First State Bank

Status:Inactive as of 10/21/2017
 Absorption - Without Assistance
Successor Bank:Community State Bank
Headquarters:First State Bank
123 Main Street
Sioux Rapids, IA 50585
Established:07/12/1930
FDIC Insurance:03/24/1936
FDIC Cert:#15369
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$42,720,000
Total Deposits:$36,796,000

History

1930-07-12Institution established: Original name:First State Bank
1936-04-04Moved bank headquarters from LINN GROVE, IA to SIOUX RAPIDS, IA
2017-10-21Merged into and subsequently operated as part of Community State Bank (230) in SPENCER, IA
2021-07-09Acquired Laurens State BankCommunity State Bank (15320) in LAURENS, IA.

Financial Information (2017-09-30 and Older)