United Bank of Minneapolis
Minneapolis, KS · Owner: United Bankshares Minneapolis
$22.7M
total assets, June 30, 1986
$22.7M
total assets, June 30, 1986
United Bank of Minneapolis was a state nonmember bank in Minneapolis, KS, owned by United Bankshares Minneapolis. It failed on Aug 21, 1986, and Bennington State Bank took over its deposits. At its last report it held $22.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1986
This bank failed
- Failed on
- Aug 21, 1986
- Assets
- $22.7M
- Deposits
- $22.1M
- Estimated cost
- $2.4M
- Deposits went to
- Bennington State Bank, Salina, KS
Total assets
$22.7M
-7.5% in a year · -2.1% in a quarter
Deposits
$22.1M
-2.2% in a year · +0.1% in a quarter
Loans
$12.5M
-14.2% in a year · -3.6% in a quarter
Profit so far
-$856K
Jan 1 to Jun 30, 1986
Capital ratio
1.23%
-3.75 pts in a year
Return on assets
-7.18%
-4.54 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Minneapolis, KS, 67467
- County
- Ottawa
- Holding company
- United Bankshares Minneapolis
- Established
- Jan 1, 1880
- Failed
- Aug 21, 1986
- Employees
- 17
- Id
- b9662
Quarter by quarter
March 31, 1984 to June 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 10
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is United Bank of Minneapolis?
$22.7 million in total assets and $22.1 million in deposits as of June 30, 1986, with assets down 7.5% from a year before. Its loans were $12.5 million.
Is United Bank of Minneapolis profitable?
No: it lost $856,000 from January 1 to June 30, 1986. Its return on assets was -7.18% a year; about 1% is typical.
Who owns United Bank of Minneapolis?
United Bank of Minneapolis is owned by United Bankshares Minneapolis, its holding company.
When did United Bank of Minneapolis fail?
Aug 21, 1986. Bennington State Bank of Salina, KS 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.