AMERIBANK in Bloomington, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 14, 1996

  • AMERIBANK in Bloomington, Minnesota (MN)
  • Show street view No street view available for this location

AMERIBANK - Overview

  • General
  • FDIC Certificate #: 20289
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Minnesota, National Association (#5208)
    Federal Reserve ID: 101859
    Date Established: November 03, 1970
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 11293
    FDIC's unique #: 13963
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 03, 1970
    Last Structure Change Effective Date: June 14, 1996
    Last Structure Change Process Date: June 27, 1996
    Last Data Update: June 27, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 4200 West Old Shakopee Road, Bloomington, MN 55437
    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: $152.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $76Total assets
  • $160,385Cash and due from depository institutions
  • $9,617Interest-bearing balances
  • $0Securities
  • $44,190Federal funds sold & reverse repurchase agreements
  • $6,400Net loans & leases
  • $96,048Loan loss allowance
  • $1,632Trading account assets
  • $0Bank premises and fixed assets
  • $2,170Other real estate owned
  • $0Goodwill and other intangibles
  • $1,960Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $160,385Total liabilities
  • $145,246Total deposits
  • $134,234Interest-bearing deposits
  • $101,792Deposits held in domestic offices
  • 134234.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $9,147Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,865Total equity capital
  • $1,865Total bank equity capital
  • $15,139Perpetual preferred stock
  • $0Common stock
  • $2,128Surplus
  • $9,300Undivided profits
  • Memoranda
  • $3,711Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $419Income earned, not collected on loans
  • $543Earning assets
  • $146,638Long-term assets (5+ years)
  • $24,769Average Assets, year-to-date
  • $156,903Average Assets, quarterly
  • $157,886Volatile liabilities
  • $18,577Insider loans
  • $3,157FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $13,632Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $14,899Total risk weighted assets
  • $108,766Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $11,724Total interest expense
  • $5,137Net interest income
  • $6,587Provision for loan and lease losses
  • $170Total noninterest income
  • $1,101Fiduciary activities
  • $0Service charges on deposit accounts
  • $775Trading account gains & fees
  • $0Additional noninterest income
  • $326Total noninterest expense
  • $4,670Salaries and employee benefits
  • $2,612Premises and equipment expense
  • $828Additional noninterest expense
  • $1,230Pre-tax net operating income
  • $2,848Securities gains (losses)
  • $0Applicable income taxes
  • $847Income before extraordinary items
  • $2,001Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,001Net charge-offs
  • $9Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.11%Cost of funding earning assets
  • 3.55%Net interest margin
  • 4.56%Noninterest income to earning assets
  • 0.76%Noninterest expense to earning assets
  • 3.23%Net operating income to assets
  • 1.28%Return on assets (ROA)
  • 1.28%Pretax return on assets
  • 1.82%Return on equity (ROE)
  • 14.61%Retained earnings to average equity (YTD only)
  • 14.61%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • 1888.89%Efficiency ratio
  • 60,744Assets per employee
  • 2.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.67%Loss allowance to noncurrent loans
  • 389.50%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.43%Net loans and leases to deposits
  • 71.55%Net loans and leases to core deposits
  • 76.96%Equity capital to assets
  • 9.44%Core capital (leverage) ratio
  • 9.78%Tier 1 risk-based capital ratio
  • 13.70%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $156,903Average earning assets
  • $13,696Average equity
  • $144,586Average loans

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