Pinehurst Bank
Saint Paul, MN · Owner: Pinehurst Bcorp Inc
$61.2M
total assets, March 31, 2010
$61.2M
total assets, March 31, 2010
Pinehurst Bank was a state nonmember bank in Saint Paul, MN, owned by Pinehurst Bcorp Inc. It failed on May 21, 2010, and Coulee Bank took over its deposits. At its last report it held $61.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- May 21, 2010
- Assets
- $61.2M
- Deposits
- $58.3M
- Estimated cost
- $8.4M
- Deposits went to
- Coulee Bank, La Crosse, WI
Total assets
$61.2M
-7.8% in a year · -7.1% in a quarter
Deposits
$58.3M
+17.5% in a year · -1.0% in a quarter
Loans
$57.4M
-7.1% in a year · -2.8% in a quarter
Profit so far
-$1.2M
Jan 1 to Mar 31, 2010 · -5339.1% in a year
Capital ratio
-0.69%
-10.39 pts in a year
Return on assets
-7.59%
-7.73 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 757 Cleveland Avenue South, Saint Paul, MN, 55116
- County
- Ramsey
- Holding company
- Pinehurst Bcorp Inc
- Established
- Apr 2, 2004
- Failed
- May 21, 2010
- Employees
- 12
- Branches
- 1
- Id
- b57735
Quarter by quarter
June 30, 2004 to March 31, 2010
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 Pinehurst Bank?
$61.2 million in total assets and $58.3 million in deposits as of March 31, 2010, with assets down 7.8% from a year before. Its loans were $57.4 million.
How many branches does Pinehurst Bank have?
1 branch in Minnesota as of June 30, 2026.
Is Pinehurst Bank profitable?
No: it lost $1.21 million from January 1 to March 31, 2010. Its return on assets was -7.59% a year; about 1% is typical.
Who owns Pinehurst Bank?
Pinehurst Bank is owned by Pinehurst Bcorp Inc, its holding company.
When did Pinehurst Bank fail?
May 21, 2010. Coulee Bank of La Crosse, WI took over its deposits. The estimated cost of the failure was $8.41 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.