. Paul1578 University Avenue West, Saint Paul, MN 55104October 24, 1972Full Service Brick and Mortar
1251797Inver Grove Heights Branch7055 Cahill Avenue, Inver Grove Heights, MN 55076January 30, 1978Full Service Brick and Mortar
312931Phalen Branch1425 Maryland Ave. East, St. Paul, MN 55106April 27, 1964Full Service Brick and Mortar
4251799Highland Branch2310 West Seventh Street, St. Paul, MN 55116August 07, 1995Full Service Brick and Mortar
73525Mendota Heights Branch1060 Dakota Dr, Mendota Heights, MN 55120October 10, 1927Full Service Brick and Mortar
836314Apple Valley Branch14295 Cedar Avenue, Apple Valley, MN 55124March 04, 1987Full Service Brick and Mortar
9207402Burnsville Branch14300 Nicollet Court, Burnsville, MN 55306September 08, 1989Full Service Brick and Mortar
10207403Friendship Village Branch8100 Highwood Drive, Bloomington, MN 55438August 15, 1988Full Service Brick and Mortar
113465Albert Lea Branch217 South Newton Avenue, Albert Lea, MN 56007Febuary 15, 1910Full Service Brick and Mortar
123395Alden Branch195 North Broadway, Alden, MN 56009Febuary 17, 1903Full Service Brick and Mortar
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