Anchor Bank Heritage, National Association in North Saint Paul, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 14, 2009

  • Anchor Bank Heritage, National Association in North Saint Paul, Minnesota (MN)
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Anchor Bank Heritage, National Association - Overview

  • General
  • FDIC Certificate #: 13810
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Anchor Bank, National Association (#8868)
    Federal Reserve ID: 724351
    Date Established: May 02, 1902
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 8633
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 29, 1934
    Last Structure Change Effective Date: November 14, 2009
    Last Structure Change Process Date: November 24, 2009
    Last Data Update: November 24, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 2700 East Seventh Avenue, North Saint Paul, MN 55109
    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)
  • Financial Summary
  • Total assets: $251.9 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, 2008)

  • Dollar figures in thousands
  • 57Total employees (full-time equivalent)
  • $245,690Total assets
  • $7,789Cash and due from depository institutions
  • $605Interest-bearing balances
  • $27,826Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $190,712Net loans & leases
  • $3,861Loan loss allowance
  • $0Trading account assets
  • $8,076Bank premises and fixed assets
  • $4,871Other real estate owned
  • $66Goodwill and other intangibles
  • $2,871Life insurance assets
  • $6,350All other assets
  • $245,690Total liabilities and capital
  • $225,217Total liabilities
  • $194,969Total deposits
  • $158,468Interest-bearing deposits
  • $194,969Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $9,714Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $19,141Other borrowed funds
  • $0Subordinated debt
  • $1,393All other liabilities
  • $20,473Total equity capital
  • $20,473Total bank equity capital
  • $20,473Perpetual preferred stock
  • $0Common stock
  • $452Surplus
  • $5,777Undivided profits
  • Memoranda
  • $14,244Noncurrent loans and leases
  • $47,283Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,609Earning assets
  • $2,021Long-term assets (5+ years)
  • $695Average Assets, year-to-date
  • $219,143Average Assets, quarterly
  • $39,260Volatile liabilities
  • $248,216Insider loans
  • $244,946FHLB advances
  • $25,783Loans and leases held for sale
  • $5,166Unused loan commitments
  • $18,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $713Total risk weighted assets
  • $47,283Total unused commitments
  • $0Restructured Loans and leases
  • $2,608Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $13,845Total interest income
  • $4,647Total interest expense
  • $9,198Net interest income
  • $2,855Provision for loan and lease losses
  • $2,328Total noninterest income
  • $0Fiduciary activities
  • $1,102Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,226Additional noninterest income
  • $8,562Total noninterest expense
  • $3,614Salaries and employee benefits
  • $892Premises and equipment expense
  • $4,056Additional noninterest expense
  • $109Pre-tax net operating income
  • $0Securities gains (losses)
  • -$237Applicable income taxes
  • $346Income before extraordinary items
  • $0Extraordinary gains - net
  • $346Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,153Sale, conversion, retirement of capital stock, net
  • $1,450Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.18%Yield on earning assets
  • 2.07%Cost of funding earning assets
  • 4.10%Net interest margin
  • 1.04%Noninterest income to earning assets
  • 3.82%Noninterest expense to earning assets
  • 0.14%Net operating income to assets
  • 0.14%Return on assets (ROA)
  • 0.04%Pretax return on assets
  • 1.60%Return on equity (ROE)
  • -5.10%Retained earnings to average equity (YTD only)
  • 1.06%Net charge-offs to loans
  • 132.61%Credit loss provision to net charge-offs
  • 1.38%Efficiency ratio
  • 74,180Assets per employee
  • 4.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 419.08%Loss allowance to loans
  • 1.98%Loss allowance to noncurrent loans
  • 68.84%Noncurrent assets plus other real estate owned to assets
  • 4.27%Noncurrent loans to loans
  • 2.88%Net loans and leases to deposits
  • 97.82%Net loans and leases to core deposits
  • 106.60%Equity capital to assets
  • 8.33%Core capital (leverage) ratio
  • 8.52%Tier 1 risk-based capital ratio
  • 9.97%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $248,216Average earning assets
  • $21,634Average equity
  • $224,097Average loans

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