FDIC Certificate #: 57631 Status: Active Federal Reserve ID: 3207921 Bank Holding Company (Regulatory Top Holder): Signature Bancshares, Inc. (RSSDID: 3207912, Location: Minnetonka, MN) Date Established: November 10, 2003 WWW:http://www.signaturebankonline.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 #: 418819 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: November 10, 2003 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: 9800 Bren Road East, Suite 200, Minnetonka, MN 55343 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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $177.2 mil Equity capital: $19.5 mil Deposits held in domestic offices: $151.8 mil Return on assets (ROA): 0.90% ($1.6 mil) Quarterly return on assets: 1.21% ($2.1 mil) Return on Equity (ROE): 8.42% ($1.6 mil) Quarterly return on equity: 10.95% ($2.1 mil) Net income: $1.6 mil Quarterly Net income: $0.5 mil Pretax return on assets: 0.91% ($1,612.4 mil) Quarterly Pretax return on assets: 1.22% ($2,161.7 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
25Total employees (full-time equivalent)
$177,191Total assets
$6,963Cash and due from depository institutions
$1,505Interest-bearing balances
$8,940Securities
$2,420Federal funds sold & reverse repurchase agreements
$152,858Net loans & leases
$3,556Loan loss allowance
$0Trading account assets
$321Bank premises and fixed assets
$4,154Other real estate owned
$0Goodwill and other intangibles
$177,191Life insurance assets
$1,535All other assets
$157,714Total liabilities and capital
$151,773Total liabilities
$119,801Total deposits
$151,773Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,045Trading liabilities
$0Other borrowed funds
$896Subordinated debt
$19,477All other liabilities
$19,477Total equity capital
$19,477Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$19,190Surplus
$-713Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,515Income earned, not collected on loans
$0Earning assets
$496Long-term assets (5+ years)
$165,723Average Assets, year-to-date
$23,993Average Assets, quarterly
$176,319Volatile liabilities
$176,065Insider loans
$155,922FHLB advances
$176,662Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$19,385Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$31,834Restructured Loans and leases
$1,763Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$9,587Total interest income
$1,838Total interest expense
$7,749Net interest income
$1,200Provision for loan and lease losses
$519Total noninterest income
$0Fiduciary activities
$268Service charges on deposit accounts
$0Trading account gains & fees
$251Additional noninterest income
$5,471Total noninterest expense
$2,733Salaries and employee benefits
$450Premises and equipment expense
$2,288Additional noninterest expense
$1,597Pre-tax net operating income
$0Securities gains (losses)
$6Applicable income taxes
$1,591Income before extraordinary items
$0Extraordinary gains - net
$1,591Net income attributable to bank
$0Net charge-offs
$1,591Cash dividends
$1,677Sale, conversion, retirement of capital stock, net
$367Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.82%Yield on earning assets
1.12%Cost of funding earning assets
4.71%Net interest margin
0.32%Noninterest income to earning assets
3.32%Noninterest expense to earning assets
0.90%Net operating income to assets
0.90%Return on assets (ROA)
0.91%Pretax return on assets
8.42%Return on equity (ROE)
6.48%Retained earnings to average equity (YTD only)
1.08%Net charge-offs to loans
71.56%Credit loss provision to net charge-offs
1.67%Efficiency ratio
66,171Assets per employee
7.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
23.07%Loss allowance to loans
2.27%Loss allowance to noncurrent loans
234.72%Noncurrent assets plus other real estate owned to assets
3.20%Noncurrent loans to loans
0.97%Net loans and leases to deposits
100.71%Net loans and leases to core deposits
126.41%Equity capital to assets
10.99%Core capital (leverage) ratio
10.97%Tier 1 risk-based capital ratio
12.43%Total risk-based capital ratio
Memoranda
$14Average assets
$176,319Average earning assets
$18,892Average equity
$164,610Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
418819
Signature Bank
9800 Bren Road East, Suite 200, Minnetonka, MN 55343
November 10, 2003
Full Service Brick and Mortar
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