The Graveyard › Banks › 2013
1st Regents Bank
Andover, MN · failed January 18, 2013 · FDIC certificate 57157
1st Regents Bank of Andover, MN failed on January 18, 2013. It opened on May 22, 2001, 11 years before. At its last report before that it held $49.6 million in assets and $49.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2009, it held $90.9 million. The FDIC estimates that the Deposit Insurance Fund lost $12.2 million on it.
2001-062012-12
Assets at the end$49.6 millionlast report before January 18, 2013
Deposits at the end$49.1 million
Estimated loss to the fund$12.2 millionDIF
Largest in the quarterly reports$90.9 millionDecember 31, 2009
Equity to assets0.7%December 31, 2012
Loans not being repaid13.4%noncurrent, December 31, 2012
Return on assets-2.69%a year's rate, December 31, 2012
Staff11full time, December 31, 2012
Also ended in 2013
- First National Bank · Edinburg, TX · $3.1 billion in assets
- Mountain National Bank · Sevierville, TN · $437.3 million in assets
- Community South Bank · Parsons, TN · $386.9 million in assets
- Douglas County Bank · Douglasville, GA · $317.3 million in assets
- Frontier Bank · Lagrange, GA · $258.8 million in assets
- First Community Bank of Southwest Florida · Fort Myers, FL · $247.3 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.