FDIC Certificate #: 8832 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Federal Capital Bank (#28981) Federal Reserve ID: 767059 Date Established: September 01, 1917 WWW:http://www.libertystatebank.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) OTS Docket #: 15802 FDIC's unique #: 5627 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: October 10, 2003 Last Structure Change Process Date: January 14, 2004 Last Data Update: January 14, 2004 Data Source Date: April 05, 2012
Location
Address: 176 Snelling Avenue North, St. Paul, MN 55164 County: Ramsey 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: $417.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
87Total employees (full-time equivalent)
$395,405Total assets
$14,301Cash and due from depository institutions
$76Interest-bearing balances
$85,395Securities
$20,675Federal funds sold & reverse repurchase agreements
$254,631Net loans & leases
$2,624Loan loss allowance
$0Trading account assets
$6,646Bank premises and fixed assets
$405Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$13,352All other assets
$395,405Total liabilities and capital
$359,629Total liabilities
$357,117Total deposits
$300,956Interest-bearing deposits
$357,117Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,512All other liabilities
$35,776Total equity capital
$35,776Total bank equity capital
$35,776Perpetual preferred stock
$0Common stock
$1,440Surplus
$26,060Undivided profits
Memoranda
$8,276Noncurrent loans and leases
$42,980Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$563Earning assets
$58Long-term assets (5+ years)
$2,048Average Assets, year-to-date
$360,777Average Assets, quarterly
$113,903Volatile liabilities
$376,885Insider loans
$390,193FHLB advances
$47,475Loans and leases held for sale
$3,957Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$42,980Total unused commitments
$393Restructured Loans and leases
$2,624Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$23,353Total interest income
$8,498Total interest expense
$14,855Net interest income
$400Provision for loan and lease losses
$1,962Total noninterest income
$0Fiduciary activities
$1,218Service charges on deposit accounts
$0Trading account gains & fees
$744Additional noninterest income
$8,916Total noninterest expense
$4,972Salaries and employee benefits
$911Premises and equipment expense
$3,033Additional noninterest expense
$7,501Pre-tax net operating income
$0Securities gains (losses)
$2,420Applicable income taxes
$5,081Income before extraordinary items
$0Extraordinary gains - net
$5,081Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$135Sale, conversion, retirement of capital stock, net
$1,600Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.79%Yield on earning assets
2.47%Cost of funding earning assets
4.32%Net interest margin
0.57%Noninterest income to earning assets
2.59%Noninterest expense to earning assets
1.35%Net operating income to assets
1.35%Return on assets (ROA)
1.99%Pretax return on assets
15.18%Return on equity (ROE)
10.40%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
296.30%Credit loss provision to net charge-offs
58.53%Efficiency ratio
53,018Assets per employee
4.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
31.49%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
466.07%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.22%Net loans and leases to deposits
71.30%Net loans and leases to core deposits
82.23%Equity capital to assets
9.05%Core capital (leverage) ratio
8.92%Tier 1 risk-based capital ratio
12.83%Total risk-based capital ratio
Memoranda
$14Average assets
$376,885Average earning assets
$33,475Average equity
$343,767Average loans
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