First American Bank
Status: | Inactive as of 09/13/1999 |
Merger - Without Assistance | |
Successor Bank: | First American Bank |
Headquarters: | First American Bank 1818 West Jefferson Street Joliet, IL 60434 |
Established: | 07/15/1960 |
FDIC Insurance: | 07/15/1960 |
FDIC Cert: | #18278 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $122,314,000 |
Total Deposits: | $113,350,000 |
History
1960-07-15 | Institution established: Original name:Louis Joliet Bank | |
1974-07-01 | Changed name to Louis Joliet Bank and Trust Company | |
1984-10-10 | Acquired West Jefferson Bank (21184) in TROY TOWNSHIP, IL | |
1987-04-01 | Changed name to First American Bank of Will County | |
1990-05-14 | Changed name to First American Bank | |
1993-05-13 | Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED | |
1995-07-10 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
1999-09-13 | Acquired First American Bank of Kankakee (18579) in KANKAKEE, IL | |
1999-09-13 | Merged into and subsequently operated as part of First American Bank (3657) in CARPENTERSVILLE, IL | |
2003-11-24 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2003-11-24 | Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION | |
2009-02-01 | Moved bank headquarters from CARPENTERSVILLE, IL to ELK GROVE VILLAGE, IL | |
2010-01-15 | Acquired Town Community Bank and Trust (34705) in ANTIOCH, IL as part of a government assisted transaction. | |
2014-12-05 | Acquired Bank of Coral Gables (58131) in CORAL GABLES, FL | |
2018-02-17 | Acquired Southport Bank (34289) in KENOSHA, WI | |
2019-10-23 | Acquired Continental National Bank (21578) in MIAMI, FL |