City State Bank

Status:Inactive as of 10/21/2005
 Merger - Without Assistance
Successor Bank:Cornerstone Bank
Headquarters:City State Bank
Main Street
Sutton, NE 68979
Established:11/08/1913
FDIC Insurance:06/15/1934
FDIC Cert:#14479
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$64,560,000
Total Deposits:$49,267,000

History

1913-11-08Institution established: Original name:City State Bank
2005-10-21Acquired City State Bank in SUTTON, NE
2005-10-21Merged into and subsequently operated as part of Cornerstone Bank, National Association (5496) in YORK, NE
2005-10-21Acquired The Albion National Bank (5372) in ALBION, NE
2006-09-30Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2006-09-30Changed name to Cornerstone Bank (5496)
2006-09-30Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2008-01-11Acquired Bank of St. Edward (15294) in ST. EDWARD, NE
2010-04-01Acquired Harvard State Bank (14313) in HARVARD, NE
2011-10-06Acquired First State Bank (8600) in SHELTON, NE
2012-04-11Acquired Frontier Bank (19251) in DAVENPORT, NE
2014-04-01Acquired Bank of Marquette (5436) in MARQUETTE, NE
2015-02-18Acquired North Loup Valley Bank (16468) in NORTH LOUP, NE
2015-10-08Acquired The Guide Rock State Bank (11469) in GUIDE ROCK, NE
2016-09-30Acquired The State Bank of Hildreth (13723) in HILDRETH, NE
2017-01-06Acquired The Murray State Bank (10653) in MURRAY, NE
2018-10-30Acquired Franklin State Bank (11023) in FRANKLIN, NE
2019-12-05Acquired Security Home Bank (14639) in MALMO, NE

Financial Information (2005-09-30 and Older)