First National Bank of Prior Lake
Prior Lake, MN
$12.2M
total assets, March 31, 1984
$12.2M
total assets, March 31, 1984
First National Bank of Prior Lake was a national bank in Prior Lake, MN. It failed on May 24, 1984, and First NB Of Shakopee took over its deposits. At its last report it held $12.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1984
This bank failed
- Failed on
- May 24, 1984
- Assets
- $12.2M
- Deposits
- $11.5M
- Estimated cost
- $4.9M
- Deposits went to
- First NB Of Shakopee, Shakopee, MN
Total assets
$12.2M
vs a year before: -
Deposits
$11.5M
vs a year before: -
Loans
$10.1M
vs a year before: -
Profit so far
-$160K
Jan 1 to Mar 31, 1984
Capital ratio
6.48%
Return on assets
-6.26%
Yearly rate
Facts
- Type
- National bank
- Head office
- Brooksville Mall, Prior Lake, MN, 55372
- County
- Scott
- Established
- Oct 1, 1982
- Failed
- May 24, 1984
- Employees
- 13
- Id
- b24098
Related pages
Questions and answers
How big is First National Bank of Prior Lake?
$12.2 million in total assets and $11.5 million in deposits as of March 31, 1984. Its loans were $10.1 million.
Is First National Bank of Prior Lake profitable?
No: it lost $160,000 from January 1 to March 31, 1984. Its return on assets was -6.26% a year; about 1% is typical.
When did First National Bank of Prior Lake fail?
May 24, 1984. First NB Of Shakopee of Shakopee, MN took over its deposits. The estimated cost of the failure was $4.91 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.