Signature Bank (MN) is headquartered in Minnetonka and is the 36th largest bank in the state of Minnesota. It is also the 1,853rd largest bank in the nation. It was established in 2003 and as of June of 2016, it had grown to 57 employees at 1 location. Signature Bank (MN) has an A health rating.
I have had loans and accounts with several well known institutions . It seems banking is all the same even in this period of banking reform with poor customer service and thousands of uninterpretable loan documents are the standard. This is where Signature Bank is different. Signature Bank provides incredible personal service. The loan application was approximately three pages of easy to understand language. It's hard to believe such a bank exists.
|FDIC Certificate #||57631|
|Return on Assets - YTD||1.52%|
|Return on Equity - YTD||17.5%|
|Annual Interest Income||$8.1MM|
|Assets and Liabilities|
|Assets||Q2 2016vs Q2 2015||$365.9MM$315.8MM|
|Loans||Q2 2016vs Q2 2015||$304.7MM$254.0MM|
|Deposits||Q2 2016vs Q2 2015||$330.9MM$281.4MM|
|Equity Capital||Q2 2016vs Q2 2015||$33.5MM$28.2MM|
|Loan Loss Allowance||Q2 2016vs Q2 2015||$3.4MM$3.3MM|
|Unbacked Noncurrent Loans||Q2 2016vs Q2 2015||$922.00K$641.00K|
|Real Estate Owned||Q2 2016vs Q2 2015||$1.9MM$2.9MM|
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|Signature Bank (MN) Locations|
|Signature Bank||9800 Bren Road East, Suite 200||Minnetonka, MN 55343|