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

  • Minnesota Bank & Trust in Edina, Minnesota (MN)
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Minnesota Bank & Trust - Overview

  • General
  • FDIC Certificate #: 58818
    Status: Active
    Federal Reserve ID: 3686928
    Bank Holding Company (Regulatory Top Holder): Heartland Financial Usa, Inc. (RSSDID: 1206546, Location: Dubuque, IA)
    Date Established: April 15, 2008
    WWW: http://www.mnbankandtrust.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 469351
    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: Commercial Lending Specialization
    Date of Deposit Insurance: April 15, 2008
    Last Structure Change Effective Date: April 16, 2008
    Last Structure Change Process Date: March 04, 2009
    Last Data Update: March 04, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 7701 France Avenue South, 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)
  • Financial Summary
  • Total assets: $81.5 mil
    Equity capital: $13.9 mil
    Deposits held in domestic offices: $66.9 mil
    Return on assets (ROA): -0.26% (-$0.2 mil)
    Quarterly return on assets: -0.80% (-$0.6 mil)
    Return on Equity (ROE): -1.31% (-$0.2 mil)
    Quarterly return on equity: -4.50% (-$0.6 mil)
    Net income: -$0.2 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -0.53% (-$431.7 mil)
    Quarterly Pretax return on assets: -1.35% (-$1,099.7 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
  • 23Total employees (full-time equivalent)
  • $81,457Total assets
  • $1,912Cash and due from depository institutions
  • $5Interest-bearing balances
  • $16,223Securities
  • $2,400Federal funds sold & reverse repurchase agreements
  • $57,470Net loans & leases
  • $587Loan loss allowance
  • $0Trading account assets
  • $278Bank premises and fixed assets
  • $1,640Other real estate owned
  • $0Goodwill and other intangibles
  • $81,457Life insurance assets
  • $1,534All other assets
  • $67,589Total liabilities and capital
  • $66,874Total liabilities
  • $44,550Total deposits
  • $66,874Interest-bearing deposits
  • $70Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $715Subordinated debt
  • $13,868All other liabilities
  • $13,868Total equity capital
  • $13,868Total bank equity capital
  • $0Perpetual preferred stock
  • $165Common stock
  • $14,015Surplus
  • $-312Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6Income earned, not collected on loans
  • $0Earning assets
  • $261Long-term assets (5+ years)
  • $76,098Average Assets, year-to-date
  • $17,962Average Assets, quarterly
  • $68,942Volatile liabilities
  • $78,239Insider loans
  • $67,259FHLB advances
  • $80,382Loans and leases held for sale
  • $680Unused loan commitments
  • $680Tier 1 (core) risk-based capital
  • $13,290Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $38,983Restructured Loans and leases
  • $158Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,272Total interest income
  • $328Total interest expense
  • $2,944Net interest income
  • $299Provision for loan and lease losses
  • $483Total noninterest income
  • $223Fiduciary activities
  • $111Service charges on deposit accounts
  • $0Trading account gains & fees
  • $149Additional noninterest income
  • $3,575Total noninterest expense
  • $2,120Salaries and employee benefits
  • $320Premises and equipment expense
  • $1,135Additional noninterest expense
  • -$447Pre-tax net operating income
  • $82Securities gains (losses)
  • -$184Applicable income taxes
  • -$181Income before extraordinary items
  • $0Extraordinary gains - net
  • -$181Net income attributable to bank
  • $0Net charge-offs
  • -$181Cash dividends
  • $277Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.09%Yield on earning assets
  • 0.51%Cost of funding earning assets
  • 4.58%Net interest margin
  • 0.75%Noninterest income to earning assets
  • 5.56%Noninterest expense to earning assets
  • -0.34%Net operating income to assets
  • -0.26%Return on assets (ROA)
  • -0.53%Pretax return on assets
  • -1.31%Return on equity (ROE)
  • -1.31%Retained earnings to average equity (YTD only)
  • 0.61%Net charge-offs to loans
  • 107.94%Credit loss provision to net charge-offs
  • -0.53%Efficiency ratio
  • 104,319Assets per employee
  • 3.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 9783.33%Noncurrent assets plus other real estate owned to assets
  • 2.02%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 85.94%Net loans and leases to core deposits
  • 86.36%Equity capital to assets
  • 17.02%Core capital (leverage) ratio
  • 16.53%Tier 1 risk-based capital ratio
  • 19.76%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $68,942Average earning assets
  • $13,828Average equity
  • $64,297Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $27,602Managed Assets
  • 1Number of Accounts
  • $26,102Personal trust and agency accounts
  • $1,754Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $9,650Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $14,463Other fiduciary accounts
  • $235Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 40Number of Accounts
  • $0Personal trust and agency accounts
  • $9,650Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,500Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $239Fiduciary accounts held in foreign offices

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0469351Minnesota Bank & Trust7701 France Avenue South, Edina, MN 55435April 15, 2008Full Service Brick and Mortar

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