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

This bank is inactive as of August 01, 2007

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

Excel Bank Minnesota - Overview

  • General
  • FDIC Certificate #: 19355
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: M&I Marshall and Ilsley Bank (#1020)
    Federal Reserve ID: 131351
    Date Established: January 25, 1965
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 9492
    FDIC's unique #: 13165
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 25, 1965
    Last Structure Change Effective Date: August 01, 2007
    Last Structure Change Process Date: September 19, 2007
    Last Data Update: September 19, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 50 South Sixth Street, Suite 1000, Minneapolis, MN 55402
    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: $613.6 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, 2006)

  • Dollar figures in thousands
  • 78Total employees (full-time equivalent)
  • $613,549Total assets
  • $17,128Cash and due from depository institutions
  • $226Interest-bearing balances
  • $38,355Securities
  • $2,900Federal funds sold & reverse repurchase agreements
  • $529,452Net loans & leases
  • $6,425Loan loss allowance
  • $0Trading account assets
  • $7,443Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $10,476Life insurance assets
  • $18,271All other assets
  • $613,549Total liabilities and capital
  • $555,307Total liabilities
  • $501,911Total deposits
  • $404,434Interest-bearing deposits
  • $501,911Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $20,588Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $20,000Other borrowed funds
  • $5,000Subordinated debt
  • $7,808All other liabilities
  • $58,242Total equity capital
  • $58,242Total bank equity capital
  • $58,242Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $49,025Undivided profits
  • Memoranda
  • $8,217Noncurrent loans and leases
  • $205,465Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,575Earning assets
  • $0Long-term assets (5+ years)
  • $3,461Average Assets, year-to-date
  • $570,933Average Assets, quarterly
  • $25,724Volatile liabilities
  • $616,920Insider loans
  • $620,673FHLB advances
  • $251,393Loans and leases held for sale
  • $0Unused loan commitments
  • $20,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $205,465Total unused commitments
  • $0Restructured Loans and leases
  • $11,425Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $42,288Total interest income
  • $20,367Total interest expense
  • $21,921Net interest income
  • $870Provision for loan and lease losses
  • $1,674Total noninterest income
  • $0Fiduciary activities
  • $702Service charges on deposit accounts
  • $0Trading account gains & fees
  • $972Additional noninterest income
  • $12,934Total noninterest expense
  • $7,566Salaries and employee benefits
  • $2,111Premises and equipment expense
  • $3,257Additional noninterest expense
  • $9,791Pre-tax net operating income
  • -$36Securities gains (losses)
  • $5Applicable income taxes
  • $9,750Income before extraordinary items
  • $0Extraordinary gains - net
  • $9,750Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $855Sale, conversion, retirement of capital stock, net
  • $3,185Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.37%Yield on earning assets
  • 3.55%Cost of funding earning assets
  • 3.82%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 2.25%Noninterest expense to earning assets
  • 1.59%Net operating income to assets
  • 1.58%Return on assets (ROA)
  • 1.58%Pretax return on assets
  • 17.61%Return on equity (ROE)
  • 11.86%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 101.75%Credit loss provision to net charge-offs
  • 12.47%Efficiency ratio
  • 54,817Assets per employee
  • 7.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.67%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 179.72%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 105.49%Net loans and leases to core deposits
  • 181.88%Equity capital to assets
  • 9.49%Core capital (leverage) ratio
  • 9.27%Tier 1 risk-based capital ratio
  • 8.95%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $616,920Average earning assets
  • $55,366Average equity
  • $574,071Average 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 Excel Bank Minnesota.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents