First Integrity Bank, National Association
Staples, MN · Owner: First Integrity Bcorp
$52.9M
total assets, March 31, 2008
$52.9M
total assets, March 31, 2008
First Integrity Bank, National Association was a national bank in Staples, MN, owned by First Integrity Bcorp. It failed on May 30, 2008, and First International Bank And Trust took over its deposits. At its last report it held $52.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2008
This bank failed
- Failed on
- May 30, 2008
- Assets
- $52.9M
- Deposits
- $50.2M
- Estimated cost
- $10.3M
- Deposits went to
- First International Bank And Trust, Watford, ND
Total assets
$52.9M
+2.8% in a year · -3.8% in a quarter
Deposits
$50.2M
+15.2% in a year · +0.9% in a quarter
Loans
$35.4M
-0.2% in a year · -10.5% in a quarter
Profit so far
-$2.6M
Jan 1 to Mar 31, 2008
Capital ratio
-0.29%
-12.87 pts in a year
Return on assets
-18.96%
-18.02 pts in a year
Facts
- Type
- National bank
- Head office
- 111 N.E. Fourth Street, Staples, MN, 56479
- County
- Todd
- Holding company
- First Integrity Bcorp
- Established
- Jan 20, 1920
- Failed
- May 30, 2008
- Employees
- 32
- Branches
- 2
- Id
- b12736
Quarter by quarter
March 31, 1984 to March 31, 2008
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 First Integrity Bank, National Association?
$52.9 million in total assets and $50.2 million in deposits as of March 31, 2008, with assets up 2.8% from a year before. Its loans were $35.4 million.
How many branches does First Integrity Bank, National Association have?
2 branches in Minnesota as of June 30, 2026.
Is First Integrity Bank, National Association profitable?
No: it lost $2.56 million from January 1 to March 31, 2008. Its return on assets was -18.96% a year; about 1% is typical.
Who owns First Integrity Bank, National Association?
First Integrity Bank, National Association is owned by First Integrity Bcorp, its holding company.
When did First Integrity Bank, National Association fail?
May 30, 2008. First International Bank And Trust of Watford, ND took over its deposits. The estimated cost of the failure was $10.3 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.