The Lower Salem Commercial Bank

Status:Inactive as of 02/23/2001
 Merger - Without Assistance
Successor Bank:Peoples Bank
Headquarters:The Lower Salem Commercial Bank
Main Street
Lower Salem, OH 45745
Established:11/23/1911
FDIC Insurance:01/01/1934
FDIC Cert:#9135
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$22,936,000
Total Deposits:$18,147,000

History

1911-11-23Institution established: Original name:The Lower Salem Commercial Bank
2001-02-23Merged into and subsequently operated as part of Peoples Bank, National Association (6544) in MARIETTA, OH
2002-06-15Acquired The Guernsey Bank, f.s.b. (28492) in CAMBRIDGE, OH
2003-05-09Acquired Kentucky Bank & Trust (22437) in ASHLAND, KY
2012-09-14Acquired First Federal Savings Bank (28746) in SISTERSVILLE, WV
2013-10-12Acquired Ohio Commerce Bank (58198) in BEACHWOOD, OH
2014-05-31Acquired The First National Bank of Wellston (6727) in WELLSTON, OH
2014-08-23Acquired Ohio Heritage Bank (34071) in COSHOCTON, OH
2014-10-25Acquired North Akron Savings Bank (28179) in AKRON, OH
2015-03-07Acquired The National Bank and Trust Company (6731) in WILMINGTON, OH
2015-12-30Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2015-12-30Changed name to The Peoples Banking and Trust Company (6544)
2015-12-30Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2016-02-01Changed name to Peoples Bank (6544)
2018-04-14Acquired American Savings Bank, FSB (29597) in PORTSMOUTH, OH
2019-04-13Acquired The First Commonwealth Bank of Prestonsburg, Inc. (2721) in PRESTONSBURG, KY

Financial Information (2000-12-31 and Older)