Northern Star Bank
Mankato, MN · Owner: Northern Star Financial Inc
$18.8M
total assets, September 30, 2014
$18.8M
total assets, September 30, 2014
Northern Star Bank was a state nonmember bank in Mankato, MN, owned by Northern Star Financial Inc. It failed on Dec 19, 2014, and Bankvista took over its deposits. At its last report it held $18.8 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2014
This bank failed
- Failed on
- Dec 19, 2014
- Assets
- $18.8M
- Deposits
- $18.2M
- Estimated cost
- $3.9M
- Deposits went to
- Bankvista, Sartell, MN
Total assets
$18.8M
-19.3% in a year · -8.0% in a quarter
Deposits
$18.2M
-19.5% in a year · -8.2% in a quarter
Loans
$12.4M
-21.3% in a year · -7.5% in a quarter
Profit so far
-$110K
Jan 1 to Sep 30, 2014
Capital ratio
2.44%
+0.03 pts in a year
Return on assets
-0.73%
+2.07 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1650 Madison Avenue, Mankato, MN, 56001
- County
- Blue Earth
- Holding company
- Northern Star Financial Inc
- Established
- Jan 25, 1999
- Failed
- Dec 19, 2014
- Employees
- 7
- Branches
- 2
- Id
- b34983
Quarter by quarter
March 31, 1999 to September 30, 2014
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 Northern Star Bank?
$18.8 million in total assets and $18.2 million in deposits as of September 30, 2014, with assets down 19.3% from a year before. Its loans were $12.4 million.
How many branches does Northern Star Bank have?
2 branches in Minnesota as of June 30, 2026.
Is Northern Star Bank profitable?
No: it lost $110,000 from January 1 to September 30, 2014. Its return on assets was -0.73% a year; about 1% is typical.
Who owns Northern Star Bank?
Northern Star Bank is owned by Northern Star Financial Inc, its holding company.
When did Northern Star Bank fail?
Dec 19, 2014. Bankvista of Sartell, MN took over its deposits. The estimated cost of the failure was $3.95 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.