FDIC Certificate #: 57785 Status: Active Federal Reserve ID: 3253834 Bank Holding Company (Regulatory Top Holder): Lakeview Bancorporation, Inc. (RSSDID: 3253825, Location: Lakeville, MN) Date Established: July 08, 2004 WWW:http://www.lakeview-bank.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 #: 424611 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: Commercial Lending Specialization Date of Deposit Insurance: July 08, 2004 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: 9725 163rd Street West, Lakeville, MN 55044 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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $50.0 mil Equity capital: $5.7 mil Deposits held in domestic offices: $44.0 mil Return on assets (ROA): -0.04% (-$0.0 mil) Quarterly return on assets: 0.30% ($0.1 mil) Return on Equity (ROE): -0.41% (-$0.0 mil) Quarterly return on equity: 2.70% ($0.2 mil) Net income: -$0.0 mil Quarterly Net income: $0.0 mil Pretax return on assets: -0.07% (-$35.0 mil) Quarterly Pretax return on assets: 0.50% ($250.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$50,023Total assets
$4,729Cash and due from depository institutions
$4,049Interest-bearing balances
$3,087Securities
$425Federal funds sold & reverse repurchase agreements
$35,342Net loans & leases
$662Loan loss allowance
$0Trading account assets
$1,882Bank premises and fixed assets
$2,633Other real estate owned
$0Goodwill and other intangibles
$50,023Life insurance assets
$1,925All other assets
$44,366Total liabilities and capital
$43,973Total liabilities
$37,714Total deposits
$43,973Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$200Other borrowed funds
$193Subordinated debt
$5,657All other liabilities
$5,657Total equity capital
$5,657Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$7,815Surplus
$-2,258Undivided profits
Memoranda
$0Noncurrent loans and leases
$134Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,970Income earned, not collected on loans
$0Earning assets
$121Long-term assets (5+ years)
$42,903Average Assets, year-to-date
$3,745Average Assets, quarterly
$53,242Volatile liabilities
$51,353Insider loans
$38,506FHLB advances
$50,099Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,130Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,627Restructured Loans and leases
$747Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,280Total interest income
$438Total interest expense
$1,842Net interest income
$335Provision for loan and lease losses
$299Total noninterest income
$0Fiduciary activities
$103Service charges on deposit accounts
$0Trading account gains & fees
$196Additional noninterest income
$1,845Total noninterest expense
$808Salaries and employee benefits
$186Premises and equipment expense
$851Additional noninterest expense
-$39Pre-tax net operating income
$0Securities gains (losses)
-$16Applicable income taxes
-$23Income before extraordinary items
$0Extraordinary gains - net
-$23Net income attributable to bank
$0Net charge-offs
-$23Cash dividends
$1,313Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.95%Yield on earning assets
0.95%Cost of funding earning assets
4.00%Net interest margin
0.65%Noninterest income to earning assets
4.00%Noninterest expense to earning assets
-0.04%Net operating income to assets
-0.04%Return on assets (ROA)
-0.07%Pretax return on assets
-0.41%Return on equity (ROE)
-0.41%Retained earnings to average equity (YTD only)
3.33%Net charge-offs to loans
25.51%Credit loss provision to net charge-offs
0.23%Efficiency ratio
86,175Assets per employee
5.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.84%Loss allowance to noncurrent loans
33.60%Noncurrent assets plus other real estate owned to assets
9.20%Noncurrent loans to loans
5.47%Net loans and leases to deposits
80.37%Net loans and leases to core deposits
81.90%Equity capital to assets
11.31%Core capital (leverage) ratio
8.24%Tier 1 risk-based capital ratio
10.73%Total risk-based capital ratio
Memoranda
$13Average assets
$53,242Average earning assets
$5,543Average equity
$46,083Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
424611
Lakeview Bank
9725 163rd Street West, Lakeville, MN 55044
July 08, 2004
Full Service Brick and Mortar
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