State Bank of Frost
Frost, MN · Owner: Frost Bcorp Inc
$7.7M
total assets, September 30, 1985
$7.7M
total assets, September 30, 1985
State Bank of Frost was a state nonmember bank in Frost, MN, owned by Frost Bcorp Inc. It failed on Dec 20, 1985, and Frost State Bank took over its deposits. At its last report it held $7.74 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1985
This bank failed
- Failed on
- Dec 20, 1985
- Assets
- $7.7M
- Deposits
- $6.6M
- Estimated cost
- $2.0M
- Deposits went to
- Frost State Bank, Frost, MN
Total assets
$7.7M
-8.3% in a year · 0.0% in a quarter
Deposits
$6.6M
-10.2% in a year · 0.0% in a quarter
Loans
$5.4M
-7.6% in a year · 0.0% in a quarter
Profit so far
-$229K
Jan 1 to Sep 30, 1985 · -427.1% in a year
Capital ratio
6.72%
-1.93 pts in a year
Return on assets
-3.66%
-4.74 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Frost, MN, 56033
- County
- Faribault
- Holding company
- Frost Bcorp Inc
- Established
- Jan 1, 1800
- Failed
- Dec 20, 1985
- Employees
- 7
- Id
- b1917
Quarter by quarter
March 31, 1984 to September 30, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 7
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is State Bank of Frost?
$7.74 million in total assets and $6.60 million in deposits as of September 30, 1985, with assets down 8.3% from a year before. Its loans were $5.38 million.
Is State Bank of Frost profitable?
No: it lost $229,000 from January 1 to September 30, 1985. Its return on assets was -3.66% a year; about 1% is typical.
Who owns State Bank of Frost?
State Bank of Frost is owned by Frost Bcorp Inc, its holding company.
When did State Bank of Frost fail?
Dec 20, 1985. Frost State Bank of Frost, MN took over its deposits. The estimated cost of the failure was $2.03 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.