Luminate Bank
Minneapolis, MN
IDRSSD: 310754
Total Assets
$511.05M
Latest filing
Total Deposits
$431.80M
Latest filing
Net Interest Margin
5.47%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
091916255MINNEAPOLIS, MN
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Luminate Bank
2523 South Wayzata Boulevard
Minneapolis, MN 55405
Full Service - Brick and Mortar
Updated 01/30/2026Established 03/01/1937FDIC Certificate 10775
Branches (1)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Luminate Bank (Main) | 2523 South Wayzata Boulevard | Minneapolis, MN |
| CLAREMONT BRANCH | 208 W Front St | Claremont, MN |
Showing 1 of 1
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 03/01/1937 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 55405 |
| State and County Number | 27053 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Minneapolis-St. Paul-Bloomington, MN-WI |
Operational Info
| Number of Employees | 685 |
| Domestic Offices | 2 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 04/29/2024 |
| Date of Deposit Insurance | 10/20/1947 |
| Primary Insurance Agency | DIF |
| Website | luminate.bank |
| Data Updated | 01/30/2026 |
| CERT | 16635 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $511.05M |
| Total Deposits | $431.80M |
| Total Liabilities | $462.28M |
| Total Equity Capital | $48.77M |
| Net Income | $4.78M |
| Net Loans and Leases | $367.45M |
| Assets Per Employee ($Millions) | $0.68M |
| Bank Premises and Fixed Assets | $4.99M |
| Cash and Balances due from Depository Institutions | $104.60M |
| Deposits Held in Domestic Offices | $431.80M |
Key Performance Ratios
| Return on Assets (ROA) | 3.95% |
| Return on Equity (ROE) | 41.21% |
| Net Interest Margin | 5.47% |
| Efficiency Ratio | 88.97% |
| Tier 1 Risk-Based Capital Ratio | 12.506% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.01% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.542% |
| Earning Assets to total Assets | 91.7% |
Income and Expense
| Total Interest Income | $8.68M |
| Total Noninterest Income | $37.43M |
| Total Interest Expense | $2.65M |
| Total Noninterest Expense | $38.70M |
| Net Interest Income | $6.03M |
| Pre-tax Net Operating Income | $4.78M |
| Provision for Credit Losses | $-17,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $1.07M |
| Other borrowed funds | $8.57M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $21.90M |
| Total Liabilities and Capital | $511.05M |
Securities
| Securities | $2.00M |
| Available-for-sale debt securities | $2.00M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Luminate Bank?
$511.05M as of the latest filing.
How much are Luminate Bank's total deposits?
$431.80M in total deposits.
Where is Luminate Bank located?
Minneapolis, MN.
What is the Net Interest Margin?
5.47%.
How many domestic offices does it operate?
2.
When was it established?
03/01/1937.
What is the Return on Assets (ROA)?
3.95%.
How much are total loans and leases?
$367.45M (latest filing).
What is the total interest income (latest filing)?
$8.68M.