American State Bank

Status:Inactive as of 2005-12-01
 Merger - Without Assistance
Successor Bank:BancorpSouth Bank
Headquarters:American State Bank
2201 Fair Park
Jonesboro, AR 72401
Established:1908-10-01
FDIC Insurance:1934-01-01
FDIC Cert:#5617
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:11
Total Assets:$356,737,000
Total Deposits:$294,403,000

History

1908-10-01Institution established: Original name:Bank of Wilson
1989-04-24Changed name to American State Bank
1990-11-16Moved bank headquarters from WILSON, AR to OSCEOLA, AR
1999-10-21Moved bank headquarters from OSCEOLA, AR to JONESBORO, AR
2003-11-04Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2005-12-01Merged into and subsequently operated as part of BancorpSouth Bank (11813) in TUPELO, MS
2006-09-01Acquired First Kensington Bank (35327) in TAMPA, FL
2007-07-02Acquired The Signature Bank (34505) in SPRINGFIELD, MO
2017-10-31Reorganized.
2018-01-15Acquired Ouachita Independent Bank (34332) in MONROE, LA
2018-01-15Reorganized.
2018-01-15Acquired First State Bank Central Texas (11151) in AUSTIN, TX
2018-10-01Acquired Icon Bank of Texas, National Association (58378) in HOUSTON, TX

Financial Information (2005-09-30 and Older)