Minnwest Bank South
Tracy, MN — Domestic Branch of a Domestic Bank
Acquired May 2014
Vitals
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Total Assets204.3M -8.2 %
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Total Deposits172.1M -8.1 %
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Total Net Loans150.0M 7.3 %
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Net Income429000.0000 -12.6 %
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Book Value22.3M 3.8 %
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Book Value x244.6M 3.8 %
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Book Value x366.9M 3.8 %
Balance Sheet Highlights
Financial Highlights | Minnwest Bank South | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 204,269 | 131,444 |
Total Net Loans | 149,986 | 81,046 |
Total Deposits | 172,082 | 113,176 |
Total Equity | 22,304 | 13,482 |
Profitability | ||
Net Income | 429 | 336 |
Return on Average Assets | .836 | .947 |
Return on Average Equity | 7.71 | 9.369 |
Net Interest Margin | 3.59 | 3.742 |
Efficiency Ratio | 62.784 | 71.207 |
Noninterest Income/Revenue | 7.891 | 12.691 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 87.16 | 68.838 |
Securities/Assets | .081 | .2 |
Total Equity/Total Assets | .109 | .103 |
Tangible Equity/Tangible Assets | .106 | .101 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 21,598 | 13,072 |
Tier 2 Capital | 1,977 | 1,024 |
Total Capital | 23,575 | 14,121 |
Total Risk Weighted Assets | 157,747 | 90,050 |
Leverage Ratio | 10.55 | 10.057 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 13.69 | 15.523 |
Total Capital Ratio | 14.94 | 16.658 |
Timeline for Minnwest Bank South
Minnwest Mortgage Corporation
Minnwest Mortgage Corporation became a new subsidiary organization for Minnwest Bank South.
View Profile May 18 2011Minnwest Bank South
Acquisition: Minnwest Bank South acquired a new subsidiary, Minnwest Bank South, 23 years
View Profile May 19 2001Minval, Inc.
Minval, Inc. became a new subsidiary organization for Minnwest Bank South.
View Profile May 19 2001Minndata, Incorporated
Minndata, Incorporated became a new subsidiary organization for Minnwest Bank South.
View Profile Jan 01 1995Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Minnwest Bank | Buyer | 1,600,395 | Pooling of Interests | Discontinued | 5/24/2014 |
Minnwest Bank South | Seller | 94,255 | Pooling of Interests | Discontinued | 5/19/2001 |
Relationships | Role | Relationship Start | Relationship End |
Minnwest Corporation | Parent | 1/26/1987 | 5/23/2014 |
Wells Fargo & Company | Parent | 12/31/1984 | 1/25/1987 |
Wells Fargo & Company | Parent | 12/31/1983 | 12/30/1984 |
Wells Fargo & Company | Parent | 12/31/1982 | 12/30/1983 |
Wells Fargo & Company | Parent | 12/31/1978 | 12/30/1982 |
Wells Fargo & Company | Parent | 12/31/1977 | 12/30/1978 |
Wells Fargo & Company | Parent | 12/31/1976 | 12/30/1977 |
Wells Fargo & Company | Parent | 12/31/1974 | 12/30/1976 |
Wells Fargo & Company | Parent | 5/9/1956 | 12/30/1974 |
Minndata, Incorporated | Subsidary | 1/1/1995 | 5/23/2014 |
Minnwest Mortgage Corporation | Subsidary | 5/18/2011 | 4/9/2014 |
Minval, Inc. | Subsidary | 5/19/2001 | 12/30/2003 |
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