St. Louis Bank for Savings, National Association in Duluth, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 18, 1994

  • St. Louis Bank for Savings, National Association in Duluth, Minnesota (MN)
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St. Louis Bank for Savings, National Association - Overview

  • General
  • FDIC Certificate #: 29340
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank National Association (#5199)
    Federal Reserve ID: 76470
    Date Established: January 01, 1922
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 3308
    FDIC's unique #: 42174
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 08, 1936
    Last Structure Change Effective Date: June 18, 1994
    Last Structure Change Process Date: July 01, 1994
    Last Data Update: July 01, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 332 West Superior Street, Duluth, MN 55802
    County: St. Louis
    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): Duluth-Superior, MN-WI (#2240)
    Core Based Statistical Area (CBSA): Duluth, MN-WI (#20260)
    CBSA Metro Statistical Area: Duluth, MN-WI (#20260)
  • Financial Summary
  • Total assets: $172.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $81Total assets
  • $185,675Cash and due from depository institutions
  • $9,580Interest-bearing balances
  • $7,067Securities
  • $60,981Federal funds sold & reverse repurchase agreements
  • $465Net loans & leases
  • $106,990Loan loss allowance
  • $981Trading account assets
  • $0Bank premises and fixed assets
  • $2,071Other real estate owned
  • $97Goodwill and other intangibles
  • $5,322Life insurance assets
  • $169All other assets
  • $0Total liabilities and capital
  • $185,675Total liabilities
  • $173,527Total deposits
  • $162,940Interest-bearing deposits
  • $160,094Deposits held in domestic offices
  • 162940.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $9,028Subordinated debt
  • $0All other liabilities
  • $1,559Total equity capital
  • $1,559Total bank equity capital
  • $12,148Perpetual preferred stock
  • $0Common stock
  • $10Surplus
  • $8,240Undivided profits
  • Memoranda
  • $3,898Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $169Income earned, not collected on loans
  • $590Earning assets
  • $175,503Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $186,432Average Assets, quarterly
  • $193,297Volatile liabilities
  • $24,306Insider loans
  • $0FHLB advances
  • $8,973Loans and leases held for sale
  • $0Unused loan commitments
  • $6,429Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $12,148Total risk weighted assets
  • $79,370Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $11,671Total interest expense
  • $6,379Net interest income
  • $5,292Provision for loan and lease losses
  • -$375Total noninterest income
  • $1,020Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,020Total noninterest expense
  • $5,322Salaries and employee benefits
  • $2,475Premises and equipment expense
  • $1,251Additional noninterest expense
  • $1,596Pre-tax net operating income
  • $1,365Securities gains (losses)
  • $1,120Applicable income taxes
  • $231Income before extraordinary items
  • $2,254Extraordinary gains - net
  • $148Net income attributable to bank
  • $2,402Net charge-offs
  • $11Cash dividends
  • $300Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.63%Cost of funding earning assets
  • 3.62%Net interest margin
  • 3.00%Noninterest income to earning assets
  • 0.58%Noninterest expense to earning assets
  • 3.02%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 1.41%Return on equity (ROE)
  • 21.57%Retained earnings to average equity (YTD only)
  • 18.88%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • -3409.09%Efficiency ratio
  • 84,316Assets per employee
  • 2.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.49%Loss allowance to loans
  • 0.91%Loss allowance to noncurrent loans
  • 580.47%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.16%Net loans and leases to deposits
  • 65.66%Net loans and leases to core deposits
  • 72.46%Equity capital to assets
  • 6.54%Core capital (leverage) ratio
  • 6.54%Tier 1 risk-based capital ratio
  • 15.31%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $186,432Average earning assets
  • $11,134Average equity
  • $176,156Average loans

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