Rosemount National Bank in Rosemount, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 2011

  • Rosemount National Bank in Rosemount, Minnesota (MN)
  • Show street view No street view available for this location

Rosemount National Bank - Overview

  • General
  • FDIC Certificate #: 24099
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Central Bank (#27234)
    Federal Reserve ID: 853158
    Date Established: October 01, 1982
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 16797
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: October 01, 1982
    Last Structure Change Effective Date: April 15, 2011
    Last Structure Change Process Date: April 18, 2011
    Last Data Update: April 18, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 15055 Chippendale Avenue South, Rosemount, MN 55068
    County: Dakota
    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: $21.5 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, 2010)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $37,599Total assets
  • $8,758Cash and due from depository institutions
  • $70Interest-bearing balances
  • $3,374Securities
  • $4,566Federal funds sold & reverse repurchase agreements
  • $17,892Net loans & leases
  • $467Loan loss allowance
  • $0Trading account assets
  • $1,326Bank premises and fixed assets
  • $1,086Other real estate owned
  • $220Goodwill and other intangibles
  • $0Life insurance assets
  • $377All other assets
  • $37,599Total liabilities and capital
  • $36,700Total liabilities
  • $36,550Total deposits
  • $22,510Interest-bearing deposits
  • $36,550Deposits held in domestic offices
  • 95.73%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $150All other liabilities
  • $899Total equity capital
  • $899Total bank equity capital
  • $899Perpetual preferred stock
  • $0Common stock
  • $1,345Surplus
  • $3,496Undivided profits
  • Memoranda
  • $-3,942Noncurrent loans and leases
  • $1,966Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,718Earning assets
  • $0Long-term assets (5+ years)
  • $83Average Assets, year-to-date
  • $25,902Average Assets, quarterly
  • $1,437Volatile liabilities
  • $37,787Insider loans
  • $36,792FHLB advances
  • $1,794Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,966Total unused commitments
  • $1,102Restructured Loans and leases
  • $293Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $1,308Total interest income
  • $276Total interest expense
  • $1,032Net interest income
  • $628Provision for loan and lease losses
  • $316Total noninterest income
  • $0Fiduciary activities
  • $236Service charges on deposit accounts
  • $0Trading account gains & fees
  • $80Additional noninterest income
  • $2,724Total noninterest expense
  • $1,032Salaries and employee benefits
  • $512Premises and equipment expense
  • $1,180Additional noninterest expense
  • -$2,004Pre-tax net operating income
  • $195Securities gains (losses)
  • $0Applicable income taxes
  • -$1,809Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,809Net income attributable to bank
  • $0Net charge-offs
  • -$1,809Cash dividends
  • $982Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.41%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 3.48%Net interest margin
  • 1.06%Noninterest income to earning assets
  • 9.18%Noninterest expense to earning assets
  • -5.30%Net operating income to assets
  • -4.79%Return on assets (ROA)
  • -4.79%Pretax return on assets
  • -91.12%Return on equity (ROE)
  • -91.12%Retained earnings to average equity (YTD only)
  • 4.72%Net charge-offs to loans
  • 63.95%Credit loss provision to net charge-offs
  • -1.40%Efficiency ratio
  • 202,077Assets per employee
  • 2.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.54%Loss allowance to noncurrent loans
  • 27.18%Noncurrent assets plus other real estate owned to assets
  • 7.46%Noncurrent loans to loans
  • 9.36%Net loans and leases to deposits
  • 48.95%Net loans and leases to core deposits
  • 51.48%Equity capital to assets
  • 2.39%Core capital (leverage) ratio
  • 1.87%Tier 1 risk-based capital ratio
  • 2.90%Total risk-based capital ratio
  • Memoranda
  • $4Average assets
  • $37,787Average earning assets
  • $1,985Average equity
  • $29,678Average 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 Rosemount 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