Riverview Community Bank
Otsego, MN · Owner: American Eagle Financial Corp
$99.1M
total assets, September 30, 2009
$99.1M
total assets, September 30, 2009
Riverview Community Bank was a state nonmember bank in Otsego, MN, owned by American Eagle Financial Corp. It failed on Oct 23, 2009, and Central Bank took over its deposits. At its last report it held $99.1 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2009
This bank failed
- Failed on
- Oct 23, 2009
- Assets
- $99.1M
- Deposits
- $75.0M
- Estimated cost
- $23.5M
- Deposits went to
- Central Bank, Stillwater, MN
Total assets
$99.1M
-24.8% in a year · -11.3% in a quarter
Deposits
$75.0M
-31.5% in a year · -11.6% in a quarter
Loans
$66.8M
-38.0% in a year · -5.8% in a quarter
Profit so far
-$4.2M
Jan 1 to Sep 30, 2009
Capital ratio
1.18%
-5.23 pts in a year
Return on assets
-4.87%
-1.20 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 9040 Quaday Avenue Ne, Suite 100, Otsego, MN, 55330
- County
- Wright
- Holding company
- American Eagle Financial Corp
- Established
- Mar 17, 2003
- Failed
- Oct 23, 2009
- Employees
- 21
- Branches
- 2
- Id
- b57525
Quarter by quarter
March 31, 2003 to September 30, 2009
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 Riverview Community Bank?
$99.1 million in total assets and $75.0 million in deposits as of September 30, 2009, with assets down 24.8% from a year before. Its loans were $66.8 million.
How many branches does Riverview Community Bank have?
2 branches in Minnesota as of June 30, 2026.
Is Riverview Community Bank profitable?
No: it lost $4.22 million from January 1 to September 30, 2009. Its return on assets was -4.87% a year; about 1% is typical.
Who owns Riverview Community Bank?
Riverview Community Bank is owned by American Eagle Financial Corp, its holding company.
When did Riverview Community Bank fail?
Oct 23, 2009. Central Bank of Stillwater, MN took over its deposits. The estimated cost of the failure was $23.5 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.