Data / Bank failures / 2013 / 1ST Regents Bank
1ST Regents Bank, Andover, MN: failed January 18, 2013
1ST Regents Bank in Andover, Minnesota, failed on January 18, 2013. First Minnesota Bank of Minnetonka, MN, took over its deposits. It held $49.6 million in assets and $49.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $12.2 million (24.6% of its assets). By assets it was the 16th largest of 24 banks closed or assisted in 2013.
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The FDIC's record
- Closed
- January 18, 2013
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- First Minnesota Bank, Minnetonka, MN
- Total assets
- $49,626,000
- Total deposits
- $49,147,000
- Estimated cost to the FDIC
- $12,229,409 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 57157
Other bank failures in Minnesota, 2011 to 2015
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Northern Star Bank | Mankato | December 19, 2014 | $18.8 million | $18.2 million | $3.9 million | Bankvista |
| First Commercial Bank | Bloomington | September 7, 2012 | $215.9 million | $206.8 million | $65.2 million | Republic Bank & Trust Company |
| Inter Savings Bank, FSB D/b/a/ Interbank, FSB | Maple Grove | April 27, 2012 | $463.8 million | $458.1 million | $79.7 million | Great Southern Bank |
| Home Savings of America | Little Falls | February 24, 2012 | $434.1 million | $432.2 million | $43 million | |
| Patriot Bank Minnesota | Forest Lake | January 27, 2012 | $105 million | $102.8 million | $35.3 million | First Resource Bank |
| The Riverbank | Wyoming | October 7, 2011 | $419.7 million | $384.1 million | $71.2 million | Central Bank |
| Rosemount National Bank | Rosemount | April 15, 2011 | $21.5 million | $21 million | $5.4 million | Central Bank |
All bank failures in 2013 · All bank failures in Minnesota · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.