VisionBank in Saint Louis Park, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • VisionBank in Saint Louis Park, Minnesota (MN)
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VisionBank - Overview

  • General
  • FDIC Certificate #: 58063
    Status: Active
    Federal Reserve ID: 3357077
    Bank Holding Company (Regulatory Top Holder): Vision Bancshares, Inc. (RSSDID: 3357068, Location: Saint Louis Park, MN)
    Date Established: September 12, 2005
    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 #: 438758
    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: Commercial Lending Specialization
    Date of Deposit Insurance: September 12, 2005
    Last Structure Change Effective Date: August 23, 2007
    Last Structure Change Process Date: August 27, 2007
    Last Data Update: August 27, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 4725 Highway 7, Saint 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)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $31.3 mil
    Equity capital: $3.8 mil
    Deposits held in domestic offices: $27.3 mil
    Return on assets (ROA): 0.62% ($0.2 mil)
    Quarterly return on assets: -0.65% (-$0.2 mil)
    Return on Equity (ROE): 5.63% ($0.2 mil)
    Quarterly return on equity: -5.39% (-$0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.62% ($193.8 mil)
    Quarterly Pretax return on assets: -0.65% (-$203.2 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, 2011)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $31,262Total assets
  • $2,060Cash and due from depository institutions
  • $1,739Interest-bearing balances
  • $2,091Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $25,464Net loans & leases
  • $638Loan loss allowance
  • $0Trading account assets
  • $93Bank premises and fixed assets
  • $1,259Other real estate owned
  • $0Goodwill and other intangibles
  • $31,262Life insurance assets
  • $295All other assets
  • $27,429Total liabilities and capital
  • $27,255Total liabilities
  • $24,904Total deposits
  • $27,255Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $132Trading liabilities
  • $0Other borrowed funds
  • $42Subordinated debt
  • $3,833All other liabilities
  • $3,833Total equity capital
  • $3,833Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $6,554Surplus
  • $-2,821Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $247Income earned, not collected on loans
  • $0Earning assets
  • $135Long-term assets (5+ years)
  • $29,294Average Assets, year-to-date
  • $3,815Average Assets, quarterly
  • $33,777Volatile liabilities
  • $32,227Insider loans
  • $27,399FHLB advances
  • $31,317Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,833Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,846Restructured Loans and leases
  • $632Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,812Total interest income
  • $458Total interest expense
  • $1,354Net interest income
  • $110Provision for loan and lease losses
  • $166Total noninterest income
  • $0Fiduciary activities
  • $9Service charges on deposit accounts
  • $0Trading account gains & fees
  • $157Additional noninterest income
  • $1,200Total noninterest expense
  • $490Salaries and employee benefits
  • $177Premises and equipment expense
  • $533Additional noninterest expense
  • $210Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $210Income before extraordinary items
  • $0Extraordinary gains - net
  • $210Net income attributable to bank
  • $0Net charge-offs
  • $210Cash dividends
  • $376Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.84%Yield on earning assets
  • 1.48%Cost of funding earning assets
  • 4.36%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 3.87%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 5.63%Return on equity (ROE)
  • 5.63%Retained earnings to average equity (YTD only)
  • 1.38%Net charge-offs to loans
  • 29.26%Credit loss provision to net charge-offs
  • 0.85%Efficiency ratio
  • 78,947Assets per employee
  • 4.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.44%Loss allowance to noncurrent loans
  • 258.30%Noncurrent assets plus other real estate owned to assets
  • 4.82%Noncurrent loans to loans
  • 0.95%Net loans and leases to deposits
  • 93.43%Net loans and leases to core deposits
  • 97.62%Equity capital to assets
  • 12.26%Core capital (leverage) ratio
  • 12.24%Tier 1 risk-based capital ratio
  • 13.99%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $33,777Average earning assets
  • $3,732Average equity
  • $31,028Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0438758Visionbank4725 Highway 7, Saint Louis Park, MN 55416September 12, 2005Full Service Brick and Mortar

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