St. Stephen State Bank
Saint Stephen, MN · Owner: Saint Stephen Bangroup Inc
$22.9M
total assets, December 31, 2009
$22.9M
total assets, December 31, 2009
St. Stephen State Bank was a state nonmember bank in Saint Stephen, MN, owned by Saint Stephen Bangroup Inc. It failed on Jan 15, 2010, and First State Bank Of ST. Joseph took over its deposits. At its last report it held $22.9 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Jan 15, 2010
- Assets
- $22.9M
- Deposits
- $23.9M
- Estimated cost
- $7.7M
- Deposits went to
- First State Bank Of ST. Joseph, ST. Joseph, MN
Total assets
$22.9M
-30.0% in a year · -7.5% in a quarter
Deposits
$23.9M
-21.1% in a year · +2.3% in a quarter
Loans
$19.8M
-20.6% in a year · -7.9% in a quarter
Profit so far
-$3.2M
Jan 1 to Dec 31, 2009
Capital ratio
-4.98%
-10.97 pts in a year
Return on assets
-11.79%
-9.65 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2 Central Ave. So., Saint Stephen, MN, 56375
- County
- Stearns
- Holding company
- Saint Stephen Bangroup Inc
- Established
- Oct 1, 1920
- Failed
- Jan 15, 2010
- Employees
- 11
- Branches
- 2
- Id
- b17522
Quarter by quarter
March 31, 1984 to December 31, 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 St. Stephen State Bank?
$22.9 million in total assets and $23.9 million in deposits as of December 31, 2009, with assets down 30.0% from a year before. Its loans were $19.8 million.
How many branches does St. Stephen State Bank have?
2 branches in Minnesota as of June 30, 2026.
Is St. Stephen State Bank profitable?
No: it lost $3.20 million from January 1 to December 31, 2009. Its return on assets was -11.79% a year; about 1% is typical.
Who owns St. Stephen State Bank?
St. Stephen State Bank is owned by Saint Stephen Bangroup Inc, its holding company.
When did St. Stephen State Bank fail?
Jan 15, 2010. First State Bank Of ST. Joseph of ST. Joseph, MN took over its deposits. The estimated cost of the failure was $7.71 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.