American Bank Burnsville in Burnsville, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 02, 1995

  • American Bank Burnsville in Burnsville, Minnesota (MN)
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American Bank Burnsville - Overview

  • General
  • FDIC Certificate #: 20663
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: American Commercial Bank (#9771)
    Federal Reserve ID: 150857
    Date Established: April 19, 1972
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 14263
    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: April 19, 1972
    Last Structure Change Effective Date: December 02, 1995
    Last Structure Change Process Date: December 20, 1995
    Last Data Update: December 20, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 West Burnsville Parkway, Burnsville, MN 55337
    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: $51.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $22Total assets
  • $58,460Cash and due from depository institutions
  • $8,079Interest-bearing balances
  • $0Securities
  • $11,759Federal funds sold & reverse repurchase agreements
  • $3,947Net loans & leases
  • $32,633Loan loss allowance
  • $550Trading account assets
  • $0Bank premises and fixed assets
  • $1,144Other real estate owned
  • $25Goodwill and other intangibles
  • $873Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $58,460Total liabilities
  • $53,413Total deposits
  • $52,355Interest-bearing deposits
  • $29,380Deposits held in domestic offices
  • 52355.00%% insured (estimated)
  • $76Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $931Subordinated debt
  • $0All other liabilities
  • $127Total equity capital
  • $127Total bank equity capital
  • $5,047Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $2,750Undivided profits
  • Memoranda
  • $2,047Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $580Income earned, not collected on loans
  • $247Earning assets
  • $48,339Long-term assets (5+ years)
  • $6,536Average Assets, year-to-date
  • $54,680Average Assets, quarterly
  • $54,693Volatile liabilities
  • $2,666Insider loans
  • $328FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,785Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,067Total risk weighted assets
  • $39,542Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,463Total interest expense
  • $816Net interest income
  • $2,647Provision for loan and lease losses
  • $174Total noninterest income
  • $559Fiduciary activities
  • $0Service charges on deposit accounts
  • $378Trading account gains & fees
  • $0Additional noninterest income
  • $181Total noninterest expense
  • $1,826Salaries and employee benefits
  • $895Premises and equipment expense
  • $176Additional noninterest expense
  • $755Pre-tax net operating income
  • $1,206Securities gains (losses)
  • $0Applicable income taxes
  • $484Income before extraordinary items
  • $722Extraordinary gains - net
  • $0Net income attributable to bank
  • $722Net charge-offs
  • $100Cash dividends
  • $298Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.33%Cost of funding earning assets
  • 1.73%Net interest margin
  • 5.60%Noninterest income to earning assets
  • 1.18%Noninterest expense to earning assets
  • 3.86%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 1.32%Pretax return on assets
  • 2.21%Return on equity (ROE)
  • 15.16%Retained earnings to average equity (YTD only)
  • 8.90%Net charge-offs to loans
  • 0.31%Credit loss provision to net charge-offs
  • 174.00%Efficiency ratio
  • 56,956Assets per employee
  • 2.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.27%Loss allowance to loans
  • 1.66%Loss allowance to noncurrent loans
  • 94.83%Noncurrent assets plus other real estate owned to assets
  • 1.03%Noncurrent loans to loans
  • 1.75%Net loans and leases to deposits
  • 62.33%Net loans and leases to core deposits
  • 65.67%Equity capital to assets
  • 8.63%Core capital (leverage) ratio
  • 9.65%Tier 1 risk-based capital ratio
  • 12.81%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $54,680Average earning assets
  • $4,762Average equity
  • $47,250Average loans

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