Minnesota – Chisago – Wyoming
(NM) Commercial bank, state charter and Fed nonmember
inactive
www.theriverbank.com
Minnesota
Chisago
Wyoming
(NM) Commercial bank, state charter and Fed nonmember
inactive
10216
1908
FDIC Certificate Number: 10216
FDIC's unique number: 6553
The FDIC Field Office where an institution is physically located: Minneapolis
Federal Reserve ID Number: 30258
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 6
Number of Foreign Offices: 0
The date of the last data update: 2011-10-11
1908-03-09 Institution established. Original name: Chisago State Bank.
1999-10-01 Changed name to The Riverbank .
2006-06-19 Moved bank headquarters from Chisago City, Minnesota to Wyoming, Minnesota.
2007-02-17 Acquired Riverbank in Osceola, Wisconsin.
2011-10-07 Merged with government financial assistance and subsequently operated as part of Central Bank in Stillwater, Minnesota.
2011-10-07 FDIC closing information for
The Riverbank : http://www.fdic.gov/bank/individual/failed/riverbank.html.
Total assets: $417,417,000
Total deposits: $379,333,000
Deposits held in domestic offices: $379,333,000
Equity capital: $7,096,000
Net income: $-8,134,000
Return on Assets: -3.81
Return on Equity: -142.54
Last updated on: 2011-10-20
Bank Holding Company: Osceola Bancorporation, Inc.
No affiliations
No associations
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Profile ID: LFUS-BAB-P-12277