First Advantage Bank
Coon Rapids, MN — Domestic Branch of a Domestic Bank
Acquired Oct 2016
Vitals
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Total Assets74.5M -4.1 %
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Total Deposits61.5M -0.8 %
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Total Net Loans34.2M 11.6 %
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Net Income-89000.0000 -200.0 %
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Book Value9.0M 5.4 %
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Book Value x217.9M 5.4 %
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Book Value x326.9M 5.4 %
Balance Sheet Highlights
Financial Highlights | First Advantage Bank | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 74,454 | 142,179 |
Total Net Loans | 34,193 | 94,130 |
Total Deposits | 61,452 | 120,810 |
Total Equity | 8,959 | 15,614 |
Profitability | ||
Net Income | -89 | 1,275 |
Return on Average Assets | -.156 | 1.116 |
Return on Average Equity | -1.347 | 10.217 |
Net Interest Margin | 2.727 | 3.852 |
Efficiency Ratio | 108.649 | 67.82 |
Noninterest Income/Revenue | -24.775 | 13.333 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 55.642 | 76.259 |
Securities/Assets | .354 | .17 |
Total Equity/Total Assets | .12 | .11 |
Tangible Equity/Tangible Assets | .108 | .108 |
Capital Adequacy | ||
Tier 1 Common Capital | 7,811 | 14,738 |
Tier 1 Capital | 7,811 | 14,745 |
Tier 2 Capital | 189 | 1,107 |
Total Capital | 8,000 | 15,868 |
Total Risk Weighted Assets | 41,978 | 101,742 |
Leverage Ratio | 10.41 | 10.491 |
Common Equity Tier 1 Capital Ratio | 18.61 | 15.324 |
Tier 1 Capital Ratio | 18.61 | 15.335 |
Total Capital Ratio | 19.06 | 16.434 |
Timeline for First Advantage Bank
Border State Bank
First Advantage Bank was acquired by Border State Bank 8 years
View Profile Oct 08 2016Border Bancshares, Inc.
Border Bancshares, Inc. became a new parent organization for First Advantage Bank.
View Profile Feb 27 2015First Advantage Oreo, Llc
First Advantage Oreo, Llc became a new subsidiary organization for First Advantage Bank.
View Profile Feb 04 2009First Advantage Bank
First Advantage Bank was established 21 years ago and is currently headquartered in Coon Rapids, MN.
Sep 02 2003First Advantage Bancshares, Inc.
First Advantage Bancshares, Inc. became a new parent organization for First Advantage Bank.
View Profile Sep 02 2003Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Border State Bank | Buyer | 407,100 | Pooling of Interests | Discontinued | 10/8/2016 |
Relationships | Role | Relationship Start | Relationship End |
Border Bancshares, Inc. | Parent | 2/27/2015 | 10/7/2016 |
First Advantage Bancshares, Inc. | Parent | 9/2/2003 | 2/26/2015 |
First Advantage Oreo, Llc | Subsidary | 2/4/2009 | 10/7/2016 |
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