# 1ST REGENTS BANK

> **Failed bank** · ANDOVER, MN · failed 2013-01-18 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $12M

## What happened

1ST REGENTS BANK of ANDOVER, MN was closed by regulators on **2013-01-18**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST MINNESOTA BANK** (MINNETONKA, MN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4035
- **FDIC Certificate:** 57157
- **FDIC FIN:** 10469
- **Bank name:** 1ST REGENTS BANK
- **Location:** ANDOVER, MN
- **Failure date:** 2013-01-18
- **FDIC resolution date:** 2013-01-18
- **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:** $12M
- **Deposits at failure:** $49M
- **Assets at failure:** $50M
- **Acquiring bank:** FIRST MINNESOTA BANK (MINNETONKA, MN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=1ST%20REGENTS%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, 1ST REGENTS BANK (FDIC ID 4035), failed 2013-01-18. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/4035.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*