Farmers State Bank of Round Lake
Round Lake, MN
$24.3M
total assets, March 31, 1985
$24.3M
total assets, March 31, 1985
Farmers State Bank of Round Lake was a state nonmember bank in Round Lake, MN. It failed on Aug 2, 1985, and Farmers STB Of Mountain took over its deposits. At its last report it held $23.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- Aug 2, 1985
- Assets
- $23.2M
- Deposits
- $20.9M
- Estimated cost
- $7.5M
- Deposits went to
- Farmers STB Of Mountain, Mountain Lake, MN
Total assets
$24.3M
+8.4% in a year · -3.4% in a quarter
Deposits
$21.4M
+12.1% in a year · -0.1% in a quarter
Loans
$16.6M
+4.9% in a year · -1.9% in a quarter
Profit so far
$19K
Jan 1 to Mar 31, 1985 · -84.3% in a year
Capital ratio
8.76%
-2.02 pts in a year
Return on assets
0.31%
-1.87 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Round Lake, MN, 56167
- County
- Nobles
- Established
- Jul 3, 1911
- Failed
- Aug 2, 1985
- Employees
- 15
- Id
- b10970
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Farmers State Bank of Round Lake?
$24.3 million in total assets and $21.4 million in deposits as of March 31, 1985, with assets up 8.4% from a year before. Its loans were $16.6 million.
Is Farmers State Bank of Round Lake profitable?
Yes: it earned $19,000 from January 1 to March 31, 1985 (down 84.3% from the same months a year before). Its return on assets was 0.31% a year; about 1% is typical.
When did Farmers State Bank of Round Lake fail?
Aug 2, 1985. Farmers STB Of Mountain of Mountain Lake, MN took over its deposits. The estimated cost of the failure was $7.46 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.