Bank of Illinois

Status:Inactive as of 03/05/2010
 Absorption - Assisted
Successor Bank:Heartland Bank and Trust Company
Headquarters:Bank of Illinois
200 West College Avenue
Normal, IL 61761
Established:01/01/1914
FDIC Insurance:01/01/1934
FDIC Cert:#9268
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$211,711,000
Total Deposits:$198,487,000

History

1914-01-01Institution established: Original name:The Bank of Illinois in Normal
1970-09-17Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2005-10-01Changed name to Bank of Illinois
2010-03-05Failed. Acquired with government financial assistance and subsequently operated as part of Heartland Bank and Trust Company (20369)
2011-04-08Acquired Western Springs National Bank and Trust (10086) in WESTERN SPRINGS, IL as part of a government assisted transaction.
2011-08-05Acquired Bank of Shorewood (22637) in SHOREWOOD, IL as part of a government assisted transaction.
2012-08-24Acquired Farmer City State Bank (15855) in FARMER CITY, IL
2012-11-02Acquired Citizens First National Bank (3731) in PRINCETON, IL as part of a government assisted transaction.
2016-04-29Acquired American Midwest Bank (21272) in SYCAMORE, IL
2020-12-31Moved bank headquarters from 401 NORTH HERSHEY ROAD, BLOOMINGTON, IL to 401 N Hershey Rd, Bloomington, IL.
2020-12-31Acquired State Bank of LincolnHeartland Bank and Trust Company (12396) in LINCOLN, IL.

Financial Information (2009-12-31 and Older)