IAB Financial Bank

Status:Inactive as of 2017-07-14
 Absorption - Without Assistance
Successor Bank:First Merchants Bank
Headquarters:IAB Financial Bank
118 East Ludwig Road
Fort Wayne, IN 46825
Established:1946-04-06
FDIC Insurance:1946-04-06
FDIC Cert:#16400
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:19
Total Assets:$1,086,554,000
Total Deposits:$865,568,000

History

1946-04-06Institution established: Original name:Grabill Bank
2003-02-27Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2012-07-01Moved bank headquarters from GRABILL, IN to FORT WAYNE, IN
2012-10-09Acquired MarkleBank (16650) in MARKLE, IN
2012-10-09Changed name to IAB Financial Bank
2015-02-01Acquired iAB Merger Bank (13110) in BOURBON, IN
2017-07-14Merged into and subsequently operated as part of First Merchants Bank (4365) in MUNCIE, IN

Financial Information (2017-06-30 and Older)