A U.S. Bank executive is believed to be among those killed in a plane crash in Minnesota that left no survivors.

The small plane, registered to Terry Dolan—U.S. Bank’s vice chair and chief administration officer—took off from Des Moines International Airport in Iowa and was headed to Anoka County-Blaine Airport in Minneapolis when it crashed on Saturday, according to CBS News. The plane went down in a residential area in Brooklyn Park, hitting a home.

Brooklyn Park Fire Chief Shawn Conway said it’s unclear how many people were on board, but confirmed there were no survivors, NBC News reported.

The U.S. Bank released a statement on Monday, March 31, saying they couldn’t confirm if Dolan was on the plane but “believe he was.”

“We are aware that the plane that crashed in Brooklyn Park on Saturday afternoon was registered to Terry Dolan, our vice chair and chief administration officer. At this time, the medical examiner’s office has not been able to confirm whether he was on board, but we believe he was,” the statement said per PEOPLE.

“Our thoughts and prayers are with him, his family and friends, and anyone who may have been affected by yesterday’s tragic incident. We are grateful that there were not any injuries to residents of the home that was impacted by the crash, and we thank all the first responders who have provided service.”

The Brooklyn Park Fire Department responded around 12:22 p.m. on Saturday after reports of a plane crash and a house fire.

Two people lived in the home, but only one was there at the time. That person was able to escape safely and was not hurt, according to NBC News. The plane was a single-engine SOCATA TBM7.

A senior government official told NBC News the plane’s tail number matched records showing it was registered to a business linked to Terry Dolan. Federal and state records confirmed Dolan was responsible for the business.

The Hennepin County Medical Examiner has not officially identified the pilot. The NTSB is still reviewing the plane’s flight path, CBS News reported.

According to the U.S. Bank’s website, Terry Dolan was the vice chair and chief administration officer of the U.S. Bancorp,  he oversaw strategy, marketing, digital growth, and more. He previously served in several senior roles, including CFO and head of Wealth Management. Known for leading U.S. Bank’s digital and community development efforts, Dolan also supported affordable housing and renewable energy initiatives. He was active in the community, and he served on multiple nonprofit boards. He had a bachelor’s degree from the University of St. Thomas.