State Bank of Arthur

Status:Inactive as of 10/06/2017
 Absorption - Without Assistance
Successor Bank:Morton Community Bank
Headquarters:State Bank of Arthur
411 South Vine Street
Arthur, IL 61911
Established:05/11/1910
FDIC Insurance:01/01/1934
FDIC Cert:#1800
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$133,805,000
Total Deposits:$115,340,000

History

1910-05-11Institution established: Original name:State Bank of Arthur
1941-06-19Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
1941-06-19Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2017-10-06Merged into and subsequently operated as part of Morton Community Bank (18429) in MORTON, IL
2018-03-17Acquired State Bank of Speer (10825) in SPEER, IL
2019-12-06Acquired First Trust & Savings Bank of Albany, Illinois (5754) in ALBANY, IL

Financial Information (2017-09-30 and Older)