Blaine State Bank in Blaine, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Blaine State Bank in Blaine, Minnesota (MN)
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Blaine State Bank - Overview

  • General
  • FDIC Certificate #: 20670
    Status: Active
    Federal Reserve ID: 334255
    Bank Holding Company (Regulatory Top Holder): Tysan Corporation, The (RSSDID: 1125085, Location: Minneapolis, MN)
    Date Established: May 01, 1972
    WWW: http://www.blainestatebank.com
    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 #: 14269
    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: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: May 01, 1972
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 10107 University Avenue, N.E., Blaine, MN 55434
    County: Anoka
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $39.6 mil
    Equity capital: $5.9 mil
    Deposits held in domestic offices: $31.6 mil
    Return on assets (ROA): -1.30% (-$0.5 mil)
    Quarterly return on assets: -1.26% (-$0.5 mil)
    Return on Equity (ROE): -8.53% (-$0.5 mil)
    Quarterly return on equity: -8.40% (-$0.5 mil)
    Net income: -$0.5 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -2.12% (-$838.6 mil)
    Quarterly Pretax return on assets: -4.38% (-$1,732.6 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, 2011)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $39,556Total assets
  • $4,760Cash and due from depository institutions
  • $3,213Interest-bearing balances
  • $2,902Securities
  • $2,750Federal funds sold & reverse repurchase agreements
  • $22,093Net loans & leases
  • $199Loan loss allowance
  • $0Trading account assets
  • $1,514Bank premises and fixed assets
  • $1,365Other real estate owned
  • $3,632Goodwill and other intangibles
  • $39,556Life insurance assets
  • $540All other assets
  • $33,668Total liabilities and capital
  • $31,593Total liabilities
  • $25,498Total deposits
  • $31,593Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $75Subordinated debt
  • $5,888All other liabilities
  • $5,888Total equity capital
  • $5,888Total bank equity capital
  • $0Perpetual preferred stock
  • $323Common stock
  • $5,914Surplus
  • $-349Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $344Income earned, not collected on loans
  • $0Earning assets
  • $133Long-term assets (5+ years)
  • $30,958Average Assets, year-to-date
  • $1,568Average Assets, quarterly
  • $40,175Volatile liabilities
  • $39,758Insider loans
  • $24,350FHLB advances
  • $36,856Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,403Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,430Restructured Loans and leases
  • $15Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,715Total interest income
  • $384Total interest expense
  • $1,331Net interest income
  • $663Provision for loan and lease losses
  • $155Total noninterest income
  • $0Fiduciary activities
  • $96Service charges on deposit accounts
  • $0Trading account gains & fees
  • $59Additional noninterest income
  • $1,674Total noninterest expense
  • $831Salaries and employee benefits
  • $192Premises and equipment expense
  • $651Additional noninterest expense
  • -$851Pre-tax net operating income
  • $0Securities gains (losses)
  • -$330Applicable income taxes
  • -$521Income before extraordinary items
  • $0Extraordinary gains - net
  • -$521Net income attributable to bank
  • $0Net charge-offs
  • -$521Cash dividends
  • $872Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.26%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 4.08%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 5.14%Noninterest expense to earning assets
  • -1.30%Net operating income to assets
  • -1.30%Return on assets (ROA)
  • -2.12%Pretax return on assets
  • -8.53%Return on equity (ROE)
  • -8.53%Retained earnings to average equity (YTD only)
  • 3.42%Net charge-offs to loans
  • 76.03%Credit loss provision to net charge-offs
  • -0.22%Efficiency ratio
  • 112,651Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.89%Loss allowance to noncurrent loans
  • 57.85%Noncurrent assets plus other real estate owned to assets
  • 4.32%Noncurrent loans to loans
  • 1.54%Net loans and leases to deposits
  • 69.93%Net loans and leases to core deposits
  • 76.55%Equity capital to assets
  • 14.89%Core capital (leverage) ratio
  • 6.52%Tier 1 risk-based capital ratio
  • 9.87%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $40,175Average earning assets
  • $6,111Average equity
  • $32,587Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014269Blaine State Bank10107 University Avenue, N.E., Blaine, MN 55434May 01, 1972Full Service Brick and Mortar

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