The following Minnesota banks have capital levels below a key federal regulatory minimum of 8 percent.
Location Assets (000's) Total risk-based
capital ratio *
Prosperan Bank ** Oakdale $197,442 -1.2
Jennings State Bank *** Spring Grove $52,347 -0.1
St. Stephen State Bank St. Stephen $24,742 0.5
Riverview Community Bank **** Otsego $99,057 3.0
1st American State Bank of Minnesota Hancock $18,396 4.7
State Bank of Aurora Aurora $28,171 5.4
Marshall Bank Hallock $59,852 5.5
Access Bank Champlin $38,142 5.8
Community Security Bank New Prague $120,106 7.1
Community Bank Plymouth ***** Plymouth $60,805 7.3
Lake Country Community Bank Morristown $40,176 7.6
Americana Community Bank Sleepy Eye $186,009 7.7
* Total risk-based capital is a bank's total capital divided by its risk-adjusted assets.
** Prosperan Bank was closed by regulators on Nov. 6 and acquired by Alerus Financial Corp. of Grand Forks, N.D.
*** Jennings State Bank was closed by regulators on Oct. 2 and acquired by Central Bank of Stillwater.
**** Riverview Community Bank was closed by regulators on Oct. 23 and acquired by Central Bank of Stillwater.
***** Community Bank Plymouth was acquired by KleinBank of Chaska in September.
Source: Federal Deposit Insurance Corp., Foresight Analytics
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