Premier Bank (MN)

Premier Bank (MN) is headquartered in Maplewood and is the 21^st largest bank in the state of Minnesota. It is also the 1,246^th largest bank in the nation. It was established in 1974 and as of March of 2012, it had grown to 82 employees at 7 locations. Premier Bank (MN) has a 1-star health rating.

Data for Q1 2012

Premier Bank (MN) consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

21714 - Premier Bank
33204 - Premier Bank Minnesota
33202 - Premier Bank Rochester

Institution Statistics Premier Bank FDIC Certificate # 21714 BankRate Report View Year Established 1974 Employees 82 Primary Regulator FDIC Assets and Liabilities Assets $541.78 million Loans $378.96 million Deposits $490.33 million Equity Capital $45.23 million Loan Loss Allowance $8.73 million Unbacked Noncurrent Loans $23.30 million Real Estate Owned $49.27 million Historic Data - March 2011 Assets $579.82 million Equity Capital $48.27 million Loan Loss Allowance $14.26 million Unbacked Noncurrent Loans $35.02 million Real Estate Owned $58.80 million Profit Margin - Quarterly Net Interest Margin 4.01% Return on Assets 0.51% Return on Equity 6.2% Interest Income $5.67 million

Institution Health Overall Score: 1 out of 5 Texas Ratio 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 March 31, 2012 Premier Bank (MN) had $72.57 million in non-current loans and owned real-estate with $53.95 million in equity and loan loss allowances on hand to cover it. This gives Premier Bank (MN) a Texas Ratio of 134.52% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Premier Bank (MN) held steady from 149.89% as of March 31, 2011 to 134.52% as of March 31, 2012, resulting in a positive change of 10.26%.This indicates that the balance sheet and financial strength for Premier Bank (MN) has held steady in recent periods. Deposit Growth In the past year, Premier Bank (MN) has decreased its total deposits by -$33.44 million, resulting in -6.38% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Premier Bank (MN) has shown is poor. Capitalization 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. Premier Bank (MN) has $541.78 million in assets with $53.95 million in equity, resulting in a capitalization level of 9.96%, which is average.

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