Data / Bank failures / 2010 / State Bank of Aurora
State Bank of Aurora, Aurora, MN: failed March 19, 2010
State Bank of Aurora in Aurora, Minnesota, failed on March 19, 2010. Northern State Bank of Ashland, WI, took over its deposits. It held $28.2 million in assets and $27.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $7 million (24.9% of its assets). By assets it was the 151st largest of 157 banks closed or assisted in 2010.
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The FDIC's record
- Closed
- March 19, 2010
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Northern State Bank, Ashland, WI
- Total assets
- $28,159,000
- Total deposits
- $27,801,000
- Estimated cost to the FDIC
- $7,025,521 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 8221
Other bank failures in Minnesota, 2008 to 2012
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| 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 |
| Community National Bank | Lino Lakes | December 17, 2010 | $31.6 million | $28.8 million | $5.8 million | Farmers & Merchants Savings Bank |
| Community Security Bank | New Prague | July 23, 2010 | $100.6 million | $95.1 million | $18.5 million | Roundbank |
All bank failures in 2010 · All bank failures in Minnesota · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. 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.