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

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