Park National Bank in St. Louis Park, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 10, 2000

  • Park National Bank in St. Louis Park, Minnesota (MN)
  • Show street view No street view available for this location

Park National Bank - Overview

  • General
  • FDIC Certificate #: 18807
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Associated Bank Minnesota, National Association (#18704)
    Federal Reserve ID: 179456
    Date Established: June 22, 1963
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 12668
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: June 22, 1963
    Last Structure Change Effective Date: July 10, 2000
    Last Structure Change Process Date: August 04, 2000
    Last Data Update: August 04, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 5353 Wayzata Boulevard, St. Louis Park, MN 55416
    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: $261.7 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 70Total employees (full-time equivalent)
  • $257,567Total assets
  • $12,846Cash and due from depository institutions
  • $399Interest-bearing balances
  • $43,196Securities
  • $10,300Federal funds sold & reverse repurchase agreements
  • $165,707Net loans & leases
  • $2,203Loan loss allowance
  • $0Trading account assets
  • $2,184Bank premises and fixed assets
  • $0Other real estate owned
  • $19,748Goodwill and other intangibles
  • $0Life insurance assets
  • $3,586All other assets
  • $257,567Total liabilities and capital
  • $217,372Total liabilities
  • $208,046Total deposits
  • $150,739Interest-bearing deposits
  • $208,046Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $7,840Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,486All other liabilities
  • $40,195Total equity capital
  • $40,195Total bank equity capital
  • $40,195Perpetual preferred stock
  • $0Common stock
  • $650Surplus
  • $37,805Undivided profits
  • Memoranda
  • $1,740Noncurrent loans and leases
  • $67,977Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,695Earning assets
  • $0Long-term assets (5+ years)
  • $915Average Assets, year-to-date
  • $219,602Average Assets, quarterly
  • $32,165Volatile liabilities
  • $241,717Insider loans
  • $254,208FHLB advances
  • $27,440Loans and leases held for sale
  • $2,484Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $67,977Total unused commitments
  • $0Restructured Loans and leases
  • $2,203Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $17,219Total interest income
  • $5,947Total interest expense
  • $11,272Net interest income
  • $363Provision for loan and lease losses
  • $2,340Total noninterest income
  • $0Fiduciary activities
  • $1,670Service charges on deposit accounts
  • $0Trading account gains & fees
  • $670Additional noninterest income
  • $10,003Total noninterest expense
  • $4,037Salaries and employee benefits
  • $1,129Premises and equipment expense
  • $4,837Additional noninterest expense
  • $3,246Pre-tax net operating income
  • $3Securities gains (losses)
  • $1,457Applicable income taxes
  • $1,792Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,792Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $168Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.46%Yield on earning assets
  • 2.92%Cost of funding earning assets
  • 5.54%Net interest margin
  • 1.15%Noninterest income to earning assets
  • 4.92%Noninterest expense to earning assets
  • 0.74%Net operating income to assets
  • 0.74%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 4.53%Return on equity (ROE)
  • 4.53%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 216.07%Credit loss provision to net charge-offs
  • 21.48%Efficiency ratio
  • 64,965Assets per employee
  • 3.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 129.97%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 1.01%Net loans and leases to deposits
  • 79.65%Net loans and leases to core deposits
  • 87.93%Equity capital to assets
  • 15.61%Core capital (leverage) ratio
  • 8.66%Tier 1 risk-based capital ratio
  • 9.40%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $241,717Average earning assets
  • $39,595Average equity
  • $203,489Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Park National Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents