$21.1M
total assets, September 30, 1987
Oak Park Bank was a state member bank in Oak Park Heights, MN. It failed on Apr 29, 1988, and ST Croix Valley Bank took over its deposits. At its last report it held $21.1 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Apr 29, 1988
- Assets
- $21.1M
- Deposits
- $19.7M
- Estimated cost
- $5.9M
- Deposits went to
- ST Croix Valley Bank, Oak Park Heights, MN
Total assets
$21.1M
-4.2% in a year · +4.9% in a quarter
Deposits
$19.7M
-3.7% in a year · +6.1% in a quarter
Loans
$17.5M
-3.0% in a year · +3.8% in a quarter
Profit so far
-$20K
Jan 1 to Sep 30, 1987 · -106.9% in a year
Capital ratio
6.08%
-0.26 pts in a year
Return on assets
-0.13%
-2.08 pts in a year
Facts
- Type
- State member bank
- Head office
- 5995 Oren Avenue North, Oak Park Heights, MN, 55082
- County
- Washington
- Established
- Oct 7, 1974
- Failed
- Apr 29, 1988
- Employees
- 18
- Id
- b21787
Quarter by quarter
March 31, 1984 to September 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 Oak Park Bank?
$21.1 million in total assets and $19.7 million in deposits as of September 30, 1987, with assets down 4.2% from a year before. Its loans were $17.5 million.
Is Oak Park Bank profitable?
No: it lost $20,000 from January 1 to September 30, 1987. Its return on assets was -0.13% a year; about 1% is typical.
When did Oak Park Bank fail?
Apr 29, 1988. ST Croix Valley Bank of Oak Park Heights, MN took over its deposits. The estimated cost of the failure was $5.90 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.