First Bank & Trust

Status:Inactive as of 10/16/2020
 Merger - Without Assistance
Successor Bank:First Bank & Trust
Headquarters:First Bank & Trust
110 North Minnesota Avenue
Sioux Falls, SD 57104
Established:10/31/1987
FDIC Insurance:10/31/1987
FDIC Cert:#27078
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$1,161,100,000
Total Deposits:$991,162,000

History

1987-10-31Institution established: Original name:First Madison Bank
1998-03-16Changed name to First American Bank & Trust
1998-04-09Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1998-08-31Acquired First American Bank (9939) in CANTON, SD
2001-11-21Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2001-11-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2004-10-04Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2004-10-04Changed primary regulatory agency from FEDERAL RESERVE BOARD to COMPTROLLER OF THE CURRENCY
2004-10-04Moved bank headquarters from MADISON, SD to SIOUX FALLS, SD
2004-10-04Changed name to First American Bank & Trust, National Association
2006-03-31Changed name to First Bank & Trust, National Association
2009-07-01Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2009-07-01Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2009-07-01Changed name to First Bank & Trust
2020-10-16Merged into and subsequently operated as part of First Bank & Trust (3973) in Brookings, SD

Financial Information (2020-09-30 and Older)