# STATE BANK OF FROST

> **Failed bank** · FROST, MN · failed 1985-12-20 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

STATE BANK OF FROST of FROST, MN was closed by regulators on **1985-12-20**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FROST STATE BANK** (FROST, MN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1123
- **FDIC Certificate:** 1917
- **FDIC FIN:** 2525
- **Bank name:** STATE BANK OF FROST
- **Location:** FROST, MN
- **Failure date:** 1985-12-20
- **FDIC resolution date:** 1985-12-20
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $7M
- **Assets at failure:** $8M
- **Acquiring bank:** FROST STATE BANK (FROST, MN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=STATE%20BANK%20OF%20FROST

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, STATE BANK OF FROST (FDIC ID 1123), failed 1985-12-20. Retrieved via AI Analytics 2026-07-17 from https://api.ai-analytics.org/failed-bank/1123.

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