FDIC Certificate #: 58236 Status: Active Federal Reserve ID: 3393824 Bank Holding Company (Regulatory Top Holder): Stonebridge Bancorporation (RSSDID: 3393815, Location: Minneapolis, MN) Date Established: Febuary 17, 2006 WWW:http://www.stonebridgebank.biz 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 #: 444009 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: All Other Specialization < 1 Billion Date of Deposit Insurance: Febuary 17, 2006 Last Structure Change Effective Date: March 31, 2011 Last Structure Change Process Date: March 31, 2011 Last Data Update: March 31, 2011 Data Source Date: April 05, 2012
Location
Address: 903 Washington Avenue South, Minneapolis, MN 55415 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: $109.5 mil Equity capital: $8.0 mil Deposits held in domestic offices: $95.9 mil Return on assets (ROA): 0.60% ($0.7 mil) Quarterly return on assets: 0.86% ($0.9 mil) Return on Equity (ROE): 7.48% ($0.6 mil) Quarterly return on equity: 10.96% ($0.9 mil) Net income: $0.6 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.60% ($657.3 mil) Quarterly Pretax return on assets: 0.86% ($942.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$109,548Total assets
$34,167Cash and due from depository institutions
$29,306Interest-bearing balances
$7,098Securities
$0Federal funds sold & reverse repurchase agreements
$66,600Net loans & leases
$719Loan loss allowance
$0Trading account assets
$767Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$109,548Life insurance assets
$916All other assets
$101,522Total liabilities and capital
$95,859Total liabilities
$48,760Total deposits
$95,859Interest-bearing deposits
$68Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$663Subordinated debt
$8,026All other liabilities
$8,026Total equity capital
$8,026Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$7,059Surplus
$867Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$435Income earned, not collected on loans
$0Earning assets
$240Long-term assets (5+ years)
$103,004Average Assets, year-to-date
$635Average Assets, quarterly
$95,011Volatile liabilities
$100,994Insider loans
$82,727FHLB advances
$105,268Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,961Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$31,008Restructured Loans and leases
$2,157Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,799Total interest income
$579Total interest expense
$3,220Net interest income
$49Provision for loan and lease losses
$235Total noninterest income
$0Fiduciary activities
$200Service charges on deposit accounts
$0Trading account gains & fees
$35Additional noninterest income
$2,834Total noninterest expense
$1,782Salaries and employee benefits
$340Premises and equipment expense
$712Additional noninterest expense
$572Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$572Income before extraordinary items
$0Extraordinary gains - net
$572Net income attributable to bank
$0Net charge-offs
$572Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.19%Yield on earning assets
0.64%Cost of funding earning assets
3.55%Net interest margin
0.26%Noninterest income to earning assets
3.13%Noninterest expense to earning assets
0.60%Net operating income to assets
0.60%Return on assets (ROA)
0.60%Pretax return on assets
7.48%Return on equity (ROE)
7.48%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
82,026Assets per employee
6.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.07%Loss allowance to noncurrent loans
165.29%Noncurrent assets plus other real estate owned to assets
0.40%Noncurrent loans to loans
0.65%Net loans and leases to deposits
69.48%Net loans and leases to core deposits
77.77%Equity capital to assets
7.33%Core capital (leverage) ratio
7.56%Tier 1 risk-based capital ratio
9.62%Total risk-based capital ratio
Memoranda
$10Average assets
$95,011Average earning assets
$7,645Average equity
$90,615Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
444009
Stonebridge Bank
903 Washington Avenue South, Minneapolis, MN 55415
Febuary 17, 2006
Full Service Brick and Mortar
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