The RiverBank in Wyoming, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 07, 2011

  • The RiverBank in Wyoming, Minnesota (MN)
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The RiverBank routing number info

The RiverBank - Overview

  • General
  • FDIC Certificate #: 10216
    Status: Inactive
    Acquiring institution: Central Bank (#27234)
    Federal Reserve ID: 30258
    Date Established: March 09, 1908
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    FDIC's unique #: 6553
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 07, 2011
    Last Structure Change Process Date: October 11, 2011
    Last Data Update: October 11, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 26777 Fallbrook Avenue, Wyoming, MN 55092
    County: Chisago
    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
  • Absorption - Assisted
  • Financial Summary
  • Total assets: $419.7 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, 2010)

  • Dollar figures in thousands
  • 117Total employees (full-time equivalent)
  • $432,006Total assets
  • $18,499Cash and due from depository institutions
  • $13,406Interest-bearing balances
  • $30,934Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $315,677Net loans & leases
  • $10,439Loan loss allowance
  • $0Trading account assets
  • $9,922Bank premises and fixed assets
  • $42,462Other real estate owned
  • $4,757Goodwill and other intangibles
  • $4,294Life insurance assets
  • $9,755All other assets
  • $432,005Total liabilities and capital
  • $410,011Total liabilities
  • $377,721Total deposits
  • $323,127Interest-bearing deposits
  • $377,721Deposits held in domestic offices
  • 96.36%% insured (estimated)
  • $1,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $28,687Other borrowed funds
  • $0Subordinated debt
  • $2,603All other liabilities
  • $21,994Total equity capital
  • $21,994Total bank equity capital
  • $21,994Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $43,072Undivided profits
  • Memoranda
  • $-21,228Noncurrent loans and leases
  • $34,865Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $38,129Earning assets
  • $824Long-term assets (5+ years)
  • $704Average Assets, year-to-date
  • $360,017Average Assets, quarterly
  • $29,202Volatile liabilities
  • $458,390Insider loans
  • $444,281FHLB advances
  • $89,646Loans and leases held for sale
  • $1,731Unused loan commitments
  • $28,000Tier 1 (core) risk-based capital
  • $8,865Tier 2 risk-based capital
  • $3,960Total risk weighted assets
  • $34,865Total unused commitments
  • $14,392Restructured Loans and leases
  • $4,585Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $19,715Total interest income
  • $6,465Total interest expense
  • $13,250Net interest income
  • $9,033Provision for loan and lease losses
  • $6,757Total noninterest income
  • $0Fiduciary activities
  • $1,129Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,628Additional noninterest income
  • $18,730Total noninterest expense
  • $7,248Salaries and employee benefits
  • $2,222Premises and equipment expense
  • $9,260Additional noninterest expense
  • -$7,756Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$7,756Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,756Net income attributable to bank
  • $0Net charge-offs
  • -$7,756Cash dividends
  • $11,279Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.07%Yield on earning assets
  • 1.66%Cost of funding earning assets
  • 3.41%Net interest margin
  • 1.74%Noninterest income to earning assets
  • 4.82%Noninterest expense to earning assets
  • -1.69%Net operating income to assets
  • -1.69%Return on assets (ROA)
  • -1.69%Pretax return on assets
  • -30.49%Return on equity (ROE)
  • -30.49%Retained earnings to average equity (YTD only)
  • 3.28%Net charge-offs to loans
  • 80.09%Credit loss provision to net charge-offs
  • 0.11%Efficiency ratio
  • 93,617Assets per employee
  • 3.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.20%Loss allowance to noncurrent loans
  • 27.38%Noncurrent assets plus other real estate owned to assets
  • 18.66%Noncurrent loans to loans
  • 11.69%Net loans and leases to deposits
  • 83.57%Net loans and leases to core deposits
  • 108.94%Equity capital to assets
  • 5.09%Core capital (leverage) ratio
  • 4.71%Tier 1 risk-based capital ratio
  • 5.76%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $458,390Average earning assets
  • $25,435Average equity
  • $388,977Average loans

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