Stonebridge Bank in Minneapolis, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Stonebridge Bank - Overview

  • General
  • FDIC Certificate #: 58236
    Status: Active
    Federal Reserve ID: 3393824
    Bank Holding Company (Regulatory Top Holder): Stonebridge Bancorporation (RSSDID: 3393815, Location: Minneapolis, MN)
    Date Established: Febuary 17, 2006
    WWW: http://www.stonebridgebank.biz
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 444009
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: Febuary 17, 2006
    Last Structure Change Effective Date: March 31, 2011
    Last Structure Change Process Date: March 31, 2011
    Last Data Update: March 31, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 903 Washington Avenue South, Minneapolis, MN 55415
    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: $109.5 mil
    Equity capital: $8.0 mil
    Deposits held in domestic offices: $95.9 mil
    Return on assets (ROA): 0.60% ($0.7 mil)
    Quarterly return on assets: 0.86% ($0.9 mil)
    Return on Equity (ROE): 7.48% ($0.6 mil)
    Quarterly return on equity: 10.96% ($0.9 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.60% ($657.3 mil)
    Quarterly Pretax return on assets: 0.86% ($942.1 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, 2011)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $109,548Total assets
  • $34,167Cash and due from depository institutions
  • $29,306Interest-bearing balances
  • $7,098Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $66,600Net loans & leases
  • $719Loan loss allowance
  • $0Trading account assets
  • $767Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $109,548Life insurance assets
  • $916All other assets
  • $101,522Total liabilities and capital
  • $95,859Total liabilities
  • $48,760Total deposits
  • $95,859Interest-bearing deposits
  • $68Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $663Subordinated debt
  • $8,026All other liabilities
  • $8,026Total equity capital
  • $8,026Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $7,059Surplus
  • $867Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $435Income earned, not collected on loans
  • $0Earning assets
  • $240Long-term assets (5+ years)
  • $103,004Average Assets, year-to-date
  • $635Average Assets, quarterly
  • $95,011Volatile liabilities
  • $100,994Insider loans
  • $82,727FHLB advances
  • $105,268Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,961Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $31,008Restructured Loans and leases
  • $2,157Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,799Total interest income
  • $579Total interest expense
  • $3,220Net interest income
  • $49Provision for loan and lease losses
  • $235Total noninterest income
  • $0Fiduciary activities
  • $200Service charges on deposit accounts
  • $0Trading account gains & fees
  • $35Additional noninterest income
  • $2,834Total noninterest expense
  • $1,782Salaries and employee benefits
  • $340Premises and equipment expense
  • $712Additional noninterest expense
  • $572Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $572Income before extraordinary items
  • $0Extraordinary gains - net
  • $572Net income attributable to bank
  • $0Net charge-offs
  • $572Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.19%Yield on earning assets
  • 0.64%Cost of funding earning assets
  • 3.55%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 3.13%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 0.60%Pretax return on assets
  • 7.48%Return on equity (ROE)
  • 7.48%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 82,026Assets per employee
  • 6.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 165.29%Noncurrent assets plus other real estate owned to assets
  • 0.40%Noncurrent loans to loans
  • 0.65%Net loans and leases to deposits
  • 69.48%Net loans and leases to core deposits
  • 77.77%Equity capital to assets
  • 7.33%Core capital (leverage) ratio
  • 7.56%Tier 1 risk-based capital ratio
  • 9.62%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $95,011Average earning assets
  • $7,645Average equity
  • $90,615Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0444009Stonebridge Bank903 Washington Avenue South, Minneapolis, MN 55415Febuary 17, 2006Full Service Brick and Mortar

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