Fidelity Bank in city_name, state_name - Detailed Financial Reports, Location

Fidelity Bank in Edina, Minnesota (MN)
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Fidelity Bank routing number info

Fidelity Bank - Overview

General
FDIC Certificate #: 20268
Status: Active
Federal Reserve ID: 9357
Bank Holding Company (Regulatory Top Holder): Fidelity Holding Company (RSSDID: 3362923, Location: Minnetonka, MN)
Date Established: October 08, 1970
WWW: http://www.fidelitybankmn.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 14336
FDIC's unique #: 13944
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: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: October 08, 1970
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: 7600 Parklawn Avenue, Edina, MN 55435
County: Hennepin
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): 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)
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $430.1 mil
Equity capital: $70.9 mil
Deposits held in domestic offices: $271.0 mil
Return on assets (ROA): 1.75% ($7.5 mil)
Quarterly return on assets: 2.36% ($10.1 mil)
Return on Equity (ROE): 9.41% ($6.7 mil)
Quarterly return on equity: 13.76% ($9.8 mil)
Net income: $6.5 mil
Quarterly Net income: $2.4 mil
Pretax return on assets: 1.75% ($7,527.6 mil)
Quarterly Pretax return on assets: 2.36% ($10,151.5 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, 2011)

Dollar figures in thousands
46Total employees (full-time equivalent)
$430,149Total assets
$11,588Cash and due from depository institutions
$334Interest-bearing balances
$58,199Securities
$84Federal funds sold & reverse repurchase agreements
$325,356Net loans & leases
$5,585Loan loss allowance
$0Trading account assets
$700Bank premises and fixed assets
$0Other real estate owned
$28,084Goodwill and other intangibles
$430,149Life insurance assets
$6,138All other assets
$359,296Total liabilities and capital
$271,025Total liabilities
$176,442Total deposits
$271,025Interest-bearing deposits
$62Deposits held in domestic offices
5566.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$80,800Trading liabilities
$0Other borrowed funds
$1,905Subordinated debt
$70,853All other liabilities
$70,853Total equity capital
$70,853Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$54,660Surplus
$15,693Undivided profits
Memoranda
$0Noncurrent loans and leases
$161,091Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,323Income earned, not collected on loans
$0Earning assets
$1,155Long-term assets (5+ years)
$383,973Average Assets, year-to-date
$4,169Average Assets, quarterly
$368,004Volatile liabilities
$409,872Insider loans
$262,706FHLB advances
$369,070Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$42,438Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$148,015Restructured Loans and leases
$18Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$13,078Total interest income
$1,115Total interest expense
$11,963Net interest income
$0Provision for loan and lease losses
$1,507Total noninterest income
$0Fiduciary activities
$507Service charges on deposit accounts
$0Trading account gains & fees
$1,000Additional noninterest income
$7,209Total noninterest expense
$4,118Salaries and employee benefits
$942Premises and equipment expense
$2,149Additional noninterest expense
$6,261Pre-tax net operating income
$197Securities gains (losses)
$0Applicable income taxes
$6,458Income before extraordinary items
$0Extraordinary gains - net
$6,458Net income attributable to bank
$0Net charge-offs
$6,458Cash dividends
$391Sale, conversion, retirement of capital stock, net
$2,690Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.00%Yield on earning assets
0.34%Cost of funding earning assets
3.66%Net interest margin
0.46%Noninterest income to earning assets
2.21%Noninterest expense to earning assets
1.70%Net operating income to assets
1.75%Return on assets (ROA)
1.75%Pretax return on assets
9.41%Return on equity (ROE)
5.49%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
16.01%Efficiency ratio
49,666Assets per employee
9.35%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.65%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
240.42%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
0.70%Net loans and leases to deposits
120.05%Net loans and leases to core deposits
120.56%Equity capital to assets
16.47%Core capital (leverage) ratio
11.50%Tier 1 risk-based capital ratio
16.15%Total risk-based capital ratio
Memoranda
$17Average assets
$368,004Average earning assets
$68,649Average equity
$326,861Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	13944	Fidelity Bank	7600 Parklawn Avenue, Edina, MN 55435	October 08, 1970	Full Service Brick and Mortar
4	250618	Eden Prairie Branch	6385 Old Shady Oak Road, Suite 110, Eden Prairie, MN 55344	November 15, 1999	Full Service Brick and Mortar

Fidelity Bank in Edina, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Fidelity Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Fidelity Bank in Edina, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Fidelity Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Fidelity Bank in Edina, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches