First State Bank of Rollingstone
Rollingstone, MN
$15.2M
total assets, June 30, 1987
$15.2M
total assets, June 30, 1987
First State Bank of Rollingstone was a state nonmember bank in Rollingstone, MN. It failed on Sep 11, 1987, and Eastwood Bank ST Charles took over its deposits. At its last report it held $15.2 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Sep 11, 1987
- Assets
- $15.2M
- Deposits
- $14.4M
- Estimated cost
- $3.0M
- Deposits went to
- Eastwood Bank ST Charles, ST. Charles, MN
Total assets
$15.2M
+1.4% in a year · -0.1% in a quarter
Deposits
$14.4M
+5.4% in a year · +2.4% in a quarter
Loans
$9.7M
-14.4% in a year · -6.1% in a quarter
Profit so far
-$323K
Jan 1 to Jun 30, 1987 · -698.1% in a year
Capital ratio
3.86%
-3.07 pts in a year
Return on assets
-4.22%
-4.94 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Rollingstone Road And Csah 25, Rollingstone, MN, 55969
- County
- Winona
- Established
- Jan 16, 1905
- Failed
- Sep 11, 1987
- Employees
- 12
- Id
- b9768
Quarter by quarter
March 31, 1984 to June 30, 1987
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 State Bank of Rollingstone?
$15.2 million in total assets and $14.4 million in deposits as of June 30, 1987, with assets up 1.4% from a year before. Its loans were $9.66 million.
Is First State Bank of Rollingstone profitable?
No: it lost $323,000 from January 1 to June 30, 1987. Its return on assets was -4.22% a year; about 1% is typical.
When did First State Bank of Rollingstone fail?
Sep 11, 1987. Eastwood Bank ST Charles of ST. Charles, MN took over its deposits. The estimated cost of the failure was $3.04 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.