Vitals
  • Total Assets
    174.6M 73.0 %
  • Total Deposits
    151.4M 73.0 %
  • Total Net Loans
    132.3M 101.8 %
  • Net Income
    -58000.0000 -111.0 %
  • Book Value
    22.4M 69.0 %
  • Book Value x2
    44.9M 69.0 %
  • Book Value x3
    67.3M 69.0 %
ROAA

-.032

ROAE

-.259

Efficiency Ratio

108.281

Net Interest Margin

4.077

Balance Sheet Highlights
Financial Highlights Flagship Bank Minnesota All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 174,595 147,703
Total Net Loans 132,271 97,223
Total Deposits 151,361 126,600
Total Equity 22,435 15,565
Profitability
Net Income -58 1,683
Return on Average Assets -.032 1.08
Return on Average Equity -.259 9.905
Net Interest Margin 4.077 3.845
Efficiency Ratio 108.281 68.21
Noninterest Income/Revenue -10.207 13.68
Balance Sheet Ratios
Loan-to-Deposit 87.388 75.205
Securities/Assets .082 .174
Total Equity/Total Assets .128 .105
Tangible Equity/Tangible Assets .128 .103
Capital Adequacy
Tier 1 Common Capital 18,317 15,225
Tier 1 Capital 18,317 15,232
Tier 2 Capital 833 1,135
Total Capital 19,150 16,386
Total Risk Weighted Assets 134,365 105,251
Leverage Ratio 10.47 10.475
Common Equity Tier 1 Capital Ratio 13.63 15.3
Tier 1 Capital Ratio 13.63 15.308
Total Capital Ratio 14.25 16.398

Timeline for Flagship Bank Minnesota

Landmark Community Bank, National Association

Acquisition: Flagship Bank Minnesota acquired a new subsidiary, Landmark Community Bank, National Association, 8 years

View Profile Oct 01 2016

Flagship Credit Services, Llc

Flagship Credit Services, Llc became a new subsidiary organization for Flagship Bank Minnesota.

View Profile Jan 01 2006

Community Bank St. Peter

Acquisition: Flagship Bank Minnesota acquired a new subsidiary, Community Bank St. Peter, 25 years

View Profile Oct 09 1999

Community Bank Mortgage Company

Community Bank Mortgage Company became a new subsidiary organization for Flagship Bank Minnesota.

View Profile Apr 01 1997

Flagship Financial Group, Inc.

Flagship Financial Group, Inc. became a new parent organization for Flagship Bank Minnesota.

View Profile Mar 01 1984

Want to see more?

Complete timeline for Flagship Bank Minnesota is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Landmark Community Bank, National Association Seller 78,338 Acquisition Discontinued 10/1/2016
Community Bank St. Peter Seller 19,540 Pooling of Interests Discontinued 10/9/1999
Relationships Role Relationship Start Relationship End
Flagship Financial Group, Inc. Parent 3/1/1984
Flagship Credit Services, Llc Subsidary 1/1/2006 11/9/2010
Community Bank Mortgage Company Subsidary 4/1/1997 4/26/2002
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