Inter Savings Bank, fsb D/B/A Interbank, fsb in Maple Grove, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Inter Savings Bank, fsb D/B/A Interbank, fsb in Maple Grove, Minnesota (MN)
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Inter Savings Bank, fsb D/B/A Interbank, fsb - Overview

  • General
  • FDIC Certificate #: 31495
    Status: Active
    Federal Reserve ID: 1012970
    Date Established: July 26, 1965
    WWW: http://www.interbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 7071
    FDIC's unique #: 44329
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: July 26, 1965
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 13601 80th Circle North, Suite 100, Maple Grove, MN 55369
    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 Primary Regulatory Agency
  • Financial Summary
  • Total assets: $481.6 mil
    Equity capital: $7.3 mil
    Deposits held in domestic offices: $473.0 mil
    Return on assets (ROA): -1.13% (-$5.4 mil)
    Quarterly return on assets: -2.24% (-$10.8 mil)
    Return on Equity (ROE): -53.72% (-$3.8 mil)
    Quarterly return on equity: -127.85% (-$8.9 mil)
    Net income: -$6.0 mil
    Quarterly Net income: -$2.8 mil
    Pretax return on assets: -1.13% (-$5,442.0 mil)
    Quarterly Pretax return on assets: -2.24% (-$10,787.6 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, 2011)

  • Dollar figures in thousands
  • 41Total employees (full-time equivalent)
  • $481,589Total assets
  • $33,786Cash and due from depository institutions
  • $30,867Interest-bearing balances
  • $36,048Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $393,763Net loans & leases
  • $8,884Loan loss allowance
  • $0Trading account assets
  • $1,797Bank premises and fixed assets
  • $11,432Other real estate owned
  • $0Goodwill and other intangibles
  • $481,589Life insurance assets
  • $4,763All other assets
  • $474,254Total liabilities and capital
  • $472,952Total liabilities
  • $471,712Total deposits
  • $472,952Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,302Subordinated debt
  • $7,335All other liabilities
  • $7,335Total equity capital
  • $7,335Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $25,455Surplus
  • $-18,220Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28,355Income earned, not collected on loans
  • $0Earning assets
  • $1,854Long-term assets (5+ years)
  • $460,678Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $528,042Volatile liabilities
  • $491,325Insider loans
  • $361,776FHLB advances
  • $481,652Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,398Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,958Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $23,314Total interest income
  • $7,245Total interest expense
  • $16,069Net interest income
  • $9,982Provision for loan and lease losses
  • -$958Total noninterest income
  • $0Fiduciary activities
  • $37Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$995Additional noninterest income
  • $11,812Total noninterest expense
  • $3,561Salaries and employee benefits
  • $2,270Premises and equipment expense
  • $5,981Additional noninterest expense
  • -$6,683Pre-tax net operating income
  • $718Securities gains (losses)
  • $0Applicable income taxes
  • -$5,965Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,965Net income attributable to bank
  • $0Net charge-offs
  • -$5,965Cash dividends
  • $11,956Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 3.19%Net interest margin
  • -0.19%Noninterest income to earning assets
  • 2.34%Noninterest expense to earning assets
  • -1.27%Net operating income to assets
  • -1.13%Return on assets (ROA)
  • -1.13%Pretax return on assets
  • -53.72%Return on equity (ROE)
  • -53.72%Retained earnings to average equity (YTD only)
  • 2.77%Net charge-offs to loans
  • 83.49%Credit loss provision to net charge-offs
  • 0.28%Efficiency ratio
  • 78,168Assets per employee
  • 11.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.21%Loss allowance to noncurrent loans
  • 31.33%Noncurrent assets plus other real estate owned to assets
  • 8.26%Noncurrent loans to loans
  • 7.04%Net loans and leases to deposits
  • 83.26%Net loans and leases to core deposits
  • 86.31%Equity capital to assets
  • 1.52%Core capital (leverage) ratio
  • 1.54%Tier 1 risk-based capital ratio
  • 2.04%Total risk-based capital ratio
  • Memoranda
  • $3Average assets
  • $528,042Average earning assets
  • $11,104Average equity
  • $503,931Average loans

List of branches

  • 4 Minnesota Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    044329Inter Savings Bank, Fsb D/B/a Interbank, Fsb13601 80th Circle North, Suite 100, Maple Grove, MN 55369July 26, 1965Full Service Brick and Mortar
    5455229Lakeville Branch10880 West 175th Street, Lakeville, MN 55044December 03, 2001Full Service Brick and Mortar
    6455230Edina Branch6545 France Avenue South Suite 130, Edina, MN 55435December 10, 1996Full Service Brick and Mortar
    7455231Roseville Branch1875 County Road B2 West, Roseville, MN 55113July 24, 2003Full Service Brick and Mortar

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