Franklin National Bank Of Minneapolis
Minneapolis, MN — Domestic Branch of a Domestic Bank
Acquired Apr 2013
Vitals
-
Total Assets207.3M 42.5 %
-
Total Deposits180.2M 51.2 %
-
Total Net Loans115.5M 11.9 %
-
Net Income27000.0000 -94.3 %
-
Book Value19.8M -3.2 %
-
Book Value x239.6M -3.2 %
-
Book Value x359.4M -3.2 %
Balance Sheet Highlights
Financial Highlights | Franklin National Bank Of Minneapolis | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 207,298 | 125,684 |
Total Net Loans | 115,495 | 75,095 |
Total Deposits | 180,197 | 108,341 |
Total Equity | 19,813 | 13,048 |
Profitability | ||
Net Income | 27 | 301 |
Return on Average Assets | .039 | .928 |
Return on Average Equity | .532 | 8.798 |
Net Interest Margin | 2.497 | 3.767 |
Efficiency Ratio | 98.306 | 71.404 |
Noninterest Income/Revenue | 6.617 | 13.022 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 64.094 | 66.624 |
Securities/Assets | .082 | .197 |
Total Equity/Total Assets | .096 | .104 |
Tangible Equity/Tangible Assets | .095 | .102 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 19,713 | 12,133 |
Tier 2 Capital | 1,350 | 980 |
Total Capital | 21,063 | 13,139 |
Total Risk Weighted Assets | 118,377 | 84,361 |
Leverage Ratio | 7.09 | 9.773 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 16.65 | 15.428 |
Total Capital Ratio | 17.79 | 16.577 |
Timeline for Franklin National Bank Of Minneapolis
Sunrise Banks, National Association
Franklin National Bank Of Minneapolis was acquired by Sunrise Banks, National Association 11 years
View Profile Apr 01 2013Eastbank
Acquisition: Franklin National Bank Of Minneapolis acquired a new subsidiary, Eastbank, 14 years
View Profile Jul 18 2009University Financial Corp, Gbc Dba Sunrise Banks
University Financial Corp, Gbc Dba Sunrise Banks became a new parent organization for Franklin National Bank Of Minneapolis.
View Profile Jul 01 1986Korsel Corporation
Korsel Corporation became a new parent organization for Franklin National Bank Of Minneapolis.
View Profile Dec 31 1970Franklin National Bank Of Minneapolis
Franklin National Bank Of Minneapolis was established 62 years ago and is currently headquartered in Minneapolis, MN.
Aug 01 1961Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Sunrise Banks, National Association | Buyer | 794,144 | Pooling of Interests | Discontinued | 4/1/2013 |
Eastbank | Seller | 15,489 | Acquisition | Discontinued | 7/18/2009 |
Relationships | Role | Relationship Start | Relationship End |
University Financial Corp, Gbc Dba Sunrise Banks | Parent | 6/20/1997 | 3/31/2013 |
University Financial Corp, Gbc Dba Sunrise Banks | Parent | 5/15/1997 | 6/19/1997 |
University Financial Corp, Gbc Dba Sunrise Banks | Parent | 3/17/1997 | 5/14/1997 |
University Financial Corp, Gbc Dba Sunrise Banks | Parent | 4/18/1995 | 3/16/1997 |
University Financial Corp, Gbc Dba Sunrise Banks | Parent | 12/31/1989 | 4/17/1995 |
University Financial Corp, Gbc Dba Sunrise Banks | Parent | 7/1/1986 | 12/30/1989 |
Korsel Corporation | Parent | 12/31/1970 | 2/1/1972 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Worthington National Bank
|
Arlington | TX | 209.6M |
Commercial National Bank Of Texarkana
|
Texarkana | TX | 209.6M |
First National Bank And Trust
|
London | KY | 203.7M |
T Bank, National Association
|
Dallas | TX | 211.1M |
The First National Bank Of Trenton
|
Trenton | TX | 211.3M |
The First National Bank Of Bellevue
|
Bellevue | OH | 212.7M |
First National Bank Of Picayune
|
Picayune | MS | 208.9M |
The First National Bank Of Allendale
|
Allendale | IL | 209.4M |
Atlantic Trust Company, National Association
|
Atlanta | GA | 201.2M |
Southeast National Bank
|
Davenport | IA | 203.6M |