Associated Bank Minnesota, National Association in city_name, state_name

Associated Bank Minnesota, National Association in Minneapolis, Minnesota (MN)
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Associated Bank Minnesota, National Association - Overview

General
FDIC Certificate #: 18704
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Associated Bank, National Association (#5296)
Federal Reserve ID: 870258
Date Established: Febuary 21, 1963
WWW: http://www.associatedbank.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 17 (Interstate: No)
OTS Docket #: 10368
FDIC's unique #: 12573
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: Febuary 21, 1963
Last Structure Change Effective Date: July 15, 2005
Last Structure Change Process Date: November 03, 2005
Last Data Update: November 03, 2005
Data Source Date: April 05, 2012
Location
Address: 1801 Riverside Drive, Minneapolis, MN 55419
County: Hennepin
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Chicago
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: $1,897.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)

Dollar figures in thousands
274Total employees (full-time equivalent)
$1,961,639Total assets
$49,879Cash and due from depository institutions
$46Interest-bearing balances
$258,109Securities
$203,438Federal funds sold & reverse repurchase agreements
$1,188,954Net loans & leases
$27,981Loan loss allowance
$0Trading account assets
$15,825Bank premises and fixed assets
$2,188Other real estate owned
$194,502Goodwill and other intangibles
$0Life insurance assets
$48,744All other assets
$1,961,639Total liabilities and capital
$1,621,654Total liabilities
$1,252,945Total deposits
$857,101Interest-bearing deposits
$1,252,945Deposits held in domestic offices
0.00%% insured (estimated)
$288,265Federal funds purchased & repurchase agreements
$0Trading liabilities
$59,016Other borrowed funds
$0Subordinated debt
$21,428All other liabilities
$339,985Total equity capital
$339,985Total bank equity capital
$339,985Perpetual preferred stock
$0Common stock
$436Surplus
$327,547Undivided profits
Memoranda
$12,002Noncurrent loans and leases
$404,867Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$18,600Earning assets
$5,190Long-term assets (5+ years)
$6,261Average Assets, year-to-date
$1,650,547Average Assets, quarterly
$180,978Volatile liabilities
$1,950,412Insider loans
$1,936,195FHLB advances
$371,509Loans and leases held for sale
$1,120Unused loan commitments
$48,000Tier 1 (core) risk-based capital
$13,866Tier 2 risk-based capital
$324Total risk weighted assets
$404,867Total unused commitments
$0Restructured Loans and leases
$17,144Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$80,816Total interest income
$17,984Total interest expense
$62,832Net interest income
$894Provision for loan and lease losses
$12,858Total noninterest income
$0Fiduciary activities
$8,473Service charges on deposit accounts
$0Trading account gains & fees
$4,385Additional noninterest income
$40,318Total noninterest expense
$17,204Salaries and employee benefits
$3,708Premises and equipment expense
$19,406Additional noninterest expense
$34,478Pre-tax net operating income
-$2,339Securities gains (losses)
$10,961Applicable income taxes
$21,178Income before extraordinary items
$0Extraordinary gains - net
$21,178Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,168Sale, conversion, retirement of capital stock, net
$18,500Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.92%Yield on earning assets
1.10%Cost of funding earning assets
3.83%Net interest margin
0.78%Noninterest income to earning assets
2.45%Noninterest expense to earning assets
1.16%Net operating income to assets
1.09%Return on assets (ROA)
1.65%Pretax return on assets
6.25%Return on equity (ROE)
0.79%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
76.54%Credit loss provision to net charge-offs
30.28%Efficiency ratio
51,758Assets per employee
7.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
87.35%Loss allowance to loans
2.30%Loss allowance to noncurrent loans
150.44%Noncurrent assets plus other real estate owned to assets
0.97%Noncurrent loans to loans
1.53%Net loans and leases to deposits
94.89%Net loans and leases to core deposits
100.89%Equity capital to assets
17.33%Core capital (leverage) ratio
8.53%Tier 1 risk-based capital ratio
10.62%Total risk-based capital ratio
Memoranda
$12Average assets
$1,950,412Average earning assets
$339,074Average equity
$1,642,287Average loans

Associated Bank Minnesota, National Association in Minneapolis, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Associated Bank Minnesota, National Association - Overview

Assets and Liabilities (December 31, 2004)

Income and Expense (December 31, 2004)

Performance and Condition Ratios (December 31, 2004)

Comment about this bank, ask questions, or add new information about it:

Associated Bank Minnesota, National Association in Minneapolis, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Associated Bank Minnesota, National Association - Overview

Assets and Liabilities (December 31, 2004)

Income and Expense (December 31, 2004)

Performance and Condition Ratios (December 31, 2004)

Comment about this bank, ask questions, or add new information about it:

Associated Bank Minnesota, National Association in Minneapolis, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches