The Business Bank
Minnetonka, MN — Domestic Branch of a Domestic Bank
Acquired Sep 2013
Vitals
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Total Assets192.0M 16.5 %
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Total Deposits132.7M 12.6 %
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Total Net Loans151.1M 9.4 %
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Net Income208000.0000 -83.6 %
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Book Value22.2M 53.3 %
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Book Value x244.4M 53.3 %
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Book Value x366.5M 53.3 %
Balance Sheet Highlights
Financial Highlights | The Business Bank | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 191,961 | 124,763 |
Total Net Loans | 151,098 | 77,531 |
Total Deposits | 132,715 | 107,014 |
Total Equity | 22,179 | 12,772 |
Profitability | ||
Net Income | 208 | 633 |
Return on Average Assets | .476 | .963 |
Return on Average Equity | 4.572 | 9.172 |
Net Interest Margin | 3.437 | 3.803 |
Efficiency Ratio | 96.194 | 71.234 |
Noninterest Income/Revenue | 84.762 | 13.592 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 113.852 | 69.452 |
Securities/Assets | .046 | .199 |
Total Equity/Total Assets | .116 | .102 |
Tangible Equity/Tangible Assets | .081 | .101 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 15,570 | 12,339 |
Tier 2 Capital | 31 | 990 |
Total Capital | 15,601 | 13,353 |
Total Risk Weighted Assets | 120,952 | 86,555 |
Leverage Ratio | 9.58 | 9.956 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 12.87 | 15.371 |
Total Capital Ratio | 12.9 | 16.501 |
Timeline for The Business Bank
Prime Insurance Agency, Inc.
Prime Insurance Agency, Inc. became a new subsidiary organization for The Business Bank.
View Profile Apr 14 2009The Business Bank
The Business Bank was established 24 years ago and is currently headquartered in Minnetonka, MN.
May 22 2000Business Bancorporation, Inc.
Business Bancorporation, Inc. became a new parent organization for The Business Bank.
View Profile May 22 2000Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bell Bank | Buyer | 3,993,362 | Pooling of Interests | Discontinued | 9/21/2013 |
Relationships | Role | Relationship Start | Relationship End |
Business Bancorporation, Inc. | Parent | 5/22/2000 | 9/20/2013 |
Prime Insurance Agency, Inc. | Subsidary | 4/14/2009 | 12/19/2012 |
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