The Graveyard › Banks › 2010
State Bank of Aurora
Aurora, MN · failed March 19, 2010 · FDIC certificate 8221
State Bank of Aurora of Aurora, MN failed on March 19, 2010. It opened in 1906, 104 years before. At its last report before that it held $28.2 million in assets and $27.8 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2008, it held $34.2 million. The FDIC estimates that the Deposit Insurance Fund lost $7.0 million on it.
1984-032009-12
Assets at the end$28.2 millionlast report before March 19, 2010
Deposits at the end$27.8 million
Estimated loss to the fund$7.0 millionDIF
Largest in the quarterly reports$34.2 millionSeptember 30, 2008
Equity to assets1.2%December 31, 2009
Loans not being repaid16.4%noncurrent, December 31, 2009
Return on assets-6.56%a year's rate, December 31, 2009
Staff9full time, December 31, 2009
Also ended in 2010
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- R-G Premier Bank of Puerto Rico · Hato Rey, PR · $5.7 billion in assets
- La Jolla Bank, FSB · La Jolla, CA · $3.6 billion in assets
- Riverside National Bank of Florida · Fort Pierce, FL · $3.4 billion in assets
- Frontier Bank · Everett, WA · $3.3 billion in assets
- Midwest Bank and Trust Company · Elmwood Park, IL · $3.2 billion 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.