Town and Country Bank of Almelund
Almelund, MN · Owner: Martinius Corp
$25.9M
total assets, June 30, 2000
$25.9M
total assets, June 30, 2000
Town and Country Bank of Almelund was a state nonmember bank in Almelund, MN, owned by Martinius Corp. It failed on Jul 14, 2000, and S&C Bank, Minnesota took over its deposits. At its last report it held $25.9 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2000
This bank failed
- Failed on
- Jul 14, 2000
- Assets
- $25.9M
- Deposits
- $26.7M
- Estimated cost
- $1.4M
- Deposits went to
- S&C Bank, Minnesota, Almelund, MN
Total assets
$25.9M
-12.6% in a year · -14.3% in a quarter
Deposits
$26.7M
-1.7% in a year · -4.8% in a quarter
Loans
$19.2M
-14.0% in a year · -18.5% in a quarter
Profit so far
-$2.9M
Jan 1 to Jun 30, 2000 · -2128.2% in a year
Capital ratio
-3.00%
-11.40 pts in a year
Return on assets
-19.57%
-20.54 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Almelund, MN, 55002
- County
- Chisago
- Holding company
- Martinius Corp
- Established
- May 1, 1914
- Failed
- Jul 14, 2000
- Employees
- 17
- Branches
- 3
- Id
- b10985
Quarter by quarter
March 31, 1984 to June 30, 2000
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 Town and Country Bank of Almelund?
$25.9 million in total assets and $26.7 million in deposits as of June 30, 2000, with assets down 12.6% from a year before. Its loans were $19.2 million.
How many branches does Town and Country Bank of Almelund have?
3 branches in Minnesota as of June 30, 2026.
Is Town and Country Bank of Almelund profitable?
No: it lost $2.88 million from January 1 to June 30, 2000. Its return on assets was -19.57% a year; about 1% is typical.
Who owns Town and Country Bank of Almelund?
Town and Country Bank of Almelund is owned by Martinius Corp, its holding company.
When did Town and Country Bank of Almelund fail?
Jul 14, 2000. S&C Bank, Minnesota of Almelund, MN took over its deposits. The estimated cost of the failure was $1.36 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.