Farmers-Merchants National Bank of Paxton

Status:Inactive as of 10/01/2018
 Absorption - Without Assistance
Successor Bank:Farmers-Merchants Bank of Illinois
Headquarters:Farmers-Merchants National Bank of Paxton
101 North Taft Street
Paxton, IL 60957
Established:03/26/1914
FDIC Insurance:01/01/1934
FDIC Cert:#12104
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$109,874,000
Total Deposits:$95,673,000

History

1914-03-26Institution established: Original name:Farmers-Merchants National Bank of Paxton
1985-10-31Reorganized.
1991-01-01Acquired Melvin State Bank (11735) in MELVIN, IL
2018-10-01Merged into and subsequently operated as part of Joy State Bank (11329) in JOY, IL
2018-10-22Changed name to Farmers-Merchants Bank of Illinois (11329)
2024-01-26Merged into and subsequently operated as part of Merchants Bank of Indiana (8056)

Financial Information (2018-09-30 and Older)