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

This bank is inactive as of June 14, 2002

  • Associated Bank Minnesota in Minneapolis, Minnesota (MN)
  • Show street view No street view available for this location

Associated Bank Minnesota - Overview

  • General
  • FDIC Certificate #: 21222
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Associated Bank Minnesota, National Association (#18704)
    Federal Reserve ID: 996354
    Date Established: September 17, 1973
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Interstate: No)
    FDIC's unique #: 14675
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 17, 1973
    Last Structure Change Effective Date: June 14, 2002
    Last Structure Change Process Date: July 18, 2002
    Last Data Update: July 18, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 1801 Riverside Avenue, Minneapolis, MN 55440
    County: Hennepin
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Chicago
    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: $725.3 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, 2001)

  • Dollar figures in thousands
  • 156Total employees (full-time equivalent)
  • $808,392Total assets
  • $97,486Cash and due from depository institutions
  • $0Interest-bearing balances
  • $72,093Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $558,260Net loans & leases
  • $8,452Loan loss allowance
  • $0Trading account assets
  • $1,882Bank premises and fixed assets
  • $0Other real estate owned
  • $73,197Goodwill and other intangibles
  • $0Life insurance assets
  • $5,474All other assets
  • $808,392Total liabilities and capital
  • $676,825Total liabilities
  • $561,966Total deposits
  • $375,038Interest-bearing deposits
  • $561,966Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $108,817Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,512Other borrowed funds
  • $0Subordinated debt
  • $4,530All other liabilities
  • $131,567Total equity capital
  • $131,567Total bank equity capital
  • $131,567Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $121,032Undivided profits
  • Memoranda
  • $9,785Noncurrent loans and leases
  • $175,779Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $6,042Earning assets
  • $616Long-term assets (5+ years)
  • $3,169Average Assets, year-to-date
  • $630,353Average Assets, quarterly
  • $26,592Volatile liabilities
  • $731,354Insider loans
  • $763,846FHLB advances
  • $160,149Loans and leases held for sale
  • $3,232Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,280Tier 2 risk-based capital
  • $594Total risk weighted assets
  • $175,779Total unused commitments
  • $144Restructured Loans and leases
  • $7,601Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $48,038Total interest income
  • $16,065Total interest expense
  • $31,973Net interest income
  • $2,321Provision for loan and lease losses
  • $3,345Total noninterest income
  • $0Fiduciary activities
  • $1,603Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,742Additional noninterest income
  • $19,227Total noninterest expense
  • $9,282Salaries and employee benefits
  • $2,213Premises and equipment expense
  • $7,732Additional noninterest expense
  • $13,770Pre-tax net operating income
  • $0Securities gains (losses)
  • $7,151Applicable income taxes
  • $6,619Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,619Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,019Sale, conversion, retirement of capital stock, net
  • $5,600Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.98%Yield on earning assets
  • 2.67%Cost of funding earning assets
  • 5.31%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 3.19%Noninterest expense to earning assets
  • 0.91%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 1.88%Pretax return on assets
  • 5.11%Return on equity (ROE)
  • 0.79%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 114.96%Credit loss provision to net charge-offs
  • 7.97%Efficiency ratio
  • 42,457Assets per employee
  • 5.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 84.60%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 139.89%Noncurrent assets plus other real estate owned to assets
  • 0.75%Noncurrent loans to loans
  • 1.07%Net loans and leases to deposits
  • 99.34%Net loans and leases to core deposits
  • 109.00%Equity capital to assets
  • 16.28%Core capital (leverage) ratio
  • 8.66%Tier 1 risk-based capital ratio
  • 9.51%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $731,354Average earning assets
  • $129,592Average equity
  • $601,917Average loans

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 Associated Bank Minnesota.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents