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

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