Community Security Bank
New Prague, MN · Owner: New Prague Bancshares Inc
$101M
total assets, June 30, 2010
$101M
total assets, June 30, 2010
Community Security Bank was a state nonmember bank in New Prague, MN, owned by New Prague Bancshares Inc. It failed on Jul 23, 2010, and Roundbank took over its deposits. At its last report it held $100.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Jul 23, 2010
- Assets
- $101M
- Deposits
- $95.1M
- Estimated cost
- $18.5M
- Deposits went to
- Roundbank, Waseca, MN
Total assets
$101M
-17.2% in a year · -6.8% in a quarter
Deposits
$95.1M
-9.9% in a year · -4.6% in a quarter
Loans
$74.1M
-27.2% in a year · -11.1% in a quarter
Profit so far
-$7.4M
Jan 1 to Jun 30, 2010
Capital ratio
-0.57%
-7.56 pts in a year
Return on assets
-13.71%
-12.42 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1100 1st Street, N.E., New Prague, MN, 56071
- County
- Scott
- Holding company
- New Prague Bancshares Inc
- Established
- Nov 10, 1997
- Failed
- Jul 23, 2010
- Employees
- 23
- Branches
- 1
- Id
- b34486
Quarter by quarter
December 31, 1997 to June 30, 2010
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 Community Security Bank?
$100.6 million in total assets and $95.1 million in deposits as of June 30, 2010, with assets down 17.2% from a year before. Its loans were $74.1 million.
How many branches does Community Security Bank have?
1 branch in Minnesota as of June 30, 2026.
Is Community Security Bank profitable?
No: it lost $7.37 million from January 1 to June 30, 2010. Its return on assets was -13.71% a year; about 1% is typical.
Who owns Community Security Bank?
Community Security Bank is owned by New Prague Bancshares Inc, its holding company.
When did Community Security Bank fail?
Jul 23, 2010. Roundbank of Waseca, MN took over its deposits. The estimated cost of the failure was $18.5 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.