1st Regents Bank
Andover, MN · Owner: Alliance Bank Shares Corp
$49.6M
total assets, December 31, 2012
$49.6M
total assets, December 31, 2012
1st Regents Bank was a state nonmember bank in Andover, MN, owned by Alliance Bank Shares Corp. It failed on Jan 18, 2013, and First Minnesota Bank took over its deposits. At its last report it held $49.6 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2012
This bank failed
- Failed on
- Jan 18, 2013
- Assets
- $49.6M
- Deposits
- $49.1M
- Estimated cost
- $12.2M
- Deposits went to
- First Minnesota Bank, Minnetonka, MN
Total assets
$49.6M
-21.0% in a year · -1.2% in a quarter
Deposits
$49.1M
-15.0% in a year · 0.0% in a quarter
Loans
$35.1M
-16.3% in a year · -6.4% in a quarter
Profit so far
-$1.5M
Jan 1 to Dec 31, 2012
Capital ratio
0.57%
-2.22 pts in a year
Return on assets
-2.69%
-0.88 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1777 Bunker Lake Boulevard Nw, Andover, MN, 55304
- County
- Anoka
- Holding company
- Alliance Bank Shares Corp
- Established
- May 22, 2001
- Failed
- Jan 18, 2013
- Employees
- 11
- Branches
- 1
- Id
- b57157
Quarter by quarter
June 30, 2001 to December 31, 2012
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is 1st Regents Bank?
$49.6 million in total assets and $49.1 million in deposits as of December 31, 2012, with assets down 21.0% from a year before. Its loans were $35.1 million.
How many branches does 1st Regents Bank have?
1 branch in Minnesota as of June 30, 2026.
Is 1st Regents Bank profitable?
No: it lost $1.48 million from January 1 to December 31, 2012. Its return on assets was -2.69% a year; about 1% is typical.
Who owns 1st Regents Bank?
1st Regents Bank is owned by Alliance Bank Shares Corp, its holding company.
When did 1st Regents Bank fail?
Jan 18, 2013. First Minnesota Bank of Minnetonka, MN took over its deposits. The estimated cost of the failure was $12.2 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.