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First National Bank of Prior Lake

Prior Lake, MN · failed May 24, 1984 · FDIC certificate 24098

First National Bank of Prior Lake of Prior Lake, MN failed on May 24, 1984. It opened on October 1, 1982, 1 year before. At its last report before that it held $12.2 million in assets and $11.5 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $4.9 million on it.

Assets at the end$12.2 millionlast report before May 24, 1984
Deposits at the end$11.5 million
Estimated loss to the fund$4.9 millionFDIC
Equity to assets5.5%March 31, 1984
Loans not being repaid0.5%noncurrent, March 31, 1984
Return on assets-6.26%a year's rate, March 31, 1984
Staff13full time, March 31, 1984

On the FDIC's list: FIRST NAT BK OF PRIOR LAKE.

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Also ended in 1984

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.