Stearns Bank National Association

Details Stearns Bank National Association Stearns Bank National Association

www.stearnsbank.com

Minnesota

Stearns

Saint Cloud

(N) Commercial bank, federal charter & Fed member

active

10988

1912

FDIC Certificate Number: 10988
FDIC's unique number: 7040
The FDIC Field Office where an institution is physically located: Minneapolis

Federal Reserve ID Number: 141556
Report Date: 2011-06-30

Bank Charter Class: N
OCC Charter Number: 15576

Number of Domestic Offices: 11
Number of Foreign Offices: 0
The date of the last data update: 2010-11-15

1912-05-28 Institution established. Original name: Stearns County National Bank Of Albany.
1990-11-30 Acquired Boundary Waters State Bank in Ely, Minnesota.
1996-10-15 Changed name to Stearns County National Bank .
1997-08-05 Changed name to Stearns Bank National Association .
1997-10-15 Moved bank headquarters from Albany, Minnesota to St. Cloud, Minnesota.
1997-12-17 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
1997-12-17 Moved bank headquarters from St. Cloud, Minnesota to Saint Cloud, Minnesota.
2007-12-28 Acquired Stearns Bank Arizona National Association in Scottsdale, Arizona.
2008-10-24 Acquired Alpha Bank & Trust in Alpharetta, Georgia as part of a government assisted transaction.
2009-06-26 Acquired Horizon Bank in Pine City, Minnesota as part of a government assisted transaction.
2009-08-07 Acquired Community National Bank Of Sarasota County in Venice, Florida as part of a government assisted transaction.
2009-08-07 Acquired First State Bank in Sarasota, Florida as part of a government assisted transaction.
2009-08-21 Acquired Ebank in Atlanta, Georgia as part of a government assisted transaction.
2010-11-12 Acquired Copper Star Bank in Scottsdale, Arizona as part of a government assisted transaction.

Total assets: $1,182,098,000
Total deposits: $862,632,000
Deposits held in domestic offices: $862,632,000
Equity capital: $235,447,000

Net income: $16,868,000

Return on Assets: 2.78
Return on Equity: 14.23
Last updated on: 2011-10-20

Bank Holding Company: Stearns Financial Services, Inc. Employee Stock Ownership Plan

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