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 Luminate Bank
Luminate Bank
| RSSD ID 310754 | CERTIFICATE 16635 | ABA NUMBER 91916255 |
| 2523 South Wayzata Boulevard |
Quarter Ended : |
2025-06-30 |
| Minneapolis, Minnesota, 55405 |
Updated : |
2025-07-30 |
| luminate.bank |
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| Institution Profile |
| Year Opened : |
1937 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
587 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 412,454 |
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Total Interest Income | 10,490 |
| Total Liabilities | 373,285 |
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Total NonInterest Income | 54,722 |
| Total Bank Equity Capital | 39,169 |
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Total Interest Expense | 5,038 |
| Total Deposits | 343,906 |
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Total NonInterest Expense | 52,107 |
| Net Loans & Leases | 196,726 |
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Net Income | 4,605 |
| Loan Loss Allowance | 5,231 |
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Net Charge Offs | 6,801 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 41,917 |
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Total loans | 295,349 |
| Total assets for the leverage ratio | 369,480 |
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Loans secured by real estate: | 269,832 |
| Tier 1 Leverage Ratio | 10.27 |
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Commercial and industrial loans | 39,135 |
| Tier 1 Capital Ratio | 12.01 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.26 |
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Loans to individuals - Other | 231 |
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:· Luminate Bank
