FDIC Certificate #: 58063 Status: Active Federal Reserve ID: 3357077 Bank Holding Company (Regulatory Top Holder): Vision Bancshares, Inc. (RSSDID: 3357068, Location: Saint Louis Park, MN) Date Established: September 12, 2005 WWW:http://www.bankwithvision.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 #: 438758 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: September 12, 2005 Last Structure Change Effective Date: August 23, 2007 Last Structure Change Process Date: August 27, 2007 Last Data Update: August 27, 2007 Data Source Date: April 05, 2012
Location
Address: 4725 Highway 7, Saint Louis Park, MN 55416 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
Name Change
Financial Summary
Total assets: $31.3 mil Equity capital: $3.8 mil Deposits held in domestic offices: $27.3 mil Return on assets (ROA): 0.62% ($0.2 mil) Quarterly return on assets: -0.65% (-$0.2 mil) Return on Equity (ROE): 5.63% ($0.2 mil) Quarterly return on equity: -5.39% (-$0.2 mil) Net income: $0.2 mil Quarterly Net income: -$0.1 mil Pretax return on assets: 0.62% ($193.8 mil) Quarterly Pretax return on assets: -0.65% (-$203.2 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$31,262Total assets
$2,060Cash and due from depository institutions
$1,739Interest-bearing balances
$2,091Securities
$0Federal funds sold & reverse repurchase agreements
$25,464Net loans & leases
$638Loan loss allowance
$0Trading account assets
$93Bank premises and fixed assets
$1,259Other real estate owned
$0Goodwill and other intangibles
$31,262Life insurance assets
$295All other assets
$27,429Total liabilities and capital
$27,255Total liabilities
$24,904Total deposits
$27,255Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$132Trading liabilities
$0Other borrowed funds
$42Subordinated debt
$3,833All other liabilities
$3,833Total equity capital
$3,833Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$6,554Surplus
$-2,821Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$247Income earned, not collected on loans
$0Earning assets
$135Long-term assets (5+ years)
$29,294Average Assets, year-to-date
$3,815Average Assets, quarterly
$33,777Volatile liabilities
$32,227Insider loans
$27,399FHLB advances
$31,317Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,833Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,846Restructured Loans and leases
$632Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,812Total interest income
$458Total interest expense
$1,354Net interest income
$110Provision for loan and lease losses
$166Total noninterest income
$0Fiduciary activities
$9Service charges on deposit accounts
$0Trading account gains & fees
$157Additional noninterest income
$1,200Total noninterest expense
$490Salaries and employee benefits
$177Premises and equipment expense
$533Additional noninterest expense
$210Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$210Income before extraordinary items
$0Extraordinary gains - net
$210Net income attributable to bank
$0Net charge-offs
$210Cash dividends
$376Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.84%Yield on earning assets
1.48%Cost of funding earning assets
4.36%Net interest margin
0.54%Noninterest income to earning assets
3.87%Noninterest expense to earning assets
0.62%Net operating income to assets
0.62%Return on assets (ROA)
0.62%Pretax return on assets
5.63%Return on equity (ROE)
5.63%Retained earnings to average equity (YTD only)
1.38%Net charge-offs to loans
29.26%Credit loss provision to net charge-offs
0.85%Efficiency ratio
78,947Assets per employee
4.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.44%Loss allowance to noncurrent loans
258.30%Noncurrent assets plus other real estate owned to assets
4.82%Noncurrent loans to loans
0.95%Net loans and leases to deposits
93.43%Net loans and leases to core deposits
97.62%Equity capital to assets
12.26%Core capital (leverage) ratio
12.24%Tier 1 risk-based capital ratio
13.99%Total risk-based capital ratio
Memoranda
$15Average assets
$33,777Average earning assets
$3,732Average equity
$31,028Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
438758
Visionbank
4725 Highway 7, Saint Louis Park, MN 55416
September 12, 2005
Full Service Brick and Mortar
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