Sumner National Bank of Sheldon

Status:Inactive as of 10/01/2016
 Merger - Without Assistance
Successor Bank:Iroquois Farmers State Bank
Headquarters:Sumner National Bank of Sheldon
198 South Fourth Street
Sheldon, IL 60966
Established:01/01/1902
FDIC Insurance:01/01/1934
FDIC Cert:#936
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$23,921,000
Total Deposits:$22,252,000

History

1902-01-01Institution established: Original name:Sumner State Bank
1938-07-30Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
1938-07-30Changed name to Sumner National Bank of Stockland
1938-07-30Changed primary regulatory agency from FEDERAL RESERVE BOARD to COMPTROLLER OF THE CURRENCY
1938-08-01Moved bank headquarters from STOCKLAND, IL to SHELDON, IL
1938-08-01Changed name to Sumner National Bank of Sheldon
2016-10-01Merged into and subsequently operated as part of Iroquois Farmers State Bank (11746) in IROQUOIS, IL

Financial Information (2016-09-30 and Older)