State Bank of Aurora
Aurora, MN · Owner: Aurora Holding Co the
$28.2M
total assets, December 31, 2009
$28.2M
total assets, December 31, 2009
State Bank of Aurora was a state nonmember bank in Aurora, MN, owned by Aurora Holding Co the. It failed on Mar 19, 2010, and Northern State Bank took over its deposits. At its last report it held $28.2 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Mar 19, 2010
- Assets
- $28.2M
- Deposits
- $27.8M
- Estimated cost
- $7.0M
- Deposits went to
- Northern State Bank, Ashland, WI
Total assets
$28.2M
-11.7% in a year · 0.0% in a quarter
Deposits
$27.8M
-5.9% in a year · +1.9% in a quarter
Loans
$20.7M
-22.3% in a year · -10.7% in a quarter
Profit so far
-$2.0M
Jan 1 to Dec 31, 2009
Capital ratio
1.04%
-5.98 pts in a year
Return on assets
-6.56%
-5.87 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 213 North Main Street, Aurora, MN, 55705
- County
- St. Louis
- Holding company
- Aurora Holding Co the
- Established
- Jan 1, 1906
- Failed
- Mar 19, 2010
- Employees
- 9
- Branches
- 1
- Id
- b8221
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 State Bank of Aurora?
$28.2 million in total assets and $27.8 million in deposits as of December 31, 2009, with assets down 11.7% from a year before. Its loans were $20.7 million.
How many branches does State Bank of Aurora have?
1 branch in Minnesota as of June 30, 2026.
Is State Bank of Aurora profitable?
No: it lost $1.96 million from January 1 to December 31, 2009. Its return on assets was -6.56% a year; about 1% is typical.
Who owns State Bank of Aurora?
State Bank of Aurora is owned by Aurora Holding Co the, its holding company.
When did State Bank of Aurora fail?
Mar 19, 2010. Northern State Bank of Ashland, WI took over its deposits. The estimated cost of the failure was $7.03 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.