1st American State Bank of Minnesota
| Status: | Inactive as of 02/05/2010 |
| Absorption - Assisted | |
| Successor Bank: | Community Development Bank, FSB |
| Headquarters: | 1st American State Bank of Minnesota Main Street Hancock, MN 56244 |
| Established: | 01/01/1936 |
| FDIC Insurance: | 12/12/1936 |
| FDIC Cert: | #15448 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $18,155,000 |
| Total Deposits: | $16,327,000 |
History
| 1936-01-01 | Institution established: Original name:Hancock State Bank | |
| 1994-09-01 | Changed name to 1st American State Bank of Minnesota | |
| 2010-02-05 | Failed. Acquired with government financial assistance and subsequently operated as part of Community Development Bank, FSB (10568) | |
| 2011-07-21 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY |