FDIC Certificate #: 58303 Status: Active Federal Reserve ID: 3470239 Date Established: September 14, 2006 WWW:http://www.ameriprise.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 18013 FDIC's unique #: 445715 Numeric code: 37 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: September 14, 2006 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 901 3rd Avenue South, Minneapolis, MN 55402 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
Change in Primary Regulatory Agency
Financial Summary
Total assets: $5,152.2 mil Equity capital: $364.2 mil Deposits held in domestic offices: $4,754.3 mil Return on assets (ROA): 0.63% ($32.5 mil) Quarterly return on assets: 0.62% ($31.9 mil) Return on Equity (ROE): 8.91% ($32.4 mil) Quarterly return on equity: 8.79% ($32.0 mil) Net income: $29.0 mil Quarterly Net income: $7.9 mil Pretax return on assets: 0.99% ($51,006.6 mil) Quarterly Pretax return on assets: 0.87% ($44,824.0 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
105Total employees (full-time equivalent)
$5,152,186Total assets
$89,501Cash and due from depository institutions
$72,492Interest-bearing balances
$3,648,807Securities
$0Federal funds sold & reverse repurchase agreements
$1,363,438Net loans & leases
$16,473Loan loss allowance
$0Trading account assets
$32Bank premises and fixed assets
$426Other real estate owned
$6,936Goodwill and other intangibles
$5,152,186Life insurance assets
$43,046All other assets
$4,787,998Total liabilities and capital
$4,754,273Total liabilities
$4,749,477Total deposits
$4,754,273Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$33,725Subordinated debt
$364,188All other liabilities
$364,188Total equity capital
$364,188Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$452,711Surplus
$-89,023Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,071Income earned, not collected on loans
$0Earning assets
$13,688Long-term assets (5+ years)
$5,084,737Average Assets, year-to-date
$0Average Assets, quarterly
$4,596,529Volatile liabilities
$5,090,417Insider loans
$2,785,979FHLB advances
$5,217,525Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$402,432Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,377,833Restructured Loans and leases
$2,486Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$120,903Total interest income
$18,907Total interest expense
$101,996Net interest income
$11,478Provision for loan and lease losses
$27,600Total noninterest income
$0Fiduciary activities
$246Service charges on deposit accounts
-$869Trading account gains & fees
$28,223Additional noninterest income
$69,939Total noninterest expense
$15,370Salaries and employee benefits
$7,666Premises and equipment expense
$46,903Additional noninterest expense
$48,179Pre-tax net operating income
-$2,897Securities gains (losses)
$16,261Applicable income taxes
$29,021Income before extraordinary items
$0Extraordinary gains - net
$29,021Net income attributable to bank
$0Net charge-offs
$29,021Cash dividends
$10,798Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.66%Yield on earning assets
0.42%Cost of funding earning assets
2.25%Net interest margin
0.61%Noninterest income to earning assets
1.54%Noninterest expense to earning assets
0.67%Net operating income to assets
0.63%Return on assets (ROA)
0.99%Pretax return on assets
8.91%Return on equity (ROE)
8.91%Retained earnings to average equity (YTD only)
0.88%Net charge-offs to loans
106.30%Credit loss provision to net charge-offs
5.52%Efficiency ratio
52,424Assets per employee
49.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
324.85%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.37%Net loans and leases to deposits
28.68%Net loans and leases to core deposits
212.52%Equity capital to assets
7.07%Core capital (leverage) ratio
7.71%Tier 1 risk-based capital ratio
14.44%Total risk-based capital ratio
Memoranda
$15Average assets
$4,596,529Average earning assets
$325,685Average equity
$4,542,701Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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