Pinehurst Bank in Saint Paul, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 21, 2010

  • Pinehurst Bank in Saint Paul, Minnesota (MN)
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Pinehurst Bank - Overview

  • General
  • FDIC Certificate #: 57735
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Coulee Bank (#18361)
    Federal Reserve ID: 3234598
    Date Established: April 02, 2004
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 423249
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 02, 2004
    Last Structure Change Effective Date: May 21, 2010
    Last Structure Change Process Date: May 24, 2010
    Last Data Update: May 24, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 757 Cleveland Avenue South, Saint Paul, MN 55116
    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: $61.2 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, 2009)

  • Dollar figures in thousands
  • 15Total employees (full-time equivalent)
  • $65,859Total assets
  • $4,751Cash and due from depository institutions
  • $3,477Interest-bearing balances
  • $1,000Securities
  • $3,204Federal funds sold & reverse repurchase agreements
  • $54,650Net loans & leases
  • $4,396Loan loss allowance
  • $0Trading account assets
  • $175Bank premises and fixed assets
  • $1,234Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $845All other assets
  • $65,859Total liabilities and capital
  • $65,104Total liabilities
  • $58,906Total deposits
  • $55,785Interest-bearing deposits
  • $58,906Deposits held in domestic offices
  • 98.74%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,750Other borrowed funds
  • $0Subordinated debt
  • $448All other liabilities
  • $755Total equity capital
  • $755Total bank equity capital
  • $755Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $8,093Undivided profits
  • Memoranda
  • $-7,438Noncurrent loans and leases
  • $3,473Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,875Earning assets
  • $0Long-term assets (5+ years)
  • $240Average Assets, year-to-date
  • $62,331Average Assets, quarterly
  • $4,486Volatile liabilities
  • $64,367Insider loans
  • $65,773FHLB advances
  • $27,465Loans and leases held for sale
  • $1,354Unused loan commitments
  • $5,750Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,473Total unused commitments
  • $4,732Restructured Loans and leases
  • $728Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $3,828Total interest income
  • $1,605Total interest expense
  • $2,223Net interest income
  • $5,459Provision for loan and lease losses
  • $108Total noninterest income
  • $0Fiduciary activities
  • $78Service charges on deposit accounts
  • $0Trading account gains & fees
  • $30Additional noninterest income
  • $2,116Total noninterest expense
  • $1,049Salaries and employee benefits
  • $303Premises and equipment expense
  • $764Additional noninterest expense
  • -$5,244Pre-tax net operating income
  • $0Securities gains (losses)
  • $2Applicable income taxes
  • -$5,246Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,246Net income attributable to bank
  • $0Net charge-offs
  • -$5,246Cash dividends
  • $2,287Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.23%Yield on earning assets
  • 2.61%Cost of funding earning assets
  • 3.62%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 3.44%Noninterest expense to earning assets
  • -8.15%Net operating income to assets
  • -8.15%Return on assets (ROA)
  • -8.15%Pretax return on assets
  • -120.37%Return on equity (ROE)
  • -120.37%Retained earnings to average equity (YTD only)
  • 3.81%Net charge-offs to loans
  • 238.70%Credit loss provision to net charge-offs
  • 0.09%Efficiency ratio
  • 90,776Assets per employee
  • 4.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 7.45%Loss allowance to noncurrent loans
  • 113.45%Noncurrent assets plus other real estate owned to assets
  • 7.76%Noncurrent loans to loans
  • 6.56%Net loans and leases to deposits
  • 92.77%Net loans and leases to core deposits
  • 159.84%Equity capital to assets
  • 1.15%Core capital (leverage) ratio
  • 1.09%Tier 1 risk-based capital ratio
  • 1.39%Total risk-based capital ratio
  • Memoranda
  • $3Average assets
  • $64,367Average earning assets
  • $4,358Average equity
  • $61,475Average loans

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