Todd County State Bank
Long Prairie, MN
$15.4M
total assets, March 31, 1987
$15.4M
total assets, March 31, 1987
Todd County State Bank was a state nonmember bank in Long Prairie, MN. It failed on May 14, 1987, and First NB Of Long Prairie took over its deposits. At its last report it held $15.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1987
This bank failed
- Failed on
- May 14, 1987
- Assets
- $15.4M
- Deposits
- $15.2M
- Estimated cost
- $2.4M
- Deposits went to
- First NB Of Long Prairie, Long Prairie, MN
Total assets
$15.4M
-4.4% in a year · +1.4% in a quarter
Deposits
$15.2M
+1.3% in a year · +3.3% in a quarter
Loans
$7.7M
-27.4% in a year · -8.0% in a quarter
Profit so far
-$225K
Jan 1 to Mar 31, 1987
Capital ratio
0.65%
-5.38 pts in a year
Return on assets
-5.88%
-5.81 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 880 Commerce Road, Long Prairie, MN, 56347
- County
- Todd
- Established
- Jan 1, 1934
- Failed
- May 14, 1987
- Employees
- 12
- Id
- b16684
Quarter by quarter
March 31, 1984 to March 31, 1987
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 Todd County State Bank?
$15.4 million in total assets and $15.2 million in deposits as of March 31, 1987, with assets down 4.4% from a year before. Its loans were $7.74 million.
Is Todd County State Bank profitable?
No: it lost $225,000 from January 1 to March 31, 1987. Its return on assets was -5.88% a year; about 1% is typical.
When did Todd County State Bank fail?
May 14, 1987. First NB Of Long Prairie of Long Prairie, MN took over its deposits. The estimated cost of the failure was $2.36 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.