Signature Bank (MN) is headquartered in Minnetonka and is the 36th largest bank in the state of Minnesota. It is also the 1,761st largest bank in the nation. It was established in 2003 and as of June of 2017, it had grown to 60 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||1.48%|
|Return on Equity - YTD||15.62%|
|Annual Interest Income||$8.8MM|
|Assets and Liabilities|
|Assets||Q2 2017vs Q2 2016||$393.1MM$365.9MM|
|Loans||Q2 2017vs Q2 2016||$321.8MM$304.7MM|
|Deposits||Q2 2017vs Q2 2016||$346.6MM$330.9MM|
|Equity Capital||Q2 2017vs Q2 2016||$37.7MM$33.5MM|
|Loan Loss Allowance||Q2 2017vs Q2 2016||$3.8MM$3.4MM|
|Unbacked Noncurrent Loans||Q2 2017vs Q2 2016||$574.00K$922.00K|
|Real Estate Owned||Q2 2017vs Q2 2016||$1.1MM$1.9MM|
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|Signature Bank (MN) Locations|
|Signature Bank||9800 Bren Road East, Suite 200||Minnetonka, MN 55343|