U.S. Bank executive Terry Dolan, the Hennepin County Medical Examiner confirmed, died Saturday when his small plane crashed into a home near Minneapolis.

The NTSB told USA TODAY current evidence indicates "only one person was onboard" the plane at the time of the crash.

A small plane crashed into a Minnesota home over the weekend, with U.S. Bank reportedly on Sunday stating its vice chair was on board.

A spokesperson for U.S. Bank told PEOPLE in a statement on Monday, March 31, that they ‘believe’ their vice chair and chief administration officer Terry Dolan was on board the small plane that crashed into a home in Minnesota the day before.

A small plane crashed into a home in Brooklyn Park, Minnesota, on Saturday afternoon, killing all on board and causing a fire, officials said. It was not immediately clear how many people were on board, Brooklyn Park Fire Chief Shawn Conway said at a news conference Saturday. Officials said they are still investigating the cause of the crash.

Authorities were responding to a airplane that crashed into a house and caused a large fire in Brooklyn Park, Minnesota, on Saturday. Several local residents watching as flames engulfed the house on Kyle Avenue North,

There were no survivors on the plane, and it wasn't clear how many people were aboard, the Brooklyn Park fire chief said.

The SOCATA TBM7 plane crashed in Brooklyn Park around 12:20 ... according to the company's website. Minnesota Gov. Tim Walz said in a social media post he was closely monitoring the situation ...