Century Bank, National Association in Eden Prairie, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2002

  • Century Bank, National Association in Eden Prairie, Minnesota (MN)
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Century Bank, National Association - Overview

  • General
  • FDIC Certificate #: 33244
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: M&I Marshall and Ilsley Bank (#1020)
    Federal Reserve ID: 1842195
    Date Established: December 31, 1990
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 15378
    FDIC's unique #: 46713
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 31, 1990
    Last Structure Change Effective Date: June 01, 2002
    Last Structure Change Process Date: June 14, 2002
    Last Data Update: June 14, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 11455 Viking Drive, Eden Prairie, MN 55344
    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: $360.1 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, 2001)

  • Dollar figures in thousands
  • 79Total employees (full-time equivalent)
  • $325,955Total assets
  • $22,903Cash and due from depository institutions
  • $300Interest-bearing balances
  • $19,558Securities
  • $6,475Federal funds sold & reverse repurchase agreements
  • $268,956Net loans & leases
  • $4,084Loan loss allowance
  • $0Trading account assets
  • $3,252Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,811All other assets
  • $325,955Total liabilities and capital
  • $296,083Total liabilities
  • $280,657Total deposits
  • $202,266Interest-bearing deposits
  • $280,657Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,675Other borrowed funds
  • $0Subordinated debt
  • $2,751All other liabilities
  • $29,872Total equity capital
  • $29,872Total bank equity capital
  • $29,872Perpetual preferred stock
  • $0Common stock
  • $725Surplus
  • $9,375Undivided profits
  • Memoranda
  • $19,772Noncurrent loans and leases
  • $105,524Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $85Earning assets
  • $0Long-term assets (5+ years)
  • $1,280Average Assets, year-to-date
  • $295,289Average Assets, quarterly
  • $19,342Volatile liabilities
  • $309,807Insider loans
  • $324,228FHLB advances
  • $46,063Loans and leases held for sale
  • $6,242Unused loan commitments
  • $12,675Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $105,524Total unused commitments
  • $0Restructured Loans and leases
  • $3,861Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $24,009Total interest income
  • $9,150Total interest expense
  • $14,859Net interest income
  • $503Provision for loan and lease losses
  • $1,125Total noninterest income
  • $0Fiduciary activities
  • $822Service charges on deposit accounts
  • $0Trading account gains & fees
  • $303Additional noninterest income
  • $8,665Total noninterest expense
  • $5,307Salaries and employee benefits
  • $1,683Premises and equipment expense
  • $1,675Additional noninterest expense
  • $6,816Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,546Applicable income taxes
  • $4,270Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,270Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $155Sale, conversion, retirement of capital stock, net
  • $450Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.57%Yield on earning assets
  • 3.27%Cost of funding earning assets
  • 5.30%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 3.09%Noninterest expense to earning assets
  • 1.38%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 2.20%Pretax return on assets
  • 15.35%Return on equity (ROE)
  • 13.73%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 324.52%Credit loss provision to net charge-offs
  • 47.22%Efficiency ratio
  • 54,210Assets per employee
  • 4.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 10.54%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 4804.71%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 95.83%Net loans and leases to core deposits
  • 111.37%Equity capital to assets
  • 9.16%Core capital (leverage) ratio
  • 9.02%Tier 1 risk-based capital ratio
  • 9.51%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $309,807Average earning assets
  • $27,819Average equity
  • $280,185Average loans

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