BankVista in Sartell, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


BankVista - Overview

  • General
  • FDIC Certificate #: 35406
    Status: Active
    Federal Reserve ID: 2849285
    Bank Holding Company (Regulatory Top Holder): Abdo Investments, Inc. (RSSDID: 3368185, Location: Edina, MN)
    Date Established: Febuary 15, 2000
    WWW: http://www.bankvista.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 #: 79511
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 15, 2000
    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
  • Location
  • Address: 125 Twin Rivers Court, Sartell, MN 56377
    County: Stearns
    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): St. Cloud, MN (#6980)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): St. Cloud, MN (#41060)
    CBSA Metro Statistical Area: St. Cloud, MN (#41060)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $111.5 mil
    Equity capital: $10.0 mil
    Deposits held in domestic offices: $90.5 mil
    Return on assets (ROA): 0.60% ($0.7 mil)
    Quarterly return on assets: 0.85% ($0.9 mil)
    Return on Equity (ROE): 6.83% ($0.7 mil)
    Quarterly return on equity: 9.50% ($0.9 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.03% ($1,148.3 mil)
    Quarterly Pretax return on assets: 1.53% ($1,705.8 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
  • 20Total employees (full-time equivalent)
  • $111,487Total assets
  • $12,359Cash and due from depository institutions
  • $10,845Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $92,820Net loans & leases
  • $1,778Loan loss allowance
  • $0Trading account assets
  • $1,524Bank premises and fixed assets
  • $2,679Other real estate owned
  • $0Goodwill and other intangibles
  • $111,487Life insurance assets
  • $2,105All other assets
  • $101,506Total liabilities and capital
  • $90,527Total liabilities
  • $82,726Total deposits
  • $90,527Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,000Trading liabilities
  • $0Other borrowed funds
  • $979Subordinated debt
  • $9,981All other liabilities
  • $9,981Total equity capital
  • $9,981Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $8,692Surplus
  • $1,288Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,587Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,595Income earned, not collected on loans
  • $16Earning assets
  • $317Long-term assets (5+ years)
  • $103,665Average Assets, year-to-date
  • $17,656Average Assets, quarterly
  • $110,360Volatile liabilities
  • $110,596Insider loans
  • $91,739FHLB advances
  • $110,402Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,981Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,019Restructured Loans and leases
  • $4,919Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,849Total interest income
  • $1,565Total interest expense
  • $4,284Net interest income
  • $1,195Provision for loan and lease losses
  • $1,002Total noninterest income
  • $0Fiduciary activities
  • $152Service charges on deposit accounts
  • $0Trading account gains & fees
  • $850Additional noninterest income
  • $2,951Total noninterest expense
  • $1,572Salaries and employee benefits
  • $205Premises and equipment expense
  • $1,174Additional noninterest expense
  • $1,140Pre-tax net operating income
  • $0Securities gains (losses)
  • $476Applicable income taxes
  • $664Income before extraordinary items
  • $0Extraordinary gains - net
  • $664Net income attributable to bank
  • $0Net charge-offs
  • $664Cash dividends
  • $797Sale, conversion, retirement of capital stock, net
  • $250Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.70%Yield on earning assets
  • 1.52%Cost of funding earning assets
  • 4.17%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 2.87%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 1.03%Pretax return on assets
  • 6.83%Return on equity (ROE)
  • 4.26%Retained earnings to average equity (YTD only)
  • 0.86%Net charge-offs to loans
  • 149.94%Credit loss provision to net charge-offs
  • 2.93%Efficiency ratio
  • 55,827Assets per employee
  • 5.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.65%Loss allowance to loans
  • 1.88%Loss allowance to noncurrent loans
  • 111.47%Noncurrent assets plus other real estate owned to assets
  • 3.83%Noncurrent loans to loans
  • 1.69%Net loans and leases to deposits
  • 102.53%Net loans and leases to core deposits
  • 113.30%Equity capital to assets
  • 8.95%Core capital (leverage) ratio
  • 9.04%Tier 1 risk-based capital ratio
  • 10.88%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $110,360Average earning assets
  • $9,727Average equity
  • $102,651Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    079511Bankvista125 Twin Rivers Court, Sartell, MN 56377Febuary 15, 2000Full Service Brick and Mortar

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