Patriot Bank Minnesota
Forest Lake, MN · Owner: Lino Lakes Banc Shares Inc
$105M
total assets, December 31, 2011
$105M
total assets, December 31, 2011
Patriot Bank Minnesota was a state nonmember bank in Forest Lake, MN, owned by Lino Lakes Banc Shares Inc. It failed on Jan 27, 2012, and First Resource Bank took over its deposits. At its last report it held $105.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2011
This bank failed
- Failed on
- Jan 27, 2012
- Assets
- $105M
- Deposits
- $103M
- Estimated cost
- $35.3M
- Deposits went to
- First Resource Bank, Savage, MN
Total assets
$105M
-13.4% in a year · -5.7% in a quarter
Deposits
$103M
-9.1% in a year · -5.1% in a quarter
Loans
$76.3M
-20.9% in a year · -4.4% in a quarter
Profit so far
-$5.7M
Jan 1 to Dec 31, 2011
Capital ratio
1.30%
-4.20 pts in a year
Return on assets
-5.03%
+0.50 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 19810 Headwaters Boulevard, Forest Lake, MN, 55025
- County
- Washington
- Holding company
- Lino Lakes Banc Shares Inc
- Established
- Jul 20, 1998
- Failed
- Jan 27, 2012
- Employees
- 28
- Branches
- 3
- Id
- b34823
Quarter by quarter
September 30, 1998 to December 31, 2011
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 Patriot Bank Minnesota?
$105.0 million in total assets and $102.8 million in deposits as of December 31, 2011, with assets down 13.4% from a year before. Its loans were $76.3 million.
How many branches does Patriot Bank Minnesota have?
3 branches in Minnesota as of June 30, 2026.
Is Patriot Bank Minnesota profitable?
No: it lost $5.70 million from January 1 to December 31, 2011. Its return on assets was -5.03% a year; about 1% is typical.
Who owns Patriot Bank Minnesota?
Patriot Bank Minnesota is owned by Lino Lakes Banc Shares Inc, its holding company.
When did Patriot Bank Minnesota fail?
Jan 27, 2012. First Resource Bank of Savage, MN took over its deposits. The estimated cost of the failure was $35.3 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.