American Sterling Bank

Status:Inactive as of 04/17/2009
 Absorption - Assisted
Successor Bank:Central Bank of the Midwest
Headquarters:American Sterling Bank
535 South Sterling
Independence, MO 64054
Established:01/01/1934
FDIC Insurance:08/09/1989
FDIC Cert:#8266
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$166,456,000
Total Deposits:$170,946,000

History

1934-01-01Institution established: Original name:Sugar Creek National Bank
1983-10-19Changed name to Sterling National Bank
1998-12-01Changed name to American Sterling Bank, a National Association.
2001-03-01Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to OFFICE OF THRIFT SUPERVISION
2001-03-01Changed organization type to STOCK SAVINGS BANK
2001-03-01Changed name to American Sterling Bank
2001-03-01Changed institution class to OCC SUPERVISED SAVINGS BANKS
2009-04-17Moved bank headquarters from SUGAR CREEK, MO to LEES SUMMIT, MO
2009-04-17Failed. Acquired with government financial assistance and subsequently operated as part of Metcalf Bank (26247)
2012-07-20Acquired Heartland Bank (1361) in LEAWOOD, KS as part of a government assisted transaction.
2014-09-15Acquired Bank of Belton (1623) in BELTON, MO
2014-11-15Changed name to Central Bank of the Midwest (26247)
2015-01-14Acquired Douglas County Bank (17105) in LAWRENCE, KS
2019-12-07Acquired BankLiberty (30817) in LIBERTY, MO
2020-04-04Acquired Platte Valley Bank of Missouri (14869) in PLATTE CITY, MO
2021-10-01Merged into and subsequently operated as part of The Central Trust Bank (12633)

Financial Information (2009-03-31 and Older)