Copper Star Bank
Scottsdale, AZ · Owner: Star Bcorp
$204M
total assets, September 30, 2010
$204M
total assets, September 30, 2010
Copper Star Bank was a state nonmember bank in Scottsdale, AZ, owned by Star Bcorp. It failed on Nov 12, 2010, and Stearns Bank, National Association took over its deposits. At its last report it held $204.0 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2010
This bank failed
- Failed on
- Nov 12, 2010
- Assets
- $204M
- Deposits
- $190M
- Estimated cost
- $52.6M
- Deposits went to
- Stearns Bank, National Association, ST. Cloud, MN
Total assets
$204M
-17.6% in a year · -0.2% in a quarter
Deposits
$190M
-8.6% in a year · +1.5% in a quarter
Loans
$137M
-27.7% in a year · -13.2% in a quarter
Profit so far
-$17.8M
Jan 1 to Sep 30, 2010
Capital ratio
-1.17%
-7.55 pts in a year
Return on assets
-10.94%
-8.31 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 7555 East Redfield Road, Scottsdale, AZ, 85260
- County
- Maricopa
- Holding company
- Star Bcorp
- Established
- May 22, 2000
- Failed
- Nov 12, 2010
- Employees
- 48
- Branches
- 3
- Id
- b35463
Quarter by quarter
June 30, 2000 to September 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 Copper Star Bank?
$204.0 million in total assets and $190.2 million in deposits as of September 30, 2010, with assets down 17.6% from a year before. Its loans were $137.5 million.
How many branches does Copper Star Bank have?
3 branches in Arizona as of June 30, 2026.
Is Copper Star Bank profitable?
No: it lost $17.8 million from January 1 to September 30, 2010. Its return on assets was -10.94% a year; about 1% is typical.
Who owns Copper Star Bank?
Copper Star Bank is owned by Star Bcorp, its holding company.
When did Copper Star Bank fail?
Nov 12, 2010. Stearns Bank, National Association of ST. Cloud, MN took over its deposits. The estimated cost of the failure was $52.6 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.