Clay County State Bank
Dilworth, MN · Owner: Oppegard Agency Inc
$10.1M
total assets, June 30, 1987
$10.1M
total assets, June 30, 1987
Clay County State Bank was a state nonmember bank in Dilworth, MN, owned by Oppegard Agency Inc. It failed on Oct 1, 1987, and Northwestern STB Of Ulen took over its deposits. At its last report it held $10.1 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Oct 1, 1987
- Assets
- $10.1M
- Deposits
- $9.9M
- Estimated cost
- $1.1M
- Deposits went to
- Northwestern STB Of Ulen, Ulen, MN
Total assets
$10.1M
-11.7% in a year · -4.3% in a quarter
Deposits
$9.9M
-11.3% in a year · -3.6% in a quarter
Loans
$5.7M
-20.1% in a year · +1.3% in a quarter
Profit so far
-$126K
Jan 1 to Jun 30, 1987
Capital ratio
-1.30%
-1.19 pts in a year
Return on assets
-2.41%
+1.49 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 4 North Main Street, Dilworth, MN, 56529
- County
- Clay
- Holding company
- Oppegard Agency Inc
- Established
- Aug 26, 1963
- Failed
- Oct 1, 1987
- Employees
- 12
- Id
- b18867
Quarter by quarter
March 31, 1984 to June 30, 1987
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 Clay County State Bank?
$10.1 million in total assets and $9.85 million in deposits as of June 30, 1987, with assets down 11.7% from a year before. Its loans were $5.71 million.
Is Clay County State Bank profitable?
No: it lost $126,000 from January 1 to June 30, 1987. Its return on assets was -2.41% a year; about 1% is typical.
Who owns Clay County State Bank?
Clay County State Bank is owned by Oppegard Agency Inc, its holding company.
When did Clay County State Bank fail?
Oct 1, 1987. Northwestern STB Of Ulen of Ulen, MN took over its deposits. The estimated cost of the failure was $1.10 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.