Ameriprise Bank, FSB in Minneapolis, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Ameriprise Bank, FSB in Minneapolis, Minnesota (MN)
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Ameriprise Bank, FSB - Overview

  • General
  • FDIC Certificate #: 58303
    Status: Active
    Federal Reserve ID: 3470239
    Date Established: September 14, 2006
    WWW: http://www.ameriprise.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 18013
    FDIC's unique #: 445715
    Numeric code: 37
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: September 14, 2006
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 901 3rd Avenue South, Minneapolis, MN 55402
    County: Hennepin
    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 Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $5,152.2 mil
    Equity capital: $364.2 mil
    Deposits held in domestic offices: $4,754.3 mil
    Return on assets (ROA): 0.63% ($32.5 mil)
    Quarterly return on assets: 0.62% ($31.9 mil)
    Return on Equity (ROE): 8.91% ($32.4 mil)
    Quarterly return on equity: 8.79% ($32.0 mil)
    Net income: $29.0 mil
    Quarterly Net income: $7.9 mil
    Pretax return on assets: 0.99% ($51,006.6 mil)
    Quarterly Pretax return on assets: 0.87% ($44,824.0 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
  • 105Total employees (full-time equivalent)
  • $5,152,186Total assets
  • $89,501Cash and due from depository institutions
  • $72,492Interest-bearing balances
  • $3,648,807Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,363,438Net loans & leases
  • $16,473Loan loss allowance
  • $0Trading account assets
  • $32Bank premises and fixed assets
  • $426Other real estate owned
  • $6,936Goodwill and other intangibles
  • $5,152,186Life insurance assets
  • $43,046All other assets
  • $4,787,998Total liabilities and capital
  • $4,754,273Total liabilities
  • $4,749,477Total deposits
  • $4,754,273Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $33,725Subordinated debt
  • $364,188All other liabilities
  • $364,188Total equity capital
  • $364,188Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $452,711Surplus
  • $-89,023Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,071Income earned, not collected on loans
  • $0Earning assets
  • $13,688Long-term assets (5+ years)
  • $5,084,737Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $4,596,529Volatile liabilities
  • $5,090,417Insider loans
  • $2,785,979FHLB advances
  • $5,217,525Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $402,432Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,377,833Restructured Loans and leases
  • $2,486Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $120,903Total interest income
  • $18,907Total interest expense
  • $101,996Net interest income
  • $11,478Provision for loan and lease losses
  • $27,600Total noninterest income
  • $0Fiduciary activities
  • $246Service charges on deposit accounts
  • -$869Trading account gains & fees
  • $28,223Additional noninterest income
  • $69,939Total noninterest expense
  • $15,370Salaries and employee benefits
  • $7,666Premises and equipment expense
  • $46,903Additional noninterest expense
  • $48,179Pre-tax net operating income
  • -$2,897Securities gains (losses)
  • $16,261Applicable income taxes
  • $29,021Income before extraordinary items
  • $0Extraordinary gains - net
  • $29,021Net income attributable to bank
  • $0Net charge-offs
  • $29,021Cash dividends
  • $10,798Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.66%Yield on earning assets
  • 0.42%Cost of funding earning assets
  • 2.25%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 1.54%Noninterest expense to earning assets
  • 0.67%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.99%Pretax return on assets
  • 8.91%Return on equity (ROE)
  • 8.91%Retained earnings to average equity (YTD only)
  • 0.88%Net charge-offs to loans
  • 106.30%Credit loss provision to net charge-offs
  • 5.52%Efficiency ratio
  • 52,424Assets per employee
  • 49.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 324.85%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 28.68%Net loans and leases to core deposits
  • 212.52%Equity capital to assets
  • 7.07%Core capital (leverage) ratio
  • 7.71%Tier 1 risk-based capital ratio
  • 14.44%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $4,596,529Average earning assets
  • $325,685Average equity
  • $4,542,701Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $304,883Managed Assets
  • 1Number of Accounts
  • $304,883Personal trust and agency accounts
  • $283,482Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $3,392Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $18,009Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 729Number of Accounts
  • $0Personal trust and agency accounts
  • $3,392Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0445715Ameriprise Bank, Fsb901 3rd Avenue South, Minneapolis, MN 55402September 14, 2006Full Service Brick and Mortar

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