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
No
ID
Name
Address
Established
Service Type
Map
0
79511
Bankvista
125 Twin Rivers Court, Sartell, MN 56377
Febuary 15, 2000
Full Service Brick and Mortar
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