First Minnesota Bank in city_name, state_name - Detailed Financial Reports, Location

First Minnesota Bank in Minnetonka, Minnesota (MN)
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First Minnesota Bank routing number info

First Minnesota Bank - Overview

General
FDIC Certificate #: 5151
Status: Active
Federal Reserve ID: 75053
Bank Holding Company (Regulatory Top Holder): Mcleod Bancshares, Inc. (RSSDID: 1127324, Location: Shorewood, MN)
Date Established: October 10, 1881
WWW: http://www.firstmnbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 10 (Domestic: 10, Interstate: No)
OTS Docket #: 13744
FDIC's unique #: 3451
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: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: Febuary 29, 2012
Last Structure Change Process Date: Febuary 29, 2012
Last Data Update: Febuary 29, 2012
Data Source Date: April 05, 2012
Location
Address: 4625 County Highway 101, Minnetonka, MN 55343
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)
Financial Summary
Total assets: $385.8 mil
Equity capital: $48.7 mil
Deposits held in domestic offices: $259.3 mil
Return on assets (ROA): 0.13% ($0.5 mil)
Quarterly return on assets: -0.08% (-$0.3 mil)
Return on Equity (ROE): 1.07% ($0.5 mil)
Quarterly return on equity: -0.65% (-$0.3 mil)
Net income: $0.5 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: 0.00% ($0.0 mil)
Quarterly Pretax return on assets: -0.12% (-$463.0 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
82Total employees (full-time equivalent)
$385,795Total assets
$8,693Cash and due from depository institutions
$6,962Interest-bearing balances
$244,783Securities
$0Federal funds sold & reverse repurchase agreements
$88,543Net loans & leases
$2,489Loan loss allowance
$0Trading account assets
$10,044Bank premises and fixed assets
$15,968Other real estate owned
$202Goodwill and other intangibles
$385,795Life insurance assets
$17,562All other assets
$337,112Total liabilities and capital
$259,266Total liabilities
$229,679Total deposits
$259,266Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$77,000Trading liabilities
$0Other borrowed funds
$846Subordinated debt
$48,683All other liabilities
$48,683Total equity capital
$48,683Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$29,000Surplus
$18,683Undivided profits
Memoranda
$0Noncurrent loans and leases
$136Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,793Income earned, not collected on loans
$14Earning assets
$2,075Long-term assets (5+ years)
$340,288Average Assets, year-to-date
$254,203Average Assets, quarterly
$380,038Volatile liabilities
$387,286Insider loans
$183,681FHLB advances
$390,406Loans and leases held for sale
$9,020Unused loan commitments
$9,020Tier 1 (core) risk-based capital
$45,575Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$14,935Restructured Loans and leases
$90Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$13,909Total interest income
$5,209Total interest expense
$8,700Net interest income
$1,440Provision for loan and lease losses
$2,190Total noninterest income
$0Fiduciary activities
$842Service charges on deposit accounts
$0Trading account gains & fees
$1,348Additional noninterest income
$9,330Total noninterest expense
$4,860Salaries and employee benefits
$1,584Premises and equipment expense
$2,886Additional noninterest expense
$120Pre-tax net operating income
-$139Securities gains (losses)
-$518Applicable income taxes
$499Income before extraordinary items
$0Extraordinary gains - net
$499Net income attributable to bank
$0Net charge-offs
$499Cash dividends
$1,492Sale, conversion, retirement of capital stock, net
$500Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.17%Yield on earning assets
1.56%Cost of funding earning assets
2.61%Net interest margin
0.66%Noninterest income to earning assets
2.80%Noninterest expense to earning assets
0.15%Net operating income to assets
0.13%Return on assets (ROA)
-0.00%Pretax return on assets
1.07%Return on equity (ROE)
-0.00%Retained earnings to average equity (YTD only)
1.53%Net charge-offs to loans
96.51%Credit loss provision to net charge-offs
1.05%Efficiency ratio
85,583Assets per employee
4.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
100.20%Loss allowance to loans
2.73%Loss allowance to noncurrent loans
89.12%Noncurrent assets plus other real estate owned to assets
4.86%Noncurrent loans to loans
3.07%Net loans and leases to deposits
34.15%Net loans and leases to core deposits
35.99%Equity capital to assets
12.62%Core capital (leverage) ratio
11.67%Tier 1 risk-based capital ratio
24.81%Total risk-based capital ratio
Memoranda
$26Average assets
$380,038Average earning assets
$46,826Average equity
$333,719Average loans

List of branches

10 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	3451	First Minnesota Bank	4625 County Highway 101, Minnetonka, MN 55343	October 10, 1881	Full Service Brick and Mortar
2	6528	308 Main Street South	308 Main Street South, Hutchinson, MN 55350	January 30, 1900	Full Service Brick and Mortar
3	221992	Loan Production Office	44 West 1st Street, Waconia, MN 55387	November 03, 1992	Limited Service Loan Production
4	207261	Mayer Branch	101 Ash Avenue North, Mayer, MN 55360	December 07, 1995	Full Service Brick and Mortar
5	207262	Monticello Branch	106 East 4th Street, Monticello, MN 55362	December 21, 1998	Full Service Brick and Mortar
6	360008	Glencoe Branch	606 East Eleventh Street, Glencoe, MN 55336	October 01, 2000	Full Service Brick and Mortar
7	362160	Buffalo Branch	555 Hwy 55 East, Buffalo, MN 55313	May 21, 2001	Full Service Brick and Mortar
8	364366	Champlin Branch	11431 Jefferson Court North, Champlin, MN 55316	July 29, 2002	Full Service Brick and Mortar
9	448890	Edina Branch	4018 West 65th Street, Edina, MN 55435	September 06, 2005	Full Service Brick and Mortar
10	366082	Mound Branch	5211 Shoreline Drive, Mound, MN 55364	January 13, 2003	Full Service Brick and Mortar

First Minnesota Bank in Minnetonka, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Minnesota 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:

First Minnesota Bank in Minnetonka, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Minnesota 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:

First Minnesota Bank in Minnetonka, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches