Ameriprise Bank FSB

Ameriprise Bank FSB Locations
901 3rd Avenue South
Minneapolis, MN 55402
(888) 356-1006
www.ameriprise.com

FDIC
For more than 110 years, Ameriprise Bank has provided solutions to help people change how they think about their money. They have made financial planning about their clients—not just numbers. Treating each customer as an individual, Ameriprise has created customized plans tailored to their dreams and goals


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Data for Q4 2012


Institution Statistics


Ameriprise Bank, FSB
OTS #18013
FDIC Certificate #58303
BankRate ReportView
Year Established2006
Employees48
Primary RegulatorOCC

Assets and Liabilities

Assets$220.29 million
Equity Capital$176.66 million

Historic Data - December 2011

Assets$5.15 billion
Equity Capital$364.19 million
Loan Loss Allowance$16.47 million
Unbacked Noncurrent Loans$5.07 million
Real Estate Owned$426,000

Profit Margin - Quarterly

Net Interest Margin2.23%
Return on Assets-0.5%
Return on Equity-6.03%
Interest Income$107.88 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Ameriprise Bank FSB had $0 in non-current loans and owned real-estate with $176.66 million in equity and loan loss allowances on hand to cover it. This gives Ameriprise Bank FSB a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Ameriprise Bank FSB has $220.29 million in assets with $176.66 million in equity, resulting in a capitalization level of 80.19%, which is excellent.
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