Douglass National Bank

Status:Inactive as of 01/25/2008
 Absorption - Assisted
Successor Bank:Liberty Bank and Trust Company
Headquarters:Douglass National Bank
1670 East 63rd Street
Kansas City, MO 64110
Established:09/03/1983
FDIC Insurance:09/03/1983
FDIC Cert:#24660
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$52,824,000
Total Deposits:$50,250,000

History

1983-09-03Acquired The Douglass State Bank (16614) in KANSAS CITY, KS
1983-09-03Institution established: Original name:The Douglass Bank
1986-08-20Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1990-06-20Change trust powers from LIMITED TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1991-12-04Maintained operations with government open bank assistance.
1996-09-30Moved bank headquarters from KANSAS CITY, KS to KANSAS CITY, MO
1996-09-30Changed name to Douglass National Bank
1996-09-30Change trust powers from TRUST POWERS TERMINATED to FULL TRUST POWERS GRANTED
2008-01-25Failed. Acquired with government financial assistance and subsequently operated as part of Liberty Bank and Trust Company (20856)
2009-04-01Acquired United Bank and Trust Company (33144) in NEW ORLEANS, LA
2009-11-06Acquired Home Federal Savings Bank (30329) in DETROIT, MI as part of a government assisted transaction.
2013-02-15Acquired Covenant Bank (22476) in CHICAGO, IL as part of a government assisted transaction.
2015-03-16Acquired First Tuskegee Bank (33519) in TUSKEGEE, AL
2020-04-22Moved bank headquarters from KANSAS CITY, MO to New Orleans, LA
2020-04-22Acquired Metro Bank (34308) in LOUISVILLE, KY
2021-10-08Acquired Tri-State Bank of MemphisLiberty Bank and Trust Company (16511) in MEMPHIS, TN.

Financial Information (2007-12-31 and Older)