Cylinder State Bank

Status:Inactive as of 10/05/1998
 Merger - Without Assistance
Successor Bank:Iowa Trust & Savings Bank
Headquarters:Cylinder State Bank
Main Street
Cylinder, IA 50528
Established:01/01/1898
FDIC Insurance:06/08/1961
FDIC Cert:#18399
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$16,630,000
Total Deposits:$13,361,000

History

1898-01-01Institution established: Original name:Cylinder State Bank
1916-12-13Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1998-10-05Merged into and subsequently operated as part of Iowa Trust & Savings Bank (18400) in EMMETSBURG, IA
2019-09-23Acquired Panora State Bank (18001) in PANORA, IA
2023-11-03Acquired Citizens BankIowa Trust & Savings Bank (8758) in SAC CITY, IA as part of a government assisted transaction.
2023-11-03Acquired Citizens BankIowa Trust & Savings Bank (8758) in SAC CITY, IA as part of a government assisted transaction.

Financial Information (1997-12-31 and Older)