Minnesota – Ramsey – Saint Paul
(SM) Commercial bank, state charter & Fed member
active
www.americanbankmn.com
Minnesota
Ramsey
Saint Paul
(SM) Commercial bank, state charter & Fed member
active
20843
1972
FDIC Certificate Number: 20843
FDIC's unique number: 14400
The FDIC Field Office where an institution is physically located: Minneapolis
Federal Reserve ID Number: 34153
Report Date: 2011-06-30
Bank Charter Class: SM
Number of Domestic Offices: 10
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03
1972-10-24 Institution established. Original name: Dakota County State Bank.
1995-01-21 Acquired The Phalen Bank in St. Paul, Minnesota.
1995-01-21 Changed name to Dakota Bank .
2002-09-14 Acquired The Midway National Bank Of St. Paul in St. Paul, Minnesota.
2002-09-14 Changed name to American Bank Of St. Paul .
2002-09-14 Moved bank headquarters from Mendota Heights, Minnesota to Saint Paul, Minnesota.
2004-11-22 Acquired Americana National Bank in Albert Lea, Minnesota.
2005-10-24 Acquired American State Bank Of Olivia in Olivia, Minnesota.
Total assets: $443,774,000
Total deposits: $403,092,000
Deposits held in domestic offices: $403,092,000
Equity capital: $25,324,000
Net income: $-3,327,000
Return on Assets: -1.43
Return on Equity: -24.95
Last updated on: 2011-10-20
Bank Holding Company: American Bancorporation
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Profile ID: LFUS-BAB-P-7443