The RiverBank
Wyoming, MN · Owner: Osceola Bcorp Inc
$420M
total assets, September 30, 2011
$420M
total assets, September 30, 2011
The RiverBank was a state nonmember bank in Wyoming, MN, owned by Osceola Bcorp Inc. It failed on Oct 7, 2011, and Central Bank took over its deposits. At its last report it held $419.7 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2011
This bank failed
- Failed on
- Oct 7, 2011
- Assets
- $420M
- Deposits
- $384M
- Estimated cost
- $71.2M
- Deposits went to
- Central Bank, Stillwater, MN
Total assets
$420M
-8.1% in a year · +0.6% in a quarter
Deposits
$384M
-4.2% in a year · +1.3% in a quarter
Loans
$295M
-11.0% in a year · -3.4% in a quarter
Profit so far
-$10.4M
Jan 1 to Sep 30, 2011
Capital ratio
0.81%
-4.05 pts in a year
Return on assets
-3.27%
-1.56 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 26777 Fallbrook Avenue, Wyoming, MN, 55092
- County
- Chisago
- Holding company
- Osceola Bcorp Inc
- Established
- Mar 9, 1908
- Failed
- Oct 7, 2011
- Employees
- 112
- Branches
- 6 in 2 states
- Id
- b10216
Quarter by quarter
March 31, 1984 to September 30, 2011
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 The RiverBank?
$419.7 million in total assets and $384.1 million in deposits as of September 30, 2011, with assets down 8.1% from a year before. Its loans were $294.5 million.
How many branches does The RiverBank have?
6 branches in 2 states as of June 30, 2026.
Is The RiverBank profitable?
No: it lost $10.4 million from January 1 to September 30, 2011. Its return on assets was -3.27% a year; about 1% is typical.
Who owns The RiverBank?
The RiverBank is owned by Osceola Bcorp Inc, its holding company.
When did The RiverBank fail?
Oct 7, 2011. Central Bank of Stillwater, MN took over its deposits. The estimated cost of the failure was $71.2 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.